Robinhood Markets (NASDAQ:HOOD) Shares Up 3.6% – Time to Buy?

Robinhood Markets, Inc. (NASDAQ:HOOD) shares rose 3.6% during mid-day trading on Friday . The stock traded as high as $122.96 and last traded at $121.35. Approximately 27,401,927 shares were traded during trading, a decline of 30% from the average daily volume of 38,990,176 shares. The stock had previously closed at $117.16.

More Robinhood Markets News

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

• Positive Sentiment: Truist upgraded/initiated coverage and analysts are publicly bullish on Robinhood’s growth trajectory, citing the firm’s product moves and monetization path — a catalyst for buying interest. Truist upgrade / bull case
• Positive Sentiment: Robinhood is aggressively expanding prediction-market and sports‑betting features (NFL combos, player-contract markets) — a strategic push to create new, high‑engagement revenue streams that investors view as growth levers. Robinhood expands services tied to prediction markets
• Positive Sentiment: Coverage and feature pieces (Barron’s, CNBC, Yahoo) highlight Robinhood’s large-scale bet on sports/prediction markets as a potential multi‑billion revenue opportunity — supporting the bullish narrative. Barron’s: Robinhood Goes Big on Sports Betting
• Neutral Sentiment: WonderFi and Robinhood agreed to extend the outside date for the proposed WonderFi acquisition to June 1, 2026 — keeps the deal alive and gives more time for regulatory/closing logistics, but delays expected synergies. WonderFi extension announcement
• Neutral Sentiment: Analyst and media pieces are digging into whether prediction markets will meaningfully move revenue and valuation — constructive attention but still speculative on monetization timelines. Investing.com analysis on prediction markets
• Neutral Sentiment: Industry reports (Barclays/Zacks coverage mentions) frame Robinhood as a beneficiary of a positive outlook for wealth brokers and alternative asset managers next year — supportive macro context but not an immediate company-specific catalyst. Zacks: HOOD market performance
• Negative Sentiment: Political scrutiny over AI investing and exposure to private AI companies (comments from Bernie Sanders and Robinhood’s CEO response) highlights regulatory/political risk that could constrain product expansion or marketing. Benzinga: CEO addresses AI concerns

Wall Street Analyst Weigh In

A number of brokerages have issued reports on HOOD. The Goldman Sachs Group upped their price target on shares of Robinhood Markets from $134.00 to $152.00 and gave the company a “buy” rating in a research note on Tuesday, September 30th. Piper Sandler restated an “overweight” rating on shares of Robinhood Markets in a research note on Wednesday, November 26th. Citigroup raised their price objective on Robinhood Markets from $120.00 to $135.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 23rd. Truist Financial assumed coverage on Robinhood Markets in a research report on Wednesday. They issued a “buy” rating and a $155.00 target price on the stock. Finally, Morgan Stanley raised their price target on shares of Robinhood Markets from $110.00 to $146.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Robinhood Markets presently has an average rating of “Moderate Buy” and an average target price of $137.25.

Robinhood Markets Price Performance

The stock has a fifty day simple moving average of $129.54 and a 200-day simple moving average of $113.17. The company has a market capitalization of $109.12 billion, a price-to-earnings ratio of 50.35, a P/E/G ratio of 2.33 and a beta of 2.43.

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

Insiders Place Their Bets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 120,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $132.13, for a total value of $15,855,600.00. Following the sale, the insider directly owned 430,012 shares of the company’s stock, valued at approximately $56,817,485.56. This trade represents a 21.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Jeffrey Tsvi Pinner sold 5,865 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $132.26, for a total value of $775,704.90. Following the transaction, the chief technology officer directly owned 26,725 shares of the company’s stock, valued at approximately $3,534,648.50. The trade was a 18.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,686,763 shares of company stock valued at $475,858,262 over the last quarter. Insiders own 14.47% of the company’s stock.

Hedge Funds Weigh In On Robinhood Markets

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. North Star Investment Management Corp. increased its stake in Robinhood Markets by 44.9% during the 3rd quarter. North Star Investment Management Corp. now owns 255 shares of the company’s stock worth $37,000 after buying an additional 79 shares in the last quarter. First Command Advisory Services Inc. lifted its holdings in Robinhood Markets by 33.8% in the 3rd quarter. First Command Advisory Services Inc. now owns 321 shares of the company’s stock valued at $46,000 after purchasing an additional 81 shares in the last quarter. CogentBlue Wealth Advisors LLC grew its holdings in shares of Robinhood Markets by 3.8% during the third quarter. CogentBlue Wealth Advisors LLC now owns 2,391 shares of the company’s stock worth $342,000 after buying an additional 87 shares in the last quarter. ORG Partners LLC raised its position in shares of Robinhood Markets by 5.5% in the third quarter. ORG Partners LLC now owns 1,876 shares of the company’s stock valued at $269,000 after buying an additional 97 shares during the last quarter. Finally, Golden State Wealth Management LLC lifted its stake in shares of Robinhood Markets by 107.6% in the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after buying an additional 99 shares in the last quarter. 93.27% of the stock is owned by hedge funds and other institutional investors.

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.