Robinhood Markets (NASDAQ:HOOD) Given New $122.00 Price Target at Barclays

Robinhood Markets (NASDAQ:HOOD) had its target price upped by Barclays from $82.00 to $122.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s target price would suggest a potential upside of 5.24% from the company’s current price.

HOOD has been the topic of a number of other reports. Cantor Fitzgerald reissued an “overweight” rating and set a $110.00 price target on shares of Robinhood Markets in a research report on Tuesday, June 9th. Keefe, Bruyette & Woods reduced their price objective on shares of Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a research report on Wednesday, April 29th. The Goldman Sachs Group increased their price objective on shares of Robinhood Markets from $108.00 to $121.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Argus lifted their target price on shares of Robinhood Markets from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $130.00 target price on shares of Robinhood Markets in a research note on Tuesday, April 14th. Twenty-one research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $116.74.

Robinhood Markets Trading Up 2.1%

NASDAQ HOOD opened at $115.93 on Thursday. The business has a fifty day simple moving average of $89.54 and a 200 day simple moving average of $89.37. Robinhood Markets has a 12 month low of $63.51 and a 12 month high of $153.86. The firm has a market capitalization of $104.39 billion, a P/E ratio of 55.99, a PEG ratio of 2.53 and a beta of 2.33.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same period in the prior year, the firm earned $0.37 earnings per share. Robinhood Markets’s revenue was up 15.1% compared to the same quarter last year. As a group, sell-side analysts predict that Robinhood Markets will post 1.81 EPS for the current fiscal year.

Insider Buying and Selling

In other Robinhood Markets news, Director Paula Loop sold 8,336 shares of the stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $120.00, for a total transaction of $1,000,320.00. Following the completion of the transaction, the director owned 63,674 shares in the company, valued at $7,640,880. This trade represents a 11.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 19,377 shares of Robinhood Markets stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $119.96, for a total transaction of $2,324,464.92. Following the completion of the transaction, the insider owned 62,612 shares of the company’s stock, valued at $7,510,935.52. The trade was a 23.63% decrease in their position. 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. In the last quarter, insiders have bought 680,000 shares of company stock worth $55,306,560 and have sold 659,112 shares worth $68,741,158. Insiders own 14.47% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of HOOD. Sound Income Strategies LLC boosted its holdings in shares of Robinhood Markets by 152.6% in the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after acquiring an additional 145 shares during the period. CYBER HORNET ETFs LLC grew its position in shares of Robinhood Markets by 527.8% in the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock valued at $26,000 after purchasing an additional 190 shares in the last quarter. Elyxium Wealth LLC bought a new stake in shares of Robinhood Markets during the 4th quarter valued at $27,000. MV Capital Management Inc. bought a new stake in shares of Robinhood Markets during the 4th quarter valued at $27,000. Finally, Swiss RE Ltd. purchased a new stake in Robinhood Markets during the 4th quarter worth about $27,000. 93.27% of the stock is owned by institutional investors.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood Chain’s DEX activity hit a record $563.9 million in daily volume, signaling strong user engagement and momentum around its on-chain finance push. Article: Robinhood Chain DEX Volume Hits Record High Amid Cash Cat Frenzy
• Positive Sentiment: Coverage continues to highlight Robinhood’s broader growth story in crypto, tokenization, DeFi, and perpetual futures, which could support future revenue growth and keep investor sentiment constructive. Article: Did a New Perpetual Futures Deal Just Make Robinhood a Screaming Buy?
• Positive Sentiment: China Renaissance initiated coverage with a buy rating, adding fresh analyst support for the stock’s growth narrative.
• Positive Sentiment: Recent commentary says Robinhood’s business momentum may be outrunning current earnings estimates, suggesting potential upside if new products continue scaling. Article: Why Robinhood’s Business Momentum May Be Outrunning Earnings Estimates
• Neutral Sentiment: Media coverage around Robinhood’s mainnet launch, AI-agent commentary, and Trump Accounts rollout is boosting visibility, but these are still longer-term narrative drivers rather than immediate earnings catalysts. Article: Robinhood mainnet launch signals broader bet on tokenized finance
• Negative Sentiment: Recent insider selling by CEO Vladimir Tenev, Director Paula Loop, Director Oluwadara Johnson Treseder, and insider Daniel Martin Gallagher Jr. may weigh on sentiment, even though the trades were made under pre-arranged Rule 10b5-1 plans and do not necessarily signal a fundamental problem.

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.