Argus Has Lowered Expectations for Robinhood Markets (NASDAQ:HOOD) Stock Price

Robinhood Markets (NASDAQ:HOOD) had its price objective decreased by equities researchers at Argus from $102.00 to $90.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Argus’ target price would indicate a potential upside of 23.55% from the stock’s previous close.

Other research analysts have also issued reports about the company. Keefe, Bruyette & Woods cut their price objective on Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating on the stock in a report on Wednesday. Cantor Fitzgerald reissued an “overweight” rating and issued a $110.00 price objective on shares of Robinhood Markets in a report on Wednesday. The Goldman Sachs Group cut their price objective on Robinhood Markets from $102.00 to $91.00 and set a “buy” rating on the stock in a report on Thursday, March 26th. Barclays cut their price objective on Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $155.00 price objective on shares of Robinhood Markets in a report on Wednesday. Eighteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $107.88.

Robinhood Markets Stock Performance

NASDAQ:HOOD traded up $1.65 during mid-day trading on Thursday, hitting $72.85. 26,471,428 shares of the company’s stock traded hands, compared to its average volume of 30,837,266. The company has a fifty day moving average of $76.28 and a 200 day moving average of $102.83. Robinhood Markets has a twelve month low of $45.56 and a twelve month high of $153.86. The company has a market capitalization of $65.58 billion, a P/E ratio of 35.37, a P/E/G ratio of 2.52 and a beta of 2.46.

Robinhood Markets (NASDAQ:HOOD) last announced its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.12). The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.24 billion. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The company’s quarterly revenue was up 15.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.37 earnings per share. On average, research analysts expect that Robinhood Markets will post 1.95 earnings per share for the current fiscal year.

Insider Transactions at Robinhood Markets

In other Robinhood Markets news, Director Baiju Bhatt sold 57,261 shares of the stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $86.38, for a total transaction of $4,946,205.18. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Jeffrey Tsvi Pinner sold 5,835 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $83.92, for a total value of $489,673.20. Following the transaction, the chief technology officer owned 12,171 shares in the company, valued at $1,021,390.32. This represents a 32.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 540,447 shares of company stock valued at $40,159,378. 14.47% of the stock is owned by insiders.

Hedge Funds Weigh In On Robinhood Markets

A number of hedge funds have recently bought and sold shares of HOOD. Sound Income Strategies LLC boosted its position in Robinhood Markets by 152.6% during the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock worth $26,000 after purchasing an additional 145 shares in the last quarter. CYBER HORNET ETFs LLC raised its holdings in shares of Robinhood Markets by 527.8% during the fourth quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock valued at $26,000 after acquiring an additional 190 shares during the last quarter. Golden State Wealth Management LLC raised its holdings in shares of Robinhood Markets by 107.6% during the third quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock valued at $27,000 after acquiring an additional 99 shares during the last quarter. Elyxium Wealth LLC acquired a new position in shares of Robinhood Markets during the fourth quarter valued at approximately $27,000. Finally, MV Capital Management Inc. acquired a new position in shares of Robinhood Markets during the fourth quarter valued at approximately $27,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Trending Headlines about Robinhood Markets

Here are the key news stories impacting Robinhood Markets this week:

• Positive Sentiment: Underlying user metrics and subscription strength provide a growth runway — funded customers, net deposits and Robinhood Gold subscribers all grew in Q1, and prediction?market fees helped profits, supporting the longer?term story. Q1 Results Press Release
• Positive Sentiment: International expansion progress (in?principle approval in Singapore) could expand TAM and diversify revenue over time. Singapore Reception Article
• Neutral Sentiment: Insider selling by the CTO was disclosed but executed under a pre?arranged Rule 10b5?1 plan, which is procedural and not an immediate red flag. SEC Form 4
• Neutral Sentiment: Analyst reactions are mixed — some firms reiterated buy ratings and high targets while others trimmed price targets after the print, leaving consensus views split on near?term valuation. Barclays Price Target Cut
• Negative Sentiment: Q1 revenue and EPS missed expectations — revenue (~$1.07B) and EPS ($0.38) came in below consensus, triggering re?pricing of near?term growth and putting downward pressure on the stock. Fool Coverage
• Negative Sentiment: Crypto trading revenue plunged year?over?year, which was the primary driver of the top?line miss and highlights ongoing cyclicality/exposure to crypto market swings. Investopedia Article
• Negative Sentiment: Management flagged higher expenses (~18% increase) and a roughly $100M initiative tied to onboarding/Trump?related accounts and product investments, which may pressure near?term margins. Yahoo Finance: Expenses Jump
• Negative Sentiment: Recent commentary from Barclays and other shops resetting targets and calling out the “moment” when growth narratives must meet the math adds cautious sentiment to the equity. Barclays Resets Price Target

Robinhood Markets Company Profile

Robinhood Markets, Inc (NASDAQ: HOOD) is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to “democratize finance for all.” Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.

Robinhood’s core products and services include a mobile app and web platform for trading U.S.