Robinhood Markets, Inc. (HOOD)

NASDAQ: HOOD · IEX Real-Time Price · USD
10.82
+0.72 (7.13%)
At close: Oct 4, 2022 4:00 PM
10.72
-0.10 (-0.92%)
After-hours: Oct 4, 2022 7:59 PM EDT
7.13%
Market Cap 9.04B
Revenue (ttm) 1.35B
Net Income (ttm) -2.43B
Shares Out 835.67M
EPS (ttm) -4.04
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 9,069,215
Open 10.40
Previous Close 10.10
Day's Range 10.39 - 10.96
52-Week Range 6.81 - 43.36
Beta n/a
Analysts Hold
Price Target 12.10 (+11.8%)
Earnings Date Aug 3, 2022

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), options, gold, and cryptocurrencies. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street J... [Read more...]

Industry Capital Markets
IPO Date Jul 29, 2021
Employees 3,400
Stock Exchange NASDAQ
Ticker Symbol HOOD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for HOOD stock is "Hold." The 12-month stock price forecast is 12.1, which is an increase of 11.83% from the latest price.

Price Target
$12.1
(11.83% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Robinhood Markets, Inc. to Announce Third Quarter 2022 Results on November 2, 2022

MENLO PARK, Calif., Oct. 04, 2022 (GLOBE NEWSWIRE) -- Today, Robinhood Markets, Inc. (NASDAQ: HOOD) announced that it will release its third quarter 2022 financial results on Wednesday, November 2, 2022...

10 hours ago - GlobeNewsWire

These 2 Former Growth Stocks Are Down Over 85%, but They're Not Exactly Bargains

Many technology stocks have lost a significant amount of value, but they're not all buying opportunities.

Other symbols: PTON
15 hours ago - The Motley Fool

Robinhood closing 5 additional offices in restructuring

Robinhood expects the new closures to generate run-rate savings of approximately $4 million per quarter between the fourth quarter of 2022 and the first quarter of 2024.

1 day ago - Fox Business

Wall Street worries about lower income consumer, credit for fintech companies

CNBC's Kate Rooney reports on Q3 performance for financial technology companies.

Other symbols: COINPYPLSOFISQ
1 day ago - CNBC Television

Robinhood announces it will close 5 offices

Yahoo Finance Live anchors Julie Hyman, Brian Sozzi and Brad Smith discuss Robinhood's restructuring plans.

1 day ago - Yahoo Finance

Robinhood to close five offices as part of restructuring program

Robinhood Markets Inc said on Friday it was closing five more offices, as part of a broader program aimed at changing its organizational structure announced in August.

4 days ago - Reuters

Robinhood to take bigger restructuring charge as it exits leases

Robinhood Markets Inc. HOOD, +3.38% said late Friday it will take higher-than-expected restructuring charges as it exits leases on office space that it is not using. In a Securities and Exchange Commiss...

4 days ago - Market Watch

There's going to be a much bigger focus on cash flow in the coming quarter, says Margins' editor Roy

Ranjan Roy, Margins editor, joins 'TechCheck' to discuss the coming judgment day for cash bleeders like Uber and DoorDash, what will happen to stocks in the next quarter and more. For access to live and...

Other symbols: COINDASHLYFTUBER
4 days ago - CNBC Television

Robinhood Investors Just Got Good News

Regulators have scrutinized Robinhood's primary source of revenue.

4 days ago - The Motley Fool

Robinhood Is in Stablecoins. To Really Boost Revenue, It Needs a Deal Like Coinbase's.

Coinbase has a revenue-sharing agreement with Circle over holding balances in USDC. It's an attractive proposition in an environment of rising rates.

5 days ago - Barrons

Circle, Robinhood Partner to Simplify, Expand Use of USDC

Circle Internet Financial, the issuer of USD Coin (USDC) and Euro Coin (EUROC), has partnered with Robinhood to make it easier for customers to learn about and use USDC.  With the partnership, customers...

6 days ago - PYMNTS

7 Undervalued Reddit Stocks to Buy Before Wall Street Catches On

Reddit stocks have been so successful (or at least intriguing) that Reddit has quickly become an investing hub. The site has a huge community of investors and traders who use it as a platform for their ...

Other symbols: AAPLITMETATLRYWBD
6 days ago - InvestorPlace

Robinhood launches its self-custody ‘Robinhood Wallet' for crypto traders

(Kitco News) - Robinhood announced the beta launch of its Web3-enabled Robinhood Wallet which allows users to self-custody their crypto holdings.

6 days ago - Kitco

Robinhood Releases Beta Version of Web3 Wallet

Robinhood has released a beta version of its Web3 wallet called Robinhood Wallet that will enable users to control their cryptocurrency, trade and swap crypto with no network fees and access the decentr...

1 week ago - PYMNTS

Robinhood's Crypto Push Picks Up with ‘DeFi' Wallet and No Network-Fee Trading

Robinhood Wallet is being rolled out in a beta stage to 10,000 users. It marks the latest move into digital assets from the brokerage and trading platform.

1 week ago - Barrons

14 Ailing Companies Are About To Lose An Obscene Amount Of Money

S&P 500 investors hate companies that lose money right now. So it's wise to know which companies are on the verge of losing obscene amounts so you don't end up holding the bag.

1 week ago - Investors Business Daily

Is Robinhood Markets Stock a Buy Now?

One of its major regulatory headwinds could finally be fading away.

1 week ago - The Motley Fool

Robinhood CEO Vlad Tenev: Payment for order flow has helped establish free trading

Robinhood Markets CEO Vlad Tenev joins CNBC's 'Squawk on the Street' to discuss the company's new "Robinhood Gold" benefit that allows investors to earn 3% interest on their brokerage cash.

1 week ago - CNBC Television

Robinhood stock to go ‘higher' after report the SEC won't ban PFOF

Robinhood Markets Inc (NASDAQ: HOOD) investors were relieved on Thursday after a report said the U.S. Securities and Exchange Commission may not execute the much-feared ban on payment for order flow.

1 week ago - Invezz

SEC reportedly not seeking to ban payment for order flow

Yahoo Finance Live anchors Brad Smith and Julie Hyman discuss reports that the SEC is not seeking to ban payment for order flow.

Other symbols: VIRT
1 week ago - Yahoo Finance

Robinhood Stock Jumps On SEC Payment Order Flow Decision

The SEC decided not to ban payment order flow deals Thursday, sending Robinhood stock and Virtu Financial surging. The post Robinhood Stock Jumps On SEC Payment Order Flow Decision appeared first on Inv...

1 week ago - Investors Business Daily

SEC to Allow Payment-for-Order-Flow Deals

The US Securities and Exchange Commission will stop short of banning payment for order flow. Robinhood shares surged as much as 12% on Thursday, the most in more than seven weeks.

Other symbols: SCHWVIRT
1 week ago - Bloomberg Markets and Finance

Robinhood (HOOD) Stock Pops Amid Rumors SEC Will Not Ban PFOF

Even as much of the market was in the red this morning, shares of Robinhood (NASDAQ: HOOD ) were a couple of points in the green. So, what's going on exactly?

1 week ago - InvestorPlace

SEC to let Wall Street keep payment for order flow: Bloomberg

'Mad Money' host Jim Cramer lays out his expectations for shares of Robinhood following a new report that U.S. regulators would not ban payment for order flow.

1 week ago - CNBC Television

Robinhood stock gains on news SEC won't ban payment for order flow

Yahoo Finance Live's Brad Smith discusses stock performance for Robinhood amid reports that the SEC won't ban payment for order flow.

1 week ago - Yahoo Finance