Robinhood Markets (NASDAQ:HOOD) Trading Up 11.2% After Analyst Upgrade

Key Points

• Robinhood Markets jumped 11.2% after Mizuho raised its price target from $110 to $115 and kept an outperform rating. The stock briefly hit $94.40 as trading volume more than doubled the average session volume.
• Analyst sentiment remains broadly positive, with multiple firms reiterating bullish views and the overall consensus still at a Moderate Buy. MarketBeat data shows 19 Buy ratings versus four Holds and two Sells, with a consensus price target of $106.38.
• Recent company activity and coverage point to continued investor interest, including heavy insider selling over the past 90 days and growing hedge fund ownership. Robinhood’s latest quarter showed revenue growth of 15.1% year over year, though EPS and revenue both missed estimates.

Robinhood Markets, Inc. (NASDAQ:HOOD - Get Free Report) traded up 11.2% during trading on Friday after Mizuho raised their price target on the stock from $110.00 to $115.00. Mizuho currently has an outperform rating on the stock. Robinhood Markets traded as high as $94.40 and last traded at $94.30. 63,708,253 shares were traded during trading, an increase of 114% from the average session volume of 29,726,736 shares. The stock had previously closed at $84.84.

A number of other analysts also recently issued reports on HOOD. Compass Point restated a "buy" rating on shares of Robinhood Markets in a report on Wednesday, February 11th. Keefe, Bruyette & Woods dropped their target price on shares of Robinhood Markets from $75.00 to $65.00 and set a "market perform" rating on the stock in a research note on Wednesday, April 29th. Loop Capital set a $94.00 target price on shares of Robinhood Markets in a research report on Wednesday. Citizens Jmp restated a "market outperform" rating and set a $155.00 price target on shares of Robinhood Markets in a research note on Thursday. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Robinhood Markets in a report on Friday, March 27th. Nineteen equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $106.38.

Insider Transactions at Robinhood Markets

In related news, insider Steven M. Quirk sold 8,540 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $84.93, for a total transaction of $725,302.20. Following the sale, the insider owned 53,183 shares of the company's stock, valued at approximately $4,516,832.19. This represents a 13.84% decrease in their position. 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, CEO Vladimir Tenev sold 375,000 shares of the firm's stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $69.83, for a total value of $26,186,250.00. Following the completion of the transaction, 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 position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 560,765 shares of company stock valued at $40,946,840. 14.47% of the stock is currently owned by company insiders.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Robinhood’s rollout of agentic AI tools for trading and credit card spending is being viewed as a new growth catalyst that could expand engagement, wallet share, and monetization opportunities. Robinhood stock is surging — and bitcoin isn't the reason this time
• Positive Sentiment: The official Trump Accounts app has launched, and the partnership could bring Robinhood millions of new future users as children’s starter investment accounts open to contributions on July 4. Robinhood stock gains after Trump Accounts app launches
• Positive Sentiment: Analyst sentiment is improving, with Mizuho raising its price target and other Wall Street firms reiterating bullish views, which is helping reinforce the stock’s upward momentum. Mizuho price target raise
• Positive Sentiment: Retail trading chatter and options activity have surged, suggesting traders are betting on continued upside in HOOD. Stock Traders Purchase Large Volume of Call Options on Robinhood Markets
• Neutral Sentiment: Robinhood management remains focused on long-term expansion into prediction markets, the Gold card, and a broader financial ecosystem, which supports the growth story but does not provide an immediate earnings boost. Robinhood CFO Shiv Verma on Q1 earnings, prediction markets and growth
• Neutral Sentiment: Some coverage notes that HOOD remains expensive after its big 2025 run, and that weaker crypto-related activity could limit upside if new initiatives do not offset that drag. HOOD Stock Retreats After 2025 Rally: Should You Stay Invested?

Hedge Funds Weigh In On Robinhood Markets

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

Robinhood Markets Price Performance

The company has a market cap of $84.92 billion, a P/E ratio of 45.56, a price-to-earnings-growth ratio of 2.38 and a beta of 2.29. The company has a 50 day moving average of $76.24 and a 200-day moving average of $94.51.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $1.14 billion. During the same quarter in the prior year, the company earned $0.37 earnings per share. Robinhood Markets's revenue was up 15.1% compared to the same quarter last year. Research analysts anticipate that Robinhood Markets, Inc. will post 1.83 EPS for the current year.

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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