Truist Financial Has Lowered Expectations for Robinhood Markets (NASDAQ:HOOD) Stock Price

Robinhood Markets (NASDAQ:HOOD) had its price objective decreased by investment analysts at Truist Financial from $130.00 to $120.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Truist Financial’s price objective points to a potential upside of 57.96% from the stock’s previous close.

A number of other brokerages have also recently commented on HOOD. Bank of America lowered their target price on Robinhood Markets from $166.00 to $154.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. CICC Research assumed coverage on shares of Robinhood Markets in a research report on Monday, October 27th. They set an “outperform” rating and a $155.00 price target on the stock. Dbs Bank upgraded shares of Robinhood Markets to a “moderate buy” rating in a report on Wednesday, November 12th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $130.00 target price on shares of Robinhood Markets in a research note on Monday, February 9th. Finally, Argus started coverage on shares of Robinhood Markets in a report on Friday, January 9th. They set a “buy” rating and a $145.00 target price on the stock. Eighteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $126.95.

Robinhood Markets Stock Performance

Robinhood Markets stock opened at $75.97 on Thursday. The company has a market capitalization of $68.31 billion, a PE ratio of 36.88, a price-to-earnings-growth ratio of 1.13 and a beta of 2.43. Robinhood Markets has a fifty-two week low of $29.66 and a fifty-two week high of $153.86. The firm has a 50 day moving average price of $108.89 and a 200 day moving average price of $118.14.

Robinhood Markets (NASDAQ:HOOD) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.03. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The company had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the prior year, the firm earned $1.01 earnings per share. The firm’s revenue was up 26.5% compared to the same quarter last year. As a group, equities research analysts forecast that Robinhood Markets will post 1.35 earnings per share for the current year.

Insider Activity

In other news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $87.07, for a total transaction of $870,700.00. Following the completion of the sale, the insider directly owned 393,612 shares of the company’s stock, valued at approximately $34,271,796.84. The trade was a 2.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the business’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $107.48, for a total transaction of $630,262.72. Following the transaction, the chief technology officer owned 9,133 shares of the company’s stock, valued at approximately $981,614.84. The trade was a 39.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,537,615 shares of company stock valued at $182,272,702 over the last quarter. Company insiders own 14.47% of the company’s stock.

Institutional Investors Weigh In On Robinhood Markets

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Robinhood Markets by 24.9% in the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock valued at $13,521,497,000 after purchasing an additional 18,824,923 shares during the last quarter. State Street Corp boosted its holdings in shares of Robinhood Markets by 103.2% in the 3rd 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 in the last quarter. WCM Investment Management LLC grew its position in shares of Robinhood Markets by 3,615.7% in the 2nd quarter. WCM Investment Management LLC now owns 11,555,160 shares of the company’s stock valued at $1,081,910,000 after buying an additional 11,244,182 shares during the last quarter. Norges Bank purchased a new position in shares of Robinhood Markets in the 4th quarter valued at $1,202,160,000. Finally, Paradigm Operations LP acquired a new stake in Robinhood Markets during the 2nd quarter worth $308,979,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Large institutional buying signals conviction from some long-term investors — Ark/ Cathie Wood bought roughly $34M of HOOD, which supports a recovery narrative after the crypto-driven sell-off. Cathie Wood Sees Opportunity in Robinhood’s Crypto Weakness
• Positive Sentiment: Some analysts argue the selloff is overblown — Truist told clients the pullback may be excessive and maintained a constructive view despite trimming its price target. That view helps underpin short-term buying. Robinhood (HOOD) Stock Selloff May Be Overblown, Said Truist
• Positive Sentiment: Management is pushing new growth levers (prediction markets, product velocity, international expansion) and outlined a path to $1T in platform assets — these strategic initiatives are being cited as reasons to look past near-term crypto weakness. Robinhood Outlines Path to $1T in Platform Assets
• Positive Sentiment: Multiple analysts and outlets are pitching HOOD as a buy-the-dip opportunity given its growth outside crypto and steep share decline from highs — this is attracting bargain hunters. Why Robinhood’s Near-50% Fall Could Be a Buy-the-Dip Opportunity
• Neutral Sentiment: Truist lowered its price target (from $130 to $120) but kept a Buy rating — that’s a mixed signal: confidence in medium-term upside but recognition of nearer-term risks. Truist Lowers Price Target on HOOD
• Neutral Sentiment: Broader tech and crypto market moves are weighing on HOOD — several pieces note HOOD trading more like bitcoin recently, amplifying volatility that may be unrelated to its core retail brokerage revenue growth. Robinhood’s Stock Is Now Trading Almost Exactly Like Bitcoin
• Negative Sentiment: Q4 results missed revenue expectations as crypto revenue collapsed (~38%), which triggered the initial selloff and investor concern about earnings sensitivity to crypto volumes. That earnings miss remains the primary near-term catalyst for selling pressure. Robinhood Stock Falls as Crypto Revenue Collapses
• Negative Sentiment: Analyst downgrades and negative headlines pushed shares sharply lower after earnings (some reports note ~9% intraday drops), increasing volatility and prompting short-term sellers. Robinhood Stock Down Following Analyst Downgrade

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.