Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) rose 1.2% during trading on Monday. The company traded as high as $115.48 and last traded at $114.11. Approximately 18,533,065 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 27,292,633 shares. The stock had previously closed at $112.74.
Key Robinhood Markets News
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Analyst sentiment improved after Robinhood’s consensus price target was reportedly raised 26.4% to CHF 112.75, signaling greater confidence in the company’s outlook. Robinhood Markets consensus price target raised
- Positive Sentiment: Event-contract trading surged more than tenfold in fiscal second-quarter 2026 to a record 13.6 billion contracts. The growth could diversify revenue as cryptocurrency activity declines, though the business carries legal and regulatory uncertainty. Robinhood event contracts growth
- Positive Sentiment: Robinhood is rolling out U.S. crypto perpetual futures through Bitstamp and preparing to offer up to 10-times leverage on Bitcoin and Ether. These products could increase crypto engagement and transaction revenue. Robinhood crypto perpetuals rollout
- Positive Sentiment: Planned weekend trading in a curated group of stocks and ETFs could raise transaction volume and extend customer engagement, pending regulatory approval. Equities represented approximately 10% of second-quarter revenue. Robinhood weekend stock trading plans
- Positive Sentiment: The company is also positioning itself to support programmable, tokenized financial assets, potentially creating a new long-term growth opportunity from its large customer base. Robinhood tokenized assets strategy
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on HOOD. Zacks Research raised shares of Robinhood Markets from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 3rd. Mizuho increased their target price on shares of Robinhood Markets from $130.00 to $140.00 and gave the company an “outperform” rating in a report on Wednesday, September 9th. Piper Sandler restated an “overweight” rating and set a $145.00 price target (up from $135.00) on shares of Robinhood Markets in a report on Wednesday, September 2nd. Loop Capital set a $135.00 price objective on shares of Robinhood Markets in a research report on Tuesday, September 29th. Finally, BTIG Research increased their price objective on shares of Robinhood Markets from $125.00 to $135.00 and gave the company a “buy” rating in a research note on Tuesday, September 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $132.58.
Robinhood Markets Stock Performance
The firm has a market cap of $102.59 billion, a PE ratio of 50.27, a PEG ratio of 2.33 and a beta of 2.35. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.23. The company has a 50-day simple moving average of $105.94 and a two-hundred day simple moving average of $93.85.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.18. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. Robinhood Markets had a return on equity of 22.43% and a net margin of 42.01%.The business’s revenue was up 32.5% compared to the same quarter last year. During the same period last year, the firm posted $0.42 EPS. As a group, equities research analysts forecast that Robinhood Markets, Inc. will post 2.13 earnings per share for the current year.
Insider Activity at Robinhood Markets
In other Robinhood Markets news, CFO Shiv Verma sold 11,472 shares of the business’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $110.42, for a total value of $1,266,738.24. Following the transaction, the chief financial officer directly owned 56,858 shares in the company, valued at $6,278,260.36. The trade was a 16.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 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 transaction, 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. 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 704,658 shares of company stock valued at $84,183,918 in the last 90 days. 13.48% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Robinhood Markets
Several institutional investors have recently bought and sold shares of HOOD. MV Capital Management Inc. bought a new position in Robinhood Markets during the fourth quarter valued at $27,000. C M Bidwell & Associates Ltd. bought a new stake in shares of Robinhood Markets in the second quarter valued at $27,000. Glen Eagle Advisors LLC raised its stake in shares of Robinhood Markets by 812.9% in the fourth quarter. Glen Eagle Advisors LLC now owns 283 shares of the company’s stock valued at $32,000 after buying an additional 252 shares during the period. SHP Wealth Management purchased a new position in shares of Robinhood Markets during the 4th quarter valued at $32,000. Finally, Copos Capital S.a r.l. purchased a new position in shares of Robinhood Markets during the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.
Robinhood Markets Company Profile
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.
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