Robinhood Markets, Inc. (HOOD)
NASDAQ: HOOD · Real-Time Price · USD
38.33
+1.39 (3.76%)
At close: Dec 20, 2024, 4:00 PM
38.48
+0.15 (0.39%)
After-hours: Dec 20, 2024, 7:59 PM EST
Robinhood Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Robinhood stock have an average target of 38.19, with a low estimate of 11 and a high estimate of 55. The average target predicts a decrease of -0.37% from the current stock price of 38.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Robinhood stock from 16 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 4 | 5 |
| Buy | 4 | 5 | 5 | 5 | 6 | 7 |
| Hold | 6 | 5 | 6 | 6 | 4 | 2 |
| Sell | 3 | 3 | 2 | 2 | 2 | 2 |
| Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $24 → $38 | Hold | Maintains | $24 → $38 | -0.86% | Dec 20, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades $26 → $49 | Hold → Buy | Upgrades | $26 → $49 | +27.84% | Dec 9, 2024 |
| Needham | Needham | Strong Buy Reiterates $40 → $52 | Strong Buy | Reiterates | $40 → $52 | +35.66% | Dec 9, 2024 |
| Goldman Sachs | Goldman Sachs | Hold → Strong Buy Upgrades $40 → $46 | Hold → Strong Buy | Upgrades | $40 → $46 | +20.01% | Dec 6, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $42 → $54 | Buy | Reiterates | $42 → $54 | +40.88% | Dec 5, 2024 |
Financial Forecast
Revenue This Year
2.76B
from 1.87B
Increased by 47.72%
Revenue Next Year
3.18B
from 2.76B
Increased by 15.32%
EPS This Year
0.80
from -0.61
EPS Next Year
0.96
from 0.80
Increased by 20.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0B | 4.4B | 4.6B |
| Avg | 2.8B | 3.2B | 3.5B |
| Low | 2.5B | 2.5B | 2.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 61.0% | 59.8% | 45.2% |
| Avg | 47.7% | 15.3% | 9.0% |
| Low | 35.2% | -11.0% | -18.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.01 | 1.66 | 1.77 |
| Avg | 0.80 | 0.96 | 1.03 |
| Low | 0.66 | 0.51 | 0.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 108.2% | 85.6% |
| Avg | - | 20.0% | 7.2% |
| Low | - | -35.4% | -58.3% |
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.