Robinhood Markets (NASDAQ:HOOD) Stock Price Target Lowered at KeyCorp

Robinhood Markets (NASDAQ:HOOD) had its price target cut by equities research analysts at KeyCorp from $140.00 to $135.00 in a report issued on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. KeyCorp‘s price target would suggest a potential upside of 42.77% from the company’s current price.

A number of other research analysts also recently commented on the company. Rothschild & Co Redburn increased their target price on Robinhood Markets from $78.00 to $80.00 and gave the company a “sell” rating in a research report on Friday, August 14th. Benchmark upgraded shares of Robinhood Markets to a “strong-buy” rating in a research report on Wednesday, September 9th. BTIG Research reaffirmed a “buy” rating and set a $135.00 price target on shares of Robinhood Markets in a research note on Wednesday. JPMorgan Chase & Co. boosted their target price on shares of Robinhood Markets from $103.00 to $115.00 and gave the stock a “neutral” rating in a report on Tuesday, October 20th. Finally, Barclays upped their target price on shares of Robinhood Markets from $105.00 to $132.00 and gave the company an “overweight” rating in a research report on Wednesday, October 7th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $129.17.

Robinhood Markets Trading Up 1.9%

Shares of HOOD stock opened at $94.56 on Wednesday. The stock has a market capitalization of $85.02 billion, a price-to-earnings ratio of 41.66 and a beta of 2.35. Robinhood Markets has a 12-month low of $63.51 and a 12-month high of $150.47. The stock’s 50-day moving average price is $108.78 and its 200-day moving average price is $93.44.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.04. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.44 billion. Robinhood Markets’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.61 earnings per share. As a group, research analysts predict that Robinhood Markets will post 2.19 EPS for the current fiscal year.

Insider Transactions at Robinhood Markets

In related news, insider Daniel Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $113.71, for a total transaction of $1,137,100.00. Following the completion of the transaction, the insider directly owned 499,943 shares of the company’s stock, valued at approximately $56,848,518.53. The trade was a 1.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $113.72, for a total transaction of $42,645,000.00. Following the transaction, the chief executive officer owned 375,000 shares in the company, valued at $42,645,000. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 1,091,347 shares of company stock worth $128,447,880. 13.48% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Robinhood Markets by 10.2% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,812,999 shares of the company’s stock worth $472,141,000 after buying an additional 632,403 shares during the period. Amundi increased its stake in Robinhood Markets by 89.0% in the first quarter. Amundi now owns 6,385,232 shares of the company’s stock worth $442,497,000 after purchasing an additional 3,007,103 shares during the period. Bank of New York Mellon Corp purchased a new stake in Robinhood Markets in the second quarter worth $379,695,000. Amova Asset Management Americas Inc. lifted its position in shares of Robinhood Markets by 15.0% during the first quarter. Amova Asset Management Americas Inc. now owns 5,240,796 shares of the company’s stock worth $362,925,000 after purchasing an additional 685,041 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of Robinhood Markets by 48.6% during the first quarter. Renaissance Technologies LLC now owns 5,104,137 shares of the company’s stock valued at $353,717,000 after purchasing an additional 1,668,400 shares during the period. Institutional investors own 93.27% of the company’s stock.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood reported record third-quarter revenue of approximately $1.42 billion, up about 12% year over year. Net deposits reached $16 billion, platform assets rose 19% to $396 billion, and Robinhood Gold subscribers increased to a record 5.2 million. Robinhood Reports Third Quarter 2026 Results
• Positive Sentiment: Event contracts, options and other products helped offset the crypto slowdown. Event-contract activity reached a record 16.4 billion contracts, while the company said it now has 14 business lines generating at least $100 million in annualized revenue. Robinhood quarterly revenue rises 12%
• Positive Sentiment: The partnership with Ripple to expand RLUSD could support Robinhood’s stablecoin, institutional trading and treasury-management ambitions, adding potential growth beyond retail crypto trading. Ripple strikes deal with Robinhood
• Neutral Sentiment: Adjusted EPS of $0.60 exceeded the $0.56 consensus estimate, but reported diluted EPS fell 16% year over year to $0.51. The mixed earnings metrics have made investor sentiment dependent on the quality and durability of revenue growth. Robinhood Q3 Earnings Surpass Estimates
• Negative Sentiment: Crypto revenue dropped 55% from a year earlier to about $120 million as subdued crypto markets reduced trading activity. Rising costs and the slight revenue shortfall versus Wall Street expectations further pressured the earnings reaction. Robinhood shares fall as crypto markets chill drives profit miss
• Negative Sentiment: Reports of substantial insider selling added pressure, while the stock’s move below its 200-day moving average near $93.44 represents a potentially negative technical signal for momentum-focused investors. Robinhood Q3 2026 Earnings and Insider Trading Activity

About Robinhood Markets

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.