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Robinhood Markets (HOOD) Stock Price, News & Analysis

$21.20
+0.02 (+0.09%)
(As of 07/26/2024 ET)
Today's Range
$21.13
$21.99
50-Day Range
$19.24
$24.63
52-Week Range
$7.91
$24.88
Volume
8.34 million shs
Average Volume
15.84 million shs
Market Capitalization
$18.63 billion
P/E Ratio
141.33
Dividend Yield
N/A
Price Target
$21.23

Robinhood Markets MarketRank™ Stock Analysis

Analyst Rating
Hold
2.19 Rating Score
Upside/​Downside
0.2% Upside
$21.23 Price Target
Short Interest
Healthy
5.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.75mentions of Robinhood Markets in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$29.43 M Sold Last Quarter
Proj. Earnings Growth
10.53%
From $0.57 to $0.63 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.

2.62 out of 5 stars

Finance Sector

626th out of 898 stocks

Security Brokers & Dealers Industry

18th out of 26 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 building
Is This Financial Stock a Bargain Buy After Recent Pullback? (HOOD)
Retail financial services firm Charles Schwab Co. (NYSE: SCHW) shares fell 17% in the days following its Q2 2024 earnings report. The company still beat EPS
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Digital Finance's Rising Star: Why This Stock is Gaining Momentum (HOOD)
Ally Financial Inc. (NYSE: ALLY) is a digital financial services company offering a range of financial products to consumers and businesses. The company
625,000% Gain
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Financial markets news icon
Amazon, Macy's rise; Robinhood Markets, APA fall, Friday, 7/5/2024
Stocks that traded heavily or had substantial price changes on Friday: Amazon, Macy’s rise; Robinhood Markets, APA fall
625,000% Gain
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3 Nasdaq Stocks to Buy Now: Q3 Edition
Robinhood Markets (NASDAQ:HOOD) Price Target Raised to $25.00
7 Innovative Tech Stocks to Buy Before It's Too Late
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$21.23
High Stock Price Target
$30.00
Low Stock Price Target
$9.50
Potential Upside/Downside
+0.2%
Consensus Rating
Hold
Rating Score (0-4)
2.19
Research Coverage
16 Analysts

Profitability

Net Income
$-541,000,000.00
Pretax Margin
6.76%

Debt

Sales & Book Value

Annual Sales
$2.04 billion
Book Value
$7.68 per share

Miscellaneous

Free Float
703,508,000
Market Cap
$18.63 billion
Optionable
Optionable
Beta
1.84
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HOOD Stock Analysis - Frequently Asked Questions

How have HOOD shares performed this year?

Robinhood Markets' stock was trading at $12.74 at the beginning of 2024. Since then, HOOD shares have increased by 66.4% and is now trading at $21.20.
View the best growth stocks for 2024 here
.

How were Robinhood Markets' earnings last quarter?

Robinhood Markets, Inc. (NASDAQ:HOOD) posted its earnings results on Wednesday, May, 8th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.13. The firm's revenue was up 40.1% on a year-over-year basis.

When did Robinhood Markets IPO?

Robinhood Markets (HOOD) raised $2.2 billion in an IPO on Thursday, July 29th 2021. The company issued 55,000,000 shares at $38.00-$42.00 per share. Goldman Sachs, J.P. Morgan, Barclays, Citigroup and Wells Fargo Securities acted 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' top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (2.71%), ARK Investment Management LLC (2.18%), Bank of New York Mellon Corp (0.27%) and Railway Pension Investments Ltd (0.22%). Insiders that own company stock include Jason Warnick, Daniel Martin Gallagher Jr, Steven M Quirk, Aparna Chennapragada, Scott D Sandell, Gretchen Howard, Baiju Bhatt 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 7/27/2024 by MarketBeat.com Staff

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