Needham & Company LLC Cuts Robinhood Markets (NASDAQ:HOOD) Price Target to $135.00

Robinhood Markets (NASDAQ:HOOD) had its target price decreased by Needham & Company LLC from $145.00 to $135.00 in a research note published on Monday morning, Marketbeat.com reports. Needham & Company LLC currently has a buy rating on the stock.

HOOD has been the subject of several other reports. Citigroup increased their price target on shares of Robinhood Markets from $120.00 to $135.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 23rd. Morgan Stanley lifted their target price on shares of Robinhood Markets from $146.00 to $147.00 and gave the stock an “equal weight” rating in a report on Monday, December 22nd. The Goldman Sachs Group raised their price target on shares of Robinhood Markets from $134.00 to $152.00 and gave the company a “buy” rating in a research report on Tuesday, September 30th. Weiss Ratings restated a “hold (c+)” rating on shares of Robinhood Markets in a research report on Monday, December 22nd. Finally, Barclays raised their target price on Robinhood Markets from $168.00 to $171.00 and gave the stock an “overweight” rating in a research report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Robinhood Markets presently has an average rating of “Moderate Buy” and a consensus target price of $136.80.

Robinhood Markets Price Performance

Shares of Robinhood Markets stock opened at $113.10 on Monday. Robinhood Markets has a one year low of $29.66 and a one year high of $153.86. The stock has a market capitalization of $101.70 billion, a P/E ratio of 46.93, a price-to-earnings-growth ratio of 2.11 and a beta of 2.43. The business’s 50 day simple moving average is $126.82 and its two-hundred day simple moving average is $116.35.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.20. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.15 billion. Robinhood Markets had a net margin of 52.19% and a return on equity of 21.74%. The firm’s revenue was up 100.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.17 EPS. Sell-side analysts expect that Robinhood Markets will post 1.35 earnings per share for the current fiscal year.

Insider Activity

In other Robinhood Markets news, Director Baiju Bhatt sold 1,330,000 shares of the business’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $128.47, for a total value of $170,865,100.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Steven M. Quirk sold 49,942 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $131.15, for a total value of $6,549,893.30. Following the transaction, the insider directly owned 54,496 shares in the company, valued at $7,147,150.40. This represents a 47.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 2,936,763 shares of company stock worth $371,050,559. 14.47% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in HOOD. Wellington Management Group LLP increased its stake in Robinhood Markets by 3.1% in the 1st quarter. Wellington Management Group LLP now owns 16,261 shares of the company’s stock valued at $677,000 after purchasing an additional 486 shares in the last quarter. Metavasi Capital LP grew its holdings in Robinhood Markets by 275.0% in the first quarter. Metavasi Capital LP now owns 75,000 shares of the company’s stock valued at $3,122,000 after purchasing an additional 55,000 shares during the last quarter. Venture Visionary Partners LLC grew its holdings in Robinhood Markets by 63.0% in the second quarter. Venture Visionary Partners LLC now owns 125,420 shares of the company’s stock valued at $11,743,000 after purchasing an additional 48,494 shares during the last quarter. Canada Pension Plan Investment Board increased its position in shares of Robinhood Markets by 114.8% in the first quarter. Canada Pension Plan Investment Board now owns 369,900 shares of the company’s stock valued at $15,395,000 after buying an additional 197,673 shares in the last quarter. Finally, EJF Capital LLC acquired a new position in shares of Robinhood Markets during the 1st quarter worth $416,000. Hedge funds and other 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: CEO outlines prediction-market strategy and use cases, which can help clarify product positioning and ease adoption among retail traders—supporting future revenue diversification. Read More.
• Positive Sentiment: Industry research highlights prediction markets as a potential $300B opportunity, reinforcing a large addressable market that would benefit HOOD if it keeps market share. Read More.
• Positive Sentiment: Stock picks and analyst commentary (Zacks) list HOOD among stocks seen as better bets than crypto and as a founder-run company with long-term growth potential—supportive for investor sentiment on HOOD’s secular story. Read More. Read More.
• Neutral Sentiment: DraftKings’ recent launch into prediction markets validates the space (and could expand overall awareness), but it also increases competitive pressure on Robinhood’s prediction-market initiatives. Read More.
• Neutral Sentiment: Headline pieces summarizing Robinhood’s 2026 outlook and public forecasts add noise; they shift sentiment quickly but will only move fundamentals once adoption or revenue data arrive. Read More.
• Negative Sentiment: Needham & Company trimmed expectations for HOOD, which can weigh on investor sentiment and near-term price targets. Read More.
• Negative Sentiment: Investor caution around crypto continues to drag sentiment—coverage notes that recent share weakness is linked to a cooling crypto market, highlighting HOOD’s sensitivity to crypto trading volumes. Read More.

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.