Robinhood Markets (NASDAQ:HOOD) Stock Keeps “Market Outperform” Rating at Citizens Jmp

Robinhood Markets (NASDAQ:HOOD)‘s stock had its “market outperform” rating reiterated by investment analysts at Citizens Jmp in a research note issued to investors on Wednesday, Benzinga reports. They currently have a $165.00 price target on the stock. Citizens Jmp‘s target price suggests a potential upside of 74.49% from the company’s previous close.

Other analysts have also recently issued reports about the company. China Renaissance initiated coverage on Robinhood Markets in a research report on Tuesday, July 7th. They set a “buy” rating and a $156.80 price objective on the stock. Piper Sandler restated an “overweight” rating and set a $145.00 price objective (up from $135.00) on shares of Robinhood Markets in a research report on Wednesday, September 2nd. Barclays boosted their price objective on Robinhood Markets from $105.00 to $132.00 and gave the company an “overweight” rating in a research report on Wednesday, October 7th. KeyCorp boosted their price objective on Robinhood Markets from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, September 30th. Finally, Evercore initiated coverage on Robinhood Markets in a research report on Monday, October 12th. They set an “outperform” rating and a $130.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Robinhood Markets currently has an average rating of “Moderate Buy” and an average price target of $129.17.

Robinhood Markets Stock Up 1.9%

Shares of NASDAQ HOOD opened at $94.56 on Wednesday. The business’s 50 day moving average is $108.78 and its two-hundred day moving average is $93.44. The company has a market cap of $85.02 billion, a P/E ratio of 41.66 and a beta of 2.35. Robinhood Markets has a 12 month low of $63.51 and a 12 month high of $150.47.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.56 by $0.04. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.44 billion. The business’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.61 earnings per share. Sell-side analysts expect that Robinhood Markets will post 2.19 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Oluwadara Treseder sold 1,875 shares of the business’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total value of $234,375.00. Following the sale, the director owned 70,567 shares of the company’s stock, valued at $8,820,875. The trade was a 2.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, 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, October 5th. The shares were sold at an average price of $113.71, for a total value of $1,137,100.00. Following the completion of the sale, the insider directly owned 499,943 shares in the company, valued at approximately $56,848,518.53. This represents a 1.96% 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. Insiders have sold 1,091,347 shares of company stock worth $128,447,880 over the last quarter. Corporate insiders own 13.48% of the company’s stock.

Institutional Trading of Robinhood Markets

Several institutional investors have recently bought and sold shares of the stock. Sumitomo Mitsui Trust Group Inc. boosted its stake in Robinhood Markets by 10.2% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,812,999 shares of the company’s stock valued at $472,141,000 after buying an additional 632,403 shares in the last quarter. Amundi boosted its stake in Robinhood Markets by 89.0% in the 1st quarter. Amundi now owns 6,385,232 shares of the company’s stock valued at $442,497,000 after buying an additional 3,007,103 shares in the last quarter. Amova Asset Management Americas Inc. boosted its stake in Robinhood Markets by 15.0% in the 1st quarter. Amova Asset Management Americas Inc. now owns 5,240,796 shares of the company’s stock valued at $362,925,000 after buying an additional 685,041 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Robinhood Markets by 48.6% in the 1st quarter. Renaissance Technologies LLC now owns 5,104,137 shares of the company’s stock valued at $353,717,000 after buying an additional 1,668,400 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in Robinhood Markets in the 2nd quarter valued at $379,695,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Robinhood Markets News Summary

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

• Positive Sentiment: Robinhood reported record third-quarter revenue of approximately $1.42 billion, up about 12% year over year. Net deposits reached $16 billion, platform assets rose 19% to $396 billion, and Robinhood Gold subscribers increased to a record 5.2 million. Robinhood Reports Third Quarter 2026 Results
• Positive Sentiment: Event contracts, options and other products helped offset the crypto slowdown. Event-contract activity reached a record 16.4 billion contracts, while the company said it now has 14 business lines generating at least $100 million in annualized revenue. Robinhood quarterly revenue rises 12%
• Positive Sentiment: The partnership with Ripple to expand RLUSD could support Robinhood’s stablecoin, institutional trading and treasury-management ambitions, adding potential growth beyond retail crypto trading. Ripple strikes deal with Robinhood
• Neutral Sentiment: Adjusted EPS of $0.60 exceeded the $0.56 consensus estimate, but reported diluted EPS fell 16% year over year to $0.51. The mixed earnings metrics have made investor sentiment dependent on the quality and durability of revenue growth. Robinhood Q3 Earnings Surpass Estimates
• Negative Sentiment: Crypto revenue dropped 55% from a year earlier to about $120 million as subdued crypto markets reduced trading activity. Rising costs and the slight revenue shortfall versus Wall Street expectations further pressured the earnings reaction. Robinhood shares fall as crypto markets chill drives profit miss
• Negative Sentiment: Reports of substantial insider selling added pressure, while the stock’s move below its 200-day moving average near $93.44 represents a potentially negative technical signal for momentum-focused investors. Robinhood Q3 2026 Earnings and Insider Trading Activity

Robinhood Markets Company Profile

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.