Argus Issues Pessimistic Forecast for Robinhood Markets (NASDAQ:HOOD) Stock Price

Robinhood Markets (NASDAQ:HOOD) had its price objective decreased by stock analysts at Argus from $102.00 to $90.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Argus’ price target would suggest a potential upside of 22.18% from the stock’s previous close.

Several other equities analysts have also recently weighed in on the company. Truist Financial lowered their price target on Robinhood Markets from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Citizens Jmp reissued a “market outperform” rating and set a $155.00 price target on shares of Robinhood Markets in a report on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Robinhood Markets in a report on Friday, March 27th. Zacks Research cut Robinhood Markets from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 8th. Finally, Wall Street Zen cut Robinhood Markets from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Eighteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $107.88.

Robinhood Markets Stock Up 1.1%

Robinhood Markets stock opened at $73.66 on Thursday. The company has a market capitalization of $66.32 billion, a P/E ratio of 35.58, a PEG ratio of 2.19 and a beta of 2.29. The stock’s 50 day moving average is $76.22 and its 200 day moving average is $102.62. Robinhood Markets has a twelve month low of $45.56 and a twelve month high of $153.86.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate 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 net margin of 41.12% and a return on equity of 21.39%. The business’s revenue was up 15.1% compared to the same quarter last year. During the same period last year, the company posted $0.37 earnings per share. As a group, equities analysts expect that Robinhood Markets will post 1.95 EPS for the current year.

Insider Activity

In related news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $75.49, for a total value of $754,900.00. Following the completion of the transaction, the insider owned 452,849 shares in the company, valued at approximately $34,185,571.01. This trade represents a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 52,540 shares of Robinhood Markets stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $87.81, for a total value of $4,613,537.40. Following the completion of the transaction, the insider owned 27,564 shares of the company’s stock, valued at approximately $2,420,394.84. This represents a 65.59% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 540,447 shares of company stock valued at $40,159,378. 14.47% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position 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 valued at $13,521,497,000 after buying an additional 18,824,923 shares during the period. State Street Corp boosted its position in shares of Robinhood Markets by 103.2% during the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock valued at $4,617,004,000 after buying an additional 16,375,734 shares during the period. Norges Bank purchased a new position in shares of Robinhood Markets during the fourth quarter valued at approximately $1,202,160,000. Corient Private Wealth LLC boosted its position in shares of Robinhood Markets by 5,221.4% during the fourth quarter. Corient Private Wealth LLC now owns 2,559,848 shares of the company’s stock valued at $289,519,000 after buying an additional 2,511,743 shares during the period. Finally, Jennison Associates LLC purchased a new position in shares of Robinhood Markets during the third quarter valued at approximately $322,823,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Key Robinhood Markets News

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

• Positive Sentiment: Core user and deposit trends look healthy: funded customers, net deposits and record Robinhood Gold subscriptions grew in Q1 and prediction-market activity contributed fee revenue, supporting a longer-term recurring‑revenue story. Q1 Earnings Call Summary
• Positive Sentiment: Prediction markets momentum: management said prediction-market fees overtook crypto in the quarter, which can diversify revenue away from volatile crypto swings. Earnings Video
• Positive Sentiment: International expansion progress — in‑principle regulatory approval in Singapore supports TAM expansion outside the U.S. if it converts to live revenues. Singapore Article
• Neutral Sentiment: Executive insider selling was disclosed (CTO sold shares under a pre‑arranged 10b5‑1 plan); procedural but watched by investors. SEC Form 4
• Neutral Sentiment: Some brokers still bullish even as targets shift — Cantor Fitzgerald reaffirmed an Overweight rating while Argus trimmed its price target but kept a Buy, leaving the sell‑side split on near‑term valuation. Cantor Fitzgerald Article Argus/Ticker Report
• Negative Sentiment: Q1 misses: revenue (~$1.07B) and EPS (reported $0.38) came in below consensus, triggering a sharp share pullback as investors re‑price near‑term growth and margin assumptions. Earnings Call Summary
• Negative Sentiment: Crypto revenue plunge was the primary driver of the top‑line shortfall, highlighting ongoing sensitivity to crypto market volatility. Investopedia Crypto Article
• Negative Sentiment: Higher operating expenses and a disclosed ~18% expense increase (including a ~$100M initiative) could pressure near‑term margins even as the company invests in growth. Yahoo Finance: Expenses
• Negative Sentiment: Growing analyst pessimism and target cuts (Barclays, Needham and others lowering targets or tone) amplify downside risk until revenue mix and margin trends stabilize. Barclays Reset Needham Note
• Negative Sentiment: New report flags a government-related deal that has turned sour, which could dent expected revenue or partnerships if material. AOL Article

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.