Robinhood Markets (NASDAQ:HOOD) Now Covered by Analysts at Wells Fargo & Company

Equities researchers at Wells Fargo & Company assumed coverage on shares of Robinhood Markets (NASDAQ:HOOD) in a note issued to investors on Friday, Marketbeat reports. The brokerage set an “equal weight” rating and a $125.00 price target on the stock. Wells Fargo & Company‘s target price would indicate a potential upside of 7.96% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Cantor Fitzgerald restated an “overweight” rating on shares of Robinhood Markets in a report on Tuesday, September 15th. Argus boosted their price target on shares of Robinhood Markets from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, June 17th. Jefferies Financial Group lifted their target price on Robinhood Markets from $127.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, September 8th. Benchmark raised Robinhood Markets to a “strong-buy” rating in a research note on Wednesday, September 9th. Finally, Zacks Research raised shares of Robinhood Markets from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 3rd. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $132.50.

Robinhood Markets Stock Up 4.2%

Shares of HOOD stock traded up $4.63 on Friday, reaching $115.78. 7,337,158 shares of the company were exchanged, compared to its average volume of 27,193,377. Robinhood Markets has a one year low of $63.51 and a one year high of $153.86. The company has a market cap of $104.10 billion, a price-to-earnings ratio of 50.82, a PEG ratio of 2.35 and a beta of 2.35. The company has a 50-day moving average of $105.58 and a 200-day moving average of $93.59. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.22.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.18. Robinhood Markets had a return on equity of 22.43% and a net margin of 42.01%.The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the prior year, the company earned $0.42 earnings per share. The company’s quarterly revenue was up 32.5% on a year-over-year basis. Analysts anticipate that Robinhood Markets will post 2.1 earnings per share for the current year.

Insider Transactions at Robinhood Markets

In related news, insider Steven Quirk sold 24,416 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $120.33, for a total transaction of $2,937,977.28. Following the completion of the sale, the insider owned 77,839 shares of the company’s stock, valued at $9,366,366.87. This trade represents a 23.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $116.17, for a total value of $43,563,750.00. Following the completion of the transaction, the chief executive officer directly owned 375,000 shares in the company, valued at $43,563,750. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,089,658 shares of company stock valued at $128,909,068. 13.48% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Robinhood Markets

A number of hedge funds have recently added to or reduced their stakes in the stock. QRG Capital Management Inc. boosted its stake in shares of Robinhood Markets by 14.8% in the 2nd quarter. QRG Capital Management Inc. now owns 180,595 shares of the company’s stock worth $18,110,000 after buying an additional 23,253 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in Robinhood Markets by 31.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 15,529 shares of the company’s stock valued at $1,557,000 after acquiring an additional 3,738 shares during the last quarter. Capstone Financial Advisors Inc. lifted its holdings in Robinhood Markets by 17.5% in the second quarter. Capstone Financial Advisors Inc. now owns 3,569 shares of the company’s stock valued at $358,000 after acquiring an additional 532 shares during the period. Whetstone Capital Advisors LLC lifted its holdings in Robinhood Markets by 8.8% in the second quarter. Whetstone Capital Advisors LLC now owns 54,755 shares of the company’s stock valued at $5,491,000 after acquiring an additional 4,419 shares during the period. Finally, National Pension Service boosted its position in Robinhood Markets by 5.1% in the second quarter. National Pension Service now owns 2,298,238 shares of the company’s stock worth $230,467,000 after purchasing an additional 112,365 shares during the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Robinhood Markets News Summary

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

• Positive Sentiment: Robinhood unveiled Robinhood Agents, AI tools that can research markets, develop strategies and place trades within customer-defined limits. CEO Vlad Tenev said the products bring capabilities historically available mainly to hedge funds and large banks, helping drive after-hours strength and reinforcing the company’s growth narrative. Robinhood Bets on AI Agents That Can Trade While You Sleep
• Positive Sentiment: The company plans to offer 24/7 trading in selected U.S. stocks and ETFs, including weekends, and is also pursuing perpetual futures. The move could increase trading activity, customer engagement and transaction-related revenue while differentiating Robinhood from traditional brokers. Robinhood Markets Plans Perpetual Futures and Weekend Stock Trading
• Positive Sentiment: Morgan Stanley reaffirmed an Overweight rating with a $150 price target, while KeyBanc raised its target to $140 and maintained its Overweight view. These targets suggest some analysts see additional upside from Robinhood’s product expansion. Morgan Stanley Reaffirms Overweight Rating
• Neutral Sentiment: Robinhood will report third-quarter 2026 results after the market close on October 27. The announcement creates a near-term catalyst, with investors likely to focus on trading volumes, cryptocurrency activity, monetization and evidence that new products are accelerating growth. Robinhood Third-Quarter 2026 Results Announcement
• Negative Sentiment: A separate analyst downgrade reportedly pressured the shares, highlighting concerns that Robinhood’s elevated valuation leaves limited room for execution misses. Deutsche Bank also issued a pessimistic forecast, adding to caution after recent weakness. Robinhood Shares Down on Analyst Downgrade
• Negative Sentiment: The AI-agent strategy introduces potential suitability, trading-loss, cybersecurity and liability risks. Critics question who bears responsibility when autonomous systems trade customer funds, particularly as Robinhood expands access to more complex products.

About Robinhood Markets

Robinhood Markets, Inc (NASDAQ: HOOD) operates a financial services platform designed to provide investing and trading products through mobile applications and a website. Its offerings include commission-free trading in stocks and exchange-traded funds, options trading, cryptocurrency services, margin investing, and retirement accounts. The company also provides cash management features and other tools intended to help customers manage and invest their money.

Founded in 2013 by Vlad Tenev and Baiju Bhatt, Robinhood gained prominence by expanding access to investing through a low-cost, easy-to-use digital platform.