Robinhood Markets (NASDAQ:HOOD) Receives "Outperform" Rating from Sanford C. Bernstein

Key Points

• Sanford C. Bernstein reiterated an "Outperform" rating on Robinhood with a $130 price target, implying about a 65.9% upside from the prior close.
• Insiders have been selling recently — CEO Vladimir Tenev sold 375,000 shares (≈$26.2M) and insiders sold 469,239 shares worth about $34.16M in the last 90 days, transactions disclosed as Rule 10b5‑1 trades.
• Sell‑side coverage is mixed but generally positive: 18 analysts rate HOOD as Buy, 5 as Hold and 2 as Sell, giving a consensus "Moderate Buy" and an average price target of $109.42.

Robinhood Markets (NASDAQ:HOOD - Get Free Report)'s stock had its "outperform" rating reiterated by analysts at Sanford C. Bernstein in a report released on Tuesday,Benzinga reports. They presently have a $130.00 price objective on the stock. Sanford C. Bernstein's price objective suggests a potential upside of 65.91% from the company's previous close.

Several other research analysts have also issued reports on the company. Piper Sandler lowered their target price on Robinhood Markets from $155.00 to $135.00 and set an "overweight" rating for the company in a research report on Wednesday, February 11th. Keefe, Bruyette & Woods started coverage on Robinhood Markets in a report on Wednesday, April 8th. They set a "market perform" rating and a $75.00 price target for the company. New Street Research set a $122.00 price target on Robinhood Markets in a report on Thursday, March 5th. The Goldman Sachs Group decreased their price target on Robinhood Markets from $102.00 to $91.00 and set a "buy" rating for the company in a report on Thursday, March 26th. Finally, Citizens Jmp decreased their price target on Robinhood Markets from $180.00 to $155.00 and set a "market outperform" rating for the company in a report on Friday. Eighteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $109.42.

Robinhood Markets Stock Performance

Shares of HOOD traded up $6.69 during trading hours on Tuesday, reaching $78.36. The stock had a trading volume of 10,858,544 shares, compared to its average volume of 28,602,668. The stock has a market capitalization of $70.54 billion, a PE ratio of 37.89, a PEG ratio of 1.87 and a beta of 2.46. Robinhood Markets has a 12 month low of $39.21 and a 12 month high of $153.86. The company's 50-day moving average is $74.90 and its two-hundred day moving average is $107.44.

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

Insider Transactions at Robinhood Markets

In other news, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the firm's stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $69.85, for a total value of $407,574.75. Following the completion of the sale, the chief technology officer directly owned 18,006 shares in the company, valued at $1,257,719.10. This trade represents a 24.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of the firm's stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $69.83, for a total value of $26,186,250.00. Following the completion of the sale, the chief executive officer owned 375,000 shares of the company's stock, valued at approximately $26,186,250. This represents a 50.00% decrease in their ownership of the stock. 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. In the last 90 days, insiders have sold 469,239 shares of company stock valued at $34,161,725. 19.95% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Robinhood Markets

Hedge funds have recently added to or reduced their stakes in the stock. Caisse Des Depots ET Consignations acquired a new position in Robinhood Markets during the 3rd quarter valued at about $3,984,000. Aberdeen Group plc lifted its position in shares of Robinhood Markets by 565.1% during the 3rd quarter. Aberdeen Group plc now owns 185,538 shares of the company's stock worth $26,565,000 after buying an additional 157,643 shares in the last quarter. Jennison Associates LLC bought a new position in shares of Robinhood Markets during the 3rd quarter worth approximately $322,823,000. NEOS Investment Management LLC bought a new position in shares of Robinhood Markets during the 3rd quarter worth approximately $11,994,000. Finally, New York Life Investment Management LLC bought a new position in shares of Robinhood Markets during the 3rd quarter worth approximately $14,989,000. Institutional investors and hedge funds own 93.27% of the company's stock.

Robinhood Markets News Roundup

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

• Positive Sentiment: Pinwheel chosen as the direct‑deposit launch partner for Robinhood Banking — improves onboarding and deposit switching (could raise customer deposits and wallet share). Read More.
• Positive Sentiment: Bernstein maintains a $130 price target despite a recent steep pullback — signals some sell‑side conviction that HOOD remains materially undervalued versus growth and margins, supporting a constructive medium‑term thesis. Read More.
• Positive Sentiment: Buy‑the‑dip views reappearing (Seeking Alpha) highlight compressed valuation metrics and resilient trading volumes; investors focused on earnings/margin improvement may see a buying opportunity. Read More.
• Neutral Sentiment: Kraken review compares platforms — Kraken markets itself to active traders and may pressure pricing/feature competition, but Robinhood’s broader retail scale and banking push differentiate it. Read More.
• Neutral Sentiment: Zacks and other outlets note HOOD is trending — higher attention can amplify moves both ways depending on catalysts (earnings, guidance, user metrics). Read More.
• Negative Sentiment: Robinhood is restricting/excluding some prediction‑market contracts over insider‑trading/manipulation concerns — could reduce engagement and fee/transaction volumes in a fast‑growing product category and raises compliance/regulatory risk questions. Read More. Read More.
• Negative Sentiment: Several firms trimmed targets (Morgan Stanley to $95, Truist to $100, Citigroup/JMP to $155 reported) — analyst cuts increase near‑term selling pressure and reflect concern about volume sensitivity to market volatility. Read More. Read More. Read More.

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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