Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report)’s stock price traded down 1.5% during trading on Tuesday . The stock traded as low as $78.93 and last traded at $83.77. 28,695,895 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 29,744,023 shares. The stock had previously closed at $85.04.
Key Headlines Impacting Robinhood Markets
Here are the key news stories impacting Robinhood Markets this week:
- Positive Sentiment: Cantor raised its price target on Robinhood Markets (HOOD), arguing that Wall Street is underestimating the company’s prediction-markets venture, which it says is becoming one of Robinhood’s fastest-growing businesses. Cantor Raises Robinhood Target On Prediction-Markets Venture It Says Wall Street Hasn’t Priced In
- Positive Sentiment: Robinhood also reported May 2026 operating data, which investors may view as another update on user activity and platform momentum heading into the next earnings cycle. Robinhood Markets, Inc. Reports May 2026 Operating Data
- Positive Sentiment: Several recent articles highlighted that Wall Street is turning more constructive on HOOD, and that prediction markets may help offset weakness in crypto-related revenue. Wall Street Turns Bullish on Robinhood Markets (HOOD)
- Neutral Sentiment: Robinhood remains one of the most searched and talked-about retail trading stocks, but several headlines are largely attention-driven rather than fundamentally new. Is Trending Stock Robinhood Markets, Inc. (HOOD) a Buy Now?
- Negative Sentiment: Bearish commentary and insider-sale reports may be weighing on sentiment, reinforcing concerns after Robinhood’s sharp run and recent volatility. Bear of the Day: Robinhood Markets (HOOD)
- Negative Sentiment: Multiple reports of insider selling could pressure the stock, since investors often read insider disposals as a sign of caution. Insider Selling: Robinhood Markets (NASDAQ:HOOD) Insider Sells $836,800.00 in Stock
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on HOOD. Needham & Company LLC dropped their target price on Robinhood Markets from $95.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. The Goldman Sachs Group lifted their price target on Robinhood Markets from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, June 4th. Citigroup reiterated a “market outperform” rating on shares of Robinhood Markets in a research note on Thursday, May 28th. Keefe, Bruyette & Woods decreased their price target on Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a research note on Wednesday, April 29th. Finally, Loop Capital set a $94.00 price target on Robinhood Markets in a research note on Wednesday, May 27th. Eighteen investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Robinhood Markets has a consensus rating of “Moderate Buy” and a consensus price target of $110.18.
Robinhood Markets Stock Down 1.5%
The stock has a 50 day simple moving average of $78.39 and a 200 day simple moving average of $92.66. The company has a market capitalization of $75.44 billion, a price-to-earnings ratio of 40.47, a P/E/G ratio of 2.47 and a beta of 2.35.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the previous year, the firm earned $0.37 earnings per share. The business’s revenue was up 15.1% on a year-over-year basis. As a group, analysts forecast that Robinhood Markets, Inc. will post 1.85 EPS for the current year.
Insider Buying and Selling at Robinhood Markets
In other Robinhood Markets news, Director Meyer Malka acquired 250,000 shares of Robinhood Markets stock in a transaction dated Friday, June 5th. The stock was acquired at an average cost of $80.74 per share, for a total transaction of $20,185,000.00. Following the completion of the transaction, the director owned 3,924,427 shares in the company, valued at approximately $316,858,235.98. This represents a 6.80% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Baiju Bhatt sold 67,422 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $75.38, for a total value of $5,082,270.36. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders acquired 680,000 shares of company stock valued at $55,306,560 and sold 571,602 shares valued at $41,959,746. Corporate insiders own 19.95% of the company’s stock.
Institutional Investors Weigh In On Robinhood Markets
Several hedge funds and other institutional investors have recently added to or reduced their stakes in HOOD. Empowered Funds LLC raised its holdings in Robinhood Markets by 46.7% during the first quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock worth $2,076,000 after purchasing an additional 15,885 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Robinhood Markets in the second quarter valued at $5,105,000. Federated Hermes Inc. increased its holdings in shares of Robinhood Markets by 106.2% in the second quarter. Federated Hermes Inc. now owns 63,957 shares of the company’s stock valued at $5,988,000 after buying an additional 32,933 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Robinhood Markets by 19.1% in the second quarter. NewEdge Advisors LLC now owns 89,676 shares of the company’s stock valued at $8,396,000 after buying an additional 14,356 shares in the last quarter. Finally, Nebula Research & Development LLC bought a new position in shares of Robinhood Markets in the second quarter valued at $1,316,000. Institutional investors own 93.27% of the company’s stock.
About Robinhood Markets
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.
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