Robinhood Markets (NASDAQ:HOOD) Stock Rating Reaffirmed as “Buy” by BTIG Research

Robinhood Markets (NASDAQ:HOOD)‘s stock had its “buy” rating restated by investment analysts at BTIG Research in a note issued to investors on Wednesday, Benzinga reports. They presently have a $135.00 price target on the stock. BTIG Research‘s price target would suggest a potential upside of 42.77% from the stock’s previous close.

Several other analysts also recently commented on HOOD. KeyCorp boosted their target price 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. Loop Capital set a $135.00 price objective on shares of Robinhood Markets in a research note on Tuesday, September 29th. Jefferies Financial Group boosted their price objective on shares of Robinhood Markets from $127.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, September 8th. Rosenblatt Securities restated a “buy” rating and issued a $135.00 price objective on shares of Robinhood Markets in a research note on Wednesday. Finally, Needham & Company LLC boosted their price objective on shares of Robinhood Markets from $123.00 to $126.00 and gave the stock a “buy” rating in a research note on Wednesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Robinhood Markets currently has an average rating of “Moderate Buy” and an average target price of $129.17.

Robinhood Markets Stock Up 1.9%

HOOD stock opened at $94.56 on Wednesday. The company has a market capitalization of $85.02 billion, a price-to-earnings ratio of 41.66 and a beta of 2.35. Robinhood Markets has a 12 month low of $63.51 and a 12 month high of $150.47. The firm has a 50 day moving average of $108.78 and a two-hundred day moving average of $93.44.

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

Insider Activity

In related news, insider Steven M. Quirk sold 24,416 shares of the company’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $120.33, for a total transaction of $2,937,977.28. Following the completion of the transaction, the insider directly owned 77,839 shares in the company, valued at $9,366,366.87. This represents a 23.88% decrease in their position. 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, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $113.72, for a total transaction of $42,645,000.00. Following the transaction, the chief executive officer owned 375,000 shares of the company’s stock, valued at approximately $42,645,000. The trade was a 50.00% decrease in their ownership of the stock. 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 sold 1,091,347 shares of company stock worth $128,447,880. Corporate insiders own 13.48% of the company’s stock.

Hedge Funds Weigh In On Robinhood Markets

Several large investors have recently bought and sold shares of the stock. Sage Rhino Capital LLC raised its stake in Robinhood Markets by 10.7% during the 3rd quarter. Sage Rhino Capital LLC now owns 2,507 shares of the company’s stock valued at $282,000 after purchasing an additional 243 shares during the last quarter. Childress Capital Advisors LLC raised its stake in Robinhood Markets by 4.6% during the 3rd 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 during the last quarter. D.A. Davidson & CO. raised its stake in 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 last quarter. North Dakota State Investment Board raised its stake 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 valued at $2,647,000 after purchasing an additional 969 shares during the last quarter. Finally, BLB&B Advisors LLC raised its stake in 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 currently owned by institutional investors and hedge funds.

Robinhood Markets News Roundup

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.