$20.13
0.04[0.20%]
At close: May 20
$20.13
0[0.00%]
PreMarket: 6:27AM EDT
Robinhood Markets
(NASDAQ:HOOD)Robinhood Markets Stock (NASDAQ:HOOD), Analyst Ratings, Price Targets, Predictions
Robinhood Markets Inc has a consensus price target of $16.29, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from B of A Securities, JMP Securities, and Morgan Stanley on May 17, 2024, May 16, 2024, and May 10, 2024. With an average price target of $24.33 between B of A Securities, JMP Securities, and Morgan Stanley, there's an implied 20.88% upside for Robinhood Markets Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
B of A Securities
JMP Securities
Morgan Stanley
Barclays
Piper Sandler
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Robinhood Markets
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/17/2024 | Buy Now | 19.23% | B of A Securities | Craig Siegenthaler | $14 → $24 | Upgrade | Underperform → Buy | Get Alert |
| 05/16/2024 | Buy Now | 49.03% | JMP Securities | Devin Ryan | → $30 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 05/10/2024 | Buy Now | -5.61% | Morgan Stanley | Michael Cyprys | $18 → $19 | Maintains | Equal-Weight | Get Alert |
| 05/09/2024 | Buy Now | 49.03% | JMP Securities | Devin Ryan | $28 → $30 | Maintains | Market Outperform | Get Alert |
| 05/09/2024 | Buy Now | -10.58% | Barclays | Benjamin Budish | $16 → $18 | Maintains | Underweight | Get Alert |
| 05/09/2024 | Buy Now | -10.58% | Piper Sandler | Patrick Moley | $17 → $18 | Maintains | Neutral | Get Alert |
| 05/09/2024 | Buy Now | — | Needham | John Todaro | — | Reiterates | → Hold | Get Alert |
| 05/06/2024 | Buy Now | — | Needham | John Todaro | — | Reiterates | → Hold | Get Alert |
| 05/06/2024 | Buy Now | 4.32% | Mizuho | Dan Dolev | $20 → $21 | Maintains | Buy | Get Alert |
| 04/22/2024 | Buy Now | 14.26% | Keybanc | Alex Markgraff | $22 → $23 | Maintains | Overweight | Get Alert |
| 04/15/2024 | Buy Now | -0.65% | Goldman Sachs | Will Nance | $18 → $20 | Maintains | Neutral | Get Alert |
| 04/12/2024 | Buy Now | -15.55% | Piper Sandler | Patrick Moley | $12.5 → $17 | Maintains | Neutral | Get Alert |
| 04/11/2024 | Buy Now | -20.52% | Citigroup | Christopher Allen | $13 → $16 | Downgrade | Neutral → Sell | Get Alert |
| 04/09/2024 | Buy Now | -10.58% | Morgan Stanley | Michael Cyprys | $11 → $18 | Maintains | Equal-Weight | Get Alert |
| 04/09/2024 | Buy Now | 39.1% | JMP Securities | Devin Ryan | $25 → $28 | Maintains | Market Outperform | Get Alert |
| 04/08/2024 | Buy Now | -20.52% | Barclays | Benjamin Budish | $11 → $16 | Maintains | Underweight | Get Alert |
| 04/03/2024 | Buy Now | -0.65% | Keefe, Bruyette & Woods | Kyle Voigt | → $20 | Initiates | → Market Perform | Get Alert |
| 03/28/2024 | Buy Now | 24.19% | JMP Securities | Devin Ryan | → $25 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 03/28/2024 | Buy Now | 9.29% | Keybanc | Josh Beck | $15 → $22 | Maintains | Overweight | Get Alert |
| 03/15/2024 | Buy Now | -0.65% | Mizuho | Dan Dolev | $17 → $20 | Maintains | Buy | Get Alert |
| 03/14/2024 | Buy Now | -20.52% | Deutsche Bank | Brian Bedell | $12 → $16 | Maintains | Hold | Get Alert |
| 03/14/2024 | Buy Now | 49.03% | Bernstein | Mahika Sapra | → $30 | Initiates | → Outperform | Get Alert |
| 02/14/2024 | Buy Now | 24.19% | JMP Securities | Devin Ryan | $23 → $25 | Maintains | Market Outperform | Get Alert |
| 02/14/2024 | Buy Now | -40.39% | JP Morgan | Kenneth Worthington | $10 → $12 | Maintains | Underweight | Get Alert |
| 02/14/2024 | Buy Now | -37.9% | Piper Sandler | Patrick Moley | $11.5 → $12.5 | Maintains | Neutral | Get Alert |
| 02/14/2024 | Buy Now | -45.36% | Barclays | Ross Sandler | $10 → $11 | Maintains | Underweight | Get Alert |
| 02/14/2024 | Buy Now | -25.48% | Keybanc | Josh Beck | $14 → $15 | Maintains | Overweight | Get Alert |
| 01/18/2024 | Buy Now | -25.48% | Mizuho | Dan Dolev | $14 → $15 | Maintains | Buy | Get Alert |
| 01/11/2024 | Buy Now | -42.87% | Goldman Sachs | Will Nance | $10 → $11.5 | Maintains | Neutral | Get Alert |
| 01/08/2024 | Buy Now | -30.45% | Keybanc | Josh Beck | $12 → $14 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Robinhood Markets (HOOD)?
The latest price target for Robinhood Markets (NASDAQ: HOOD) was reported by B of A Securities on May 17, 2024. The analyst firm set a price target for $24.00 expecting HOOD to rise to within 12 months (a possible 19.23% upside). 51 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Robinhood Markets (HOOD)?
The latest analyst rating for Robinhood Markets (NASDAQ: HOOD) was provided by B of A Securities, and Robinhood Markets upgraded their buy rating.
When was the last upgrade for Robinhood Markets (HOOD)?
The last upgrade for Robinhood Markets Inc happened on May 17, 2024 when B of A Securities raised their price target to $24. B of A Securities previously had an underperform for Robinhood Markets Inc.
When was the last downgrade for Robinhood Markets (HOOD)?
The last downgrade for Robinhood Markets Inc happened on April 11, 2024 when Citigroup changed their price target from $13 to $16 for Robinhood Markets Inc.
When is the next analyst rating going to be posted or updated for Robinhood Markets (HOOD)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Robinhood Markets, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Robinhood Markets was filed on May 17, 2024 so you should expect the next rating to be made available sometime around May 17, 2025.
Is the Analyst Rating Robinhood Markets (HOOD) correct?
While ratings are subjective and will change, the latest Robinhood Markets (HOOD) rating was a upgraded with a price target of $14.00 to $24.00. The current price Robinhood Markets (HOOD) is trading at is $20.13, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.