Robinhood Markets, Inc. (HOOD)

NASDAQ: HOOD · Real-Time Price · USD
36.08
+0.84 (2.38%)
At close: Nov 20, 2024, 4:00 PM
37.10
+1.02 (2.83%)
Pre-market: Nov 21, 2024, 5:44 AM EST
2.38%
Market Cap 31.89B
Revenue (ttm) 2.41B
Net Income (ttm) 525.00M
Shares Out 883.98M
EPS (ttm) 0.59
PE Ratio 61.01
Forward PE 50.57
Dividend n/a
Ex-Dividend Date n/a
Volume 33,779,065
Open 37.00
Previous Close 35.24
Day's Range 35.72 - 38.11
52-Week Range 7.98 - 38.11
Beta 1.84
Analysts Buy
Price Target 29.13 (-19.26%)
Earnings Date Oct 30, 2024

About HOOD

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services. It also provides various learning and education solutions comprise ... [Read more]

Industry Capital Markets
Sector Financials
IPO Date Jul 29, 2021
Employees 2,200
Stock Exchange NASDAQ
Ticker Symbol HOOD
Full Company Profile

Financial Performance

In 2023, Robinhood's revenue was $1.87 billion, an increase of 37.33% compared to the previous year's $1.36 billion. Losses were -$541.00 million, -47.37% less than in 2022.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for HOOD stock is "Buy." The 12-month stock price forecast is $29.13, which is a decrease of -19.26% from the latest price.

Price Target
$29.13
(-19.26% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Robinhood to acquire TradePMR for $300 million: Here's what the CEOs have to say

Vlad Tenev, Robinhood Chairman & CEO, and Robb Baldwin, TradePMR founder & CEO, join CNBC's 'Halftime Report' to discuss the acquisition and what it means for the fintech landscape.

1 day ago - CNBC Television

Cramer's Mad Dash: 'Robinhood has the next generation of investors'

CNBC's Jim Cramer reports on the latest from Robinhood.

1 day ago - CNBC Television

Robinhood to acquire TradePMR for $300 mln to boost advisory business

Retail trading platform Robinhood Markets will acquire portfolio management platform TradePMR in a cash-and-stock deal for about $300 million, the companies said on Tuesday.

1 day ago - Reuters

2 reasons Robinhood will benefit from a Trump presidency

Needham upgraded Robinhood (HOOD) stock to Hold from Buy, with a price target of $40. Analyst John Todaro joins Market Domination to explain his motivation behind the call.

2 days ago - Yahoo Finance

Robinhood: Here's why Needham upgraded the stock to buy

John Todaro, analyst at Needham, joins CNBC's 'Money Movers' to discuss why his firm is upgrading Robinhood to a buy, what the incoming administration means for crypto and crypto trade, and more.

2 days ago - CNBC Television

Stop Trading: Robinhood may do well without Gensler at the helm of the SEC

CNBC's Jim Cramer reports on the latest regarding Robinhood.

2 days ago - CNBC Television

Robinhood poised as ‘major beneficiary' of Trump's crypto trading changes: analyst

A boost is expected from crypto-assets listings, as one analyst flags expected changes to securities laws under a Trump administration.

2 days ago - Market Watch

Robinhood Markets, Inc. (HOOD) Wolfe Research Wealth Symposium (Transcript)

Robinhood Markets, Inc. (NASDAQ:HOOD) Wolfe Research Wealth Symposium November 13, 2024 11:45 AM ET Company Participants Jason Warnick - CFO Conference Call Participants Steven Chubak - Wolfe Researc...

7 days ago - Seeking Alpha

Daffy Announces Robinhood Integration to Make Donating Crypto to Nearly Any Charity in the U.S. Seamless

LOS ALTOS, Calif.--(BUSINESS WIRE)--Daffy.org, the modern platform for charitable giving, announces an integration with Robinhood. This innovative collaboration empowers Robinhood customers to effortl...

7 days ago - Business Wire

Robinhood CEO Vlad Tenev on bitcoin rally: Market is reacting to the 'Trump pump'

Robinhood co-founder and CEO Vlad Tenev joins 'Squawk Box' to discuss impact of President-elect Trump's election victory on the crypto industry, crypto regulation under a second Trump term, the compan...

8 days ago - CNBC Television

Coinbase, Robinhood Stocks Fall. Why It's a Volatile Day for Crypto Shares.

Crypto-exposed stocks were set for a volatile day Tuesday as Bitcoin fell from its overnight highs.

Other symbols: COIN
8 days ago - Barrons

Bitcoin hits new record topping $88k for first time

Meltem Demirors, Crucible Capital general partner, joins 'Fast Money' to discuss why Bitcoin is on its way to becoming a consensus trade and an institutional asset.

9 days ago - CNBC Television

Crypto-Related Investments Surge on Trump Win, MicroStrategy Buy

The cryptocurrency euphoria that followed Donald Trump's victory in the U.S. presidential election continued Monday, with everything tied to the digital currency industry powering ahead.

Other symbols: COINMARAMSTRRIOT
9 days ago - Investopedia

Robinhood Markets, Inc. Reports October 2024 Operating Data

MENLO PARK, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for October 2024:

9 days ago - GlobeNewsWire

Trump Trade boosts crypto stocks

CNBC's MacKenzie Sigalos joins CNBC's 'Halftime Report' to discuss Donald Trump's policy promises to the crypto sector and the jump in stocks pegged to digital asset prices.

Other symbols: BTBTCOINMARAMSTRRIOT
9 days ago - CNBC Television

Consider Selling Robinhood Stock Post Election Surge

Robinhood Markets, Inc.'s share price surged post-election, but the company remains overvalued with a P/E of 50x, needing substantial growth to justify its valuation. The company has grown revenue to ...

9 days ago - Seeking Alpha

Coinbase, Robinhood Stocks Soar. Why the Trump Trade Is Boosting Crypto Platforms.

Crypto-related stocks were picking up gains on Monday after the price of Bitcoin topped $82,000.

Other symbols: COIN
9 days ago - Barrons

Robinhood Chief Brokerage Officer Steve Quirk talks post-election trading and betting trends

Steve Quirk, Robinhood chief brokerage officer, joins 'Closing Bell Overtime' to talk the impact of the election and aftermath on the platform.

12 days ago - CNBC Television

Robinhood Markets, Inc. to Present at the Wolfe Research Wealth Symposium on November 13, 2024

MENLO PARK, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- November 7, 2024 (GLOBE NEWSWIRE) – Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced that it will be participating in the upco...

13 days ago - GlobeNewsWire

Crypto firms including Robinhood, Kraken launch global stablecoin network

A consortium of financial technology and cryptocurrency companies including Robinhood , Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar.

16 days ago - Reuters

Introducing Global Dollar Network - An open network to accelerate and reward global stablecoin adoption driven by Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos and Robinhood

Invite-Only Phase Now Open to Qualifying Participants SINGAPORE , Nov. 4, 2024 /PRNewswire/ -- Today, leaders in fintech and digital assets introduced Global Dollar Network , an open network designed ...

16 days ago - PRNewsWire

Robinhood Price Levels to Watch as Stock Drops After Promotion Causes Revenue Miss

Shares in Robinhood Markets (HOOD) plunged Thursday after the online brokerage missed Wall Street's quarterly revenue expectations due to a customer promotion program.

20 days ago - Investopedia

Robinhood shares down as promotions eat into profits

CNBC's Kate Rooney joins 'Squawk on the Street' to discuss Robinhood earnings.

20 days ago - CNBC Television

Robinhood Stock Sinks as Promotions Lead To Weaker-Than-Expected Results

Robinhood Markets (HOOD) shares sank 15% Thursday, a day after the online brokerage posted worse-than-expected results as a promotion to get more customers impacted performance.

20 days ago - Investopedia

Estée Lauder, Robinhood, eBay And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 0.5% on Thursday.

Other symbols: EBAY
20 days ago - Benzinga