HOOD stock icon

Robinhood
HOOD

$18.94
4.06%

Market Cap: $16.8B

 

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 6,686 funds
0
Analysts bullish %
of 21 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

108% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 48

57% more repeat investments, than reductions

Existing positions increased: 187 | Existing positions reduced: 119

14% more capital invested

Capital invested by funds: $11.8B [Q1] → $13.5B (+$1.68B) [Q2]

13% more funds holding

Funds holding: 397 [Q1] → 449 (+52) [Q2]

7% more call options, than puts

Call options by funds: $805M | Put options by funds: $750M

0% more funds holding in top 10

Funds holding in top 10: 24 [Q1] → 24 (+0) [Q2]

0.04% less ownership

Funds ownership: 78.8% [Q1] → 78.76% (-0.04%) [Q2]

Research analyst outlook

21 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$17
10%
downside
Avg. target
$23
20%
upside
High target
$32
69%
upside

21 analyst ratings

positive
38%
neutral
43%
negative
19%
Barclays
Benjamin Budish
72% 1-year accuracy
52 / 72 met price target
6%upside
$20
Equal-Weight
Upgraded
6 Sept 2024
Deutsche Bank
Brian Bedell
53% 1-year accuracy
16 / 30 met price target
27%upside
$24
Buy
Upgraded
15 Aug 2024
Morgan Stanley
Michael Cyprys
60% 1-year accuracy
18 / 30 met price target
11%upside
$21
Equal-Weight
Maintained
14 Aug 2024
B of A Securities
Craig Siegenthaler
74% 1-year accuracy
14 / 19 met price target
69%upside
$32
Buy
Maintained
12 Aug 2024
Barclays
Benjamin Budish
72% 1-year accuracy
52 / 72 met price target
5%downside
$18
Underweight
Maintained
12 Aug 2024

Financial journalist opinion

Based on 34 articles about HOOD published over the past 30 days