Robinhood Markets, Inc. (HOOD)
NASDAQ: HOOD · Real-Time Price · USD
22.43
+0.04 (0.18%)
At close: Sep 26, 2024, 4:00 PM
22.44
+0.01 (0.04%)
After-hours: Sep 26, 2024, 7:53 PM EDT
Robinhood Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Robinhood stock have an average target of 23.19, with a low estimate of 11 and a high estimate of 32. The average target predicts an increase of 3.39% from the current stock price of 22.43.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Robinhood stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 3 | 3 |
| Buy | 4 | 4 | 5 | 5 | 6 | 6 |
| Hold | 6 | 6 | 6 | 6 | 5 | 6 |
| Sell | 3 | 3 | 3 | 3 | 3 | 2 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 15 | 16 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $23 → $27 | Buy | Maintains | $23 → $27 | +20.37% | Sep 19, 2024 |
| Barclays | Barclays | Sell → Hold Upgrades $18 → $20 | Sell → Hold | Upgrades | $18 → $20 | -10.83% | Sep 6, 2024 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $21 → $24 | Hold → Strong Buy | Upgrades | $21 → $24 | +7.00% | Aug 15, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $20 → $21 | Hold | Maintains | $20 → $21 | -6.38% | Aug 14, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $28 → $32 | Strong Buy | Maintains | $28 → $32 | +42.67% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
2.66B
from 1.87B
Increased by 42.57%
Revenue Next Year
2.80B
from 2.66B
Increased by 5.19%
EPS This Year
0.73
from -0.61
EPS Next Year
0.70
from 0.73
Decreased by -3.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.8B | 3.3B | 3.8B |
| Avg | 2.7B | 2.8B | 3.0B |
| Low | 2.4B | 2.4B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 51.6% | 23.7% | 36.2% |
| Avg | 42.6% | 5.2% | 8.3% |
| Low | 29.4% | -9.9% | -12.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.87 | 1.25 | 1.35 |
| Avg | 0.73 | 0.70 | 0.77 |
| Low | 0.63 | 0.43 | 0.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 71.4% | 93.2% |
| Avg | - | -3.8% | 9.2% |
| Low | - | -40.6% | -60.3% |
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.