Robinhood Markets’ (HOOD) “Buy” Rating Reiterated at BTIG Research

BTIG Research reaffirmed their buy rating on shares of Robinhood Markets (NASDAQ:HOOD) in a report issued on Wednesday morning,Benzinga reports. BTIG Research currently has a $135.00 target price on the stock.

A number of other research firms have also weighed in on HOOD. Evercore started coverage on Robinhood Markets in a report on Monday, October 12th. They set an “outperform” rating and a $130.00 target price for the company. Bank of America upped their price target on Robinhood Markets from $140.00 to $156.00 and gave the company a “buy” rating in a research report on Monday, October 5th. Cantor Fitzgerald reissued an “overweight” rating on shares of Robinhood Markets in a report on Tuesday, September 15th. Zacks Research upgraded shares of Robinhood Markets from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 3rd. Finally, Needham & Company LLC raised their price objective on shares of Robinhood Markets from $123.00 to $126.00 and gave the company a “buy” rating in a research report on Wednesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Robinhood Markets currently has a consensus rating of “Moderate Buy” and a consensus target price of $127.39.

Robinhood Markets Price Performance

Shares of NASDAQ HOOD opened at $84.99 on Wednesday. The stock has a market cap of $76.41 billion, a PE ratio of 39.17, a price-to-earnings-growth ratio of 1.95 and a beta of 2.35. Robinhood Markets has a fifty-two week low of $63.51 and a fifty-two week high of $150.47. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.22 and a current ratio of 1.24. The stock has a fifty day moving average of $108.49 and a 200-day moving average of $93.04.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.04. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.44 billion. Robinhood Markets had a return on equity of 21.49% and a net margin of 39.04%. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.61 EPS. Equities research analysts anticipate that Robinhood Markets will post 2.15 earnings per share for the current year.

Insider Activity

In other news, insider Daniel Gallagher, Jr. sold 10,000 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $113.71, for a total value of $1,137,100.00. Following the completion of the transaction, the insider directly owned 499,943 shares in the company, valued at approximately $56,848,518.53. This represents a 1.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $113.72, for a total value of $42,645,000.00. Following the transaction, the chief executive officer owned 375,000 shares in the company, valued at $42,645,000. This trade represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,091,347 shares of company stock valued at $128,447,880. 13.48% of the stock is owned by insiders.

Institutional Trading of Robinhood Markets

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp bought a new stake in shares of Robinhood Markets in the 2nd quarter worth approximately $379,695,000. Amundi boosted its stake in shares of Robinhood Markets by 89.0% in 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 in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Robinhood Markets by 48.6% in the 1st quarter. Renaissance Technologies LLC now owns 5,104,137 shares of the company’s stock valued at $353,717,000 after purchasing an additional 1,668,400 shares in the last quarter. Hound Partners LLC purchased a new stake in shares of Robinhood Markets in the 1st quarter valued at $73,150,000. Finally, Amova Asset Management Americas Inc. grew its holdings in shares of Robinhood Markets by 15.0% during the 1st quarter. Amova Asset Management Americas Inc. now owns 5,240,796 shares of the company’s stock valued at $362,925,000 after purchasing an additional 685,041 shares during the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

More Robinhood Markets News

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

• Positive Sentiment: Diversification is gaining traction. Robinhood reported record third-quarter revenue of approximately $1.42 billion, while prediction-market activity, equities, options and margin trading remained strong. Management also highlighted expansion of its Agentic Trading suite, crypto offerings and broader financial “super app” strategy. Robinhood’s Diversification Push Gains Momentum in Q3
• Positive Sentiment: Prediction markets are a major growth opportunity. The business reportedly grew sevenfold year over year, with management arguing that prediction markets could become a significant long-term revenue stream as activity expands beyond sports. Why Robinhood Thinks We’re at the Beginning of a Prediction Market Supercycle
• Positive Sentiment: Some analysts remain bullish. BTIG, Rosenblatt and Citizens JMP reiterated positive ratings, reflecting confidence in Robinhood’s product expansion and longer-term growth potential. BTIG Reaffirms Buy Rating
• Neutral Sentiment: Broader market pressure is adding volatility. A technology selloff and concerns about the sustainability of AI-related spending are weighing on high-growth and trading-platform stocks generally. Morning Call Sheet
• Negative Sentiment: Quarterly profitability disappointed investors. Although revenue reached a record, reports said adjusted EPS missed expectations, while GAAP net income and diluted EPS fell year over year. The contrast between strong top-line growth and weaker earnings raised concerns about operating performance and valuation. Why Wall Street Remains Bullish Despite the Decline
• Negative Sentiment: Crypto revenue fell sharply. Crypto revenue dropped 55% year over year amid a weaker crypto market, reducing a historically important source of transaction revenue. A record Binance theft also pressured crypto-related stocks across the sector. Crypto Stocks Fall After Binance Hack
• Negative Sentiment: Analysts lowered expectations. Wells Fargo, Goldman Sachs, JPMorgan, Barclays, KeyCorp, Scotiabank and Needham reduced price targets or forecasts, contributing to selling pressure. Barclays Cuts Robinhood Price Target

Robinhood Markets Company Profile

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.