Needham & Company LLC Cuts Robinhood Markets (NASDAQ:HOOD) Price Target to $100.00

Robinhood Markets (NASDAQ:HOOD) had its price target reduced by Needham & Company LLC from $135.00 to $100.00 in a research note released on Wednesday, MarketBeat.com reports. They currently have a buy rating on the stock.

Several other analysts also recently weighed in on HOOD. Barclays reduced their price objective on shares of Robinhood Markets from $171.00 to $159.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. Morgan Stanley lifted their price target on shares of Robinhood Markets from $146.00 to $147.00 and gave the stock an “equal weight” rating in a research note on Monday, December 22nd. Piper Sandler restated an “overweight” rating on shares of Robinhood Markets in a research note on Monday, February 2nd. CICC Research began coverage on Robinhood Markets in a report on Monday, October 27th. They set an “outperform” rating and a $155.00 price objective on the stock. Finally, KeyCorp cut their target price on Robinhood Markets from $160.00 to $130.00 and set an “overweight” rating on the stock in a research report on Monday, February 9th. Eighteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $126.95.

Robinhood Markets Stock Performance

HOOD opened at $75.97 on Wednesday. Robinhood Markets has a one year low of $29.66 and a one year high of $153.86. The company has a market cap of $68.31 billion, a P/E ratio of 36.88, a PEG ratio of 1.13 and a beta of 2.43. The business’s 50-day simple moving average is $108.89 and its 200-day simple moving average is $118.14.

Robinhood Markets (NASDAQ:HOOD) last posted its earnings results on Tuesday, February 10th. The company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.03. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Robinhood Markets had a return on equity of 22.32% and a net margin of 42.10%.The firm’s revenue was up 26.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.01 earnings per share. As a group, analysts predict that Robinhood Markets will post 1.35 earnings per share for the current fiscal year.

Insider Buying and Selling at Robinhood Markets

In related news, CEO Vladimir Tenev sold 375,000 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $121.63, for a total value of $45,611,250.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CTO Jeffrey Tsvi Pinner sold 5,864 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $107.48, for a total value of $630,262.72. Following the sale, the chief technology officer directly owned 9,133 shares of the company’s stock, valued at approximately $981,614.84. This represents a 39.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,537,615 shares of company stock valued at $182,272,702 over the last ninety days. 14.47% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Empowered Funds LLC grew its position in Robinhood Markets by 46.7% in the 1st quarter. Empowered Funds LLC now owns 49,870 shares of the company’s stock valued at $2,076,000 after buying an additional 15,885 shares during the last quarter. Aberdeen Group plc lifted its stake in shares of Robinhood Markets by 51.8% in the 2nd quarter. Aberdeen Group plc now owns 27,895 shares of the company’s stock worth $2,612,000 after acquiring an additional 9,520 shares during the period. Apollon Wealth Management LLC purchased a new stake in shares of Robinhood Markets in the second quarter valued at about $1,017,000. Yousif Capital Management LLC increased its stake in shares of Robinhood Markets by 8.3% during the second quarter. Yousif Capital Management LLC now owns 9,473 shares of the company’s stock worth $887,000 after acquiring an additional 725 shares during the period. Finally, Sequoia Financial Advisors LLC increased its stake in shares of Robinhood Markets by 36.4% during the second quarter. Sequoia Financial Advisors LLC now owns 14,226 shares of the company’s stock worth $1,332,000 after acquiring an additional 3,800 shares during the period. Institutional investors and hedge funds own 93.27% of the company’s stock.

Robinhood Markets News Summary

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

• Positive Sentiment: Large institutional buying signals conviction from some long-term investors — Ark/ Cathie Wood bought roughly $34M of HOOD, which supports a recovery narrative after the crypto-driven sell-off. Cathie Wood Sees Opportunity in Robinhood’s Crypto Weakness
• Positive Sentiment: Some analysts argue the selloff is overblown — Truist told clients the pullback may be excessive and maintained a constructive view despite trimming its price target. That view helps underpin short-term buying. Robinhood (HOOD) Stock Selloff May Be Overblown, Said Truist
• Positive Sentiment: Management is pushing new growth levers (prediction markets, product velocity, international expansion) and outlined a path to $1T in platform assets — these strategic initiatives are being cited as reasons to look past near-term crypto weakness. Robinhood Outlines Path to $1T in Platform Assets
• Positive Sentiment: Multiple analysts and outlets are pitching HOOD as a buy-the-dip opportunity given its growth outside crypto and steep share decline from highs — this is attracting bargain hunters. Why Robinhood’s Near-50% Fall Could Be a Buy-the-Dip Opportunity
• Neutral Sentiment: Truist lowered its price target (from $130 to $120) but kept a Buy rating — that’s a mixed signal: confidence in medium-term upside but recognition of nearer-term risks. Truist Lowers Price Target on HOOD
• Neutral Sentiment: Broader tech and crypto market moves are weighing on HOOD — several pieces note HOOD trading more like bitcoin recently, amplifying volatility that may be unrelated to its core retail brokerage revenue growth. Robinhood’s Stock Is Now Trading Almost Exactly Like Bitcoin
• Negative Sentiment: Q4 results missed revenue expectations as crypto revenue collapsed (~38%), which triggered the initial selloff and investor concern about earnings sensitivity to crypto volumes. That earnings miss remains the primary near-term catalyst for selling pressure. Robinhood Stock Falls as Crypto Revenue Collapses
• Negative Sentiment: Analyst downgrades and negative headlines pushed shares sharply lower after earnings (some reports note ~9% intraday drops), increasing volatility and prompting short-term sellers. Robinhood Stock Down Following Analyst Downgrade

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.