Robinhood Markets (NASDAQ:HOOD) Given New $92.00 Price Target at JPMorgan Chase & Co.

Robinhood Markets (NASDAQ:HOOD) had its price objective cut by stock analysts at JPMorgan Chase & Co. from $113.00 to $92.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 10.06% from the stock’s previous close.

HOOD has been the topic of several other reports. Truist Financial decreased their price objective on shares of Robinhood Markets from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Wall Street Zen downgraded shares of Robinhood Markets from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Cantor Fitzgerald increased their price objective on shares of Robinhood Markets from $95.00 to $110.00 and gave the company an “overweight” rating in a report on Tuesday. Needham & Company LLC decreased their price objective on shares of Robinhood Markets from $100.00 to $90.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Finally, Barclays decreased their price objective on shares of Robinhood Markets from $124.00 to $89.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. Eighteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Robinhood Markets presently has a consensus rating of “Moderate Buy” and a consensus target price of $111.08.

Robinhood Markets Price Performance

HOOD stock traded down $4.84 during midday trading on Thursday, hitting $83.59. 26,285,924 shares of the stock traded hands, compared to its average volume of 30,419,383. The firm has a market cap of $75.26 billion, a P/E ratio of 40.46, a PEG ratio of 2.57 and a beta of 2.46. Robinhood Markets has a 1-year low of $44.96 and a 1-year high of $153.86. The stock’s fifty day simple moving average is $75.64 and its 200-day simple moving average is $105.11.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.03. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The company’s revenue was up 26.5% compared to the same quarter last year. During the same period last year, the firm posted $1.01 earnings per share. On average, research analysts predict that Robinhood Markets will post 1.97 earnings per share for the current year.

Insider Activity

In other news, Director Baiju Bhatt sold 57,261 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $86.38, for a total transaction of $4,946,205.18. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 business’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $69.85, for a total transaction of $698,500.00. Following the transaction, the insider directly owned 442,849 shares in the company, valued at approximately $30,933,002.65. The trade was a 2.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 540,476 shares of company stock valued at $40,299,967 over the last quarter. 14.47% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in Robinhood Markets by 24.9% in the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock valued at $13,521,497,000 after acquiring an additional 18,824,923 shares in the last quarter. State Street Corp increased its stake in Robinhood Markets by 103.2% during the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock valued at $4,617,004,000 after purchasing an additional 16,375,734 shares during the last quarter. Norges Bank bought a new stake in Robinhood Markets during the fourth quarter valued at $1,202,160,000. Corient Private Wealth LLC increased its stake in Robinhood Markets by 5,221.4% during the fourth quarter. Corient Private Wealth LLC now owns 2,559,848 shares of the company’s stock valued at $289,519,000 after purchasing an additional 2,511,743 shares during the last quarter. Finally, Jennison Associates LLC bought a new stake in Robinhood Markets during the third quarter valued at $322,823,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Key Robinhood Markets News

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

• Positive Sentiment: Robinhood Ventures closed a $75M investment in OpenAI, giving retail investors indirect exposure and strengthening HOOD’s AI/private-market growth story. Robinhood’s venture fund invests $75 million in OpenAI
• Positive Sentiment: Several sell‑side firms are bullish: Cantor Fitzgerald and Mizuho have published strong outlooks/price-target commentary, and Bernstein reiterated an Outperform/$130 target — these endorsements support upside expectations. Cantor Fitzgerald Forecasts Strong Price Appreciation for Robinhood Markets (NASDAQ:HOOD) Stock
• Neutral Sentiment: Zacks previews and Wall Street metric notes ahead of Q1 provide areas to watch beyond revenue/EPS (crypto volumes, options/clearing revenue, active users, DARTs) — these details will shape post‑earnings guidance reaction. Robinhood’s Q1 Earnings Preview: Buy the Dip or Maintain Caution?
• Neutral Sentiment: More granular Zacks coverage digs into analyst estimates for key metrics (crypto mix, transaction revenue, monetization of new products) that investors should compare with management’s guidance. Stay Ahead of the Game With Robinhood Markets (HOOD) Q1 Earnings: Wall Street’s Insights on Key Metrics
• Negative Sentiment: Insider selling was reported and has been cited as a driver of intraday weakness, raising short‑term investor caution. Robinhood Markets (NASDAQ:HOOD) Stock Price Down 5.3% on Insider Selling
• Negative Sentiment: Some brokers lowered estimates/targets (KeyCorp/KeyBanc commentary cited), which pressures sentiment ahead of earnings. KeyCorp Has Lowered Expectations for Robinhood Markets (NASDAQ:HOOD) Stock Price
• Negative Sentiment: KeyBanc cut its price target citing crypto-related estimate reductions; such calls can amplify short-term selling. Why Robinhood (HOOD) Shares Are Trading Lower Today

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.