Robinhood Markets (NASDAQ:HOOD) Price Target Cut to $125.00 by Analysts at Truist Financial

Robinhood Markets (NASDAQ:HOOD – Get Free Report) had its price objective cut by research analysts at Truist Financial from $134.00 to $125.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the stock. Truist Financial‘s price target suggests a potential upside of 32.19% from the company’s previous close.

Other research analysts have also recently issued research reports about the stock. Loop Capital set a $135.00 price objective on shares of Robinhood Markets in a research report on Tuesday, September 29th. Citizens Jmp raised their target price on shares of Robinhood Markets from $155.00 to $165.00 and gave the stock a “market outperform” rating in a report on Friday, September 11th. Zacks Research upgraded shares of Robinhood Markets from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 3rd. The Goldman Sachs Group lifted their price target on shares of Robinhood Markets from $144.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, September 29th. Finally, Jefferies Financial Group upped their price target on shares of Robinhood Markets from $127.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $129.70.

View Our Latest Report on Robinhood Markets

Robinhood Markets Stock Performance

NASDAQ HOOD opened at $94.56 on Wednesday. The company has a market cap of $85.02 billion, a P/E ratio of 41.66 and a beta of 2.35. The business’s 50 day moving average price is $108.78 and its 200-day moving average price is $93.44. Robinhood Markets has a fifty-two week low of $63.51 and a fifty-two week high of $150.47.

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

Insider Buying and Selling

In other news, CFO Shiv Verma sold 11,472 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $110.42, for a total transaction of $1,266,738.24. Following the transaction, the chief financial officer directly owned 56,858 shares of the company’s stock, valued at approximately $6,278,260.36. This trade represents a 16.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 375,000 shares of the company’s stock, valued at $42,645,000. This represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,091,347 shares of company stock worth $128,447,880 over the last 90 days. Corporate insiders own 13.48% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HOOD. Wellington Management Group LLP lifted its holdings in shares of Robinhood Markets by 37.1% in the 2nd quarter. Wellington Management Group LLP now owns 786,318 shares of the company’s stock worth $78,852,000 after buying an additional 212,855 shares during the period. Nykredit A S bought a new position in shares of Robinhood Markets during the 2nd quarter worth $29,008,000. QRG Capital Management Inc. increased its stake in shares of Robinhood Markets by 14.8% during the second quarter. QRG Capital Management Inc. now owns 180,595 shares of the company’s stock valued at $18,110,000 after buying an additional 23,253 shares during the period. NewEdge Advisors LLC increased its stake in shares of Robinhood Markets by 18.3% during the second quarter. NewEdge Advisors LLC now owns 68,920 shares of the company’s stock valued at $6,911,000 after buying an additional 10,685 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Robinhood Markets during the second quarter valued at $22,691,000. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

More Robinhood Markets News

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

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Robinhood Markets (NASDAQ:HOOD)

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