Robinhood Markets, Inc. (HOOD)
NASDAQ: HOOD · IEX Real-Time Price · USD
20.09
+2.19 (12.23%)
At close: May 17, 2024, 4:00 PM
20.07
-0.02 (-0.10%)
After-hours: May 17, 2024, 7:59 PM EDT
Robinhood Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Robinhood stock have an average target of 20, with a low estimate of 11 and a high estimate of 30. The average target predicts a decrease of -0.45% from the current stock price of 20.09.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Robinhood stock from 16 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 2 | 2 | 2 | 3 | 4 | 4 |
| Hold | 6 | 6 | 5 | 6 | 6 | 6 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 12 | 12 | 11 | 13 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell → Strong Buy Upgrades $14 → $24 | Sell → Strong Buy | Upgrades | $14 → $24 | +19.46% | May 17, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $30 | Buy | Reiterates | $30 | +49.33% | May 16, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $18 → $19 | Hold | Maintains | $18 → $19 | -5.43% | May 10, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $28 → $30 | Buy | Maintains | $28 → $30 | +49.33% | May 9, 2024 |
| Barclays | Barclays | Sell Maintains $16 → $18 | Sell | Maintains | $16 → $18 | -10.40% | May 9, 2024 |
Financial Forecast
Revenue This Year
2.25B
from 1.87B
Increased by 20.48%
Revenue Next Year
2.48B
from 2.25B
Increased by 10.50%
EPS This Year
0.29
from -0.61
EPS Next Year
0.40
from 0.29
Increased by 41.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.5B | 3.6B | 3.5B |
| Avg | 2.2B | 2.5B | 2.6B |
| Low | 2.0B | 2.0B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 33.1% | 59.5% | 41.7% |
| Avg | 20.5% | 10.5% | 5.0% |
| Low | 4.7% | -12.3% | -17.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.37 | 1.07 | 0.79 |
| Avg | 0.29 | 0.40 | 0.39 |
| Low | 0.19 | 0.08 | 0.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 275.7% | 95.5% |
| Avg | - | 41.3% | -2.7% |
| Low | - | -71.1% | -66.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.