Robinhood Markets (NASDAQ:HOOD) Given New $120.00 Price Target at Truist Financial

Robinhood Markets (NASDAQ:HOOD) had its price objective reduced by investment analysts at Truist Financial from $130.00 to $120.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s price target indicates a potential upside of 61.71% from the stock’s current price.

HOOD has been the topic of several other research reports. Wolfe Research upgraded shares of Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 target price on the stock in a report on Monday. CICC Research began coverage on shares of Robinhood Markets in a research note on Monday, October 27th. They issued an “outperform” rating and a $155.00 target price on the stock. The Goldman Sachs Group reduced their target price on shares of Robinhood Markets from $152.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday. Compass Point reiterated a “buy” rating on shares of Robinhood Markets in a research report on Wednesday. Finally, KeyCorp reduced their price objective on Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday. Eighteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $126.95.

Robinhood Markets Trading Down 4.8%

NASDAQ:HOOD traded down $3.76 during midday trading on Thursday, hitting $74.21. 7,365,970 shares of the stock were exchanged, compared to its average volume of 29,603,662. The business has a 50-day moving average price of $111.33 and a two-hundred day moving average price of $118.68. Robinhood Markets has a one year low of $29.66 and a one year high of $153.86. The company has a market capitalization of $66.73 billion, a price-to-earnings ratio of 36.01, a P/E/G ratio of 1.32 and a beta of 2.43.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.97% and a net margin of 42.10%.The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the company posted $1.01 EPS. The company’s revenue was up 26.5% compared to the same quarter last year. Sell-side analysts forecast that Robinhood Markets will post 1.35 EPS for the current fiscal year.

Insiders Place Their Bets

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $121.63, for a total transaction of $45,611,250.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Steven M. Quirk sold 52,540 shares of Robinhood Markets stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $87.81, for a total value of $4,613,537.40. Following the completion of the transaction, the insider directly owned 27,564 shares in the company, valued at $2,420,394.84. This trade represents a 65.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,537,615 shares of company stock worth $182,272,702. Insiders own 14.47% of the company’s stock.

Institutional Trading of Robinhood Markets

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Robinhood Markets by 24.9% in the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock worth $13,521,497,000 after acquiring an additional 18,824,923 shares during the period. State Street Corp boosted its stake in shares of Robinhood Markets by 103.2% in the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock worth $4,617,004,000 after acquiring an additional 16,375,734 shares during the period. WCM Investment Management LLC raised its position in shares of Robinhood Markets by 3,615.7% during the second quarter. WCM Investment Management LLC now owns 11,555,160 shares of the company’s stock valued at $1,081,910,000 after buying an additional 11,244,182 shares during the last quarter. Norges Bank purchased a new stake in Robinhood Markets in the 4th quarter worth $1,202,160,000. Finally, Paradigm Operations LP purchased a new position in Robinhood Markets during the 2nd quarter valued at approximately $308,979,000. 93.27% of the stock is currently owned by institutional investors.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Solid operating results: Robinhood posted record 2025 revenue ($4.5B) and Q4 revenue of $1.28B, beat EPS estimates ($0.66 vs $0.63) and reported strong net deposits and growth in Gold subscribers — metrics that support long-term monetization. Robinhood Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Product expansion & product-velocity thesis: Management emphasized prediction markets (record event-contract volumes), a JV to acquire MIAXdx (Rothera) and international rollouts — initiatives management says will drive future revenue diversification. Robinhood outlines path to $1T in platform assets
• Positive Sentiment: Institutional buying signal: ARK Invest added roughly $34M of HOOD earlier in January, signaling some long‑term investor conviction despite recent volatility. ARK buys HOOD stock worth $34M
• Neutral Sentiment: CFO transition & expense plan: New CFO Shiv Verma takes the role; management expects 2026 adjusted operating expenses & SBC to grow ~18% at midpoint as it funds product expansion — a deliberate tradeoff between growth and near-term cost pressure. Press release (CFO transition & outlook)
• Neutral Sentiment: Mixed analyst responses: Several firms trimmed price targets (Goldman Sachs, Piper Sandler, Barclays, Needham) but many maintain buy/overweight ratings and elevated targets — signaling disagreement on timing vs. longer-term upside. Analyst moves summary (Benzinga)
• Negative Sentiment: Crypto revenue collapse weighed on sentiment: Crypto revenue fell ~38% YoY in Q4, driving a revenue miss vs. Street estimates and triggering selling pressure given HOOD’s exposure to crypto volumes/volatility. Crypto revenue collapse coverage
• Negative Sentiment: Revenue short of consensus and stock reaction: The $1.28B Q4 revenue came below consensus (~$1.32B), prompting downward stock pressure despite earnings beat; media/market commentary highlighted the miss. Earnings recap & call
• Negative Sentiment: Significant insider selling and volatile valuation: Recent data show heavy insider share sales (disclosed via Quiver/filings) and a high beta; both increase downside risk if market sentiment remains weak. Quiver/summary (insider & metrics)

Robinhood Markets Company Profile

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.