In the latest trading session,, 16.91 million Robinhood Markets Inc (NASDAQ:HOOD) shares changed hands as the company’s beta touched 2.37. With the company’s most recent per share price at $109.05 changed hands at -$0.69 or -0.63% at last look, the market valuation stands at $96.23B. HOOD’s current price is a discount, trading about -4.03% off its 52-week high of $113.44. The share price had its 52-week low at $13.98, which suggests the last value was 87.18% up since then. When we look at Robinhood Markets Inc’s average trading volume, we note the 10-day average is 52.24 million shares, with the 3-month average coming to 44.69 million.
Analysts gave the Robinhood Markets Inc (HOOD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.81. If we narrow down to specifics, the data shows that 5 out of 18 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended HOOD as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Robinhood Markets Inc’s EPS for the current quarter is expected to be 0.34.
Robinhood Markets Inc (NASDAQ:HOOD) trade information
Instantly HOOD was in red as seen in intraday trades today. With action 9.09%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 350.98%, with the 5-day performance at 9.09% in the green. However, in the 30-day time frame, Robinhood Markets Inc (NASDAQ:HOOD) is 39.18% up. Looking at the short shares, we see there were 30.08 million shares sold at short interest cover period of 0.81 days.
The consensus price target for the stock as assigned by Wall Street analysts is 82, meaning bulls need a downside of -32.99% from its recent market value. According to analyst projections, HOOD’s forecast low is 61 with 99 as the target high. To hit the forecast high, the stock’s price needs a 9.22% surge from its current level, while the stock would need to tank 44.06% for it to hit the projected low.
Robinhood Markets Inc (HOOD) estimates and forecasts
Year-over-year growth is forecast to reach 24.06% up from the last financial year.
Consensus estimates given by 12 financial analysts project the company’s revenue in the current quarter to hit an average of 897.8M. 12 analysts are of the opinion that Robinhood Markets Inc’s revenue for the current quarter will be 900.05M. The company’s revenue for the corresponding quarters a year ago was 682M and 637M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 31.64%. The estimates for the next quarter sales put growth at 41.29%.
The 2025 estimates are for Robinhood Markets Inc earnings to decrease by -15.28%, but the outlook for the next 5-year period is at 8.96% per year.
HOOD Dividends
Robinhood Markets Inc is expected to release its next quarterly earnings report on 2025-Jun-26.
Robinhood Markets Inc (NASDAQ:HOOD)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.85% of Robinhood Markets Inc shares while 69.72% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 70.32%. There are 69.72% institutions holding the Robinhood Markets Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 6.8571% of the shares, roughly 60.42 million HOOD shares worth $1.37 billion.
RIBBIT MANAGEMENT COMPANY, LLC holds the second largest percentage of outstanding shares, with 4.1094% or 36.21 million shares worth $822.28 million as of 2024-06-30.
