From what 17 stock analysts predict, the share price for Robinhood Markets, Inc. (HOOD) might increase by 17.14% in the next year. This is based on a 12-month average estimation for HOOD. Price targets go from $20 to $60. The majority of stock analysts believe HOOD is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 17 Wall Street analysts have assigned HOOD 12 buy ratings, 4 hold ratings, and 1 sell ratings. This means that analysts expect Robinhood Markets, Inc. to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on HOOD. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of HOOD.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
John Todaro Needham | Buy | $52 | Reiterates | Dec 9, 2024 |
Benjamin Budish Barclays | Overweight | $49 | Upgrade | Dec 9, 2024 |
Will Nance Goldman Sachs | Buy | $46 | Upgrade | Dec 6, 2024 |
Patrick Moley Piper Sandler | Overweight | $54 | Reiterates | Dec 5, 2024 |
Brian Bedell Deutsche Bank | Buy | $42 | Maintains | Dec 5, 2024 |
Alex Markgraff Keybanc | Overweight | $47 | Maintains | Dec 5, 2024 |
Patrick Moley Piper Sandler | Overweight | $42 | Maintains | Dec 2, 2024 |
Will Nance Goldman Sachs | Neutral | $40 | Maintains | Dec 2, 2024 |
Michael Cyprys Morgan Stanley | Overweight | $55 | Upgrade | Nov 25, 2024 |
Mahika Sapra Bernstein | Outperform | $51 | Maintains | Nov 20, 2024 |
Patrick Moley Piper Sandler | Overweight | $36 | Maintains | Nov 18, 2024 |
John Todaro Needham | Buy | $40 | Upgrade | Nov 18, 2024 |
Brian Bedell Deutsche Bank | Buy | $35 | Maintains | Nov 14, 2024 |
Devin Ryan JMP Securities | Market Outperform | $40 | Maintains | Nov 12, 2024 |
Brian Bedell Deutsche Bank | Buy | $32 | Maintains | Nov 11, 2024 |
Michael Cyprys Morgan Stanley | Equal-Weight | $24 | Maintains | Nov 11, 2024 |
Will Nance Goldman Sachs | Neutral | $25 | Maintains | Nov 4, 2024 |
Will Nance Goldman Sachs | Neutral | $22 | Maintains | Nov 1, 2024 |
Devin Ryan JMP Securities | Market Outperform | $33 | Maintains | Oct 31, 2024 |
John Todaro Needham | Hold | Reiterates | Oct 31, 2024 |
When did it IPO
N/A
Staff Count
2,200
Country
United States
Sector/Industry
Financial Services/Capital Markets
CEO
Mr. Vladimir Tenev
Market Cap
$33.03B
In 2023, HOOD generated $1.87B in revenue, which was a increase of 37.33% from the previous year. This can be seen as a signal that HOOD's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Barclays upgraded Robinhood and Schwab to overweight from equal-weight, citing a positive trading environment expected in 2025.
Why It Matters - Barclays' upgrade indicates confidence in Robinhood and Schwab's growth potential, suggesting improved trading conditions that could boost their stock performance in 2025.
Summary - Robinhood CEO Vlad Tenev discussed bitcoin's rally, Fed Chair Powell's views on crypto, Trump's SEC pick, Robinhood's investor day, and a potential entry into sports betting.
Why It Matters - Insights from the Robinhood CEO on bitcoin, regulatory changes, and new ventures signal potential market shifts, influencing investor sentiment and strategy in crypto and fintech sectors.
Summary - Robinhood CEO Vlad Tenev expressed optimism about future cryptocurrency regulation and Bitcoin's record highs, emphasizing crypto trading as a significant technology layer.
Why It Matters - Optimism around cryptocurrency regulation and Bitcoin's highs can signal increased market stability, potentially attracting more investors and impacting asset valuations.
Summary - Robinhood CEO Vlad Tenev expresses optimism about the incoming Trump administration's understanding of Bitcoin and crypto, suggesting potential for a Bitcoin strategic reserve.
Why It Matters - CEO Vlad Tenev's optimism about the Trump administration's stance on Bitcoin suggests potential regulatory support, which could boost cryptocurrency market confidence and valuations.
Summary - Robinhood Markets Inc (NASDAQ: HOOD) reached a multi-year high as Bitcoin surpassed $100,000. Its shares last exceeded $40 in late 2021.
Why It Matters - Robinhood's stock surge reflects growing investor confidence linked to rising Bitcoin prices, potentially boosting trading volume and revenue for the company.
Summary - Robinhood reported significant growth in assets under custody and deposits in November, indicating strong operational momentum for the company.
Why It Matters - Robinhood's growth in assets under custody and deposits signals strong operational performance, potentially boosting investor confidence and enhancing the stock's appeal.