Truist Financial Cuts Robinhood Markets (NASDAQ:HOOD) Price Target to $130.00

Robinhood Markets (NASDAQ:HOOD) had its price objective lowered by Truist Financial from $155.00 to $130.00 in a research note released on Friday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Several other brokerages also recently issued reports on HOOD. JMP Securities upped their price objective on Robinhood Markets from $130.00 to $170.00 and gave the company a “market outperform” rating in a research report on Thursday, October 9th. Dbs Bank upgraded shares of Robinhood Markets to a “moderate buy” rating in a report on Wednesday, November 12th. Cantor Fitzgerald raised shares of Robinhood Markets to a “strong-buy” rating in a research note on Tuesday, January 27th. KeyCorp boosted their price objective on shares of Robinhood Markets from $135.00 to $155.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Robinhood Markets in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $135.43.

Robinhood Markets Stock Performance

HOOD stock opened at $82.82 on Friday. Robinhood Markets has a 1 year low of $29.66 and a 1 year high of $153.86. The stock’s 50 day moving average price is $113.99 and its 200 day moving average price is $119.21. The firm has a market cap of $74.47 billion, a P/E ratio of 34.37, a PEG ratio of 1.30 and a beta of 2.44.

Insider Activity at Robinhood Markets

In other news, insider Steven M. Quirk sold 52,540 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $87.81, for a total transaction of $4,613,537.40. Following the completion of the sale, the insider directly owned 27,564 shares in the company, valued at $2,420,394.84. This represents a 65.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Daniel Martin Gallagher, Jr. sold 120,000 shares of Robinhood Markets stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $132.13, for a total value of $15,855,600.00. Following the completion of the transaction, the insider owned 430,012 shares in the company, valued at $56,817,485.56. The trade was a 21.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,537,615 shares of company stock worth $182,272,702 in the last 90 days. Company insiders own 19.95% of the company’s stock.

Hedge Funds Weigh In On Robinhood Markets

Large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Robinhood Markets by 24.9% in the third quarter. Vanguard Group Inc. now owns 94,437,054 shares of the company’s stock valued at $13,521,497,000 after buying an additional 18,824,923 shares during the period. State Street Corp increased its position in shares of Robinhood Markets by 103.2% in the third quarter. State Street Corp now owns 32,246,155 shares of the company’s stock worth $4,617,004,000 after acquiring an additional 16,375,734 shares in the last quarter. WCM Investment Management LLC lifted its holdings in shares of Robinhood Markets by 3,615.7% during the 2nd quarter. WCM Investment Management LLC now owns 11,555,160 shares of the company’s stock valued at $1,081,910,000 after acquiring an additional 11,244,182 shares in the last quarter. Norges Bank acquired a new position in shares of Robinhood Markets during the 2nd quarter valued at $973,122,000. Finally, Paradigm Operations LP purchased a new stake in Robinhood Markets during the 2nd quarter worth $308,979,000. 93.27% of the stock is currently 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: Broad market rally helped lift HOOD intraday as Nvidia-led strength boosted risk assets and magnitude of gains for many fintech names. Stock market today: Dow soars 800 points as Nvidia jumps 7%; Robinhood surges (live coverage)
• Positive Sentiment: Analyst upgrade (Seeking Alpha piece) rates HOOD a buy ahead of Q4, citing valuation pullback and diversification into subscriptions, net interest and new products—this narrative supports upside if earnings beat. Robinhood: A Buy Ahead Q4 Earnings (Rating Upgrade)
• Positive Sentiment: Previews from Zacks and others highlight solid equity and options trading that could buoy Q4 results even as crypto lags—this revenue mix reduces single-asset sensitivity and underpins near-term earnings upside. Solid Equity, Options Trading to Aid HOOD Q4 Earnings Amid Crypto Slump
• Positive Sentiment: Stories flag potential new revenue catalysts—possible role on a SpaceX IPO and the opportunity to re-engage high-profile account flows—which could lift deposits/trading activity if realized. Robinhood’s Potential SpaceX IPO Role And Trump Accounts Opportunity
• Neutral Sentiment: Truist lowered its price target to $130 (from $155) but maintained a Buy rating—reduces upside relative to prior targets while still signaling analyst confidence; useful context for target-driven positioning. Analyst price-target note (Benzinga/TickerReport)
• Neutral Sentiment: Analyst-modeling previews (Zacks and others) lay out key metrics—user activity, BTC volumes, net interest and subscriptions—to watch in the Q4 print; these items will determine how much the crypto move affects the actual earnings reaction. What Analyst Projections for Key Metrics Reveal About Robinhood Markets (HOOD) Q4 Earnings
• Negative Sentiment: Falling cryptocurrency prices and weaker prediction-market activity are immediate headwinds for crypto revenue and trading volumes—this is cited as a key reason for recent downward pressure on HOOD. Falling Cryptocurrency Prices and Concerns Surrounding Lower Prediction Market Activity Weighs on Robinhood Markets (HOOD)
• Negative Sentiment: Broad crypto selloff knocked down crypto-exposed fintech peers; Robinhood shares moved lower alongside Coinbase and Circle during the Bitcoin crash—illustrates vulnerability to sharp crypto moves. Robinhood, Coinbase, Circle shares slide after Bitcoin crash
• Negative Sentiment: Recent insider selling (Steven Quirk, Daniel M. Gallagher Jr.) disclosed in Form 4 filings—large reductions in holdings can be perceived negatively by the market. Robinhood Markets (NASDAQ:HOOD) Insider Daniel Martin Gallagher, Jr. Sells 10,000 Shares
• Negative Sentiment: Options-focused commentary highlighted an extended pre-earnings pullback (multi-day losing streak), raising short-term downside risk into the report if results disappoint. Robinhood Stock Eyes 8th Consecutive Loss Before Earnings

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.