Robinhood Markets (NASDAQ:HOOD) Shares Up 2.6% - Still a Buy?

Key Points

• Shares rose 2.6% to $79.05 on Wednesday with about 24.5M shares traded (roughly 20% below average), while the stock remains below its 200‑day moving average of $101.73.
• Robinhood is pushing product and geographic diversification — its Ventures Fund IPO drew 150,000+ retail participants, Gold subscribers hit ~4.3M, and the firm received in‑principle approval to launch brokerage services in Singapore.
• Near‑term risks persist: Q1 revenue and EPS slightly missed expectations and crypto trading weakness could pressure top‑line, but analysts still rate the stock a consensus "Moderate Buy" with an average price target of $107.88 despite recent target cuts.

Shares of Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) shot up 2.6% on Wednesday . The stock traded as high as $79.49 and last traded at $79.05. 24,479,259 shares traded hands during trading, a decline of 20% from the average session volume of 30,674,424 shares. The stock had previously closed at $77.03.

Robinhood Markets News Roundup

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

• Positive Sentiment: Robinhood says its new Ventures Fund I IPO attracted 150,000+ retail participants, a sign the firm can monetize access to private tech and deepen retail engagement; this supports revenue diversification and product-led growth. Robinhood's venture fund IPO attracted 150,000+ retail investors, CEO says
• Positive Sentiment: HOOD received in‑principle approval to launch brokerage services in Singapore — a concrete step on international expansion that could open a new retail market and long-term revenue upside. Robinhood (HOOD) Receives In-Principle Approval to Launch Brokerage Services in Singapore
• Positive Sentiment: Subscription momentum: Robinhood Gold hit a record ~4.3M subscribers and management is bullish on prediction markets — both trends support steadier, higher-margin recurring revenue to offset volatile crypto trading. Robinhood Gold Hits Record Subscribers
• Neutral Sentiment: An insider (Daniel Martin Gallagher Jr.) sold 10,000 shares under a pre‑arranged Rule 10b5‑1 plan; while headline‑negative at face value, the planned nature reduces signaling risk. Insider sale disclosure
• Neutral Sentiment: CEO Vlad Tenev is publicly defending and promoting initiatives (prediction markets, “Trump Accounts” customer-service approach) — supportive for growth narrative but could carry reputational or regulatory scrutiny depending on reception. Robinhood CEO Defends the Math Behind 'Trump Accounts' Partnership
• Negative Sentiment: Competitive pressure: a legacy Wall Street bank is moving into crypto brokerage, signaling added competition to Coinbase and Robinhood in crypto services. That could weigh on market share and crypto‑related revenues. 91-year-old Wall Street bank to challenge Coinbase, Robinhood
• Negative Sentiment: Macro/headline risk from crypto slump: analysts flagged HOOD’s Q1 weakness tied to falling crypto trading revenue and suggested ETF alternatives; continued crypto volatility remains a downside to near‑term top‑line. ETFs to Watch as HOOD Lags Q1 Earnings Amid Crypto Trading Slump

Wall Street Analyst Weigh In

Several brokerages recently weighed in on HOOD. Compass Point restated a "buy" rating on shares of Robinhood Markets in a report on Wednesday, February 11th. Weiss Ratings restated a "hold (c)" rating on shares of Robinhood Markets in a report on Friday, March 27th. Morgan Stanley dropped their target price on Robinhood Markets from $147.00 to $95.00 and set an "equal weight" rating for the company in a report on Friday, April 10th. Argus dropped their target price on Robinhood Markets from $102.00 to $90.00 and set a "buy" rating for the company in a report on Thursday, April 30th. Finally, Needham & Company LLC dropped their target price on Robinhood Markets from $95.00 to $85.00 and set a "buy" rating for the company in a report on Wednesday, April 29th. Eighteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Robinhood Markets has an average rating of "Moderate Buy" and an average price target of $107.88.

Robinhood Markets Trading Up 2.6%

The firm has a fifty day simple moving average of $76.24 and a two-hundred day simple moving average of $101.73. The firm has a market cap of $71.17 billion, a PE ratio of 38.19, a PEG ratio of 2.50 and a beta of 2.29.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The business had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $1.14 billion. During the same quarter last year, the business posted $0.37 EPS. The company's quarterly revenue was up 15.1% compared to the same quarter last year. Equities analysts expect that Robinhood Markets, Inc. will post 1.86 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Robinhood Markets news, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $83.92, for a total value of $489,673.20. Following the completion of the sale, the chief technology officer owned 12,171 shares in the company, valued at approximately $1,021,390.32. This trade represents a 32.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $76.89, for a total value of $768,900.00. Following the completion of the sale, the insider owned 432,849 shares of the company's stock, valued at approximately $33,281,759.61. This trade represents a 2.26% 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. In the last quarter, insiders have sold 487,907 shares of company stock worth $35,444,040. Insiders own 19.95% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in HOOD. Empowered Funds LLC lifted its stake in shares of Robinhood Markets by 46.7% in the 1st quarter. Empowered Funds LLC now owns 49,870 shares of the company's stock valued at $2,076,000 after purchasing an additional 15,885 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of Robinhood Markets in the 2nd quarter valued at approximately $5,105,000. Federated Hermes Inc. lifted its stake in shares of Robinhood Markets by 106.2% in the 2nd quarter. Federated Hermes Inc. now owns 63,957 shares of the company's stock valued at $5,988,000 after purchasing an additional 32,933 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Robinhood Markets by 19.1% in the 2nd quarter. NewEdge Advisors LLC now owns 89,676 shares of the company's stock valued at $8,396,000 after purchasing an additional 14,356 shares during the period. Finally, Nebula Research & Development LLC purchased a new position in shares of Robinhood Markets in the 2nd quarter valued at approximately $1,316,000. Hedge funds and other institutional investors own 93.27% of the company's stock.

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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