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

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

Other equities analysts have also issued reports about the company. Jefferies Financial Group decreased their target price on Robinhood Markets from $88.00 to $84.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Piper Sandler decreased their target price on Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Citigroup restated a “market outperform” rating on shares of Robinhood Markets in a research report on Thursday, May 28th. Barclays decreased their target price on Robinhood Markets from $89.00 to $82.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Finally, Truist Financial decreased their target price on Robinhood Markets from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Eighteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $110.18.

Insider Buying and Selling at Robinhood Markets

In other news, CEO Vladimir Tenev sold 375,000 shares of Robinhood Markets stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $69.83, for a total transaction of $26,186,250.00. Following the transaction, the chief executive officer owned 375,000 shares in the company, valued at $26,186,250. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $76.89, for a total transaction of $768,900.00. Following the sale, the insider owned 432,849 shares in the company, valued at $33,281,759.61. This trade represents a 2.26% decrease in their ownership of the stock. 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. Over the last three months, insiders have purchased 680,000 shares of company stock worth $55,306,560 and have sold 571,602 shares worth $41,959,746. Company insiders own 19.95% of the company’s stock.

Trending Headlines about Robinhood Markets

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

Institutional Trading of Robinhood Markets

Several hedge funds have recently bought and sold shares of the stock. Evolution Wealth Advisors LLC raised its holdings in Robinhood Markets by 5.2% during the 4th quarter. Evolution Wealth Advisors LLC now owns 1,916 shares of the company’s stock worth $217,000 after buying an additional 95 shares during the period. CogentBlue Wealth Advisors LLC raised its holdings in Robinhood Markets by 4.1% during the 4th quarter. CogentBlue Wealth Advisors LLC now owns 2,489 shares of the company’s stock worth $282,000 after buying an additional 98 shares during the period. Vision Financial Markets LLC raised its position in Robinhood Markets by 100.0% in the 3rd quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock valued at $29,000 after buying an additional 100 shares during the last quarter. Kovack Advisors Inc. raised its position in Robinhood Markets by 2.5% in the 3rd quarter. Kovack Advisors Inc. now owns 4,121 shares of the company’s stock valued at $590,000 after buying an additional 100 shares during the last quarter. Finally, SOA Wealth Advisors LLC. raised its position in Robinhood Markets by 11.5% in the 4th quarter. SOA Wealth Advisors LLC. now owns 968 shares of the company’s stock valued at $109,000 after buying an additional 100 shares during the last quarter. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Robinhood Markets Stock Performance

The stock has a 50-day moving average of $78.74 and a 200-day moving average of $92.42. The firm has a market cap 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 announced its earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). Robinhood Markets had a net margin of 41.12% and a return on equity of 21.39%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period in the prior year, the business posted $0.37 EPS. The firm’s quarterly revenue was up 15.1% compared to the same quarter last year. Sell-side analysts predict that Robinhood Markets, Inc. will post 1.86 EPS 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.