Robinhood Markets (NASDAQ:HOOD) Stock Gets Price Target Cut from Barclays

Robinhood Markets (NASDAQ:HOOD) had its price objective trimmed by Barclays from $132.00 to $115.00 in a report published on Wednesday,Benzinga reports. The firm currently has an overweight rating on the stock.

Other equities analysts also recently issued research reports about the stock. Citigroup reissued a “market outperform” rating on shares of Robinhood Markets in a research note on Friday, October 9th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $160.00 price target on shares of Robinhood Markets in a research report on Tuesday, September 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Robinhood Markets in a report on Monday, September 21st. Wall Street Zen upgraded Robinhood Markets from a “sell” rating to a “hold” rating in a report on Saturday, October 24th. Finally, China Renaissance started coverage on Robinhood Markets in a report on Tuesday, July 7th. They issued a “buy” rating and a $156.80 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $127.39.

Robinhood Markets Price Performance

NASDAQ:HOOD opened at $84.99 on Wednesday. Robinhood Markets has a 52 week low of $63.51 and a 52 week high of $150.47. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.22 and a current ratio of 1.24. The firm’s 50-day simple moving average is $108.49 and its 200 day simple moving average is $93.04. The firm has a market cap of $76.41 billion, a price-to-earnings ratio of 39.17, a P/E/G ratio of 1.95 and a beta of 2.35.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.04. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.44 billion. Robinhood Markets had a net margin of 39.04% and a return on equity of 21.49%. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.61 EPS. As a group, sell-side analysts predict that Robinhood Markets will post 2.15 earnings per share for the current year.

Insider Activity

In other Robinhood Markets news, CFO Shiv Verma sold 11,472 shares of Robinhood Markets stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $110.42, for a total transaction of $1,266,738.24. Following the completion of the transaction, the chief financial officer owned 56,858 shares in the company, valued at approximately $6,278,260.36. The trade was a 16.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 24,416 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $120.33, for a total value of $2,937,977.28. Following the sale, the insider directly owned 77,839 shares of the company’s stock, valued at $9,366,366.87. This represents a 23.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,091,347 shares of company stock valued at $128,447,880. 13.48% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Robinhood Markets

Several institutional investors have recently bought and sold shares of the stock. Caldwell Trust Co grew its position in Robinhood Markets by 56.4% in the 3rd quarter. Caldwell Trust Co now owns 4,279 shares of the company’s stock worth $481,000 after purchasing an additional 1,543 shares during the period. 3Chopt Investment Partners LLC purchased a new position in shares of Robinhood Markets in the 3rd quarter worth $218,000. Compass Financial Management LLC increased its position in Robinhood Markets by 36.3% during the third quarter. Compass Financial Management LLC now owns 1,834 shares of the company’s stock valued at $206,000 after acquiring an additional 488 shares during the last quarter. Rakuten Investment Management Inc. lifted its holdings in Robinhood Markets by 9.7% in the third quarter. Rakuten Investment Management Inc. now owns 139,373 shares of the company’s stock valued at $16,198,000 after acquiring an additional 12,304 shares during the period. Finally, Provenance Wealth Advisors LLC bought a new position in Robinhood Markets in the third quarter valued at about $77,000. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets News Roundup

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

• Positive Sentiment: Diversification is gaining traction. Robinhood reported record third-quarter revenue of approximately $1.42 billion, while prediction-market activity, equities, options and margin trading remained strong. Management also highlighted expansion of its Agentic Trading suite, crypto offerings and broader financial “super app” strategy. Robinhood’s Diversification Push Gains Momentum in Q3
• Positive Sentiment: Prediction markets are a major growth opportunity. The business reportedly grew sevenfold year over year, with management arguing that prediction markets could become a significant long-term revenue stream as activity expands beyond sports. Why Robinhood Thinks We’re at the Beginning of a Prediction Market Supercycle
• Positive Sentiment: Some analysts remain bullish. BTIG, Rosenblatt and Citizens JMP reiterated positive ratings, reflecting confidence in Robinhood’s product expansion and longer-term growth potential. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Broader market pressure is adding volatility. A technology selloff and concerns about the sustainability of AI-related spending are weighing on high-growth and trading-platform stocks generally. Morning Call Sheet
• Negative Sentiment: Quarterly profitability disappointed investors. Although revenue reached a record, reports said adjusted EPS missed expectations, while GAAP net income and diluted EPS fell year over year. The contrast between strong top-line growth and weaker earnings raised concerns about operating performance and valuation. Why Wall Street Remains Bullish Despite the Decline
• Negative Sentiment: Crypto revenue fell sharply. Crypto revenue dropped 55% year over year amid a weaker crypto market, reducing a historically important source of transaction revenue. A record Binance theft also pressured crypto-related stocks across the sector. Crypto Stocks Fall After Binance Hack
• Negative Sentiment: Analysts lowered expectations. Wells Fargo, Goldman Sachs, JPMorgan, Barclays, KeyCorp, Scotiabank and Needham reduced price targets or forecasts, contributing to selling pressure. Barclays Cuts Robinhood Price Target

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.