Robinhood Markets’ (HOOD) “Buy” Rating Reaffirmed at Rosenblatt Securities

Robinhood Markets (NASDAQ:HOOD)‘s stock had its “buy” rating restated by stock analysts at Rosenblatt Securities in a report issued on Wednesday, Benzinga reports. They presently have a $135.00 price target on the stock. Rosenblatt Securities‘s price objective points to a potential upside of 48.59% from the company’s current price.

A number of other brokerages have also commented on HOOD. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Robinhood Markets in a research report on Tuesday, September 15th. Benchmark raised Robinhood Markets to a “strong-buy” rating in a research report on Wednesday, September 9th. Bank of America boosted their target price on Robinhood Markets from $140.00 to $156.00 and gave the company a “buy” rating in a research report on Monday, October 5th. Compass Point boosted their target price on Robinhood Markets from $126.00 to $145.00 and gave the company a “buy” rating in a research report on Friday, October 2nd. Finally, Wells Fargo & Company decreased their price objective on Robinhood Markets from $125.00 to $120.00 and set an “equal weight” rating for the company in a report on Wednesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $128.54.

Robinhood Markets Trading Down 3.9%

Robinhood Markets stock traded down $3.70 during midday trading on Wednesday, reaching $90.86. The stock had a trading volume of 21,711,563 shares, compared to its average volume of 26,528,955. Robinhood Markets has a 12 month low of $63.51 and a 12 month high of $150.47. The company has a market capitalization of $81.69 billion, a P/E ratio of 40.03 and a beta of 2.35. The company has a fifty day moving average price of $108.78 and a two-hundred day moving average price of $93.44.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Wednesday, October 28th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.04. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the previous year, the firm earned $0.61 earnings per share. The business’s quarterly revenue was up 11.5% on a year-over-year basis. On average, equities research analysts predict that Robinhood Markets will post 2.19 earnings per share for the current fiscal year.

Insider Activity

In other Robinhood Markets news, Director Baiju Bhatt sold 50,912 shares of the stock in a transaction on Wednesday, October 21st. The stock was sold at an average price of $101.40, for a total transaction of $5,162,476.80. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 stock in a transaction on Monday, October 5th. The stock was sold at an average price of $113.71, for a total value of $1,137,100.00. Following the completion of the sale, the insider owned 499,943 shares in the company, valued at $56,848,518.53. This trade represents a 1.96% 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. Over the last quarter, insiders have sold 1,091,347 shares of company stock valued at $128,447,880. 13.48% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Robinhood Markets

A number of institutional investors and hedge funds have recently made changes to their positions in HOOD. Bank of New York Mellon Corp purchased a new stake in shares of Robinhood Markets in the second quarter worth $379,695,000. Amundi raised its position in Robinhood Markets by 89.0% during the first quarter. Amundi now owns 6,385,232 shares of the company’s stock valued at $442,497,000 after purchasing an additional 3,007,103 shares in the last quarter. Renaissance Technologies LLC raised its position in Robinhood Markets by 48.6% during the first quarter. Renaissance Technologies LLC now owns 5,104,137 shares of the company’s stock valued at $353,717,000 after purchasing an additional 1,668,400 shares in the last quarter. Hound Partners LLC purchased a new stake in Robinhood Markets during the first quarter valued at about $73,150,000. Finally, Amova Asset Management Americas Inc. raised its position in Robinhood Markets by 15.0% during the first quarter. Amova Asset Management Americas Inc. now owns 5,240,796 shares of the company’s stock valued at $362,925,000 after purchasing an additional 685,041 shares in 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: Robinhood reported record quarterly revenue of approximately $1.42 billion, up about 12% year over year. Adjusted earnings of $0.60 per share exceeded the $0.56 consensus estimate. Robinhood: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Underlying growth remained strong: trailing 12-month net deposits reached $71 billion, quarterly net deposits were $16 billion, platform assets rose 19% to $396 billion, and Robinhood Gold subscribers reached a record 5.2 million.
• Positive Sentiment: Prediction markets and other newer offerings are gaining traction. Event-contract volume reached a record 16.4 billion contracts, while transaction-based businesses and options helped offset some crypto weakness. Bernstein believes prediction markets could become a $1.7 billion revenue business by 2028. Robinhood to rally on prediction markets and new offerings
• Positive Sentiment: Several analysts maintained positive ratings despite reducing price targets. Citizens JMP reaffirmed an outperform rating with a $165 target, while KeyCorp, Truist, Needham and others retained overweight or buy ratings. A new Ripple partnership could also expand Robinhood’s stablecoin, institutional-trading and treasury-management capabilities. Ripple strikes deal with Robinhood
• Neutral Sentiment: Robinhood said it now has 14 business lines generating at least $100 million in annualized revenue, supporting its strategy of becoming a broader financial-services platform. However, management did not provide a 2026 outlook for total operating expenses, limiting visibility into future margins.
• Negative Sentiment: Crypto revenue fell 55% year over year to about $120 million as subdued digital-asset markets reduced trading activity. Interest income and tighter trading spreads also weighed on results.
• Negative Sentiment: Diluted EPS declined 16% year over year to $0.51 and was below some Wall Street estimates, while reported revenue was slightly below the approximately $1.44 billion consensus. Rising costs further pressured profitability. Robinhood shares fall as crypto markets chill drives profit miss
• Negative Sentiment: The Ohio Casino Control Commission issued a cease-and-desist letter demanding that Robinhood stop offering sports-related event contracts in the state, raising regulatory risks for a key growth initiative. Continued insider selling has added to investor concerns.

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.