Robinhood Markets, Inc. (HOOD)
| Market Cap | 20.18B |
| Revenue (ttm) | 2.24B |
| Net Income (ttm) | 290.00M |
| Shares Out | 884.68M |
| EPS (ttm) | 0.32 |
| PE Ratio | 71.23 |
| Forward PE | 34.63 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,004,084 |
| Open | 23.94 |
| Previous Close | 22.95 |
| Day's Range | 22.74 - 24.05 |
| 52-Week Range | 7.91 - 24.88 |
| Beta | 1.83 |
| Analysts | Buy |
| Price Target | 23.19 (+1.67%) |
| Earnings Date | Nov 5, 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]
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 StatementsAnalyst Forecast
According to 17 analysts, the average rating for HOOD stock is "Buy." The 12-month stock price forecast is $23.19, which is an increase of 1.67% from the latest price.
News
This Robinhood Analyst Raises Forecast By 17% On Retail Trading and Crypto Expansion - Here's Why
Robinhood Markets Inc HOOD stock is up after Piper Sandler analyst Patrick Moley maintained an Overweight rating and raised its price target from $23 to $27.
Robinhood To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Robinhood: Why I'm Buying More
Robinhood's revenue growth rates are expected to remain strong, with a 30% CAGR in 2024, making it undervalued at 13x forward EBITDA. Despite subdued free cash flow due to working capital usage, Robin...
Robinhood CEO: These 2 trends will alter financial services
Yahoo Finance Executive Editor Brian Sozzi sat down with Robinhood (HOOD) CEO Vlad Tenev at the Goldman Sachs Communicopia and Tech Conference to discuss how artificial intelligence (AI) and crypto co...
Robinhood CEO: We've put in work to diversify the business to benefit in lower rate environment
Vlad Tenev, Robinhood CEO, joins CNBC's Kate Rooney to discuss how Robinhood clients are reacting to market volatility, how important Nvidia is to retail investors, and how much of a priority crypto i...
Robinhood Markets, Inc. Reports August 2024 Operating Data
MENLO PARK, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for August 2024:
Robinhood Shifted From Meme Stock To Market Contender Amid New Products And Global Expansion: Analyst Upgrades Stock
Barclays analyst Benjamin Budish upgraded Robinhood Markets HOOD from Underweight to Equal-Weight, raising the price target from $18 to $20.
Microsoft, Bank of America And 2 Other Stocks Executives Are Selling
The Nasdaq 100 closed slightly higher during Thursday's session. Investors, meanwhile, focused on some notable insider trades.
Robinhood reaches $3.9 mln settlement with California over crypto withdrawals
A cryptocurrency platform run by Robinhood Markets will pay $3.9 million for failing to let customers withdraw cryptocurrency from their accounts from 2018 to 2022, California Attorney General Rob Bon...
Robinhood lets Brits lend shares for extra income in bid to grow international footprint
Stock trading app Robinhood on Wednesday launched a new feature in the U.K. allowing retail traders to lend out any stocks they own outright in their portfolio to interested borrowers. Shares lent out...
Robinhood Markets, Inc. to Present at the Goldman Sachs Communacopia + Technology Conference on September 10, 2024
MENLO PARK, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced that it will be participating in the upcoming Goldman Sachs Communacopia + T...
Robinhood: Winners Keep Winning
Our thesis in January has largely played out as expected, as recent product launches have catalyzed higher stock prices and better financial results. We think the company is stronger than ever, and we...
Robinhood: Recent Drop Is A Gift
Robinhood current price/share represents an opportunity to add shares at discount, with an upside target of $30/share. In July-August, Robinhood experienced a 43% market-related price drop and has qui...
Robinhood: Even When The Market Is Down, This Brokerage Champion Can Win
Robinhood's Q2 results and recent July metrics release showcase tremendous new deposit growth despite recent market volatility. Crypto revenue is more than doubling y/y, helping Robinhood to grow Q2 r...
Robinhood Stock Rises After Reporting User Growth—and Getting an Analyst Upgrade
Shares of Robinhood Markets (HOOD) climbed Thursday after the e-brokerage posted strong user data and Deutsche Bank analysts upgraded the stock, citing "attractive growth potential.
Robinhood To Rally Around 29%? Here Are 10 Top Analyst Forecasts For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
How Robinhood can win a bigger piece of the $65 trillion pie of investable assets
Robinhood Markets Inc. shares are down about 25% from their recent peak in July — and Piper Sandler analyst Patrick Moley sees a buying opportunity.
Piper Sandler raises Robinhood's rating to ‘Overweight' and price target to $23: Should you buy?
Piper Sandler has upgraded Robinhood Markets (NASDAQ: HOOD) to an “Overweight” rating from “Neutral,” and increased their price target from $20 to $23. This adjustment suggests a potential upside of ...
Eli Lilly To Rally Around 15%? Here Are 10 Top Analyst Forecasts For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
This Robinhood Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Robinhood CEO Says Company Responded to SEC Wells Notice
Robinhood Markets reportedly submitted a response to a Securities and Exchange Commission (SEC) Wells Notice that it received in May, which warned the company of impending enforcement action related t...
Robinhood CEO talks earnings, crypto, AI, plus advice for business owners
Robinhood (HOOD) completed two major acquisitions in June: crypto exchange Bitstamp and AI-powered investment platform Pluto. Robinhood CEO Vladimir Tenev joins Wealth!
Jim Cramer predicts further gains for Robinhood stock: Here's why
Renowned investor Jim Cramer is optimistic about Robinhood's future, predicting further gains for the stock in the coming days. Despite a modest rise in Robinhood Markets Inc.'s stock price on Thursda...
Robinhood Customers Are Buying the Dip, CEO Says
Robinhood Markets Inc.'s Chief Executive Officer Vladimir Tenev says customers have been buying the dip this week. He also talks about the future of 24/7 trading, their latest earnings report and work...