Robinhood Markets (NASDAQ:HOOD) Shares Up 4.3% – Still a Buy?

Robinhood Markets, Inc. (NASDAQ:HOOD)’s stock price traded up 4.3% on Monday . The company traded as high as $118.65 and last traded at $117.55. Approximately 25,408,260 shares were traded during trading, a decline of 17% from the average session volume of 30,466,803 shares. The stock had previously closed at $112.73.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Goldman Sachs raised its price target on Robinhood after a record trading surge, signaling Wall Street sees more upside from the company’s expanding platform and revenue opportunities. Goldman Sachs raises Robinhood stock price target after record trading surge
• Positive Sentiment: Robinhood’s London keynote and related reports showed a major global growth push into Robinhood Chain, stock tokens, DeFi lending, perpetual futures, and AI trading tools, which could broaden engagement and monetization. HOOD Bets on DeFi, Tokenization & AI Trading in Global Expansion Push
• Positive Sentiment: Analysts and media reports say Robinhood’s business momentum may be outrunning earnings estimates, raising the chance of a Q2 beat and future estimate revisions if banking and prediction-market initiatives scale quickly. Why Robinhood’s Business Momentum May Be Outrunning Earnings Estimates
• Positive Sentiment: Robinhood is also being viewed as a beneficiary of the shift from crowded AI trades, with investors rotating into names that still have strong fundamentals and analyst upside. AI Is Selling Off, But These 5 Stocks Could Benefit Next (HOOD)
• Neutral Sentiment: Attention is also centered on the upcoming Q2 2026 earnings report, with investors watching for confirmation that recent product launches and trading growth are translating into stronger financial results. Robinhood Markets’ Q2 2026 Earnings: What to Expect
• Neutral Sentiment: CEO comments on Trump Accounts and crypto-related headlines may help highlight Robinhood’s role in new investing products, but the immediate stock impact is less clear than the company’s core expansion and earnings narrative. Robinhood CEO on Trump Accounts: We do generate revenue from this

Analysts Set New Price Targets

Several brokerages have weighed in on HOOD. KeyCorp restated an “overweight” rating and set a $100.00 target price on shares of Robinhood Markets in a research report on Monday, June 1st. Zacks Research upgraded Robinhood Markets from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. The Goldman Sachs Group lifted their price objective on Robinhood Markets from $108.00 to $121.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Morgan Stanley dropped their price target on Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating for the company in a research report on Friday, April 10th. Finally, Wall Street Zen raised Robinhood Markets from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 13th. Twenty investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $115.00.

Robinhood Markets Trading Up 4.3%

The business has a 50 day simple moving average of $87.70 and a 200-day simple moving average of $89.43. The stock has a market capitalization of $105.85 billion, a price-to-earnings ratio of 56.79, a price-to-earnings-growth ratio of 2.53 and a beta of 2.33.

Robinhood Markets (NASDAQ:HOOD) last announced its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The firm’s revenue was up 15.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.37 earnings per share. Research analysts predict that Robinhood Markets, Inc. will post 1.81 EPS for the current year.

Insider Activity

In other Robinhood Markets news, Director Meyer Malka purchased 250,000 shares of the 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 acquisition, the director owned 3,924,427 shares of the company’s stock, valued at approximately $316,858,235.98. This trade represents a 6.80% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Steven M. Quirk sold 10,837 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $85.91, for a total transaction of $931,006.67. Following the completion of the sale, the insider directly owned 81,989 shares of the company’s stock, valued at $7,043,674.99. The trade was a 11.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have purchased 680,000 shares of company stock worth $55,306,560 and have sold 242,649 shares worth $20,250,598. Insiders own 14.47% of the company’s stock.

Institutional Investors Weigh In On Robinhood Markets

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC boosted its position in shares of Robinhood Markets by 15.0% during the 2nd quarter. Stonebridge Financial Group LLC now owns 5,517 shares of the company’s stock valued at $553,000 after purchasing an additional 719 shares in the last quarter. Meadowbrook Wealth Management LLC lifted its stake in Robinhood Markets by 11.1% during the second quarter. Meadowbrook Wealth Management LLC now owns 16,882 shares of the company’s stock valued at $1,834,000 after purchasing an additional 1,692 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in Robinhood Markets by 32.3% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 2,184 shares of the company’s stock valued at $219,000 after purchasing an additional 533 shares during the last quarter. Hilltop National Bank boosted its holdings in Robinhood Markets by 98.5% during the second quarter. Hilltop National Bank now owns 2,158 shares of the company’s stock worth $216,000 after buying an additional 1,071 shares in the last quarter. Finally, CX Institutional grew its position in Robinhood Markets by 82.7% in the second quarter. CX Institutional now owns 6,319 shares of the company’s stock worth $634,000 after buying an additional 2,861 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.

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.