Robinhood Markets’ (HOOD) Market Outperform Rating Reiterated at Citizens Jmp

Citizens Jmp reissued their market outperform rating on shares of Robinhood Markets (NASDAQ:HOOD) in a report released on Wednesday,Benzinga reports. The brokerage currently has a $165.00 price target on the stock.

HOOD has been the subject of a number of other research reports. Sanford C. Bernstein reissued an “outperform” rating and issued a $160.00 price objective on shares of Robinhood Markets in a report on Tuesday, September 8th. Mizuho upped their price target on shares of Robinhood Markets from $130.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, September 9th. Rosenblatt Securities reaffirmed a “buy” rating and set a $135.00 price target on shares of Robinhood Markets in a report on Wednesday. The Goldman Sachs Group lifted their target price on Robinhood Markets from $144.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, September 29th. Finally, Benchmark raised shares of Robinhood Markets to a “strong-buy” rating in a report on Wednesday, September 9th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $127.39.

Robinhood Markets Stock Performance

Shares of HOOD opened at $84.99 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.24 and a quick ratio of 1.22. The firm has a 50-day moving average of $108.49 and a 200-day moving average of $93.04. The company has a market cap of $76.41 billion, a PE ratio of 39.17, a price-to-earnings-growth ratio of 1.95 and a beta of 2.35. Robinhood Markets has a one year low of $63.51 and a one year high of $150.47.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.04. Robinhood Markets had a return on equity of 21.49% and a net margin of 39.04%. The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same period last year, the firm posted $0.61 earnings per share. The business’s revenue was up 11.5% on a year-over-year basis. As a group, equities analysts forecast that Robinhood Markets will post 2.15 earnings per share for the current year.

Insider Buying and Selling at Robinhood Markets

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $113.72, for a total transaction of $42,645,000.00. Following the completion of the sale, the chief executive officer owned 375,000 shares of the company’s stock, valued at $42,645,000. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 50,912 shares of the business’s stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of $101.40, for a total value of $5,162,476.80. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,091,347 shares of company stock valued at $128,447,880. 13.48% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. James T. Borello RIA purchased a new stake in shares of Robinhood Markets in the 3rd quarter worth about $29,000. C M Bidwell & Associates Ltd. bought a new position in Robinhood Markets in the 2nd quarter worth $27,000. Continuum Advisory LLC purchased a new position in shares of Robinhood Markets in the second quarter valued at about $40,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of Robinhood Markets in the 1st quarter worth about $33,000. Finally, Glen Eagle Advisors LLC lifted its holdings in shares of Robinhood Markets by 100.7% in the 1st quarter. Glen Eagle Advisors LLC now owns 568 shares of the company’s stock worth $39,000 after acquiring an additional 285 shares during the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

More Robinhood Markets News

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

• Positive Sentiment: Diversification is gaining traction. Robinhood reported record third-quarter revenue of approximately $1.42 billion, while prediction-market activity, equities, options and margin trading remained strong. Management also highlighted expansion of its Agentic Trading suite, crypto offerings and broader financial “super app” strategy. Robinhood’s Diversification Push Gains Momentum in Q3
• Positive Sentiment: Prediction markets are a major growth opportunity. The business reportedly grew sevenfold year over year, with management arguing that prediction markets could become a significant long-term revenue stream as activity expands beyond sports. Why Robinhood Thinks We’re at the Beginning of a Prediction Market Supercycle
• Positive Sentiment: Some analysts remain bullish. BTIG, Rosenblatt and Citizens JMP reiterated positive ratings, reflecting confidence in Robinhood’s product expansion and longer-term growth potential. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Broader market pressure is adding volatility. A technology selloff and concerns about the sustainability of AI-related spending are weighing on high-growth and trading-platform stocks generally. Morning Call Sheet
• Negative Sentiment: Quarterly profitability disappointed investors. Although revenue reached a record, reports said adjusted EPS missed expectations, while GAAP net income and diluted EPS fell year over year. The contrast between strong top-line growth and weaker earnings raised concerns about operating performance and valuation. Why Wall Street Remains Bullish Despite the Decline
• Negative Sentiment: Crypto revenue fell sharply. Crypto revenue dropped 55% year over year amid a weaker crypto market, reducing a historically important source of transaction revenue. A record Binance theft also pressured crypto-related stocks across the sector. Crypto Stocks Fall After Binance Hack
• Negative Sentiment: Analysts lowered expectations. Wells Fargo, Goldman Sachs, JPMorgan, Barclays, KeyCorp, Scotiabank and Needham reduced price targets or forecasts, contributing to selling pressure. Barclays Cuts Robinhood Price Target

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.