Robinhood Markets (HOOD) Expected to Announce Quarterly Earnings on Wednesday

Robinhood Markets (NASDAQ:HOOD - Get Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect Robinhood Markets to post earnings of $0.41 per share and revenue of $917.12 million for the quarter.

Robinhood Markets (NASDAQ:HOOD - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.13. Robinhood Markets had a return on equity of 13.53% and a net margin of 47.81%. On average, analysts expect Robinhood Markets to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Robinhood Markets Stock Performance

Shares of HOOD stock traded up $1.30 on Friday, reaching $49.45. 34,530,486 shares of the company's stock traded hands, compared to its average volume of 24,798,387. The business's 50 day moving average price is $43.71 and its two-hundred day moving average price is $40.62. The company has a market capitalization of $43.79 billion, a P/E ratio of 31.50, a price-to-earnings-growth ratio of 1.05 and a beta of 2.17. Robinhood Markets has a 12-month low of $13.98 and a 12-month high of $66.91.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on HOOD. KeyCorp reduced their price target on shares of Robinhood Markets from $75.00 to $55.00 and set an "overweight" rating for the company in a research report on Wednesday. Barclays dropped their price target on shares of Robinhood Markets from $76.00 to $45.00 and set an "overweight" rating on the stock in a research note on Monday, April 7th. JPMorgan Chase & Co. boosted their target price on Robinhood Markets from $39.00 to $45.00 and gave the company a "neutral" rating in a research note on Thursday, February 13th. Piper Sandler boosted their price target on Robinhood Markets from $54.00 to $75.00 and gave the company an "overweight" rating in a research note on Thursday, February 13th. Finally, Morgan Stanley cut shares of Robinhood Markets from an "overweight" rating to an "equal weight" rating and set a $40.00 target price for the company. in a research note on Tuesday, April 8th. Six analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $53.88.

Insiders Place Their Bets

In related news, insider Daniel Martin Gallagher, Jr. sold 25,000 shares of the business's stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $38.31, for a total transaction of $957,750.00. Following the transaction, the insider now directly owns 822,825 shares in the company, valued at $31,522,425.75. The trade was a 2.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Jeffrey Tsvi Pinner sold 5,876 shares of the firm's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $47.82, for a total value of $280,990.32. The disclosure for this sale can be found here. Insiders have sold a total of 2,240,460 shares of company stock valued at $110,036,750 in the last three months. Company insiders own 19.95% of the company's stock.

About Robinhood Markets

Robinhood Markets, Inc operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.