Robinhood Markets, Inc. (HOOD)

NASDAQ: HOOD · IEX Real-Time Price · USD
22.46
-0.33 (-1.45%)
At close: Jul 2, 2024, 4:00 PM
22.50
+0.04 (0.17%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-1.45%
Market Cap 19.74B
Revenue (ttm) 2.04B
Net Income (ttm) 127.00M
Shares Out 878.84M
EPS (ttm) 0.15
PE Ratio 149.73
Forward PE 43.41
Dividend n/a
Ex-Dividend Date n/a
Volume 9,457,761
Open 22.64
Previous Close 22.79
Day's Range 22.07 - 22.80
52-Week Range 7.91 - 24.28
Beta 1.83
Analysts Hold
Price Target 20.94 (-6.77%)
Earnings Date Aug 7, 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, HOOD'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 17 analysts, the average rating for HOOD stock is "Hold." The 12-month stock price forecast is $20.94, which is a decrease of -6.77% from the latest price.

Price Target
$20.94
(-6.77% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Robinhood Markets, Inc. to Announce Second Quarter 2024 Results on August 7, 2024

MENLO PARK, Calif., July 02, 2024 (GLOBE NEWSWIRE) -- Today, Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) announced that it will release its second quarter 2024 financial results on Wednesday,...

5 hours ago - GlobeNewsWire

AI Gives Robinhood Another Arrow in its Quiver

Robinhood Markets HOOD -1.18%decrease; red down pointing triangle has come a long way, but it still hasn't made the leap into offering full-fledged investment advice. Its latest acquisition, though, m...

13 hours ago - WSJ

Robinhood rises above the meme-stock frenzy

Robinhood is transforming from a meme-stock enabler to a well-rounded financial services company poised for growth.

1 day ago - Invezz

Robinhood Purchases Pluto to Provide AI-Powered Investment Advice

Trading platform Robinhood is acquiring artificial intelligence (AI) research service Pluto Capital. The purchase, as Bloomberg News reported Monday (July 1) is designed to offer Robinhood's users mor...

1 day ago - PYMNTS

Robinhood Buys AI-Powered Platform Pluto

Shares of Robinhood Markets (HOOD) climbed about 1% to $22.85 in intraday trading Monday after the online trading site moved to add an artificial intelligence (AI)-powered investment research platform...

1 day ago - Investopedia

Trading app Robinhood agrees deal with Pluto Capital to tap into AI

Robinhood Markets said on Monday it had bought artificial intelligence-powered investment platform Pluto Capital, adding the trading app to a growing list of companies looking to offer AI tools to cus...

1 day ago - Reuters

Robinhood brings AI to its customers with Pluto Capital acquisition

Pluto's AI models can help provide customers with things like tailored investment strategies.

1 day ago - Market Watch

Trading app Robinhood says working to resolve service interruption

Robinhood said on Monday it was working to resolve an issue causing service interruptions for some users on its trading platform.

1 day ago - Reuters

Wolfe Research upgrades Robinhood stock to Outperform

Robinhood Markets (HOOD) received an upgrade from Wolfe Research from Peer Perform to Outperform with a price target of $29 per share. The firm cited the company's strong fundamentals as helping it ac...

4 days ago - Yahoo Finance

Robinhood Analyst Projects 31% Upside, Says Trading Platform 'More Batman Than Robin'

Robinhood Markets Inc. HOOD just got a significant vote of confidence from Wolfe Research analyst Steven Chubak, who upgraded the stock from Peer Perform to Outperform, citing strong growth prospects ...

6 days ago - Benzinga

This Robinhood Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...

Other symbols: PAGSRGENUHSX
6 days ago - Benzinga

How Robinhood Makes Money

Robinhood Markets Inc. (HOOD) is a California-based financial technology (fintech) company that operates an online discount brokerage with commission-free trading. Using its web- and mobile- based pla...

18 days ago - Investopedia

Robinhood's deal with Bitstamp 'big step forward' for international expansion: Johann Kerbrat

Johann Kerbrat, general manager of crypto at Robinhood, discusses the trading platform's recent announcement that it plans to acquire global crypto exchange Bitstamp for about $200 million in cash. He...

19 days ago - CNBC Television

Robinhood Markets, Inc. Reports May 2024 Operating Data

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

21 days ago - GlobeNewsWire

Harmonic, Backed by Robinhood CEO Vlad Tenev, Announces Development of Mathematical Superintelligence Platform

PALO ALTO, Calif.--(BUSINESS WIRE)--Harmonic, an artificial intelligence platform backed by Robinhood CEO Vlad Tenev, announced progress in its development of Mathematical Superintelligence (MSI). Roo...

22 days ago - Business Wire

Roaring Kitty returns to live streaming: Time to buy Robinhood stock?

On June 6th, Keith Gill, better known as “Roaring Kitty,” revealed he will be returning to live streaming after a hiatus of more than three years. This announcement led to a significant surge in GameS...

25 days ago - Invezz

Three-Stock Lunch: Tesla, Robinhood & CrowdStrike

Aadil Zaman, Wall Street Alliance Group partner, joins 'Power Lunch' to discuss plays for three stocks, including Tesla, Robinhood, and CrowdStrike.

Other symbols: CRWDTSLA
26 days ago - CNBC Television

Robinhood CEO on Roaring Kitty

Robinhood CEO and co-founder Vlad Tenev joined CNBC's “Squawk Box” to discuss the company's acquisition of cryptocurrency exchange Bitstamp, what it means for the company's crypto and global expansion...

26 days ago - CNBC Television

Robinhood to Buy Bitstamp for $200M

Robinhood Markets Inc. will acquire the European cryptocurrency exchange Bitstamp Ltd. for $200 million as part of the financial-technology company's expansion outside of its home market in the US.

26 days ago - Bloomberg Markets and Finance

Robinhood to buy crypto exchange Bitstamp for $200 million: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and un...

26 days ago - CNBC Television

Robinhood expands crypto efforts with $200M purchase of Bitstamp

Robinhood Markets revealed Thursday it will purchase Bitstamp, saying it expects to pay about $200 million in cash to become the cryptocurrency exchange's new owner.

26 days ago - Fox Business

Robinhood Expands Crypto Offering With $200 Million Bitstamp Deal

Robinhood Markets is set to acquire cryptocurrency exchange Bitstamp for $200 million. “Acquiring a global exchange will significantly accelerate Robinhood Crypto's expansion worldwide,” the company s...

26 days ago - PYMNTS

Robinhood acquires global crypto exchange Bitstamp for $200M

Stock-trading platform Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crytpo exchange Bitstamp.

26 days ago - TechCrunch

Robinhood CEO Vlad Tenev on Bitstamp acquisition: Accelerates our plans for international expansion

Robinhood CEO and co-founder Vlad Tenev joins 'Squawk Box' to discuss the company's acquisition of cryptocurrency exchange Bitstamp, what it means for the company's crypto and global expansion plans, ...

26 days ago - CNBC Television

Robinhood bets big on crypto with $200 million deal for Bitstamp

Trading platform Robinhood Markets said on Thursday it has agreed to buy cryptocurrency exchange Bitstamp for around $200 million in cash, speeding up a broader push into digital assets with its bigge...

26 days ago - Reuters