Robinhood Markets (NASDAQ:HOOD) Now Covered by Analysts at Rosenblatt Securities

Investment analysts at Rosenblatt Securities started coverage on shares of Robinhood Markets (NASDAQ:HOOD) in a report released on Wednesday, Briefing.com reports. The firm set a “buy” rating and a $135.00 price target on the stock. Rosenblatt Securities’ target price suggests a potential upside of 37.46% from the company’s current price.

HOOD has been the topic of a number of other research reports. Benchmark raised Robinhood Markets to a “strong-buy” rating in a report on Wednesday, September 9th. JPMorgan Chase & Co. lifted their target price on Robinhood Markets from $103.00 to $115.00 and gave the company a “neutral” rating in a report on Tuesday. Scotiabank assumed coverage on Robinhood Markets in a report on Wednesday, September 2nd. They set a “sector outperform” rating and a $136.00 target price for the company. Evercore started coverage on Robinhood Markets in a research report on Monday, October 12th. They set an “outperform” rating and a $130.00 price target on the stock. Finally, Bank of America increased their price target on shares of Robinhood Markets from $140.00 to $156.00 and gave the stock a “buy” rating in a report on Monday, October 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $130.20.

Robinhood Markets Trading Up 1.8%

Shares of HOOD stock opened at $98.21 on Wednesday. The stock has a market capitalization of $88.30 billion, a price-to-earnings ratio of 43.26, a PEG ratio of 1.88 and a beta of 2.35. The company’s fifty day simple moving average is $109.32 and its two-hundred day simple moving average is $96.79. Robinhood Markets has a 1 year low of $63.51 and a 1 year high of $150.47. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.22.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.18. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. Robinhood Markets had a return on equity of 22.43% and a net margin of 42.01%. The business’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same period last year, the company earned $0.42 earnings per share. As a group, analysts anticipate that Robinhood Markets will post 2.15 earnings per share for the current year.

Insider Transactions at Robinhood Markets

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $113.72, for a total value of $42,645,000.00. Following the transaction, the chief executive officer directly owned 375,000 shares in the company, valued at $42,645,000. This represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $122.43, for a total value of $1,224,300.00. Following the completion of the sale, the insider directly owned 509,943 shares in the company, valued at approximately $62,432,321.49. The trade was a 1.92% decrease in their position. 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 quarter, insiders have sold 1,089,658 shares of company stock valued at $127,966,018. Corporate insiders own 13.48% of the company’s stock.

Institutional Trading of Robinhood Markets

A number of large investors have recently modified their holdings of HOOD. City State Bank raised its stake in Robinhood Markets by 78.1% in the third quarter. City State Bank now owns 2,280 shares of the company’s stock valued at $256,000 after purchasing an additional 1,000 shares in the last quarter. Quadrant Capital Group LLC lifted its position in Robinhood Markets by 295.2% during the third quarter. Quadrant Capital Group LLC now owns 8,342 shares of the company’s stock valued at $922,000 after purchasing an additional 6,231 shares during the last quarter. Carnegie Investment Counsel lifted its position in Robinhood Markets by 81.3% during the third quarter. Carnegie Investment Counsel now owns 16,956 shares of the company’s stock valued at $1,908,000 after purchasing an additional 7,604 shares during the last quarter. Pinnacle Associates Ltd. purchased a new position in Robinhood Markets in the 3rd quarter worth approximately $263,000. Finally, Nisa Investment Advisors LLC grew its stake in Robinhood Markets by 12.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 57,628 shares of the company’s stock worth $6,483,000 after buying an additional 6,426 shares in the last quarter. Institutional investors own 93.27% of the company’s stock.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: JPMorgan raised its HOOD price target from $103 to $115 while maintaining a “neutral” rating, implying meaningful potential upside from recent trading levels. The higher target reflects confidence in Robinhood’s earnings and growth prospects, even though JPMorgan is not recommending an outright Buy. JPMorgan Raises Robinhood Price Target
• Positive Sentiment: Multiple previews argue that Robinhood has favorable conditions for beating upcoming earnings estimates, including positive estimate revisions and operating momentum. Investors will focus on transaction-based revenue, net deposits, cryptocurrency activity and the company’s outlook. Robinhood Expected to Beat Earnings Estimates
• Positive Sentiment: Robinhood is broadening beyond its core brokerage business, with more than 15 recently announced products, including AI trading agents, weekend stock trading and prediction-market contracts. The expansion could diversify revenue and strengthen customer engagement. Robinhood Has 13 $100M Businesses
• Neutral Sentiment: Robinhood’s prediction-market activity has reportedly grown sharply, adding to the company’s growth narrative. Yet the opportunity remains relatively new and may face regulatory uncertainty, making its long-term earnings contribution difficult to assess. Robinhood Prediction Market Analysis
• Negative Sentiment: The stock recently declined even as the broader market advanced, suggesting investors may be taking profits or becoming more cautious about Robinhood’s elevated valuation. Analysts note that the shares trade at a substantial premium to the broader market, leaving less room for disappointing growth or guidance. Robinhood Stock Falls Amid Market Uptick
• Negative Sentiment: A key risk is that Robinhood’s rapid expansion and strong recent revenue growth may slow. With the stock priced for continued growth, weaker trading activity, deposits or product adoption could pressure the shares. What Happens to Robinhood Stock if Growth Stalls?

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.