From what 0 stock analysts predict, the share price for Robinhood Markets, Inc. (HOOD) might increase by 9.52% in the next year. This is based on a 12-month average estimation for HOOD. Price targets go from $19.5 to $33. The majority of stock analysts believe HOOD is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned HOOD 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Robinhood Markets, Inc. to perform worse than 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 |
---|---|---|---|---|
Brian Bedell Deutsche Bank | Buy | $27 | Maintains | Sep 30, 2024 |
Christopher Allen Citigroup | Neutral | $23 | Maintains | Sep 27, 2024 |
Patrick Moley Piper Sandler | Overweight | $27 | Maintains | Sep 19, 2024 |
Benjamin Budish Barclays | Equal-Weight | $20 | Upgrade | Sep 6, 2024 |
Brian Bedell Deutsche Bank | Buy | $24 | Upgrade | Aug 15, 2024 |
Michael Cyprys Morgan Stanley | Equal-Weight | $21 | Maintains | Aug 14, 2024 |
Patrick Moley Piper Sandler | Overweight | $23 | Upgrade | Aug 12, 2024 |
Craig Siegenthaler B of A Securities | Buy | $32 | Maintains | Aug 12, 2024 |
Benjamin Budish Barclays | Underweight | $18 | Maintains | Aug 12, 2024 |
Kenneth Worthington JP Morgan | Underweight | $17 | Maintains | Aug 8, 2024 |
John Todaro Needham | Hold | Reiterates | Aug 8, 2024 | |
Kyle Voigt Keefe, Bruyette & Woods | Market Perform | $22 | Maintains | Aug 8, 2024 |
Christopher Allen Citigroup | Neutral | $19 | Maintains | Aug 8, 2024 |
Devin Ryan JMP Securities | Market Outperform | $30 | Reiterates | Aug 8, 2024 |
Patrick Moley Piper Sandler | Neutral | $20 | Maintains | Aug 8, 2024 |
Christopher Allen Citigroup | Neutral | $18 | Upgrade | Aug 5, 2024 |
Alex Markgraff Keybanc | Overweight | $25 | Maintains | Jul 19, 2024 |
Will Nance Goldman Sachs | Neutral | $21 | Maintains | Jul 11, 2024 |
Benjamin Budish Barclays | Underweight | $20 | Maintains | Jul 10, 2024 |
Patrick Moley Piper Sandler | Neutral | $20 | Maintains | Jul 9, 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
$20.25B
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 - Identifying undervalued growth stocks is challenging in the current bull market conditions.
Why It Matters - A bull market can inflate stock prices, making it harder to identify undervalued growth opportunities, potentially leading to missed investment gains or overpaying for stocks.
Summary - Top Wall Street analysts have revised their outlook on key stocks. For detailed information on all rating changes, visit the analyst ratings page.
Why It Matters - Analyst rating changes signal shifting market sentiment, potentially impacting stock prices and investment strategies for affected companies.
Summary - The Federal Reserve has lowered interest rates, raising concerns about potential impacts on Robinhood's revenue growth and stock performance.
Why It Matters - A Fed rate cut could reduce borrowing costs, impacting trading volumes and commissions on platforms like Robinhood, potentially affecting revenue growth and stock performance.
Summary - Robinhood's trading platform attracts young investors, but its core business has faced challenges since 2021. Revenue growth has largely stemmed from high interest rates since 2022.
Why It Matters - Robinhood's reliance on high interest rates for revenue highlights potential vulnerability. Ongoing struggles in its core business may impact future profitability and stock performance.
Summary - Zacks.com users are increasingly focused on Robinhood Markets (HOOD), indicating potential interest and activity around the stock.
Why It Matters - Increased interest in Robinhood Markets (HOOD) suggests potential volatility and trading opportunities, impacting stock performance and investor sentiment.
Summary - Robinhood Markets, Inc. (HOOD) closed at $22.39, down 1.67% from the previous day's close.
Why It Matters - A decline in Robinhood's stock price may indicate negative market sentiment, impacting investor confidence and potentially affecting future trading volumes and revenues.