Robinhood Markets (NASDAQ:HOOD) Stock Keeps Market Outperform Rating at Citizens Jmp

Robinhood Markets (NASDAQ:HOOD)‘s stock had its “market outperform” rating restated by Citizens Jmp in a research report issued on Wednesday, Benzinga reports. They presently have a $165.00 target price on the stock. Citizens Jmp‘s price objective points to a potential upside of 80.80% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. CICC Research lifted their target price on shares of Robinhood Markets from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. The Goldman Sachs Group lifted their target price on shares of Robinhood Markets from $144.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, September 29th. Raymond James Financial restated a “market perform” rating on shares of Robinhood Markets in a report on Monday, October 5th. Needham & Company LLC lowered their target price on shares of Robinhood Markets from $126.00 to $116.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Robinhood Markets in a research note on Tuesday, September 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $128.54.

Robinhood Markets Stock Performance

Robinhood Markets stock opened at $91.26 on Wednesday. The firm has a market cap of $82.05 billion, a price-to-earnings ratio of 40.11 and a beta of 2.35. Robinhood Markets has a 1 year low of $63.51 and a 1 year high of $150.47. The firm’s 50 day moving average price is $108.78 and its two-hundred day moving average price is $93.44.

Robinhood Markets (NASDAQ:HOOD) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.04. The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.44 billion. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.61 earnings per share. As a group, equities analysts predict that Robinhood Markets will post 2.19 EPS for the current fiscal year.

Insider Buying and Selling

In other Robinhood Markets news, CFO Shiv Verma sold 11,472 shares of Robinhood Markets stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $110.42, for a total value of $1,266,738.24. Following the completion of the sale, the chief financial officer owned 56,858 shares in the company, valued at $6,278,260.36. The trade was a 16.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 24,416 shares of Robinhood Markets stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $120.33, for a total transaction of $2,937,977.28. Following the completion of the sale, the insider owned 77,839 shares of the company’s stock, valued at $9,366,366.87. This trade represents a 23.88% 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. Over the last quarter, insiders have sold 1,091,347 shares of company stock worth $128,447,880. Corporate insiders own 13.48% of the company’s stock.

Institutional Investors Weigh In On Robinhood Markets

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

About Robinhood Markets

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.