Robinhood Markets (HOOD) Stock Forecast & Price Target

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$16.63

-0.45 (-2.63%)

(As of 04/19/2024 ET)

Robinhood Markets Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 14 Analyst Ratings

Analysts' Consensus Price Target

$18.81
13.09% Upside

High Forecast	$30.00
Average Forecast	$18.81
Low Forecast	$9.50

Type	Current Forecast 4/20/23 to 4/19/24	1 Month Ago 3/21/23 to 3/20/24	3 Months Ago 1/20/23 to 1/20/24	1 Year Ago 4/20/22 to 4/20/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)	5 Hold rating(s)
Sell	3 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$18.81	$15.46	$12.50	$11.75
Predicted Upside	13.09% Upside	18.10% Upside	22.39% Upside	20.57% Upside

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HOOD Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HOOD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Robinhood Markets Stock vs. The Competition

Type	Robinhood Markets	Finance Companies	S&P 500
Consensus Rating Score	2.07	2.44	2.49
Consensus Rating	Hold	Hold	Hold
Predicted Upside	10.12% Upside	78.58% Upside	12.31% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
4/15/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$18.00 ➝ $20.00	+11.17%
4/12/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$12.50 ➝ $17.00	-10.53%
4/11/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Sell	$13.00 ➝ $16.00	-12.76%
4/9/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$11.00 ➝ $18.00	-2.28%
4/9/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Outperform ➝ Market Outperform	$25.00 ➝ $28.00	+50.86%
4/8/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$11.00 ➝ $16.00	-13.89%
Get the Latest News and Ratings for HOOD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Robinhood Markets and its competitors with MarketBeat's FREE daily newsletter.
4/3/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Market Perform	$20.00	+4.17%
3/28/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$15.00 ➝ $22.00	+9.95%
3/19/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$12.00 ➝ $16.00	-6.27%
3/19/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$17.00 ➝ $20.00	+17.16%
3/14/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$30.00	+74.83%
2/14/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$10.00 ➝ $12.00	-7.26%
12/1/2023	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$9.50	+7.95%
10/11/2023	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:16 PM ET.

HOOD Price Target - Frequently Asked Questions

What is Robinhood Markets's consensus rating and price target?: According to the issued ratings of 14 analysts in the last year, the consensus rating for Robinhood Markets stock is Hold based on the current 3 sell ratings, 7 hold ratings and 4 buy ratings for HOOD. The average twelve-month price prediction for Robinhood Markets is $18.81 with a high price target of $30.00 and a low price target of $9.50. Learn more on HOOD's analyst rating history.
Do Wall Street analysts like Robinhood Markets more than its competitors?: Analysts like Robinhood Markets less than other Finance companies. The consensus rating score for Robinhood Markets is 2.07 while the average consensus rating score for finance companies is 2.45. Learn more on how HOOD compares to other companies.
Is Robinhood Markets being downgraded by Wall Street analysts?: Over the previous 90 days, Robinhood Markets's stock had 1 downgrade by analysts.

Does Robinhood Markets's stock price have much upside?: According to analysts, Robinhood Markets's stock has a predicted upside of 9.57% based on their 12-month stock forecasts.
What analysts cover Robinhood Markets?: Robinhood Markets has been rated by Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, JMP Securities, JPMorgan Chase & Co., Keefe, Bruyette & Woods, KeyCorp, Mizuho, Morgan Stanley, Piper Sandler, Sanford C. Bernstein, and The Goldman Sachs Group in the past 90 days.

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This page (NASDAQ:HOOD) was last updated on 4/19/2024 by MarketBeat.com Staff

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Robinhood Markets (HOOD) Stock Forecast & Price Target

Robinhood Markets Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

HOOD Analyst Ratings By Month

HOOD Price Targets by Month

Robinhood Markets Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

HOOD Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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