Across the recent three months, 20 analysts have shared their insights on Robinhood Markets HOOD, expressing a variety of opinions spanning from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 7 | 7 | 2 | 2 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 2 | 1 | 0 | 1 |
| 2M Ago | 2 | 2 | 2 | 1 | 0 |
| 3M Ago | 0 | 2 | 4 | 1 | 1 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $22.25, along with a high estimate of $30.00 and a low estimate of $16.00. This current average reflects an increase of 14.28% from the previous average price target of $19.47.
Deciphering Analyst Ratings: An In-Depth Analysis
The analysis of recent analyst actions sheds light on the perception of Robinhood Markets by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Steven Chubak | Wolfe Research | Announces | Outperform | $29.00 | - |
| Brian Bedell | Deutsche Bank | Raises | Hold | $20.00 | $19.00 |
| Christopher Allen | Citigroup | Raises | Sell | $18.00 | $16.00 |
| Devin Ryan | JMP Securities | Maintains | Market Outperform | $30.00 | $30.00 |
| Devin Ryan | JMP Securities | Maintains | Market Outperform | $30.00 | $30.00 |
| Craig Siegenthaler | B of A Securities | Raises | Buy | $24.00 | $14.00 |
| Devin Ryan | JMP Securities | Maintains | Market Outperform | $30.00 | $30.00 |
| Michael Cyprys | Morgan Stanley | Raises | Equal-Weight | $19.00 | $18.00 |
| Devin Ryan | JMP Securities | Raises | Market Outperform | $30.00 | $28.00 |
| Benjamin Budish | Barclays | Raises | Underweight | $18.00 | $16.00 |
| Patrick Moley | Piper Sandler | Raises | Neutral | $18.00 | $17.00 |
| Dan Dolev | Mizuho | Raises | Buy | $21.00 | $20.00 |
| Alex Markgraff | Keybanc | Raises | Overweight | $23.00 | $22.00 |
| Will Nance | Goldman Sachs | Raises | Neutral | $20.00 | $18.00 |
| Patrick Moley | Piper Sandler | Raises | Neutral | $17.00 | $12.50 |
| Christopher Allen | Citigroup | Raises | Sell | $16.00 | $13.00 |
| Michael Cyprys | Morgan Stanley | Raises | Equal-Weight | $18.00 | $11.00 |
| Devin Ryan | JMP Securities | Raises | Market Outperform | $28.00 | $25.00 |
| Benjamin Budish | Barclays | Raises | Underweight | $16.00 | $11.00 |
| Kyle Voigt | Keefe, Bruyette & Woods | Announces | Market Perform | $20.00 | - |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Robinhood Markets. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Robinhood Markets compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Robinhood Markets's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Robinhood Markets's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Robinhood Markets analyst ratings.
Discovering Robinhood Markets: A Closer Look
Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.
Robinhood Markets's Economic Impact: An Analysis
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Robinhood Markets's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 40.14%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Robinhood Markets's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 25.4%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Robinhood Markets's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.31%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Robinhood Markets's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.4%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.61.
The Core of Analyst Ratings: What Every Investor Should Know
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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