Brokerages Set Robinhood Markets, Inc. (NASDAQ:HOOD) Price Target at $107.88

Shares of Robinhood Markets, Inc. (NASDAQ:HOOD) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-five research firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and eighteen have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $106.3750.

Several equities research analysts have recently weighed in on the company. Needham & Company LLC reduced their price objective on Robinhood Markets from $95.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Compass Point reiterated a “buy” rating on shares of Robinhood Markets in a research note on Wednesday, February 11th. Barclays dropped their price objective on Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Argus dropped their price objective on Robinhood Markets from $102.00 to $90.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Finally, Wall Street Zen lowered Robinhood Markets from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th.

Robinhood Markets Stock Up 2.9%

Shares of HOOD stock opened at $76.23 on Thursday. Robinhood Markets has a 12 month low of $62.92 and a 12 month high of $153.86. The business’s 50 day moving average is $76.09 and its two-hundred day moving average is $94.83. The company has a market cap of $68.65 billion, a PE ratio of 36.83, a price-to-earnings-growth ratio of 2.25 and a beta of 2.29.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the business earned $0.37 EPS. The company’s revenue for the quarter was up 15.1% on a year-over-year basis. As a group, equities analysts expect that Robinhood Markets will post 1.88 EPS for the current fiscal year.

Insider Activity

In other Robinhood Markets news, Director Baiju Bhatt sold 67,422 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $75.38, for a total transaction of $5,082,270.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $69.85, for a total value of $407,574.75. Following the completion of the sale, the chief technology officer owned 18,006 shares of the company’s stock, valued at approximately $1,257,719.10. This trade represents a 24.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 560,765 shares of company stock valued at $40,946,840. 14.47% of the stock is owned by company insiders.

Institutional Trading of Robinhood Markets

Hedge funds and other institutional investors have recently made changes to their positions in the business. Caisse Des Depots ET Consignations acquired a new position in shares of Robinhood Markets during the 3rd quarter worth approximately $3,984,000. Aberdeen Group plc increased its position in shares of Robinhood Markets by 565.1% during the 3rd quarter. Aberdeen Group plc now owns 185,538 shares of the company’s stock worth $26,565,000 after purchasing an additional 157,643 shares during the last quarter. Jennison Associates LLC acquired a new position in shares of Robinhood Markets during the 3rd quarter worth approximately $322,823,000. NEOS Investment Management LLC acquired a new position in shares of Robinhood Markets during the 3rd quarter worth approximately $11,994,000. Finally, New York Life Investment Management LLC acquired a new position in shares of Robinhood Markets during the 3rd quarter worth approximately $14,989,000. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Robinhood Markets News Roundup

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

• Positive Sentiment: Robinhood launched tools that allow AI agents to trade stocks on behalf of users, which could increase platform usage and attract tech-savvy retail traders. Reuters article
• Positive Sentiment: The company also extended AI-agent functionality to credit card purchases, broadening the product ecosystem and highlighting a possible first-mover advantage in “agentic” finance. CNBC article
• Positive Sentiment: Media coverage framed the launch as a major step in AI-driven consumer finance, reinforcing bullish sentiment around Robinhood’s ability to innovate and capture new users. TechCrunch article
• Neutral Sentiment: Robinhood also drew attention for its role in the new Trump Accounts mobile app, but this appears more like a separate product/partnership headline than a direct near-term stock catalyst. Fox Business article
• Neutral Sentiment: Analyst commentary and comparison pieces kept Robinhood in the spotlight, but the main trading driver today appears to be the AI-agent announcement rather than a fundamentals update. Zacks article

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.