Robinhood Markets (HOOD) Stock Price, News & Analysis

$17.19
+0.56 (+3.37%)
(As of 04/22/2024 ET)
Today's Range
$16.67
$17.35
50-Day Range
$11.84
$20.13
52-Week Range
$7.91
$20.55
Volume
7.40 million shs
Average Volume
14.64 million shs
Market Capitalization
$15.03 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
0.50mentions of Robinhood Markets in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$33.50 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.

2.70 out of 5 stars

Finance Sector

420th out of 850 stocks

Security Brokers & Dealers Industry

17th out of 28 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

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.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Robinhood Introduces its First Credit Card
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
4/22/2024
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
+9.9%
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
$15.03 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 analysts have issued "buy," "hold," and "sell" ratings for Robinhood Markets in the last year. There are currently 3 sell ratings, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 brokers have issued 12-month price objectives for Robinhood Markets' stock. Their HOOD share price targets range from $9.50 to $30.00. On average, they expect 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 decline in short interest during the month of March. As of March 31st, there was short interest totaling 30,050,000 shares, a decline of 6.7% from the March 15th total of 32,200,000 shares. Based on an average daily volume of 15,420,000 shares, the short-interest ratio is currently 1.9 days. Approximately 6.9% of the shares of the company are sold short.
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) issued its quarterly earnings data on Tuesday, February, 13th. The company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.04. The firm had revenue of $471 million for the quarter, compared to analysts' expectations of $454.73 million. Robinhood Markets had a negative trailing twelve-month return on equity of 7.87% and a negative net margin of 29.01%. Robinhood Markets's quarterly revenue was up 23.9% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.19) EPS.

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 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 4/22/2024 by MarketBeat.com Staff

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