Robinhood Markets Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Robinhood Markets in the last year. There are currently 1 sell rating, 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Robinhood Markets stock. 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.
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Robinhood Markets is scheduled to release its next quarterly earnings announcement on Wednesday, November 17th 2021.
View our earnings forecast for Robinhood Markets.

Robinhood Markets, Inc. (NASDAQ:HOOD) announced its quarterly earnings data on Tuesday, August, 17th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.08 by $0.03. The business had revenue of $565 million for the quarter, compared to the consensus estimate of $559.55 million. The company's revenue was up 131.6% compared to the same quarter last year.
View Robinhood Markets' earnings history.

13 Wall Street analysts have issued twelve-month price objectives for Robinhood Markets' shares. Their forecasts range from $35.00 to $68.00. On average, they anticipate Robinhood Markets' share price to reach $52.33 in the next year. This suggests a possible upside of 23.5% from the stock's current price.
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Some companies that are related to Robinhood Markets include BlackRock (BLK), The Goldman Sachs Group (GS), The Charles Schwab (SCHW), Credit Suisse Group (CS), Interactive Brokers Group (IBKR), Raymond James (RJF), MarketAxess (MKTX), Nomura (NMR), Futu (FUTU), Jefferies Financial Group (JEF), SEI Investments (SEIC), Stifel Financial (SF), Virtu Financial (VIRT), Navient (NAVI) and Freedom (FRHC).
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(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 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.

Robinhood Markets trades on the NASDAQ under the ticker symbol "HOOD."

Robinhood Markets' quiet period expired on Tuesday, September 7th. Robinhood Markets had issued 55,000,000 shares in its IPO on July 29th. The total size of the offering was $2,090,000,000 based on an initial share price of $38.00. During the company's quiet period, insiders and underwriters involved in the IPO were restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

Shares of HOOD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HOOD stock can currently be purchased for approximately $42.38.

Robinhood Markets has a market capitalization of $36.25 billion and generates $958.83 million in revenue each year.

Robinhood Markets employs 2,100 workers across the globe.

The official website for Robinhood Markets is www.robinhood.com.

Robinhood Markets is headquartered at 85 Willow Road, Menlo Park, CA 94025, United States.

Robinhood Markets' mailing address is 85 Willow Road, Menlo Park, CA 94025, United States. The company can be reached via phone at 844-428-5411 or via email at [email protected].