Robinhood Markets (NASDAQ:HOOD) Shares Down 1.1% on Analyst Downgrade

Robinhood Markets, Inc. (NASDAQ:HOOD)’s share price fell 1.1% on Tuesday after KeyCorp lowered their price target on the stock from $160.00 to $130.00. KeyCorp currently has an overweight rating on the stock. Robinhood Markets traded as low as $85.21 and last traded at $85.60. 37,135,207 shares changed hands during trading, an increase of 29% from the average session volume of 28,678,525 shares. The stock had previously closed at $86.56.

Several other brokerages have also commented on HOOD. Bank of America dropped their price target on Robinhood Markets from $166.00 to $154.00 and set a “buy” rating for the company in a research note on Wednesday, December 10th. Mizuho lifted their price target on shares of Robinhood Markets from $145.00 to $172.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Dbs Bank upgraded shares of Robinhood Markets to a “moderate buy” rating in a research note on Wednesday, November 12th. Argus assumed coverage on Robinhood Markets in a research report on Friday, January 9th. They issued a “buy” rating and a $145.00 price objective on the stock. Finally, Loop Capital set a $152.00 price objective on shares of Robinhood Markets in a research report on Thursday, December 11th. Seventeen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $131.82.

Insider Buying and Selling

In other Robinhood Markets news, insider Steven M. Quirk sold 52,540 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $87.81, for a total transaction of $4,613,537.40. Following the sale, the insider owned 27,564 shares in the company, valued at approximately $2,420,394.84. The trade was a 65.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Vladimir Tenev sold 375,000 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $121.63, for a total transaction of $45,611,250.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,537,615 shares of company stock worth $182,272,702. Company insiders own 19.95% of the company’s stock.

Key Robinhood Markets News

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

• Positive Sentiment: Wolfe Research upgraded HOOD to “outperform” and raised its price target to $125, signaling ~45% upside vs. current levels and supporting bullish analyst momentum. Wolfe Research upgrades Robinhood to $125 price target: 50% potential upside
• Positive Sentiment: Cantor Fitzgerald reaffirmed an “overweight” rating with a $130 target, and other firms have kept constructive stances — collective analyst support is propping sentiment into earnings. Benzinga
• Positive Sentiment: Robinhood is seeing Dogecoin inflows as Ark Invest builds a long-term position, which could boost crypto trading revenue if the trend continues. Robinhood Sees Dogecoin Inflows As Ark Invest Builds Long Term Position
• Neutral Sentiment: Analysts have issued a flurry of estimate revisions ahead of the Q4 call; consensus remains generally constructive (average rating ~”moderate buy”), but revisions increase event risk. Robinhood Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Neutral Sentiment: Investors expect a sizable post-earnings move — models show HOOD could swing materially after the report, increasing short-term volatility. Position sizes should reflect that risk. Here’s How Much Robinhood Stock Is Expected to Move After Earnings
• Neutral Sentiment: HOOD appears on a Zacks/top-software list, reflecting continued interest from growth/software investors but also exposure to the broader tech/software selloff. 5 Top Software Stocks Investors Can Buy Now (APP, PLTR, HOOD, CRM, NOW)
• Negative Sentiment: Media commentary (Jim Cramer) warned HOOD may be “the repository of something that’s become toxic,” citing investor unease over the stock’s close correlation with Bitcoin — that narrative can amplify downside if crypto weakens. Jim Cramer Says “Robinhood May Be the Repository of Something That’s Become Toxic”

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Greenwich Wealth Management LLC acquired a new stake in Robinhood Markets during the fourth quarter worth $5,533,000. Dynasty Wealth Management LLC acquired a new position in Robinhood Markets in the fourth quarter valued at about $226,000. AXQ Capital LP acquired a new position in Robinhood Markets during the 4th quarter worth about $568,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Robinhood Markets in the 4th quarter valued at $506,000. Finally, MKP Capital Management L.L.C. bought a new stake in shares of Robinhood Markets during the 4th quarter valued at $22,620,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Robinhood Markets Trading Down 1.1%

The firm has a market cap of $76.97 billion, a P/E ratio of 35.52, a price-to-earnings-growth ratio of 1.30 and a beta of 2.44. The firm’s 50 day moving average is $113.25 and its two-hundred day moving average is $119.11.

Robinhood Markets (NASDAQ:HOOD) last released its earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.08. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Robinhood Markets had a return on equity of 21.74% and a net margin of 52.19%. Analysts predict that Robinhood Markets, Inc. will post 1.35 EPS for the current fiscal year.

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.