Robinhood Markets, Inc. (HOOD)
NASDAQ: HOOD · Real-Time Price · USD
23.97
+0.48 (2.04%)
At close: Nov 1, 2024, 4:00 PM
23.92
-0.05 (-0.21%)
After-hours: Nov 1, 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 25.06, with a low estimate of 11 and a high estimate of 33. The average target predicts an increase of 4.55% from the current stock price of 23.97.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Robinhood stock from 17 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Buy | 5 | 5 | 6 | 6 | 6 | 6 |
| Hold | 6 | 6 | 5 | 6 | 6 | 6 |
| Sell | 3 | 3 | 3 | 2 | 2 | 2 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $25 → $22 | Hold | Maintains | $25 → $22 | -8.22% | Nov 1, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $30 → $33 | Buy | Maintains | $30 → $33 | +37.67% | Oct 31, 2024 |
| Barclays | Barclays | Hold Maintains $23 → $26 | Hold | Maintains | $23 → $26 | +8.47% | Oct 31, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Oct 31, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $27 → $30 | Buy | Maintains | $27 → $30 | +25.16% | Oct 21, 2024 |
Financial Forecast
Revenue This Year
2.69B
from 1.87B
Increased by 44.08%
Revenue Next Year
2.89B
from 2.69B
Increased by 7.67%
EPS This Year
0.73
from -0.61
EPS Next Year
0.70
from 0.73
Decreased by -3.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0B | 4.0B | 3.9B |
| Avg | 2.7B | 2.9B | 3.1B |
| Low | 2.4B | 2.4B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 63.1% | 50.2% | 34.7% |
| Avg | 44.1% | 7.7% | 5.6% |
| Low | 29.4% | -10.0% | -15.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.87 | 1.25 | 1.35 |
| Avg | 0.73 | 0.70 | 0.77 |
| Low | 0.63 | 0.43 | 0.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 71.4% | 93.2% |
| Avg | - | -3.8% | 9.2% |
| Low | - | -40.6% | -60.3% |
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.