Barclays Cuts Robinhood Markets (NASDAQ:HOOD) Price Target to $82.00

Robinhood Markets (NASDAQ:HOOD) had its price objective reduced by Barclays from $89.00 to $82.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other equities research analysts also recently weighed in on the company. Jefferies Financial Group lowered their target price on Robinhood Markets from $88.00 to $84.00 and set a “buy” rating for the company in a report on Monday, April 6th. Compass Point reiterated a “buy” rating on shares of Robinhood Markets in a report on Wednesday, February 11th. Argus started coverage on Robinhood Markets in a report on Friday, January 9th. They set a “buy” rating and a $145.00 price objective for the company. Weiss Ratings restated a “hold (c)” rating on shares of Robinhood Markets in a report on Friday, March 27th. Finally, Needham & Company LLC decreased their price objective on Robinhood Markets from $95.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday. Eighteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Robinhood Markets currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.88.

Robinhood Markets Trading Up 1.1%

HOOD stock traded up $0.77 during mid-day trading on Wednesday, reaching $73.66. The company’s stock had a trading volume of 25,173,919 shares, compared to its average volume of 34,375,820. The company has a market cap of $66.32 billion, a price-to-earnings ratio of 35.58, a price-to-earnings-growth ratio of 2.19 and a beta of 2.29. The business’s 50 day moving average price is $76.22 and its 200 day moving average price is $102.62. Robinhood Markets has a 12 month low of $45.56 and a 12 month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The company’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.37 earnings per share. As a group, equities analysts expect that Robinhood Markets will post 1.95 EPS for the current fiscal year.

Insider Buying and Selling at Robinhood Markets

In related news, CFO Shiv Verma sold 5,436 shares of the company’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $85.86, for a total transaction of $466,734.96. Following the completion of the sale, the chief financial officer owned 52,747 shares in the company, valued at approximately $4,528,857.42. This represents a 9.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the company’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $83.92, for a total value of $489,673.20. Following the sale, the chief technology officer owned 12,171 shares of the company’s stock, valued at $1,021,390.32. This trade represents a 32.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 540,447 shares of company stock valued at $40,159,378 in the last three months. Insiders own 14.47% of the company’s stock.

Institutional Investors Weigh In On Robinhood Markets

Several institutional investors have recently bought and sold shares of HOOD. Vanguard Group Inc. grew its holdings in Robinhood Markets by 24.9% during the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock worth $13,521,497,000 after buying an additional 18,824,923 shares in the last quarter. State Street Corp grew its holdings in Robinhood Markets by 103.2% during the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock worth $4,617,004,000 after buying an additional 16,375,734 shares in the last quarter. Norges Bank purchased a new position in Robinhood Markets in the fourth quarter worth $1,202,160,000. Corient Private Wealth LLC grew its stake in Robinhood Markets by 5,221.4% in the 4th quarter. Corient Private Wealth LLC now owns 2,559,848 shares of the company’s stock valued at $289,519,000 after purchasing an additional 2,511,743 shares during the period. Finally, Jennison Associates LLC bought a new position in Robinhood Markets in the 3rd quarter valued at $322,823,000. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets News Summary

Here are the key news stories impacting Robinhood Markets this week:

• Positive Sentiment: Core user and deposit trends look healthy: funded customers, net deposits and record Robinhood Gold subscriptions grew in Q1 and prediction-market activity contributed fee revenue, supporting a longer-term recurring‑revenue story. Q1 Earnings Call Summary
• Positive Sentiment: Prediction markets momentum: management said prediction-market fees overtook crypto in the quarter, which can diversify revenue away from volatile crypto swings. Earnings Video
• Positive Sentiment: International expansion progress — in‑principle regulatory approval in Singapore supports TAM expansion outside the U.S. if it converts to live revenues. Singapore Article
• Neutral Sentiment: Executive insider selling was disclosed (CTO sold shares under a pre‑arranged 10b5‑1 plan); procedural but watched by investors. SEC Form 4
• Neutral Sentiment: Some brokers still bullish even as targets shift — Cantor Fitzgerald reaffirmed an Overweight rating while Argus trimmed its price target but kept a Buy, leaving the sell‑side split on near‑term valuation. Cantor Fitzgerald Article Argus/Ticker Report
• Negative Sentiment: Q1 misses: revenue (~$1.07B) and EPS (reported $0.38) came in below consensus, triggering a sharp share pullback as investors re‑price near‑term growth and margin assumptions. Earnings Call Summary
• Negative Sentiment: Crypto revenue plunge was the primary driver of the top‑line shortfall, highlighting ongoing sensitivity to crypto market volatility. Investopedia Crypto Article
• Negative Sentiment: Higher operating expenses and a disclosed ~18% expense increase (including a ~$100M initiative) could pressure near‑term margins even as the company invests in growth. Yahoo Finance: Expenses
• Negative Sentiment: Growing analyst pessimism and target cuts (Barclays, Needham and others lowering targets or tone) amplify downside risk until revenue mix and margin trends stabilize. Barclays Reset Needham Note
• Negative Sentiment: New report flags a government-related deal that has turned sour, which could dent expected revenue or partnerships if material. AOL Article

About Robinhood Markets

Robinhood Markets, Inc (NASDAQ: HOOD) is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to “democratize finance for all.” Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.

Robinhood’s core products and services include a mobile app and web platform for trading U.S.