JPMorgan Chase & Co. Issues Pessimistic Forecast for Robinhood Markets (NASDAQ:HOOD) Stock Price

Key Points

• JPMorgan lowered its Robinhood price target from $115 to $114 while maintaining a neutral rating, implying roughly 24.9% upside from the reported $91.28 share price.
• Despite JPMorgan’s caution, broader analyst sentiment remains positive: Robinhood has a consensus “Moderate Buy” rating and an average price target of $127.45, with several firms assigning buy or strong-buy ratings.
• Robinhood exceeded adjusted EPS expectations, but revenue slightly missed estimates as crypto revenue fell sharply and expenses pressured margins. Shares declined during trading, while insiders sold more than $128 million of stock over the previous three months.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) had its price objective dropped by stock analysts at JPMorgan Chase & Co. from $115.00 to $114.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price objective points to a potential upside of 24.89% from the company's current price.

Several other equities analysts also recently weighed in on the stock. Zacks Research upgraded shares of Robinhood Markets from a "hold" rating to a "strong-buy" rating in a report on Thursday, September 3rd. Compass Point increased their price target on shares of Robinhood Markets from $126.00 to $145.00 and gave the company a "buy" rating in a research report on Friday, October 2nd. BTIG Research reiterated a "buy" rating and issued a $135.00 price target on shares of Robinhood Markets in a research report on Wednesday. Benchmark raised shares of Robinhood Markets to a "strong-buy" rating in a research note on Wednesday, September 9th. Finally, The Goldman Sachs Group cut their price objective on Robinhood Markets from $145.00 to $128.00 and set a "buy" rating for the company in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $127.45.

Robinhood Markets Stock Performance

Shares of NASDAQ HOOD traded down $3.28 during mid-day trading on Wednesday, hitting $91.28. 33,695,678 shares of the company were exchanged, compared to its average volume of 26,591,836. 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 stock has a 50 day simple moving average of $108.78 and a 200-day simple moving average of $93.44. Robinhood Markets has a 1-year low of $63.51 and a 1-year high of $150.47. The firm has a market cap of $82.07 billion, a price-to-earnings ratio of 40.29, a price-to-earnings-growth ratio of 1.89 and a beta of 2.35.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.44 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. Robinhood Markets's revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.61 EPS. On average, sell-side analysts forecast that Robinhood Markets will post 2.19 EPS for the current fiscal year.

Insider Activity at Robinhood Markets

In related news, Director Oluwadara Treseder sold 1,875 shares of the company's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total transaction of $234,375.00. Following the transaction, the director owned 70,567 shares of the company's stock, valued at approximately $8,820,875. This represents a 2.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Baiju Bhatt sold 50,912 shares of the firm's stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of $101.40, for a total transaction of $5,162,476.80. 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 sold 1,091,347 shares of company stock worth $128,447,880 over the last three months. Company insiders own 13.48% of the company's stock.

Institutional Trading of Robinhood Markets

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Partners Wealth Management LLC purchased a new stake in shares of Robinhood Markets in the third quarter valued at $9,907,000. Soltis Investment Advisors LLC lifted its position in Robinhood Markets by 36.9% during the third quarter. Soltis Investment Advisors LLC now owns 3,451 shares of the company's stock worth $388,000 after buying an additional 931 shares during the period. Founders Financial Securities LLC lifted its position in Robinhood Markets by 4.1% during the third quarter. Founders Financial Securities LLC now owns 5,541 shares of the company's stock worth $623,000 after buying an additional 219 shares during the period. Brooklands Fund Management Ltd purchased a new position in Robinhood Markets during the third quarter worth about $73,000. Finally, United Asset Strategies Inc. acquired a new stake in Robinhood Markets in the 3rd quarter worth about $686,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

More Robinhood Markets News

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

• Positive Sentiment: Robinhood reported record third-quarter revenue of approximately $1.42 billion, up about 12% year over year. Net deposits reached $16 billion, platform assets climbed to $396 billion, and Robinhood Gold subscribers rose to a record 5.2 million. Robinhood Reports Third Quarter 2026 Results
• Positive Sentiment: Trading activity remained strong, while prediction markets and options helped offset the crypto slowdown. Robinhood said 14 business lines now generate at least $100 million in annualized revenue, supporting the company’s strategy to diversify beyond cryptocurrency. Robinhood quarterly revenue rises 12%
• Positive Sentiment: Bernstein said new offerings, including prediction markets, could drive future upside. Several analysts retained bullish ratings, although most reduced their price targets; Citizens JMP reaffirmed an outperform rating with a $165 target. Robinhood to rally on prediction markets and new offerings
• Neutral Sentiment: Robinhood’s adjusted EPS of $0.60 exceeded consensus of $0.56, but diluted EPS was $0.51, below expectations and down from a year earlier. Revenue also fell slightly short of estimates, while higher expenses pressured margins.
• Neutral Sentiment: About 200,000 customers have reportedly enabled Robinhood’s AI trading agents. The product could increase engagement and create a new revenue stream, but autonomous trading also introduces regulatory, execution and reputational risks. 200,000 Robinhood Customers Now Let AI Trade for Them
• Negative Sentiment: Crypto revenue fell 55% year over year to $120 million as subdued cryptocurrency activity and tighter spreads reduced transaction revenue. Crypto weakness, along with lower interest income, was the main catalyst for the earnings-related selloff. Robinhood shares fall as crypto markets chill drives profit miss
• Negative Sentiment: Robinhood did not provide a 2026 outlook for total operating expenses, increasing uncertainty around future profitability. The Ohio Casino Control Commission also sent a cease-and-desist letter concerning sports-related event contracts in the state. Robinhood Stock Tumbles Over 6%

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.

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