Robinhood Markets (NASDAQ:HOOD) Stock Price Up 2.5% – Here’s What Happened

Robinhood Markets, Inc. (NASDAQ:HOOD)’s stock price shot up 2.5% during trading on Thursday . The stock traded as high as $79.57 and last traded at $79.45. 22,482,606 shares were traded during trading, a decline of 27% from the average session volume of 30,783,652 shares. The stock had previously closed at $77.53.

Key Headlines Impacting Robinhood Markets

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

• Positive Sentiment: Goldman Sachs adjusted its HOOD price target and cited strong early‑year operating metrics, supporting the case for upside from improving fundamentals. Goldman Sachs Adjusts Robinhood Markets Price Target
• Positive Sentiment: Bitcoin’s rally ahead of Nvidia earnings boosted crypto trading expectations for Robinhood, a direct positive for trading volumes and crypto‑related revenue. Bitcoin Price Rose Close to $70,000. What Nvidia Earnings Mean for Cryptos.
• Positive Sentiment: Market writeups tie an intraday HOOD bounce to renewed crypto optimism, reinforcing the short‑term trading catalyst story. Robinhood (HOOD) Stock Trades Up, Here Is Why
• Positive Sentiment: Robinhood launched a $1B closed‑end pre‑IPO fund (Robinhood Ventures Fund I), diversifying feeable offerings and creating a potential new revenue stream. Robinhood Opens Pre IPO Access With New US$1b Closed End Fund
• Positive Sentiment: Robinhood unveiled a blockchain testnet for a new chain — a strategic move to deepen its crypto product moat and possible future monetization. Robinhood announces launch of testnet for its brand new chain
• Neutral Sentiment: Longer‑term thesis pieces argue the market may be underestimating Robinhood’s shift to higher‑margin products, though they flag recent revenue misses and crypto volatility as near‑term constraints. Why The Market Is Missing Robinhood’s High-Margin Makeover
• Neutral Sentiment: Retail chatter and small intraday bounces (Benzinga, WallStreetBets mentions) show heightened volatility and interest but are not confirmed sustained catalysts. Robinhood Stock Edges Higher Tuesday: What’s Driving The Action?
• Negative Sentiment: Director Baiju Bhatt sold ~65,694 shares (~$4.75M) on Feb. 23 — disclosed insider selling can weigh on sentiment even if for personal/liquidity reasons. SEC filing — Baiju Bhatt Form 4
• Negative Sentiment: Certain analysts trimmed price targets (reported ~15% cut to $130.24) and commentators grouped Robinhood with pressured financials — these actions can cap near‑term upside until top‑line momentum and crypto stability return. Robinhood Markets (HOOD) price target decreased by 15.09% to 130.24

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Cantor Fitzgerald reduced their price objective on shares of Robinhood Markets from $130.00 to $100.00 and set an “overweight” rating for the company in a report on Tuesday, February 17th. The Goldman Sachs Group reduced their price target on shares of Robinhood Markets from $152.00 to $130.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Argus assumed coverage on Robinhood Markets in a report on Friday, January 9th. They issued a “buy” rating and a $145.00 target price on the stock. Mizuho dropped their target price on Robinhood Markets from $172.00 to $135.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 17th. Finally, KeyCorp decreased their price objective on shares of Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating for the company in a report on Monday, February 9th. Seventeen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Robinhood Markets currently has an average rating of “Moderate Buy” and an average target price of $121.71.

Robinhood Markets Stock Performance

The company’s 50 day moving average is $100.89 and its 200 day moving average is $116.48. The stock has a market capitalization of $71.44 billion, a price-to-earnings ratio of 38.57, a PEG ratio of 1.48 and a beta of 2.43.

Robinhood Markets (NASDAQ:HOOD) last released its earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.03. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The firm’s revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period last year, the business earned $1.01 earnings per share. On average, equities research analysts anticipate that Robinhood Markets, Inc. will post 1.35 earnings per share for the current fiscal year.

Insider Buying and Selling at Robinhood Markets

In related news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $87.07, for a total transaction of $870,700.00. Following the completion of the transaction, the insider owned 393,612 shares in the company, valued at $34,271,796.84. This trade represents a 2.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven M. Quirk sold 52,540 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $87.81, for a total value of $4,613,537.40. Following the completion of the sale, the insider directly owned 27,564 shares in the company, valued at approximately $2,420,394.84. This represents a 65.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 706,633 shares of company stock worth $82,303,123 in the last 90 days. 14.47% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Robinhood Markets

Institutional investors and hedge funds have recently made changes to their positions in the company. Anchor Investment Management LLC acquired a new stake in shares of Robinhood Markets during the 4th quarter worth about $68,000. Banque Transatlantique SA boosted its position in Robinhood Markets by 32.2% in the fourth quarter. Banque Transatlantique SA now owns 15,000 shares of the company’s stock valued at $1,697,000 after buying an additional 3,656 shares in the last quarter. MidFirst Bank bought a new stake in Robinhood Markets during the fourth quarter worth about $426,000. Floyd Financial Group LLC bought a new stake in Robinhood Markets during the fourth quarter worth about $991,000. Finally, Beaird Harris Wealth Management LLC increased its holdings in shares of Robinhood Markets by 3.6% during the fourth quarter. Beaird Harris Wealth Management LLC now owns 31,502 shares of the company’s stock worth $3,563,000 after buying an additional 1,089 shares in the last quarter. Institutional investors and hedge funds 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.