Robinhood Markets (NASDAQ:HOOD) Cut to Strong Sell at Wall Street Zen

Wall Street Zen downgraded shares of Robinhood Markets (NASDAQ:HOOD) from a hold rating to a strong sell rating in a report released on Sunday,Wall Street Zen reports.

Several other analysts have also weighed in on HOOD. Mizuho lifted their price objective on shares of Robinhood Markets from $130.00 to $140.00 and gave the company an “outperform” rating in a research note on Wednesday, September 9th. Jefferies Financial Group increased their target price on shares of Robinhood Markets from $127.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, September 8th. Truist Financial reduced their price target on shares of Robinhood Markets from $125.00 to $123.00 and set a “buy” rating for the company in a report on Friday. Needham & Company LLC decreased their price target on shares of Robinhood Markets from $126.00 to $116.00 and set a “buy” rating for the company in a research note on Wednesday, October 28th. Finally, Piper Sandler reiterated an “overweight” rating and set a $145.00 price objective (up from $135.00) on shares of Robinhood Markets in a report on Wednesday, September 2nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $126.45.

Robinhood Markets Trading Up 2.2%

NASDAQ HOOD opened at $85.68 on Friday. The business has a 50 day simple moving average of $107.65 and a 200 day simple moving average of $92.69. Robinhood Markets has a one year low of $63.51 and a one year high of $144.77. The stock has a market capitalization of $77.03 billion, a P/E ratio of 39.48, a P/E/G ratio of 1.82 and a beta of 2.56. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.24 and a quick ratio of 1.24.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.04. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.44 billion. Robinhood Markets had a return on equity of 21.49% and a net margin of 39.04%. The company’s revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.61 earnings per share. Research analysts expect that Robinhood Markets will post 2.11 earnings per share for the current year.

Insider Activity at Robinhood Markets

In other Robinhood Markets news, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $113.72, for a total transaction of $42,645,000.00. Following the completion of the transaction, the chief executive officer owned 375,000 shares in the company, valued at approximately $42,645,000. The trade was a 50.00% 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, Director Oluwadara Treseder sold 1,875 shares of the business’s stock in a transaction that occurred 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 directly owned 70,567 shares of the company’s stock, valued at $8,820,875. This represents a 2.59% 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. Insiders sold a total of 1,081,347 shares of company stock valued at $127,543,680 over the last quarter. 13.48% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Crossmark Global Holdings Inc. grew its stake in shares of Robinhood Markets by 0.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 27,405 shares of the company’s stock worth $3,083,000 after acquiring an additional 102 shares during the period. Lake Street Private Wealth LLC raised its stake in Robinhood Markets by 0.3% in the 3rd quarter. Lake Street Private Wealth LLC now owns 43,899 shares of the company’s stock valued at $4,939,000 after acquiring an additional 114 shares during the period. Parkside Financial Bank & Trust raised its stake in Robinhood Markets by 11.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,089 shares of the company’s stock valued at $109,000 after acquiring an additional 116 shares during the period. Root Financial Partners LLC raised its stake in Robinhood Markets by 5.4% in the 3rd quarter. Root Financial Partners LLC now owns 2,510 shares of the company’s stock valued at $282,000 after acquiring an additional 129 shares during the period. Finally, Brookstone Capital Management lifted its holdings in Robinhood Markets by 2.5% during the third quarter. Brookstone Capital Management now owns 5,230 shares of the company’s stock valued at $588,000 after purchasing an additional 129 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.

More Robinhood Markets News

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

• Positive Sentiment: Goldman Sachs said the Binance hack could prompt a flight to safety that benefits regulated firms, including Robinhood. That may give HOOD a relative advantage as investors reassess crypto-related risks. Goldman Sachs names stock winners and losers after $6.3 bln Binance heist
• Positive Sentiment: Robinhood is seeking a larger retail allocation in the planned Anthropic IPO. Broader access to high-profile offerings could help attract and engage customers, although the allocation is not guaranteed. Robinhood Pushes for Bigger Retail Share of Anthropic IPO as Allocations Grow
• Positive Sentiment: Analysts remain broadly bullish despite recent underperformance, citing robust deposits and subscriber growth. Bank Julius Baer also reported increasing its HOOD position, though the filing is a limited indicator of broader institutional sentiment. Robinhood Markets Stock: Is Wall Street Bullish or Bearish? Bank Julius Baer position report
• Neutral Sentiment: Cantor Fitzgerald cut its price target from $150 to $120 but kept an “overweight” rating, reflecting a more cautious valuation view while retaining an overall positive stance. Cantor Fitzgerald ratings
• Negative Sentiment: Robinhood has lagged the broader market, and recent growth was described as modest; analysts also see earnings pressures. These concerns could temper enthusiasm even as the business expands beyond crypto trading. Robinhood Stock: Should Investors Buy the Post-Earnings Dip?

About Robinhood Markets

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.