Robinhood Markets (NASDAQ:HOOD) Stock Price Up 1.9% Following Analyst Upgrade

Key Points

• Robinhood shares rose 1.9% to $109.02 after Morgan Stanley raised its price target from $150 to $160 and maintained an “Overweight” rating.
• Analyst sentiment remains broadly positive, with Robinhood holding a consensus “Moderate Buy” rating and an average price target of $134.12.
• Robinhood recently exceeded quarterly earnings and revenue estimates, reporting $0.62 in EPS and $1.31 billion in revenue, up 32.5% year over year; however, insiders sold approximately $128 million of stock over the past 90 days.

Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) traded up 1.9% on Friday after Morgan Stanley raised their price target on the stock from $150.00 to $160.00. Morgan Stanley currently has an overweight rating on the stock. Robinhood Markets traded as high as $109.85 and last traded at $109.02. 13,668,768 shares traded hands during trading, a decline of 50% from the average daily volume of 27,110,225 shares. The stock had previously closed at $107.01.

A number of other research firms have also recently weighed in on HOOD. KeyCorp lifted their price objective on Robinhood Markets from $100.00 to $125.00 and gave the company an "overweight" rating in a research report on Wednesday, July 22nd. Weiss Ratings restated a "hold (c)" rating on shares of Robinhood Markets in a research note on Monday, September 21st. Bank of America lifted their price target on shares of Robinhood Markets from $140.00 to $156.00 and gave the company a "buy" rating in a report on Monday. Mizuho upped their price target on shares of Robinhood Markets from $130.00 to $140.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 9th. Finally, Citizens Jmp increased their price objective on shares of Robinhood Markets from $155.00 to $165.00 and gave the stock a "market outperform" rating in a research note on Friday, September 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Robinhood Markets currently has a consensus rating of "Moderate Buy" and a consensus target price of $134.12.

Insider Transactions at Robinhood Markets

In related news, CFO Shiv Verma sold 11,472 shares of the business's stock in a transaction on 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 sale, the chief financial officer owned 56,858 shares in the company, valued at approximately $6,278,260.36. The trade was a 16.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven Quirk sold 24,416 shares of the company's stock in a transaction 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 sale, the insider directly owned 77,839 shares in the company, valued at approximately $9,366,366.87. The trade was a 23.88% decrease in their position. The SEC filing for this sale provides additional information. 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 $127,966,018 in the last 90 days. Company insiders own 13.48% of the company's stock.

Robinhood Markets News Summary

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

• Positive Sentiment: Morgan Stanley raised its Robinhood price target from $150 to $160 and maintained an “Overweight” rating. The upgrade reflects confidence in Robinhood’s growth outlook and implies substantial upside from recent trading levels. Morgan Stanley analyst rating
• Positive Sentiment: Barclays also reportedly raised its target to $132 from $105 while retaining an “Overweight” rating, adding to the bullish analyst sentiment around HOOD. Barclays Robinhood price target
• Positive Sentiment: Webull’s regulatory challenges could create a customer-acquisition opportunity for Robinhood, particularly through account-transfer incentives, advanced trading tools and a broader product lineup. Webull regulatory troubles and Robinhood
• Positive Sentiment: Potential expansion into extended or weekend trading could increase trading frequency, customer engagement and transaction-related revenue for Robinhood and other U.S. brokerages. Weekend trading and U.S. equities
• Neutral Sentiment: Robinhood customers hold substantially less money per account than Interactive Brokers customers—about $13,400 versus $173,000—but the gap is narrowing. The comparison highlights both Robinhood’s mass-market positioning and its opportunity to grow customer assets over time. Robinhood and Interactive Brokers customer assets
• Neutral Sentiment: Robinhood’s reported purchase of approximately $25 million in bitcoin for its corporate balance sheet reinforces its crypto strategy, but also introduces modest exposure to cryptocurrency price volatility. Robinhood bitcoin purchase
• Negative Sentiment: CEO Vladimir Tenev sold 375,000 shares and director Daniel Gallagher sold 10,000 shares. Both sales were made under pre-arranged Rule 10b5-1 plans, reducing their significance, but the transactions may still weigh on investor sentiment. Robinhood insider stock sales

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. MV Capital Management Inc. bought a new stake in Robinhood Markets during the fourth quarter worth approximately $27,000. C M Bidwell & Associates Ltd. purchased a new position in shares of Robinhood Markets in the 2nd quarter worth approximately $27,000. Glen Eagle Advisors LLC boosted its holdings in shares of Robinhood Markets by 812.9% in the 4th quarter. Glen Eagle Advisors LLC now owns 283 shares of the company's stock worth $32,000 after purchasing an additional 252 shares during the period. SHP Wealth Management bought a new position in shares of Robinhood Markets during the 4th quarter valued at approximately $32,000. Finally, Copos Capital S.a r.l. bought a new position in shares of Robinhood Markets during the 4th quarter valued at approximately $33,000. Institutional investors own 93.27% of the company's stock.

Robinhood Markets Stock Up 1.9%

The company has a fifty day moving average of $107.50 and a two-hundred day moving average of $94.88. The company has a market cap of $98.02 billion, a PE ratio of 48.03, a price-to-earnings-growth ratio of 2.14 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.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.44 by $0.18. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. Robinhood Markets had a net margin of 42.01% and a return on equity of 22.43%. Robinhood Markets's quarterly revenue was up 32.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.42 earnings per share. As a group, analysts anticipate that Robinhood Markets, Inc. will post 2.14 earnings per share for the current fiscal year.

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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