Robinhood Markets (NASDAQ:HOOD) Earns “Buy” Rating from BTIG Research

Robinhood Markets (NASDAQ:HOOD)‘s stock had its “buy” rating restated by research analysts at BTIG Research in a note issued to investors on Thursday,Benzinga reports. They presently have a $125.00 price target on the stock. BTIG Research’s price target points to a potential upside of 15.05% from the company’s previous close.

Several other analysts have also recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Robinhood Markets in a research report on Wednesday, June 24th. The Goldman Sachs Group raised their price target on Robinhood Markets from $108.00 to $121.00 and gave the stock a “buy” rating in a research report on Monday. Argus lifted their price objective on Robinhood Markets from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. Keefe, Bruyette & Woods dropped their price objective on Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a report on Wednesday, April 29th. Finally, Morgan Stanley cut their target price on Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, April 10th. Twenty equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $115.00.

Robinhood Markets Price Performance

Shares of NASDAQ:HOOD opened at $108.65 on Thursday. Robinhood Markets has a one year low of $63.51 and a one year high of $153.86. The company has a 50 day moving average of $86.69 and a 200-day moving average of $89.49. The stock has a market cap of $97.84 billion, a price-to-earnings ratio of 52.49, a P/E/G ratio of 2.36 and a beta of 2.33.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share 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 business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the prior year, the company earned $0.37 earnings per share. The company’s quarterly revenue was up 15.1% on a year-over-year basis. Equities research analysts anticipate that Robinhood Markets will post 1.81 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Meyer Malka purchased 250,000 shares of Robinhood Markets stock in a transaction dated Friday, June 5th. The shares were bought at an average cost of $80.74 per share, with a total value of $20,185,000.00. Following the completion of the transaction, the director directly owned 3,924,427 shares in the company, valued at $316,858,235.98. This trade represents a 6.80% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Baiju Bhatt sold 57,898 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $89.63, for a total transaction of $5,189,397.74. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders acquired 680,000 shares of company stock valued at $55,306,560 and sold 633,484 shares valued at $47,542,923. 14.47% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sound Income Strategies LLC increased its holdings in shares of Robinhood Markets by 152.6% in the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after acquiring an additional 145 shares in the last quarter. CYBER HORNET ETFs LLC grew its position in shares of Robinhood Markets by 527.8% in the 4th quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock valued at $26,000 after purchasing an additional 190 shares during the period. Elyxium Wealth LLC acquired a new position in shares of Robinhood Markets in the 4th quarter valued at approximately $27,000. MV Capital Management Inc. bought a new stake in Robinhood Markets during the 4th quarter worth approximately $27,000. Finally, Swiss RE Ltd. bought a new stake in Robinhood Markets during the 4th quarter worth approximately $27,000. 93.27% of the stock is currently owned by institutional investors.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Robinhood unveiled new AI-powered crypto trading tools for U.S. users, expanded perpetual futures trading in Europe, and outlined plans to enter new markets such as Canada, Singapore, and the U.K., reinforcing the company’s growth story. Robinhood stock jumps on AI crypto tools and global expansion plans
• Positive Sentiment: The company launched Robinhood Chain, a public Layer 2 blockchain designed for real-world assets, signaling a broader push into crypto infrastructure beyond brokerage services. Robinhood Launches Blockchain Designed for Real-World Assets
• Positive Sentiment: Robinhood CEO Vlad Tenev said agentic AI could eventually match human traders in capability, adding to the market’s view that Robinhood could benefit from AI-enabled investing tools. AI agents will have ‘capability’ of human traders, Robinhood CEO tells CNBC
• Positive Sentiment: Deutsche Bank raised its price target on Robinhood and kept a buy rating, which supports the bullish case after the recent rally. Robinhood Markets price target raised by Deutsche Bank
• Neutral Sentiment: Several market commentaries noted HOOD’s strong Q2 performance and ongoing debate over its “super app” strategy, but these pieces were largely descriptive rather than new catalysts. 3 Finance Stocks That Stole the Spotlight With Strong Q2 Gains
• Negative Sentiment: Recent earnings context still matters: Robinhood previously missed on EPS and revenue versus expectations, which may limit upside if investors shift focus back to fundamentals.

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.