Needham & Company LLC Reiterates “Buy” Rating for Robinhood Markets (NASDAQ:HOOD)

Robinhood Markets (NASDAQ:HOOD)‘s stock had its “buy” rating reissued by equities researchers at Needham & Company LLC in a research report issued on Wednesday,Benzinga reports. They presently have a $135.00 target price on the stock. Needham & Company LLC’s target price indicates a potential upside of 33.35% from the company’s current price.

Several other research analysts have also issued reports on the company. Bank of America cut their price target on Robinhood Markets from $166.00 to $154.00 and set a “buy” rating on the stock in a report on Wednesday, December 10th. Mizuho upped their target price on Robinhood Markets from $145.00 to $172.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Morgan Stanley lifted their price target on shares of Robinhood Markets from $146.00 to $147.00 and gave the company an “equal weight” rating in a research report on Monday, December 22nd. JMP Securities boosted their price target on shares of Robinhood Markets from $130.00 to $170.00 and gave the company a “market outperform” rating in a research note on Thursday, October 9th. Finally, Compass Point reaffirmed a “buy” rating on shares of Robinhood Markets in a research note on Monday, October 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Robinhood Markets currently has an average rating of “Moderate Buy” and a consensus target price of $136.62.

Robinhood Markets Trading Down 2.1%

NASDAQ:HOOD opened at $101.24 on Wednesday. Robinhood Markets has a 12 month low of $29.66 and a 12 month high of $153.86. The stock has a market capitalization of $91.03 billion, a price-to-earnings ratio of 42.01, a PEG ratio of 1.61 and a beta of 2.44. The firm has a fifty day simple moving average of $118.19 and a two-hundred day simple moving average of $119.74.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.61 earnings per share for the quarter, beating 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 net margin of 52.19% and a return on equity of 21.74%. The business’s quarterly revenue was up 100.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 earnings per share. Equities analysts predict that Robinhood Markets will post 1.35 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $121.58, for a total transaction of $1,215,800.00. Following the transaction, the insider directly owned 403,612 shares of the company’s stock, valued at $49,071,146.96. This trade represents a 2.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $121.63, for a total transaction of $45,611,250.00. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 2,878,425 shares of company stock worth $358,100,808. Company insiders own 14.47% of the company’s stock.

Institutional Trading of Robinhood Markets

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in Robinhood Markets by 24.9% in the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock worth $13,521,497,000 after purchasing an additional 18,824,923 shares during the last quarter. State Street Corp raised its stake in shares of Robinhood Markets by 103.2% during the 3rd quarter. State Street Corp now owns 32,246,155 shares of the company’s stock worth $4,617,004,000 after purchasing an additional 16,375,734 shares during the period. WCM Investment Management LLC boosted its holdings in shares of Robinhood Markets by 3,615.7% in the 2nd quarter. WCM Investment Management LLC now owns 11,555,160 shares of the company’s stock worth $1,081,910,000 after buying an additional 11,244,182 shares during the last quarter. Norges Bank bought a new position in Robinhood Markets during the second quarter valued at about $973,122,000. Finally, Paradigm Operations LP purchased a new stake in Robinhood Markets during the second quarter worth about $308,979,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Robinhood Markets

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

• Positive Sentiment: Bloomberg/Reuters report that the U.S. is weighing Robinhood to help operate newly proposed “Trump accounts” for millions of children — a potential large, high‑visibility services role that could add deposits, product usage and credibility if awarded. US mulls tapping Robinhood for ‘Trump accounts’ for kids, Bloomberg News reports
• Positive Sentiment: Multiple brokerages reaffirmed/raised ratings (Cantor Fitzgerald “strong‑buy”, Needham reaffirmed buy with $135 PT, Argus bullish) — analyst momentum supports buying interest and may attract model‑driven flows. Analyst coverage and upgrades (summary)
• Neutral Sentiment: CFTC chair signaled prediction markets (the type Robinhood is expanding into) will get new federal rules — regulatory clarity can be a long‑term positive but may also impose compliance costs; impact depends on final rule design. Prediction markets like Robinhood, Kalshi to get new federal rules, CFTC chair says
• Neutral Sentiment: YieldMax’s HOOY ETF (option‑income product tied to HOOD) was upgraded to buy — it offers a high dividend yield but uses option‑writing that caps upside and is highly sensitive to HOOD’s price moves, so it’s not a simple proxy for share appreciation. HOOY: Attractive Entry Before Robinhood’s Q4 Earnings (Rating Upgrade)
• Neutral Sentiment: Capital One’s acquisition of Brex (a vendor that counts Robinhood as a customer) could reshape payments infrastructure relationships — mixed implications for Robinhood’s B2B access and pricing. Capital One Stock Weak After Earnings, Brex Deal in Focus
• Negative Sentiment: Insider selling: CTO Jeffrey Tsvi Pinner sold 5,864 shares (~39% reduction of his disclosed holding) — an SEC Form 4 that can create short‑term selling pressure or raise questions even if executed for personal liquidity. Jeffrey Tsvi Pinner Sells 5,864 Shares of Robinhood Markets (NASDAQ:HOOD) Stock
• Negative Sentiment: Coverage noting HOOD “fell more than the broader market” underscores heightened volatility and sensitivity to headlines — short-term traders may amplify moves around news and volume spikes. Here’s Why Robinhood Markets, Inc. (HOOD) Fell More Than Broader Market
• Negative Sentiment: Prediction‑market operator faced PR/insider‑trading scrutiny after a suspicious trade tied to Maduro, raising reputational and regulatory risk for the niche — negative sentiment can spill over to platforms offering similar products. Prediction markets group begins 7-figure PR blitz after suspicious Maduro trade sparks insider-trading concerns

About Robinhood Markets

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.