Robinhood Markets (HOOD) Stock Price, News & Analysis

$18.42
+0.40 (+2.22%)
(As of 03:17 PM ET)
Today's Range
$17.57
$18.58
50-Day Range
$16.23
$20.13
52-Week Range
$7.91
$20.55
Volume
15.31 million shs
Average Volume
14.92 million shs
Market Capitalization
$16.11 billion
P/E Ratio
122.80
Dividend Yield
N/A
Price Target
$19.42

Robinhood Markets MarketRank™ Stock Analysis

Analyst Rating
Hold
2.07 Rating Score
Upside/​Downside
6.5% Upside
$19.42 Price Target
Short Interest
Healthy
6.93% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.63mentions of Robinhood Markets in the last 14 days
Based on 77 Articles This Week
Insider Trading
Selling Shares
$41.41 M Sold Last Quarter
Proj. Earnings Growth
7.55%
From $0.53 to $0.57 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.

2.46 out of 5 stars

Finance Sector

535th out of 881 stocks

Security Brokers & Dealers Industry

16th 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

GameStop is Roaring Based on Speculation Not Substance (HOOD)
Trading on GME stock was halted after the stock jumped 110% higher, but the spike is being fueled by fantasy for a short squeeze, not fundamentals
Robinhood Soars: Dissecting a Record-Breaking Q1 2024
Robinhood Markets, Inc. NASDAQ: HOOD is a pioneer in commission-free online trading, and the company has carved a distinct niche within the online brokerage industry. Robinhood Markets provides user-friendly and accessible investment platforms tailored to younger investors.
Robinhood Soars: Dissecting a Record-Breaking Q1 2024
Robinhood's impressive Q1 2024 earnings showcase the company's robust financial performance and strategic growth initiatives.
Robinhood Markets receives SEC notice for alleged securities violations at crypto unit
Robinhood Markets Inc. has received a notice from the Securities and Exchange Commission about alleged securities violations at its crypto division
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.
Robinhood: Q1, Taking Off With Gold
Is Robinhood Stock a Buy?
Robinhood: Untapped Potential, I'm Doubling Down
Robinhood Is Pushing All the Right Buttons
Robinhood up on meme stock awakening as shorted BlackBerry targeted
Renewed GameStop frenzy buoys Reddit, Robinhood stock
What's Going On With Robinhood's Stock?
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
5/15/2024
Next Earnings (Estimated)
8/07/2024
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
$19.42
High Stock Price Target
$30.00
Low Stock Price Target
$9.50
Potential Upside/Downside
+7.8%
Consensus Rating
Hold
Rating Score (0-4)
2.07
Research Coverage
14 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$1.87 billion
Book Value
$7.68 per share

Miscellaneous

Free Float
692,554,000
Market Cap
$15.76 billion
Optionable
Optionable
Beta
1.74
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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 equities 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 equities 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 analysts have issued 1 year price targets for Robinhood Markets' shares. Their HOOD share price targets range from $9.50 to $30.00. On average, they predict the company's share price to reach $19.42 in the next year. This suggests a possible upside of 6.5% 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 on January 1st, 2024. Since then, HOOD shares have increased by 43.2% and is now trading at $18.24.
View the best growth stocks for 2024 here
.

When is Robinhood Markets' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our HOOD earnings forecast
.

How were Robinhood Markets' earnings last quarter?

Robinhood Markets, Inc. (NASDAQ:HOOD) announced its earnings results on Wednesday, May, 8th. The company reported $0.18 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.13. The firm earned $618 million during the quarter, compared to analyst estimates of $552.74 million. Robinhood Markets had a trailing twelve-month return on equity of 1.86% and a net margin of 6.22%. The business's quarterly revenue was up 40.1% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.57) 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 $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' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.50%), Sumitomo Mitsui Trust Holdings Inc. (2.99%), Nikko Asset Management Americas Inc. (2.88%), Simplex Trading LLC (0.00%), Alpine Global Management LLC (0.24%) and Napean Trading & Investment Co Singapore PTE Ltd (0.18%). 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 5/15/2024 by MarketBeat.com Staff

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