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 note issued to investors on Wednesday, Benzinga reports. They currently have a $135.00 target price on the stock. BTIG Research‘s price objective indicates a potential upside of 49.42% from the stock’s previous close.

A number of other brokerages have also recently weighed in on HOOD. Evercore started coverage on Robinhood Markets in a research report on Monday, October 12th. They issued an “outperform” rating and a $130.00 price target for the company. Deutsche Bank Aktiengesellschaft reduced their price target on Robinhood Markets from $138.00 to $134.00 and set a “buy” rating for the company in a research report on Tuesday, September 29th. Scotiabank initiated coverage on Robinhood Markets in a research report on Wednesday, September 2nd. They set a “sector outperform” rating and a $136.00 price objective for the company. Wells Fargo & Company cut their price objective on Robinhood Markets from $125.00 to $120.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 14th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Robinhood Markets in a research report on Monday, October 5th. 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 assigned a Sell rating to the stock. According to MarketBeat, Robinhood Markets currently has a consensus rating of “Moderate Buy” and an average target price of $128.54.

Robinhood Markets Price Performance

Shares of NASDAQ:HOOD opened at $90.35 on Wednesday. Robinhood Markets has a fifty-two week low of $63.51 and a fifty-two week high of $150.47. The business has a 50-day moving average of $108.78 and a two-hundred day moving average of $93.44. The stock has a market capitalization of $81.23 billion, a P/E ratio of 39.83 and a beta of 2.35.

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

Insider Buying and Selling

In other Robinhood Markets news, Director Oluwadara Treseder sold 1,875 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total value of $234,375.00. Following the sale, the director directly owned 70,567 shares in the company, valued at $8,820,875. This trade represents a 2.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vladimir Tenev sold 375,000 shares of the firm’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $113.72, for a total transaction of $42,645,000.00. Following the completion of the sale, the chief executive officer owned 375,000 shares in the company, valued at $42,645,000. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,091,347 shares of company stock worth $128,447,880. 13.48% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Robinhood Markets

Several institutional investors and hedge funds have recently added to or reduced their stakes in HOOD. Wellington Management Group LLP lifted its holdings in Robinhood Markets by 37.1% during the 2nd quarter. Wellington Management Group LLP now owns 786,318 shares of the company’s stock worth $78,852,000 after buying an additional 212,855 shares in the last quarter. Nykredit A S acquired a new position in Robinhood Markets during the 2nd quarter worth $29,008,000. QRG Capital Management Inc. lifted its holdings in Robinhood Markets by 14.8% during the 2nd quarter. QRG Capital Management Inc. now owns 180,595 shares of the company’s stock worth $18,110,000 after buying an additional 23,253 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Robinhood Markets by 18.3% during the 2nd quarter. NewEdge Advisors LLC now owns 68,920 shares of the company’s stock worth $6,911,000 after buying an additional 10,685 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in Robinhood Markets during the 2nd quarter worth $22,691,000. 93.27% of the stock is currently owned by institutional investors.

Key Robinhood Markets News

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.