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
Robinhood Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Robinhood stock have an average target of 20.94, with a low estimate of 11 and a high estimate of 30. The average target predicts a decrease of -6.77% from the current stock price of 22.46.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Robinhood stock from 17 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 2 | 2 | 3 | 4 | 4 | 5 |
| Hold | 6 | 5 | 6 | 6 | 6 | 6 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Total | 12 | 11 | 13 | 15 | 16 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades $29 | Hold → Buy | Upgrades | $29 | +29.12% | Jun 26, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $19 → $20 | Hold | Maintains | $19 → $20 | -10.95% | Jun 20, 2024 |
| Citigroup | Citigroup | Strong Sell Maintains $16 → $18 | Strong Sell | Maintains | $16 → $18 | -19.86% | Jun 13, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $30 | Buy | Reiterates | $30 | +33.57% | Jun 12, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $30 | Buy | Reiterates | $30 | +33.57% | Jun 7, 2024 |
Financial Forecast
Revenue This Year
2.47B
from 1.87B
Increased by 32.44%
Revenue Next Year
2.67B
from 2.47B
Increased by 8.14%
EPS This Year
0.55
from -0.61
EPS Next Year
0.59
from 0.55
Increased by 6.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.8B | 3.6B | 3.8B |
| Avg | 2.5B | 2.7B | 2.8B |
| Low | 2.2B | 2.3B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 47.7% | 45.1% | 41.8% |
| Avg | 32.4% | 8.1% | 4.3% |
| Low | 16.1% | -7.2% | -13.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.83 | 1.07 | 1.00 |
| Avg | 0.55 | 0.59 | 0.58 |
| Low | 0.32 | 0.34 | 0.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 94.9% | 70.4% |
| Avg | - | 6.5% | -0.7% |
| Low | - | -38.8% | -44.8% |
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.