In the last trading session, 49.23 million shares of the Robinhood Markets Inc (NASDAQ:HOOD) were traded, and its beta was 2.36. Most recently the company’s share price was $93.46, and it changed around -$0.94 or -1.00% from the last close, which brings the market valuation of the company to $82.48B. HOOD currently trades at a discount to its 52-week high of $100.88, offering almost -7.94% off that amount. The share price’s 52-week low was $13.98, which indicates that the current value has risen by an impressive 85.04% since then. We note from Robinhood Markets Inc’s average daily trading volume that its 10-day average is 62.08 million shares, with the 3-month average coming to 45.54 million.
Robinhood Markets Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.79. If we narrow it down even further, the data shows that 1 out of 22 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 6 recommended HOOD as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight. Robinhood Markets Inc is expected to report earnings per share of 0.34 for the current quarter.
Robinhood Markets Inc (NASDAQ:HOOD) trade information
Instantly HOOD has showed a red trend with a performance of -1.00% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 100.88 on recent trading dayincreased the stock’s daily price by 7.36%. The company’s shares are currently up 316.12% year-to-date, but still up 12.56% over the last five days. On the other hand, Robinhood Markets Inc (NASDAQ:HOOD) is 29.32% up in the 30-day period. We can see from the shorts that 30.08 million shares have been sold at a short interest cover period of 0.81 day(s).
The consensus price target as assigned by Wall Street analysts is $82, which translates to bulls needing to decrease their stock price by -13.98% from its current value. Analyst projections state that HOOD is forecast to be at a low of $61 and a high of $99.
Robinhood Markets Inc (HOOD) estimates and forecasts
The year-over-year growth rate is expected to be 24.06%, up from the previous year.
Consensus estimates provided by 12 financial analysts predict the company will bring in an average of 897.8M in revenue for the current quarter. 12 analysts expect Robinhood Markets Inc to make 900.05M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 682M and 637M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 31.64%. Forecasts for the next quarter put sales growth at 41.29%.
Robinhood Markets Inc earnings are expected to increase by -17.86% in 2025, but the outlook is positive 7.25% per year for the next five years.
HOOD Dividends
Robinhood Markets Inc’s next quarterly earnings report is expected to be released on 2025-Apr-30.
Robinhood Markets Inc (NASDAQ:HOOD)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.85% of Robinhood Markets Inc shares, and 69.72% of them are in the hands of institutional investors. The stock currently has a share float of 70.32%. Robinhood Markets Inc stock is held by 1129.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 6.8571% of the shares, which is about 60.42 million shares worth $1.37 billion.
RIBBIT MANAGEMENT COMPANY, LLC, with 4.1094% or 36.21 million shares worth $822.28 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 24.26 shares worth $2.27 billion, making up 3.16% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund held roughly 16.54 shares worth around $1.55 billion, which represents about 2.16% of the total shares outstanding.
