Robinhood Markets, Inc.

Robinhood Markets, Inc. Stock Forecast & Price Prediction

Live Robinhood Markets, Inc. Stock (HOOD) Price
$37.54

17

Ratings

  • Buy 9
  • Hold 7
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$37.54

P/E Ratio

63.19

Volume Traded Today

$13.4M

Dividend

Dividends not available for HOOD

52 Week High/low

39.74/9.33

Robinhood Markets, Inc. Market Cap

$32.40B

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HOOD Summary

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.

HOOD Analyst Ratings

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.

HOOD stock forecast by analyst

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

HOOD Company Information

What They Do: Operates a financial services platform for investing.

Business Model: The company generates revenue through various financial services including trading commissions, interest on margin loans, and fees from premium subscription services. It allows users to invest in a wide array of assets such as stocks, ETFs, and cryptocurrencies, while also offering educational resources to empower new investors.

Other Information: Founded in 2013 and headquartered in Menlo Park, California, the company provides features like fractional trading and instant withdrawals. It also emphasizes education with resources like Snacks and Learn to help users understand investing fundamentals and market dynamics.
HOOD
Robinhood Markets, Inc. (HOOD)

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

Robinhood Markets, Inc. (HOOD) Financial Data

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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$1.87B

0.00 %
From Previous Year
  • Revenue TTM $2.41B
  • Operating Margin TTM 25.7%
  • Gross profit TTM $1.11B
  • Return on assets TTM 1.5%
  • Return on equity TTM 7.6%
  • Profit Margin 21.8%
  • Book Value Per Share 8.16%
  • Market capitalisation $32.40B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $1.87B
  • EPS this year (TTM) $0.58

Robinhood Markets, Inc. (HOOD) Latest News

News Image

Wed, 27 Nov 2024

Sentiment - POSITIVE

Source - Invezz

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.

News Image

Tue, 26 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 26 Nov 2024

Sentiment - NEGATIVE

Source - Barrons

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.

News Image

Mon, 25 Nov 2024

Sentiment - POSITIVE

Source - Investopedia

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.

News Image

Mon, 25 Nov 2024

Sentiment - POSITIVE

Source - Investopedia

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.

News Image

Mon, 25 Nov 2024

Sentiment - POSITIVE

Source - Investors Business Daily

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.

...

HOOD Frequently asked questions

The highest forecasted price for HOOD is $51 from Mahika Sapra at Bernstein.

The lowest forecasted price for HOOD is $20 from Dan Dolev from Mizuho

The HOOD analyst ratings consensus are 9 buy ratings, 7 hold ratings, and 1 sell ratings.