Brokerages Set Robinhood Markets, Inc. (NASDAQ:HOOD) Target Price at $118.00

06 Apr 2026, 05:18 by Doug Wharley · The Cerbat Gem

Shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Get Free Report) have earned an average recommendation of “Moderate Buy” from the twenty-five brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have issued a buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $117.5833.

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group cut their price target on shares of Robinhood Markets from $102.00 to $91.00 and set a “buy” rating on the stock in a report on Thursday, March 26th. Barclays lowered their price objective on shares of Robinhood Markets from $159.00 to $124.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Piper Sandler reduced their target price on Robinhood Markets from $155.00 to $135.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Needham & Company LLC decreased their target price on Robinhood Markets from $100.00 to $90.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Argus assumed coverage on Robinhood Markets in a report on Friday, January 9th. They set a “buy” rating and a $145.00 price target on the stock.

Get Our Latest Analysis on Robinhood Markets

Insiders Place Their Bets

In other Robinhood Markets news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of Robinhood Markets stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $75.49, for a total transaction of $754,900.00. Following the transaction, the insider owned 452,849 shares of the company’s stock, valued at $34,185,571.01. The trade was a 2.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 52,540 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $87.81, for a total value of $4,613,537.40. Following the completion of the transaction, the insider owned 27,564 shares in the company, valued at $2,420,394.84. This represents a 65.59% decrease in their position. 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. In the last ninety days, insiders sold 78,404 shares of company stock worth $6,869,400. 14.47% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. World Investment Advisors grew its holdings in shares of Robinhood Markets by 18.5% during the 4th quarter. World Investment Advisors now owns 15,635 shares of the company’s stock valued at $1,768,000 after acquiring an additional 2,443 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in shares of Robinhood Markets during the fourth quarter worth $57,000. Corient Private Wealth LLC boosted its position in Robinhood Markets by 94.3% during the fourth quarter. Corient Private Wealth LLC now owns 93,449 shares of the company’s stock valued at $10,588,000 after purchasing an additional 45,344 shares during the last quarter. Hsbc Holdings PLC boosted its position in Robinhood Markets by 9.8% during the fourth quarter. Hsbc Holdings PLC now owns 1,449,346 shares of the company’s stock valued at $164,612,000 after purchasing an additional 129,095 shares during the last quarter. Finally, SHP Wealth Management purchased a new position in Robinhood Markets in the fourth quarter valued at about $32,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Robinhood Markets News Summary

Here are the key news stories impacting Robinhood Markets this week:

Positive Sentiment: Banking deposits top $1.5B, showing early success of Robinhood Banking and stronger customer “stickiness” that can diversify revenues away from trading fees — a potentially stabilizing, long‑term positive for HOOD’s valuation. Robinhood Banking Deposits Grow As Trading Heavy Model Faces New Test
Positive Sentiment: Analyst note (Seeking Alpha) suggests a technical/valuation rebound may be forming after prior weakness, which could attract buyers if trading metrics and crypto sentiment stabilize. Robinhood: A New Bull Cycle Is Forming (Rating Upgrade)
Neutral Sentiment: Needham trimmed its price target from $100 to $90 but kept a buy rating — a modest recalibration that tempers upside expectations without changing a constructive stance. Benzinga
Neutral Sentiment: Profile pieces on CEO Vlad Tenev and product roadmap highlight management focus on building “meaningful” products (banking, crypto, prediction markets) — supportive narrative but longer‑dated for near‑term share moves. Vlad Tenev profile
Neutral Sentiment: Reports that Morgan Stanley/E*TRADE may lead SpaceX retail allocation raise questions about Robinhood’s role in high‑profile IPO access — a potential missed revenue/PR opportunity but not yet decisive. A Look At Robinhood Markets (HOOD) Valuation After SpaceX IPO Allocation Concerns
Negative Sentiment: Wave of analyst downgrades and lower trading volumes are pressuring sentiment — continuing crypto drawdowns (Bitcoin weakness) are directly reducing crypto‑linked trading revenue and weighing on HOOD’s near‑term topline. Robinhood Stock Faces Wave Of Analyst Downgrades
Negative Sentiment: Crypto sell‑off headlines (Bitcoin down, broader crypto momentum fading) have triggered pullbacks in crypto‑exposed brokers, including Robinhood, which amplifies short‑term downside risk until crypto stabilizes. Bitcoin tumbles, crypto momentum fades
Neutral Sentiment: Robinhood filed suit against Washington state after a crackdown related to Kalshi/prediction markets — litigation is a double‑edged catalyst: it seeks to protect product expansion but introduces legal uncertainty and potential costs. Robinhood sues Washington after state crackdown on Kalshi prediction markets
Positive Sentiment: Related federal action: the U.S. government sued several states to block state regulation of prediction markets, which could strengthen the legal/operating environment for Kalshi‑style products if federal preemption holds. That outcome would be supportive for Robinhood’s product expansion. US sues Arizona, Connecticut, Illinois to stop regulation of prediction markets

Robinhood Markets Stock Performance

Shares of HOOD opened at $68.90 on Wednesday. The business’s 50-day moving average price is $78.59 and its 200 day moving average price is $109.72. The stock has a market capitalization of $62.03 billion, a P/E ratio of 33.45, a P/E/G ratio of 1.63 and a beta of 2.46. Robinhood Markets has a 1-year low of $29.66 and a 1-year high of $153.86.

Robinhood Markets (NASDAQ:HOOD – Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.03. Robinhood Markets had a net margin of 42.10% and a return on equity of 22.32%. The company had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the firm earned $1.01 earnings per share. The business’s quarterly revenue was up 26.5% on a year-over-year basis. On average, research analysts predict that Robinhood Markets will post 1.35 earnings per share for the current year.

About Robinhood Markets

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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.