Robinhood Markets (NASDAQ:HOOD) Price Target Lowered to $90.00 at Needham & Company LLC

Key Points

• Needham cut its price target on Robinhood from $100 to $90 but kept a "buy" rating, implying about a 28.4% upside from the prior close; the broader analyst consensus is a "Moderate Buy" with an average target of $117.58.
• Robinhood beat EPS estimates ($0.66 vs. $0.63) and reported revenue of $1.28B (up 26.5% year-over-year) but slightly missed revenue forecasts, while the stock trades near $70 with a 52-week range of $29.66–$153.86 and its 50- and 200-day moving averages below prior highs.
• Insiders have sold significant stock recently (CEO Vladimir Tenev sold 375,000 shares for about $45.6M; insiders sold ~469,268 shares worth $54.4M in the last 90 days) even as institutional investors own roughly 93.3% of the company, led by large stakes from Vanguard, State Street and new buying by Norges Bank.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) had its price objective lowered by investment analysts at Needham & Company LLC from $100.00 to $90.00 in a report issued on Thursday,Benzinga reports. The firm currently has a "buy" rating on the stock. Needham & Company LLC's price objective would suggest a potential upside of 28.37% from the company's previous close.

Several other equities analysts also recently commented on HOOD. Wall Street Zen downgraded shares of Robinhood Markets from a "hold" rating to a "sell" rating in a research note on Saturday, February 14th. Barclays cut their target price on Robinhood Markets from $159.00 to $124.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 11th. Compass Point restated a "buy" rating on shares of Robinhood Markets in a report on Wednesday, February 11th. The Goldman Sachs Group lowered their price target on Robinhood Markets from $102.00 to $91.00 and set a "buy" rating for the company in a research report on Thursday, March 26th. Finally, Loop Capital set a $130.00 price objective on Robinhood Markets in a report on Monday, February 9th. Eighteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $117.58.

Robinhood Markets Stock Performance

Shares of Robinhood Markets stock opened at $70.11 on Thursday. Robinhood Markets has a 52-week low of $29.66 and a 52-week high of $153.86. The stock has a market capitalization of $63.12 billion, a price-to-earnings ratio of 34.03, a P/E/G ratio of 1.56 and a beta of 2.46. The company's 50 day moving average price is $80.09 and its 200-day moving average price is $110.44.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.03. The company had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.32 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The firm's revenue was up 26.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.01 EPS. As a group, equities research analysts forecast that Robinhood Markets will post 1.35 earnings per share for the current fiscal year.

Insider Activity at Robinhood Markets

In other Robinhood Markets news, insider Steven M. Quirk sold 52,540 shares of Robinhood Markets stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $87.81, for a total transaction of $4,613,537.40. Following the sale, the insider directly owned 27,564 shares of the company's stock, valued at approximately $2,420,394.84. The trade was a 65.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Vladimir Tenev sold 375,000 shares of the company's stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $121.63, for a total value of $45,611,250.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 469,268 shares of company stock worth $54,409,454 over the last ninety days. Corporate insiders own 14.47% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Robinhood Markets by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company's stock worth $10,831,756,000 after purchasing an additional 1,334,443 shares in the last quarter. State Street Corp boosted its holdings in shares of Robinhood Markets by 2.7% during the 4th quarter. State Street Corp now owns 33,121,452 shares of the company's stock valued at $3,746,036,000 after buying an additional 875,297 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Robinhood Markets by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company's stock worth $2,386,944,000 after buying an additional 356,902 shares during the period. Morgan Stanley increased its stake in shares of Robinhood Markets by 23.9% in the 4th quarter. Morgan Stanley now owns 10,683,776 shares of the company's stock worth $1,208,335,000 after acquiring an additional 2,061,832 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Robinhood Markets in the 4th quarter worth about $1,202,160,000. Hedge funds and other institutional investors own 93.27% of the company's stock.

More Robinhood Markets News

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

• Positive Sentiment: Company leadership and product focus — Profiles of CEO Vlad Tenev highlight continued emphasis on building “meaningful” products, supporting a longer-term growth narrative around new revenue streams beyond trading. Vlad Tenev pushed hard early proving Robinhood could build 'meaningful' products—now chases this goal
• Positive Sentiment: Banking deposit traction — Robinhood Banking surpassed $1.5B in deposits from ~100K customers, underscoring revenue diversification (FDIC-insured cash balances) and competitive pressure on crypto-only rivals. Coinbase Has Crypto, But Can It Survive Robinhood’s $1.5 Billion Banking Blitz?
• Positive Sentiment: Media/celebrity endorsement lift — Coverage noting Jim Cramer’s favorable comments and related attention has supported short-term buying interest and retail sentiment. Robinhood (HOOD) Stock Up Since Jim Cramer Called it a Winner
• Neutral Sentiment: Q1 results date set — Robinhood will report Q1 2026 results after the close on April 28 and host management’s earnings call; investors will focus on engagement, revenue mix and crypto volumes. Robinhood Markets, Inc. to Announce First Quarter 2026 Results on April 28, 2026
• Neutral Sentiment: Unusual options flow — Reports of large put activity have drawn attention from traders debating whether downside risk is priced in or if the options action signals a bottom; this is speculative and can amplify intraday moves. Huge, Unusual Put Action in Robinhood Stock - A Sign That HOOD Has Bottomed?
• Neutral Sentiment: Retail-access rumors clarified — Coverage of a SpaceX IPO access scare briefly pressured sentiment, but Elon Musk’s denial reduced that specific concern; IPO access remains a watch item for future retail flows. Robinhood, SoFi Sidelined In SpaceX IPO? 'False,' Elon Musk Says
• Negative Sentiment: Crypto weakness — Bitcoin and other digital assets fell amid macro/geopolitical moves, which typically reduces Robinhood’s crypto trading volumes and revenue; crypto-market swings remain a key near-term revenue risk. Bitcoin Is Falling. Why Strategy and Other Crypto Stocks Face Their Own Prolonged War.
• Negative Sentiment: Regulatory/legal uncertainty — Robinhood sued Washington State to block enforcement tied to Kalshi/prediction markets, creating legal risk and potential reputational/regulatory costs that can pressure the stock until resolved. Robinhood Sues Washington State Over Kalshi Lawsuit
• Negative Sentiment: Analyst weakness — Sanford C. Bernstein cut its price target and outlets noted a trading decline after an analyst downgrade, which can weigh on investor sentiment and trigger short-term selling. Sanford C. Bernstein Lowers Robinhood Markets NASDAQ: HOOD Price Target to $130.00

Robinhood Markets Company Profile

Robinhood Markets, Inc NASDAQ: HOOD is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to "democratize finance for all." Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.

Robinhood's core products and services include a mobile app and web platform for trading U.S.

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