Robinhood Markets (NASDAQ:HOOD) Given Buy Rating at BTIG Research

Robinhood Markets (NASDAQ:HOOD)‘s stock had its “buy” rating reiterated by investment analysts at BTIG Research in a research report issued to clients and investors on Wednesday, Benzinga reports. They currently have a $135.00 price objective on the stock. BTIG Research‘s target price would suggest a potential upside of 47.05% from the company’s previous close.

A number of other brokerages also recently issued reports on HOOD. KeyCorp upped their price objective on shares of Robinhood Markets from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 30th. Morgan Stanley boosted their target price on Robinhood Markets from $150.00 to $160.00 and gave the stock an “overweight” rating in a research note on Friday, October 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Robinhood Markets in a research report on Monday, September 21st. Sanford C. Bernstein reiterated an “outperform” rating and set a $160.00 price target on shares of Robinhood Markets in a report on Tuesday, September 8th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $135.00 price objective on shares of Robinhood Markets in a research report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $128.54.

Robinhood Markets Stock Down 2.9%

NASDAQ:HOOD traded down $2.76 during trading hours on Wednesday, hitting $91.80. 15,657,762 shares of the company traded hands, compared to its average volume of 26,499,754. The company has a market cap of $82.54 billion, a PE ratio of 40.49 and a beta of 2.35. The firm’s 50-day simple moving average is $108.78 and its 200-day simple moving average is $93.44. Robinhood Markets has a one year low of $63.51 and a one year high of $150.47.

Robinhood Markets (NASDAQ:HOOD) last announced its earnings results on Wednesday, October 28th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.56 by $0.04. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the prior year, the company earned $0.61 EPS. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. As a group, equities research analysts expect that Robinhood Markets will post 2.19 EPS for the current year.

Insider Buying and Selling

In other Robinhood Markets news, insider Daniel Gallagher, Jr. sold 10,000 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $113.71, for a total transaction of $1,137,100.00. Following the sale, the insider directly owned 499,943 shares of the company’s stock, valued at $56,848,518.53. This represents a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Oluwadara Treseder sold 1,875 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total transaction of $234,375.00. Following the transaction, the director owned 70,567 shares of the company’s stock, valued at $8,820,875. This represents a 2.59% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,091,347 shares of company stock worth $128,447,880 in the last quarter. 13.48% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Sage Rhino Capital LLC boosted its holdings in shares of Robinhood Markets by 10.7% in the third quarter. Sage Rhino Capital LLC now owns 2,507 shares of the company’s stock worth $282,000 after acquiring an additional 243 shares during the period. Childress Capital Advisors LLC grew its position in shares of Robinhood Markets by 4.6% in the third quarter. Childress Capital Advisors LLC now owns 7,988 shares of the company’s stock valued at $899,000 after purchasing an additional 352 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of Robinhood Markets by 7.8% during the 3rd quarter. D.A. Davidson & CO. now owns 25,902 shares of the company’s stock valued at $2,914,000 after purchasing an additional 1,868 shares during the period. North Dakota State Investment Board lifted its holdings in Robinhood Markets by 4.3% during the 3rd quarter. North Dakota State Investment Board now owns 23,530 shares of the company’s stock worth $2,647,000 after purchasing an additional 969 shares in the last quarter. Finally, BLB&B Advisors LLC lifted its holdings in Robinhood Markets by 1.3% during the 3rd quarter. BLB&B Advisors LLC now owns 79,844 shares of the company’s stock worth $8,982,000 after purchasing an additional 999 shares in the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Robinhood reported record quarterly revenue of approximately $1.42 billion, up about 12% year over year. Adjusted earnings of $0.60 per share exceeded the $0.56 consensus estimate, while net deposits reached $16 billion and Robinhood Gold subscribers rose to a record 5.2 million. Robinhood Reports Third Quarter 2026 Results
• Positive Sentiment: Strong options, equity and prediction-market activity helped offset cryptocurrency weakness. Event-contract trading reached a record, and the company said 14 business lines now generate at least $100 million in annualized revenue, supporting its strategy to diversify beyond crypto. Robinhood Q3 Highlights
• Positive Sentiment: Analysts remain broadly constructive. Citizens JMP reaffirmed “market outperform” with a $165 target, while Rosenblatt and BTIG maintained “buy” ratings with $135 targets. KeyCorp and Scotiabank also kept positive ratings despite lowering their targets to $135 and $124, respectively.
• Positive Sentiment: A partnership with Ripple to expand RLUSD access could broaden Robinhood’s stablecoin, institutional-market and treasury-management capabilities. Ripple strikes deal with Robinhood
• Neutral Sentiment: Several firms reduced price targets, including Truist to $125 and Needham to $116. The cuts indicate more cautious near-term assumptions, although each firm retained a buy-equivalent rating.
• Negative Sentiment: Crypto revenue declined 55% year over year to roughly $120 million as cryptocurrency markets cooled. Reported diluted EPS of $0.51 fell short of some Wall Street estimates, and revenue was slightly below consensus. Robinhood shares fall as crypto markets chill drives profit miss
• Negative Sentiment: Robinhood did not provide a 2026 outlook for total operating expenses, increasing uncertainty about margins. The Ohio Casino Control Commission also issued a cease-and-desist letter demanding that the company stop offering sports-related event contracts in the state.
• Negative Sentiment: Reports of substantial insider selling added pressure and may reinforce concerns about valuation and shareholder confidence.

Robinhood Markets Company Profile

Robinhood Markets, Inc is a financial services company that operates a digital brokerage platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company became known for offering commission-free trading and a mobile-first investing experience designed to broaden access to financial markets.

Through its platform, Robinhood provides brokerage services for stocks, exchange-traded funds, options and other investments. Its offerings also include cryptocurrency trading, individual retirement accounts, margin investing, cash management services and Robinhood Gold, a subscription-based product that provides additional features and benefits.