Robinhood Markets (NASDAQ:HOOD) Stock Picked Up by Analysts at Wells Fargo & Company

Key Points

• Wells Fargo initiated coverage of Robinhood Markets with an “equal weight” rating and a $125 price target, implying roughly 8% upside from the prior close.
• Analyst sentiment remains broadly positive: Robinhood has a consensus “Moderate Buy” rating and an average target price of $132.50, supported by recent earnings that exceeded expectations and 32.5% year-over-year revenue growth.
• Shares traded at $115.78, while insiders sold approximately $128.9 million of stock over the past 90 days; institutional investors own 93.27% of the company.

Analysts at Wells Fargo & Company started coverage on shares of Robinhood Markets (NASDAQ:HOOD - Get Free Report) in a research note issued on Friday, MarketBeat.com reports. The brokerage set an "equal weight" rating and a $125.00 price target on the stock. Wells Fargo & Company's price objective suggests a potential upside of 7.96% from the stock's previous close.

A number of other research analysts have also issued reports on HOOD. Scotiabank initiated coverage on Robinhood Markets in a research report on Wednesday, September 2nd. They set a "sector outperform" rating and a $136.00 target price on the stock. Deutsche Bank Aktiengesellschaft lowered their price objective on Robinhood Markets from $138.00 to $134.00 and set a "buy" rating on the stock in a report on Tuesday. Sanford C. Bernstein restated an "outperform" rating and issued a $160.00 target price on shares of Robinhood Markets in a research report on Tuesday, September 8th. Citizens Jmp increased their price objective on Robinhood Markets from $155.00 to $165.00 and gave the company a "market outperform" rating in a research note on Friday, September 11th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Robinhood Markets in a research report on Monday, September 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Robinhood Markets has a consensus rating of "Moderate Buy" and an average target price of $132.50.

Robinhood Markets Stock Performance

Shares of NASDAQ HOOD traded up $4.63 during mid-day trading on Friday, hitting $115.78. The stock had a trading volume of 7,337,158 shares, compared to its average volume of 27,193,377. Robinhood Markets has a twelve month low of $63.51 and a twelve month high of $153.86. The firm has a market cap of $104.10 billion, a PE ratio of 50.82, a PEG ratio of 2.35 and a beta of 2.35. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.22 and a current ratio of 1.22. The company has a 50 day moving average of $105.58 and a two-hundred day moving average of $93.59.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.18. The company had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.29 billion. Robinhood Markets had a return on equity of 22.43% and a net margin of 42.01%.Robinhood Markets's quarterly revenue was up 32.5% on a year-over-year basis. During the same period last year, the business earned $0.42 earnings per share. Research analysts predict that Robinhood Markets will post 2.1 EPS for the current fiscal year.

Insider Transactions at Robinhood Markets

In other Robinhood Markets news, CFO Shiv Verma sold 11,472 shares of Robinhood Markets stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $110.42, for a total transaction of $1,266,738.24. Following the completion of the sale, the chief financial officer directly owned 56,858 shares in the company, valued at $6,278,260.36. This trade represents a 16.79% 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 business's stock in a transaction 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 sale, the chief executive officer owned 375,000 shares in the company, valued at $43,563,750. This represents a 50.00% decrease in their position. 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 a total of 1,089,658 shares of company stock valued at $128,909,068 in the last ninety days. 13.48% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Robinhood Markets

Several large investors have recently bought and sold shares of the stock. Parkside Financial Bank & Trust grew its position in Robinhood Markets by 11.9% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,089 shares of the company's stock worth $109,000 after acquiring an additional 116 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in Robinhood Markets by 2.8% in the fourth quarter. Sivia Capital Partners LLC now owns 4,310 shares of the company's stock valued at $487,000 after buying an additional 117 shares during the period. MCF Advisors LLC lifted its holdings in Robinhood Markets by 52.6% in the fourth quarter. MCF Advisors LLC now owns 377 shares of the company's stock valued at $43,000 after buying an additional 130 shares during the period. RFG Advisory LLC boosted its position in Robinhood Markets by 4.0% during the second quarter. RFG Advisory LLC now owns 3,505 shares of the company's stock valued at $351,000 after acquiring an additional 135 shares during the last quarter. Finally, Dearborn Partners LLC raised its position in shares of Robinhood Markets by 7.4% in the 4th quarter. Dearborn Partners LLC now owns 2,132 shares of the company's stock worth $241,000 after acquiring an additional 146 shares in the last quarter. 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: 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.

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