Shares of Robinhood Markets, Inc. (NASDAQ:HOOD) saw a modest increase of 1.3% during trading on Friday, April 18, 2025, closing at $41.18 after reaching a high of $41.75 earlier in the day. Approximately 23,885,589 shares changed hands, marking a slight decline of 1% from the average daily volume of 24,183,991 shares. The stock had previously closed at $40.66.
Robinhood has recently been the focus of several notable analyst reports. On February 13, 2025, JPMorgan Chase & Co. raised their price target for Robinhood from $39.00 to $45.00, maintaining a "neutral" rating. Meanwhile, Raymond James initiated coverage on Robinhood shares on February 5, 2025, assigning a "market perform" rating.
In a contrasting move, Deutsche Bank Aktiengesellschaft cut its price target on Robinhood from $75.00 to $61.00 while retaining a "buy" rating in a report dated March 12, 2025. Wolfe Research also adjusted its stance, lowering the rating from "outperform" to "peer perform" on February 18, 2025. Additionally, Cantor Fitzgerald began coverage on the stock on March 6, 2025, with an "overweight" rating and a price target of $69.00.
Currently, Robinhood's stock holds a consensus rating of "Moderate Buy" with a consensus price target of $55.06, according to data from MarketBeat. The firm boasts a market capitalization of $37.27 billion, a price-to-earnings ratio of 26.81, a PEG ratio of 1.05, and a beta of 2.17. The stock's fifty-day moving average stands at $44.89, while the two-hundred-day moving average is at $40.41.
Robinhood last announced its earnings results on February 12, 2025, reporting earnings per share of $0.54 for the quarter, surpassing the consensus estimate of $0.41 by $0.13. The firm achieved a return on equity of 13.53% and a net margin of 47.81%. Analysts predict that Robinhood will post earnings per share of 1.35 for the current year.
In terms of insider activity, CEO Vladimir Tenev sold 500,000 shares of the company on January 22, 2025, at an average price of $50.77, totaling $25,385,000. Director Baiju Bhatt also sold 90,866 shares on the same day for an average of $50.67, amounting to $4,604,180.22. Following this transaction, Bhatt holds 5,042 shares valued at $255,478.14. Over the past three months, insiders have sold a total of 2,784,193 shares worth $137,892,219, representing a 19.95% ownership stake in the company.
Institutional investors have recently made significant changes to their positions in Robinhood. FMR LLC increased its holdings by 184.8% in the fourth quarter, now owning 40,237,478 shares valued at $1,499,248,000 after acquiring an additional 26,107,934 shares. Newlands Management Operations LLC raised its stake by 1.1%, owning 24,158,860 shares worth $900,159,000 after purchasing 273,860 shares in the last quarter. Geode Capital Management LLC also raised its stake by 4.8%, now owning 12,175,972 shares valued at $455,464,000 after acquiring an additional 555,299 shares.
Renaissance Technologies LLC lifted its holdings by 34.4%, now owning 12,078,116 shares valued at $450,031,000 after buying an additional 3,091,514 shares. Two Sigma Advisers LP grew its stake by 0.5%, owning 10,699,600 shares valued at $398,667,000 after purchasing 52,700 shares. Currently, institutional investors and hedge funds control 93.27% of Robinhood's stock.
Robinhood Markets, Inc. operates a financial services platform in the United States, allowing users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. Its platform provides features such as fractional trading, recurring investments, fully-paid securities lending, margin trading, cash sweep, instant withdrawals, retirement programs, around-the-clock trading, and initial public offerings participation.
The company has recently garnered attention from prominent investors. On April 23, 2025, Cathie Wood’s ARK Investment purchased 60,300 shares of Robinhood, indicating confidence in the company's future prospects. However, KeyBanc has lowered its price target on Robinhood from $75 to $55 while maintaining an "overweight" rating. The firm stated that as they approach the first-quarter earnings reports, they are adjusting estimates and price targets with a cautious approach due to uncertainty surrounding the remainder of the year. KeyBanc noted, "We do not know what we don’t know, thus ‘cautious’ seems the prudent lens through which to look at our coverage universe."
As Robinhood continues to navigate the volatile landscape of financial markets, it remains to be seen how these changes and analyst ratings will impact its stock performance in the coming months. With a mix of cautious optimism and strategic adjustments from analysts and investors alike, Robinhood is positioned to either solidify its status as a Wall Street darling or face challenges ahead.
