Robinhood Markets (NASDAQ:HOOD) Trading Up 11.2% After Analyst Upgrade

Robinhood Markets, Inc. (NASDAQ:HOOD) shares traded up 11.2% on Friday after Mizuho raised their price target on the stock from $110.00 to $115.00. Mizuho currently has an outperform rating on the stock. Robinhood Markets traded as high as $94.40 and last traded at $94.30. 63,708,253 shares changed hands during mid-day trading, an increase of 114% from the average session volume of 29,726,736 shares. The stock had previously closed at $84.84.

A number of other brokerages have also commented on HOOD. Citigroup reissued a “market outperform” rating on shares of Robinhood Markets in a report on Thursday. New Street Research set a $122.00 price objective on shares of Robinhood Markets in a report on Thursday, March 5th. Loop Capital set a $94.00 target price on shares of Robinhood Markets in a research report on Wednesday. KeyCorp reduced their target price on Robinhood Markets from $120.00 to $110.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 21st. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $155.00 price target on shares of Robinhood Markets in a research note on Thursday. Nineteen investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $106.38.

Insider Buying and Selling at Robinhood Markets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $76.89, for a total value of $768,900.00. Following the transaction, the insider directly owned 432,849 shares of the company’s stock, valued at $33,281,759.61. The trade was a 2.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $69.85, for a total value of $407,574.75. Following the completion of the sale, the chief technology officer owned 18,006 shares of the company’s stock, valued at $1,257,719.10. The trade was a 24.47% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 560,765 shares of company stock worth $40,946,840 over the last quarter. Company insiders own 14.47% of the company’s stock.

Trending Headlines about Robinhood Markets

Here are the key news stories impacting Robinhood Markets this week:

• Positive Sentiment: Robinhood’s rollout of agentic AI tools for trading and credit card spending is being viewed as a new growth catalyst that could expand engagement, wallet share, and monetization opportunities. Robinhood stock is surging — and bitcoin isn’t the reason this time
• Positive Sentiment: The official Trump Accounts app has launched, and the partnership could bring Robinhood millions of new future users as children’s starter investment accounts open to contributions on July 4. Robinhood stock gains after Trump Accounts app launches
• Positive Sentiment: Analyst sentiment is improving, with Mizuho raising its price target and other Wall Street firms reiterating bullish views, which is helping reinforce the stock’s upward momentum. Mizuho price target raise
• Positive Sentiment: Retail trading chatter and options activity have surged, suggesting traders are betting on continued upside in HOOD. Stock Traders Purchase Large Volume of Call Options on Robinhood Markets
• Neutral Sentiment: Robinhood management remains focused on long-term expansion into prediction markets, the Gold card, and a broader financial ecosystem, which supports the growth story but does not provide an immediate earnings boost. Robinhood CFO Shiv Verma on Q1 earnings, prediction markets and growth
• Neutral Sentiment: Some coverage notes that HOOD remains expensive after its big 2025 run, and that weaker crypto-related activity could limit upside if new initiatives do not offset that drag. HOOD Stock Retreats After 2025 Rally: Should You Stay Invested?

Institutional Investors Weigh In On Robinhood Markets

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Robinhood Markets by 24.9% during the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock worth $13,521,497,000 after purchasing an additional 18,824,923 shares during the period. State Street Corp increased its holdings in Robinhood Markets by 103.2% during the 3rd quarter. State Street Corp now owns 32,246,155 shares of the company’s stock valued at $4,617,004,000 after purchasing an additional 16,375,734 shares during the period. Norges Bank purchased a new position in Robinhood Markets during the 4th quarter valued at about $1,202,160,000. Amundi raised its position in Robinhood Markets by 89.0% during the 1st quarter. Amundi now owns 6,385,232 shares of the company’s stock valued at $442,497,000 after purchasing an additional 3,007,103 shares during the last quarter. Finally, Corient Private Wealth LLC raised its position in Robinhood Markets by 5,221.4% during the 4th quarter. Corient Private Wealth LLC now owns 2,559,848 shares of the company’s stock valued at $289,519,000 after purchasing an additional 2,511,743 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.

Robinhood Markets Trading Up 11.2%

The firm has a fifty day simple moving average of $76.24 and a two-hundred day simple moving average of $94.51. The firm has a market cap of $84.92 billion, a PE ratio of 45.56, a PEG ratio of 2.38 and a beta of 2.29.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.Robinhood Markets’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.37 earnings per share. Equities analysts expect that Robinhood Markets, Inc. will post 1.83 earnings per share for the current fiscal year.

Robinhood Markets Company Profile

Robinhood Markets, Inc (NASDAQ: HOOD) is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to “democratize finance for all.” Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.

Robinhood’s core products and services include a mobile app and web platform for trading U.S.