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Robinhood Markets Inc has a consensus price target of $29.13 based on the ratings of 16 analysts. The high is $51 issued by Bernstein on November 20, 2024. The low is $11 issued by Barclays on February 14, 2024. The 3 most-recent analyst ratings were released by Bernstein, Piper Sandler, and Needham on November 20, 2024, November 18, 2024, and November 18, 2024, respectively. With an average price target of $42.33 between Bernstein, Piper Sandler, and Needham, there's an implied 13.77% upside for Robinhood Markets Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Robinhood Markets (NASDAQ:HOOD) was reported by Bernstein on November 20, 2024. The analyst firm set a price target for $51.00 expecting HOOD to rise to within 12 months (a possible 37.06% upside). 77 analyst firms have reported ratings in the last year.
The latest analyst rating for Robinhood Markets (NASDAQ:HOOD) was provided by Bernstein, and Robinhood Markets maintained their outperform rating.
The last upgrade for Robinhood Markets Inc happened on November 18, 2024 when Needham raised their price target to $40. Needham previously had a hold for Robinhood Markets Inc.
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.
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 November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.
While ratings are subjective and will change, the latest Robinhood Markets (HOOD) rating was a maintained with a price target of $30.00 to $51.00. The current price Robinhood Markets (HOOD) is trading at is $37.21, which is within the analyst’s predicted range.
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