Robinhood Markets, Inc. (HOOD)
| Market Cap | 17.76B |
| Revenue (ttm) | 2.04B |
| Net Income (ttm) | 127.00M |
| Shares Out | 878.84M |
| EPS (ttm) | 0.15 |
| PE Ratio | 130.83 |
| Forward PE | 47.45 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,650,192 |
| Open | 19.94 |
| Previous Close | 20.09 |
| Day's Range | 19.53 - 20.26 |
| 52-Week Range | 7.91 - 20.55 |
| Beta | 1.74 |
| Analysts | Hold |
| Price Target | 20.00 (-0.77%) |
| Earnings Date | May 8, 2024 |
About HOOD
Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services. It also provides various learning and education solutions comprise ... [Read more]
Financial Performance
In 2023, HOOD's revenue was $1.87 billion, an increase of 37.33% compared to the previous year's $1.36 billion. Losses were -$541.00 million, -47.37% less than in 2022.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for HOOD stock is "Hold." The 12-month stock price forecast is $20.0, which is a decrease of -0.77% from the latest price.
News
Robinhood stock price forecast: Bank of America sees upside to $24
Robinhood Markets Inc (NASDAQ: HOOD) is flying high on Friday after a Bank of America analyst issued a super bullish note in its favour.
Bank of America double upgrades Robinhood: Here's what you need to know
Bank of America analyst Craig Siegenthaler joins 'Money Movers' to discuss the firm's double upgrade of Robinhood.
Robinhood gets a double upgrade from Bank of America
Robinhood (HOOD) shares are trading higher after the company received a double upgrade from Bank of America. Robinhood now has a Buy rating after previously having an Underperform rating.
Robinhood's stock rockets as BofA sees retail renaissance in ‘early innings'
Retail traders are storming back, and a BofA analyst thinks that's good news for Robinhood Markets Inc.
Robinhood's Steve Quirk on the return of the meme stock trade
Steve Quirk, Robinhood chief brokerage officer, joins 'Squawk Box' to discuss the return of the meme stock trade, the ongoing price volatility in Bitcoin, and more.
GameStop and AMC Frenzy Dies Down. Why Robinhood May Be the Last Meme Standing.
A meme revival sent GameStop and AMC Entertainment stock cresting like it was 2021. But broker Robinhood, whose trading app is popular among retail investors, could be the real winner.
Robinhood Markets, Inc. Reports April 2024 Operating Data
MENLO PARK, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for April 2024:
Robinhood Crypto Launches Staking in Europe with Localized Apps to Follow
Robinhood Crypto is excited to announce a series of new features specifically designed for its customers in Europe, including staking and localized apps.
Robinhood Stock Is a Pick-and-Shovel Play on Meme Mania. It May Not Last.
A look at other brokerage stocks offers a reminder that factors such as high interest rates continue to put a lid on speculation.
Robinhood Markets, Inc. to Present at the J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024
MENLO PARK, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced that it will be participating in the upcoming J.P. Morgan Global Technology, M...
Opinion: Here's why Coinbase should acquire Robinhood
Coinbase (NASDAQ: COIN) and Robinhood (NASDAQ: HOOD) stock prices are in a recovery mode after plunging hard between late 2021 and 2023. Robinhood's shares have surged by 129% from its lowest point in...
Robinhood CEO discusses expansion into high-yield savings, retirement investing, and credit cards
Robinhood Markets (HOOD) posted its first-quarter results which revealed a gain in revenue, up 40% year-over-year, with revenue from crypto up 232%. Among the positive results showed thousands of cust...
Why are millions of people paying for Robinhood Gold?
One of Robinhood's appeals to retail investors is its commission-free trading, but a recent jump in its paid subscription service raises the question: are people willing to pay for “free” trades?
Robinhood makes headway beyond trading
Robinhood Markets' suite of new products, including its credit card and futures trading platform, will be crucial to drive growth as market fluctuations and regulatory risks cloud the near-term outloo...
Robinhood Reports Record Q1 Earnings After Cryptocurrency Surge
Robinhood stock initially surged after the retail brokerage firm reported earnings, but has since pulled back. Here's what you need to know.
Robinhood is becoming more than just a meme stock trading platform, says Mizuho's Dan Dolev
Dan Dolev, Mizuho senior analyst, joins 'Squawk Box' to break down Robinhood's quarterly earnings results, how much of the company's results are tied to crypto, state of crypto, and more.
Mizuho says buy Robinhood stock as its Q1 earnings were ‘as good as gold'
Robinhood Markets Inc (NASDAQ: HOOD) has gained a whopping 70% over the past three months but a Mizuho analyst is convinced it could extend the rally further in the coming months.
Robinhood Posts Record Results on Robust Cryptocurrency Trading
Shares of Robinhood Markets (HOOD) rose in intraday trading Thursday as the online brokerage posted record profits and sales on soaring cryptocurrency trading.
Robinhood jumps as retail trading rebound powers record quarter
Robinhood Markets jumped in premarket trading on Thursday after reporting record first-quarter revenue and profit thanks to mom-and-pop investors returning to its commission-free platform to trade cry...
Robinhood Markets Inc. stock price's rollercoaster provides more fuel for the meme stock debate
Those who watch the Robinhood Markets Inc stock price closely might be forgiven for getting a little dizzy in past twenty-four hours – it's certainly been a wild ride. Robinhood share prices rose 6.3%...
Robinhood Reports Return of Retail Traders, Surge in Crypto Trading
Online brokerage Robinhood Markets has reported first-quarter profits that exceeded expectations, driven by strong crypto trading volumes and increased net interest revenue. Robinhood's profit for the...
Most of our deposits come from existing customers, says Robinhood CEO Vlad Tenev
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
Robinhood's stock rallies 7% as company swings to profit, drums up more business
Shares of Robinhood Markets Inc. rose more than 6% in the extended session Wednesday after the company zoomed past Wall Street's expectations for the first quarter, saying it snapped up business from ...
Robinhood swings to profit from year-ago loss
Robinhood Markets reported a profit in the first quarter on Wednesday compared with a loss last year, helped by strong trading volumes and rate hikes that boosted its net interest revenue.
Robinhood climbs after reporting record earnings for first quarter
Shares of the brokerage firm rose after first-quarter results topped Wall Street expectations.