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Robinhood Markets (HOOD) Stock Price, News & Analysis

$19.66
+0.72 (+3.80%)
(As of 09/9/2024 ET)
Today's Range
$19.04
$19.83
50-Day Range
$16.42
$24.63
52-Week Range
$7.91
$24.88
Volume
10.29 million shs
Average Volume
15.85 million shs
Market Capitalization
$17.39 billion
P/E Ratio
131.07
Dividend Yield
N/A
Price Target
$22.83

Robinhood Markets MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
16.1% Upside
$22.83 Price Target
Short Interest
Healthy
5.74% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.43mentions of Robinhood Markets in the last 14 days
Based on 33 Articles This Week
Insider Trading
Selling Shares
$23.49 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.00 out of 5 stars

Finance Sector

616th out of 850 stocks

Security Brokers & Dealers Industry

22nd out of 26 stocks

HOOD stock logo

About Robinhood Markets Stock (NASDAQ:HOOD)

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. It also provides various learning and education solutions comprise Snacks, an accessible digest of business news stories for a new generation of investors.; Learn, which is an online collection of beginners' guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free, premium news from sites from various sites, such as Barron's, Reuters, and Dow Jones. In addition, the company offers In-App Education, a resource that covers investing fundamentals, including why people invest, a stock market overview, and tips on how to define investing goals, as well as allows customers to understand the basics of investing before their first trade; and Crypto Learn and Earn, an educational module available to various crypto customers through Robinhood Learn to teach customers the basics related to cryptocurrency. Further, it provides Robinhood credit cards, cash card and spending accounts, and wallets. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.

HOOD Stock Price History

HOOD Stock News Headlines

Exposed: The Plot to Destroy America
Is Your Family Prepared for Kamala’s America? The coup has already begun. Kamala Harris is just one step away from the presidency, and her plan will devastate every state in America. Find out how to shield your wealth and thrive in the coming chaos.
Charles Schwab’s Initiative Changes Are a Long-Term Positive (HOOD)
Charles Schwab is the leading retail brokerage that continues to grow. In its second quarter, it achieved record client asset growth of 17% YoY to $9.4 trillion
Robinhood Markets, Inc. Reports August 2024 Operating Data
Robinhood Markets (NASDAQ:HOOD) Raised to Equal Weight at Barclays
Exposed: The Plot to Destroy America
Is Your Family Prepared for Kamala’s America? The coup has already begun. Kamala Harris is just one step away from the presidency, and her plan will devastate every state in America. Find out how to shield your wealth and thrive in the coming chaos.
3 Top Fintech Stocks to Buy in September
Barclays Upgrades Robinhood Markets (HOOD)
Barclays Upgrades Robinhood Markets (BIT:1HOOD)
Robinhood Markets (HOOD) was upgraded to a Hold Rating at Barclays
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/10/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security brokers & dealers
Sub-Industry
Trading
Current Symbol
NASDAQ:HOOD
Fax
N/A
Employees
2,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.83
High Stock Price Target
$32.00
Low Stock Price Target
$9.50
Potential Upside/Downside
+16.1%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
16 Analysts

Profitability

Net Income
$-541,000,000.00
Pretax Margin
13.72%

Debt

Sales & Book Value

Annual Sales
$1.87 billion
Book Value
$7.68 per share

Miscellaneous

Free Float
703,508,000
Market Cap
$17.39 billion
Optionable
Optionable
Beta
1.83
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HOOD Stock Analysis - Frequently Asked Questions

How have HOOD shares performed this year?

Robinhood Markets' stock was trading at $12.74 on January 1st, 2024. Since then, HOOD stock has increased by 54.3% and is now trading at $19.66.
View the best growth stocks for 2024 here
.

How were Robinhood Markets' earnings last quarter?

Robinhood Markets, Inc. (NASDAQ:HOOD) announced its quarterly earnings data on Wednesday, August, 7th. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.05. The firm's revenue was up 40.3% on a year-over-year basis.

When did Robinhood Markets IPO?

Robinhood Markets (HOOD) raised $2.2 billion in an initial public offering on Thursday, July 29th 2021. The company issued 55,000,000 shares at a price of $38.00-$42.00 per share. Goldman Sachs, J.P. Morgan, Barclays, Citigroup and Wells Fargo Securities acted as the underwriters for the IPO and Mizuho Securities, JMP Securities, Piper Sandler, KeyBanc Capital Markets, Rosenblatt Securities, BMO Capital Markets, BTIG, Santander, Academy Securities, Loop Capital Markets, Ramirez & Co. and Siebert Williams Shank were co-managers.

Who are Robinhood Markets' major shareholders?

Robinhood Markets' top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (2.71%), ARK Investment Management LLC (2.18%), Renaissance Technologies LLC (0.87%) and Susquehanna International Group LLP. Insiders that own company stock include Jason Warnick, Daniel Martin Gallagher Jr, Steven M Quirk, Scott D Sandell, Gretchen Howard, Baiju Bhatt and Vladimir Tenev.
View institutional ownership trends
.

How do I buy shares of Robinhood Markets?

Shares of HOOD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HOOD) was last updated on 9/10/2024 by MarketBeat.com Staff

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