Zacks Research Upgrades Robinhood Markets (NASDAQ:HOOD) to Hold

Robinhood Markets (NASDAQ:HOOD) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Other analysts also recently issued research reports about the company. Weiss Ratings reissued a “hold (c)” rating on shares of Robinhood Markets in a research note on Friday, March 27th. Wolfe Research raised Robinhood Markets from a “peer perform” rating to an “outperform” rating and set a $125.00 target price on the stock in a research note on Monday, February 9th. Citizens Jmp reissued a “market outperform” rating and set a $155.00 target price on shares of Robinhood Markets in a research note on Thursday, May 28th. Barclays cut their price target on Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Finally, Loop Capital set a $94.00 price target on Robinhood Markets in a report on Wednesday, May 27th. Eighteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $110.18.

Robinhood Markets Trading Down 1.5%

Shares of HOOD opened at $83.77 on Monday. The business’s 50 day moving average is $78.74 and its 200 day moving average is $92.42. The company has a market capitalization of $75.44 billion, a PE ratio of 40.47, a price-to-earnings-growth ratio of 2.53 and a beta of 2.35. Robinhood Markets has a 12-month low of $63.51 and a 12-month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.01). The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.14 billion. Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The firm’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period last year, the business posted $0.37 EPS. Equities research analysts predict that Robinhood Markets will post 1.86 earnings per share for the current year.

Insider Buying and Selling at Robinhood Markets

In other news, Director Baiju Bhatt sold 67,422 shares of Robinhood Markets stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $75.38, for a total value of $5,082,270.36. The sale was disclosed in a legal filing 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 10,837 shares of Robinhood Markets stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $85.91, for a total value of $931,006.67. Following the completion of the transaction, the insider owned 81,989 shares of the company’s stock, valued at approximately $7,043,674.99. This trade represents a 11.67% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have bought 680,000 shares of company stock worth $55,306,560 and have sold 571,602 shares worth $41,959,746. 19.95% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Robinhood Markets

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Rathbones Group PLC boosted its holdings in shares of Robinhood Markets by 3.3% in the 1st quarter. Rathbones Group PLC now owns 5,129 shares of the company’s stock worth $355,000 after purchasing an additional 165 shares during the period. Glenmede Trust Co. NA boosted its holdings in shares of Robinhood Markets by 22.5% in the 1st quarter. Glenmede Trust Co. NA now owns 10,426 shares of the company’s stock worth $723,000 after purchasing an additional 1,914 shares during the period. Summitry LLC purchased a new position in shares of Robinhood Markets in the 1st quarter worth approximately $432,000. Groupama Asset Managment purchased a new position in shares of Robinhood Markets in the 1st quarter worth approximately $260,000. Finally, J. Derek Lewis & Associates Inc. purchased a new position in shares of Robinhood Markets in the 1st quarter worth approximately $218,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: CEO Vlad Tenev said Robinhood Securities has been approved to serve as an underwriter, which could expand Robinhood’s role in IPOs and create a new growth avenue beyond its core brokerage business. Robinhood CEO Says His Company Gets Green Light to Underwrite IPOs
• Positive Sentiment: Analysts are raising their outlook on Robinhood as they see more value in the company’s prediction-markets business, suggesting Wall Street may be underestimating a fast-growing revenue stream. Cantor Raises Robinhood Target On Prediction-Markets Venture It Says Wall Street Hasn’t Priced In
• Positive Sentiment: Robinhood reported May 2026 operating data, keeping investors focused on monthly business momentum and usage trends. Robinhood Markets, Inc. Reports May 2026 Operating Data
• Positive Sentiment: Director Meyer Malka bought 250,000 shares in an insider purchase worth about $20.2 million, a sign of confidence from a major company insider. Insider Trade: Meyer Malka Purchases Shares
• Neutral Sentiment: Several articles discussed Robinhood as a trending or heavily watched stock, but they did not add new fundamental information that clearly changes the investment outlook. Is Trending Stock Robinhood Markets, Inc. (HOOD) a Buy Now?
• Negative Sentiment: Coverage also pointed to weakness in Robinhood’s crypto business and recent bearish commentary, which may be weighing on sentiment despite the new growth initiatives. Bear of the Day: Robinhood Markets (HOOD)
• Negative Sentiment: There were also reports of insider selling earlier in the period, which can create some caution even when offset by newer insider buying. Insider Selling: Robinhood Markets (NASDAQ:HOOD) Insider Sells $836,800.00 in 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.