Robinhood Markets (NASDAQ:HOOD) Trading 3.1% Higher Following Analyst Upgrade

Robinhood Markets, Inc. (NASDAQ:HOOD)’s stock price shot up 3.1% during trading on Monday after Zacks Research upgraded the stock from a strong sell rating to a hold rating. The stock traded as high as $85.63 and last traded at $85.04. 19,209,191 shares traded hands during trading, a decline of 35% from the average session volume of 29,752,832 shares. The stock had previously closed at $82.47.

A number of other research analysts have also recently weighed in on the stock. Compass Point reaffirmed a “buy” rating on shares of Robinhood Markets in a report on Wednesday, February 11th. Loop Capital set a $94.00 price target on shares of Robinhood Markets in a research report on Wednesday, May 27th. Morgan Stanley reduced their price target on shares of Robinhood Markets from $147.00 to $95.00 and set an “equal weight” rating for the company in a research report on Friday, April 10th. Keefe, Bruyette & Woods reduced their price target on shares of Robinhood Markets from $75.00 to $65.00 and set a “market perform” rating for the company in a research report on Wednesday, April 29th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $110.00 price target on shares of Robinhood Markets in a research report on Tuesday. Eighteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Robinhood Markets currently has a consensus rating of “Moderate Buy” and an average target price of $110.18.

Insider Activity at Robinhood Markets

In other Robinhood Markets news, Director Meyer Malka acquired 250,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was bought at an average price of $80.74 per share, with a total value of $20,185,000.00. Following the purchase, the director owned 3,924,427 shares in the company, valued at approximately $316,858,235.98. The trade was a 6.80% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Shiv Verma sold 5,436 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $77.36, for a total transaction of $420,528.96. Following the sale, the chief financial officer directly owned 47,311 shares of the company’s stock, valued at approximately $3,659,978.96. This represents a 10.31% 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. In the last 90 days, insiders have bought 680,000 shares of company stock worth $55,306,560 and have sold 571,602 shares worth $41,959,746. 19.95% of the stock is currently owned by insiders.

Robinhood Markets News Summary

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

• Positive Sentiment: CEO Vlad Tenev said Robinhood Securities has been approved to serve as an IPO underwriter, opening a potentially lucrative new revenue stream in investment banking and positioning the company to compete in a market dominated by major Wall Street firms. Robinhood CEO Says His Company Gets Green Light to Underwrite IPOs
• Positive Sentiment: Analysts raised their outlook on HOOD, citing growing optimism around Robinhood’s prediction-markets business and saying Wall Street may be underestimating that opportunity. Cantor Raises Robinhood Target On Prediction-Markets Venture It Says Wall Street Hasn’t Priced In
• Positive Sentiment: Director Meyer Malka bought 250,000 shares, worth about $20.2 million, signaling insider confidence after several recent purchases. Insider Trade: Meyer Malka Purchases Shares
• Positive Sentiment: Robinhood’s May operating data and commentary around perpetual futures and prediction markets kept investors focused on accelerating activity across newer products. Robinhood Markets, Inc. Reports May 2026 Operating Data
• Neutral Sentiment: Zacks upgraded Robinhood from “strong sell” to “hold,” which is an improvement in sentiment but not a strong bullish call. Robinhood’s Prediction Market Push: Why Rothera Matters
• Negative Sentiment: Some coverage still points to weakness in Robinhood’s crypto business and earlier bearish commentary, which may be tempering enthusiasm despite the newer growth initiatives. Robinhood’s Crypto Bet Is Structurally Different From Everyone Else’s

Hedge Funds Weigh In On Robinhood Markets

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Robinhood Markets by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 95,771,497 shares of the company’s stock valued at $10,831,756,000 after purchasing an additional 1,334,443 shares during the last quarter. State Street Corp boosted its holdings in Robinhood Markets by 2.7% in the 4th quarter. State Street Corp now owns 33,121,452 shares of the company’s stock valued at $3,746,036,000 after purchasing an additional 875,297 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Robinhood Markets by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 21,171,925 shares of the company’s stock valued at $2,386,944,000 after purchasing an additional 356,902 shares during the last quarter. Morgan Stanley boosted its holdings in Robinhood Markets by 23.9% in the 4th quarter. Morgan Stanley now owns 10,683,776 shares of the company’s stock valued at $1,208,335,000 after purchasing an additional 2,061,832 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Robinhood Markets in the 4th quarter worth approximately $1,202,160,000. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Robinhood Markets Trading Up 3.1%

The firm’s fifty day moving average price is $78.74 and its 200 day moving average price is $92.42. The stock has a market capitalization of $77.77 billion, a price-to-earnings ratio of 41.72, a price-to-earnings-growth ratio of 2.53 and a beta of 2.35.

Robinhood Markets (NASDAQ:HOOD) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.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 prior year, the company posted $0.37 earnings per share. The business’s revenue was up 15.1% compared to the same quarter last year. On average, analysts forecast that Robinhood Markets, Inc. will post 1.86 earnings per share for the current fiscal year.

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.