Robinhood Markets (HOOD) Stock Price, News & Analysis

$17.31
-0.31 (-1.76%)
(As of 04/24/2024 ET)
Today's Range
$17.08
$17.89
50-Day Range
$13.42
$20.13
52-Week Range
$7.91
$20.55
Volume
6.73 million shs
Average Volume
14.45 million shs
Market Capitalization
$15.14 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.88

Robinhood Markets MarketRank™ Stock Analysis

Analyst Rating
Hold
2.07 Rating Score
Upside/​Downside
9.1% Upside
$18.88 Price Target
Short Interest
Healthy
6.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.38mentions of Robinhood Markets in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$33.78 M Sold Last Quarter
Proj. Earnings Growth
31.03%
From $0.29 to $0.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.87 out of 5 stars

Finance Sector

518th out of 855 stocks

Security Brokers & Dealers Industry

17th out of 27 stocks

HOOD stock logo

About Robinhood Markets Stock (NASDAQ:HOOD)

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. It also provides various learning and education solutions comprise Snacks, an accessible digest of business news stories for a new generation of investors.; Learn, which is an online collection of beginners' guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free, premium news from sites from various sites, such as Barron's, Reuters, and Dow Jones. In addition, the company offers In-App Education, a resource that covers investing fundamentals, including why people invest, a stock market overview, and tips on how to define investing goals, as well as allows customers to understand the basics of investing before their first trade; and Crypto Learn and Earn, an educational module available to various crypto customers through Robinhood Learn to teach customers the basics related to cryptocurrency. Further, it provides Robinhood credit cards, cash card and spending accounts, and wallets. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.

HOOD Stock Price History

HOOD Stock News Headlines

Charles Schwab Fortifies its Uptrend on EPS Beat
Retail financial services giant The Charles Schwab Co. NYSE: SCHW reported its first-quarter 2024 earnings in the wake of the market sell-off. Despite initially gapping down on the results, shares managed to stage a rally back up towards 52-week highs at $73.88.
Charles Schwab Fortifies its Uptrend on EPS Beat (HOOD)
Retail financial services giant The Charles Schwab Co. (NYSE: SCHW) reported its first-quarter 2024 earnings in the wake of the market sell-off.
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Robinhood's Credit Card Has Call Option Buyers Coming in Hot
Discount brokerages are here to stay, and Robinhood Markets Inc. NASDAQ: HOOD is one of the few that has earned the public's heart, not to mention its capital. The company keeps adding new features to its platform, which was once considered for amateurs only.
Robinhood’s Credit Card Has Call Option Buyers Coming in Hot (HOOD)
Robinhood stock could see higher prices ahead, as markets think its newest credit card product line can attract double-digit EPS growth in the coming quarters
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Robinhood Gold Card Review 2024
Robinhood Introduces its First Credit Card
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security brokers & dealers
Sub-Industry
N/A
Current Symbol
NASDAQ:HOOD
Fax
N/A
Employees
2,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.88
High Stock Price Target
$30.00
Low Stock Price Target
$9.50
Potential Upside/Downside
+9.1%
Consensus Rating
Hold
Rating Score (0-4)
2.07
Research Coverage
14 Analysts

Profitability

Net Income
$-541,000,000.00
Pretax Margin
-28.58%

Debt

Sales & Book Value

Annual Sales
$1.87 billion
Book Value
$7.68 per share

Miscellaneous

Free Float
692,554,000
Market Cap
$15.14 billion
Optionable
Optionable
Beta
1.69
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Key Executives


HOOD Stock Analysis - Frequently Asked Questions

Should I buy or sell Robinhood Markets stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Robinhood Markets in the last twelve months. There are currently 3 sell ratings, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HOOD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HOOD, but not buy additional shares or sell existing shares.
View HOOD analyst ratings
or view top-rated stocks.

What is Robinhood Markets' stock price target for 2024?

14 Wall Street research analysts have issued twelve-month price objectives for Robinhood Markets' shares. Their HOOD share price targets range from $9.50 to $30.00. On average, they anticipate the company's stock price to reach $18.88 in the next year. This suggests a possible upside of 9.1% from the stock's current price.
View analysts price targets for HOOD
or view top-rated stocks among Wall Street analysts.

How have HOOD shares performed in 2024?

Robinhood Markets' stock was trading at $12.74 at the start of the year. Since then, HOOD shares have increased by 35.9% and is now trading at $17.31.
View the best growth stocks for 2024 here
.

Are investors shorting Robinhood Markets?

Robinhood Markets saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 30,050,000 shares, a decrease of 6.7% from the March 15th total of 32,200,000 shares. Based on an average trading volume of 15,420,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 6.9% of the shares of the stock are short sold.
View Robinhood Markets' Short Interest
.

When is Robinhood Markets' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our HOOD earnings forecast
.

How can I listen to Robinhood Markets' earnings call?

Robinhood Markets will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Robinhood Markets' earnings last quarter?

Robinhood Markets, Inc. (NASDAQ:HOOD) posted its quarterly earnings results on Tuesday, February, 13th. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.04. The business had revenue of $471 million for the quarter, compared to analyst estimates of $454.73 million. Robinhood Markets had a negative net margin of 29.01% and a negative trailing twelve-month return on equity of 7.87%. The firm's quarterly revenue was up 23.9% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.19) earnings per share.

When did Robinhood Markets IPO?

Robinhood Markets (HOOD) raised $2.2 billion in an initial public offering (IPO) on Thursday, July 29th 2021. The company issued 55,000,000 shares at a price of $38.00-$42.00 per share. Goldman Sachs, J.P. Morgan, Barclays, Citigroup and Wells Fargo Securities served as the underwriters for the IPO and Mizuho Securities, JMP Securities, Piper Sandler, KeyBanc Capital Markets, Rosenblatt Securities, BMO Capital Markets, BTIG, Santander, Academy Securities, Loop Capital Markets, Ramirez & Co. and Siebert Williams Shank were co-managers.

Who are Robinhood Markets' major shareholders?

Robinhood Markets' stock is owned by many different retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (2.99%), TB Alternative Assets Ltd. (0.15%), IMC Chicago LLC (0.00%), Renaissance Capital LLC (0.05%), Shikiar Asset Management Inc. (0.02%) and Banque Cantonale Vaudoise (0.01%). Insiders that own company stock include Aparna Chennapragada, Baiju Bhatt, Daniel Martin Gallagher Jr, Gretchen Howard, Jason Warnick, Scott D Sandell, Steven M Quirk and Vladimir Tenev.
View institutional ownership trends
.

How do I buy shares of Robinhood Markets?

Shares of HOOD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HOOD) was last updated on 4/25/2024 by MarketBeat.com Staff

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