From what 17 stock analysts predict, the share price for Robinhood Markets, Inc. (HOOD) might decrease by 18.99% in the next year. This is based on a 12-month average estimation for HOOD. Price targets go from $20 to $51. 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 9 buy ratings, 7 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 |
---|---|---|---|---|
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 |
Benjamin Budish Barclays | Equal-Weight | $26 | Maintains | Oct 31, 2024 |
John Todaro Needham | Hold | Reiterates | Oct 31, 2024 | |
Devin Ryan JMP Securities | Market Outperform | $33 | Maintains | Oct 31, 2024 |
Patrick Moley Piper Sandler | Overweight | $30 | Maintains | Oct 21, 2024 |
Alex Markgraff Keybanc | Overweight | $30 | Maintains | Oct 21, 2024 |
Michael Cyprys Morgan Stanley | Equal-Weight | $22 | Maintains | Oct 17, 2024 |
Kenneth Worthington JP Morgan | Underweight | $21 | Maintains | Oct 17, 2024 |
Will Nance Goldman Sachs | Neutral | $25 | Maintains | Oct 14, 2024 |
Patrick Moley Piper Sandler | Overweight | $27 | Maintains | Oct 8, 2024 |
Benjamin Budish Barclays | Equal-Weight | $23 | Maintains | Oct 7, 2024 |
Brian Bedell Deutsche Bank | Buy | $27 | Maintains | Sep 30, 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
$32.40B
In 2023, HOOD generated $1.87B in revenue, which was a increase of 0.00% 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 - Robinhood's stock (HOOD) has surged since 2023, peaking at $39.70, the highest since October 2021, with a market cap exceeding $33 billion, driven by strong equity and crypto performance.
Why It Matters - Robinhood's soaring stock price and market cap signal strong investor confidence, driven by favorable market conditions in equities and cryptocurrencies, potentially attracting more investment interest.
Summary - Robinhood's stock has increased over 50% since November 5, benefiting from the post-election rally. Investors should consider timing before making a purchase.
Why It Matters - Robinhood's 50% surge post-election reflects strong market sentiment, indicating potential growth and volatility, which are key factors for investment decisions.
Summary - Bitcoin's inability to surpass $100,000 is negatively impacting crypto-related stocks as of Tuesday.
Why It Matters - Bitcoin's inability to surpass $100,000 may signal weakening investor confidence, negatively impacting crypto-related stocks and indicating broader market sentiment.
Summary - Robinhood Markets (HOOD) shares rose following a Morgan Stanley upgrade, which more than doubled its price target, citing the company's potential benefits from the presidential election results.
Why It Matters - Morgan Stanley's upgrade and increased price target for Robinhood suggest strong future performance, reflecting confidence in the company's growth potential post-election, influencing investor sentiment.
Summary - Morgan Stanley upgraded Robinhood Markets (HOOD) and raised its price target, citing the company's favorable position to benefit from the upcoming U.S. presidential election.
Why It Matters - Morgan Stanley's upgrade and raised price target for Robinhood suggest increased investor confidence, indicating potential growth and profitability linked to political developments.
Summary - Robinhood's stock rose following an analyst upgrade, citing potential revenue growth from upcoming U.S. elections and business expansion opportunities.
Why It Matters - Robinhood's stock surge indicates increased confidence in its growth potential, driven by favorable market conditions and strategic expansion, which could enhance future earnings.