HOOD stock icon

Robinhood
HOOD

$22.28
0.91%
 

About: Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.

Employees: 2,200

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 34 analysts
0
News positive %
of 45 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

60% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 52

58% more capital invested

Capital invested by funds: $7.41B [Q4 2023] → $11.7B (+$4.26B) [Q1 2024]

25% more call options, than puts

Call options by funds: $757M | Put options by funds: $604M

14% more funds holding in top 10

Funds holding in top 10: 21 [Q4 2023] → 24 (+3) [Q1 2024]

13% more repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 120

9% more funds holding

Funds holding: 360 [Q4 2023] → 391 (+31) [Q1 2024]

1.04% less ownership

Funds ownership: 78.85% [Q4 2023] → 77.81% (-1.04%) [Q1 2024]

Research analyst outlook

34 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$11
51%
downside
Avg. target
$21
6%
downside
High target
$30
35%
upside

34 analyst ratings

16 positive
47%
11 neutral
32%
negative
21%
Goldman Sachs
Will Nance
6%downside
$21
Neutral
Maintained
11 Jul 2024
Barclays
Benjamin Budish
10%downside
$20
Underweight
Maintained
10 Jul 2024
Piper Sandler
Patrick Moley
10%downside
$20
Neutral
Maintained
9 Jul 2024
Wolfe Research
Steven Chubak
30%upside
$29
Outperform
Upgraded
26 Jun 2024
Deutsche Bank
Brian Bedell
10%downside
$20
Hold
Maintained
20 Jun 2024

Financial journalist opinion

Based on 45 articles about HOOD published over the past 30 days