Needham & Company LLC Has Lowered Expectations for Robinhood Markets (NASDAQ:HOOD) Stock Price

Robinhood Markets (NASDAQ:HOOD) had its price target decreased by equities research analysts at Needham & Company LLC from $145.00 to $135.00 in a research note issued to investors on Monday, MarketBeat.com reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s price target would indicate a potential upside of 16.93% from the company’s current price.

A number of other research firms have also recently weighed in on HOOD. Compass Point reaffirmed a “buy” rating on shares of Robinhood Markets in a report on Monday, October 27th. Loop Capital set a $152.00 price target on shares of Robinhood Markets in a research note on Thursday, December 11th. Morgan Stanley lifted their price target on Robinhood Markets from $146.00 to $147.00 and gave the company an “equal weight” rating in a report on Monday, December 22nd. CICC Research assumed coverage on Robinhood Markets in a report on Monday, October 27th. They issued an “outperform” rating and a $155.00 price objective for the company. Finally, Truist Financial started coverage on Robinhood Markets in a research report on Wednesday, December 17th. They issued a “buy” rating and a $155.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Robinhood Markets has a consensus rating of “Moderate Buy” and a consensus target price of $136.80.

Robinhood Markets Trading Down 1.7%

Shares of NASDAQ HOOD opened at $115.45 on Monday. Robinhood Markets has a 12-month low of $29.66 and a 12-month high of $153.86. The company has a market cap of $103.81 billion, a price-to-earnings ratio of 47.90, a price-to-earnings-growth ratio of 2.14 and a beta of 2.43. The stock’s 50 day simple moving average is $127.10 and its 200 day simple moving average is $116.37.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Wednesday, November 5th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.20. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.15 billion. Robinhood Markets had a return on equity of 21.74% and a net margin of 52.19%.The firm’s revenue for the quarter was up 100.0% on a year-over-year basis. During the same period last year, the company earned $0.17 earnings per share. As a group, equities analysts forecast that Robinhood Markets will post 1.35 earnings per share for the current fiscal year.

Insider Activity at Robinhood Markets

In other news, Director Baiju Bhatt sold 1,330,000 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $128.47, for a total transaction of $170,865,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven M. Quirk sold 49,942 shares of Robinhood Markets stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $131.15, for a total transaction of $6,549,893.30. Following the completion of the transaction, the insider directly owned 54,496 shares in the company, valued at $7,147,150.40. This represents a 47.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,936,763 shares of company stock valued at $371,050,559 over the last 90 days. 19.95% of the stock is currently owned by corporate insiders.

Institutional Trading of Robinhood Markets

Several institutional investors and hedge funds have recently added to or reduced their stakes in HOOD. Valley National Advisers Inc. increased its holdings in shares of Robinhood Markets by 113.6% in the third quarter. Valley National Advisers Inc. now owns 188 shares of the company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in shares of Robinhood Markets by 107.6% in the 3rd quarter. Golden State Wealth Management LLC now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 99 shares during the last quarter. Vision Financial Markets LLC raised its position in shares of Robinhood Markets by 100.0% during the third quarter. Vision Financial Markets LLC now owns 200 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the period. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of Robinhood Markets during the third quarter valued at $29,000. Finally, Guerra Advisors Inc acquired a new stake in Robinhood Markets during the 3rd quarter worth about $30,000. 93.27% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Robinhood Markets

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

• Positive Sentiment: Zacks includes HOOD among “4 Stocks to Buy for 2026,” highlighting Robinhood as a better bet than crypto for next year, which supports continued analyst interest and retail investor optimism. Read More.
• Positive Sentiment: Multiple Zacks pieces and other analyst write-ups tout HOOD’s long-term growth drivers (founder-led strategy, new products, crypto initiatives and global expansion), reinforcing buy-side momentum and several elevated price targets. Read More.
• Positive Sentiment: Industry thesis: prediction markets are growing rapidly (potentially large TAM), which benefits incumbents like Robinhood that already have distribution and Kalshi partnership exposure. That macro opportunity underpins much of the bullish analyst narrative. Read More.
• Neutral Sentiment: DraftKings’ official launch of its Predictions product raises competitive risk for Robinhood in prediction-market-adjacent revenue, but it also validates the market and could expand overall demand; watch early adoption metrics. Read More.
• Negative Sentiment: Insider selling is extensive: QuiverQuant documents many insider sales (CEO/founders among sellers), which can weigh on sentiment and raise governance questions for some investors. Read More.
• Negative Sentiment: Needham trimmed its price target from $145 to $135 (still a buy), a modest analyst tweak that can act as a short-term drag versus the recent rally. Read More.

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.