Robinhood Markets (HOOD) Expected to Announce Quarterly Earnings on Wednesday

Robinhood Markets (NASDAQ:HOOD - Get Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.41 per share and revenue of $917.12 million for the quarter.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.13. Robinhood Markets had a net margin of 47.81% and a return on equity of 13.53%. On average, analysts expect Robinhood Markets to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Robinhood Markets Price Performance

Shares of HOOD traded up $1.30 during trading hours on Friday, hitting $49.45. 34,530,486 shares of the stock were exchanged, compared to its average volume of 24,936,046. The firm has a market capitalization of $43.79 billion, a P/E ratio of 31.50, a price-to-earnings-growth ratio of 1.05 and a beta of 2.17. Robinhood Markets has a fifty-two week low of $13.98 and a fifty-two week high of $66.91. The business has a 50-day moving average of $43.49 and a 200-day moving average of $41.00.

Insider Activity

In other news, Director Baiju Bhatt sold 522,180 shares of the company's stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $62.70, for a total value of $32,740,686.00. Following the completion of the transaction, the director now directly owns 5,042 shares of the company's stock, valued at $316,133.40. This represents a 99.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Daniel Martin Gallagher, Jr. sold 25,000 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $51.60, for a total value of $1,290,000.00. Following the completion of the transaction, the insider now directly owns 706,642 shares of the company's stock, valued at approximately $36,462,727.20. This represents a 3.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,240,460 shares of company stock valued at $110,036,750 over the last three months. Corporate insiders own 19.95% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on HOOD. Compass Point began coverage on shares of Robinhood Markets in a research note on Wednesday, March 19th. They set a "buy" rating and a $61.00 target price on the stock. Barclays cut their target price on shares of Robinhood Markets from $76.00 to $45.00 and set an "overweight" rating on the stock in a research note on Monday, April 7th. Cantor Fitzgerald began coverage on shares of Robinhood Markets in a research note on Thursday, March 6th. They set an "overweight" rating and a $69.00 target price on the stock. Needham & Company LLC cut their target price on shares of Robinhood Markets from $70.00 to $62.00 and set a "buy" rating on the stock in a research note on Friday, March 28th. Finally, JMP Securities cut their target price on shares of Robinhood Markets from $77.00 to $70.00 and set a "market outperform" rating on the stock in a research note on Tuesday, April 8th. Six investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, Robinhood Markets has an average rating of "Moderate Buy" and a consensus target price of $53.88.

About Robinhood Markets

Robinhood Markets, Inc operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.