Robinhood (HOOD) Provides Investor Updates

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Goldman Sachs Assumes Robinhood Markets (HOOD) at Buy

December 5, 2024 5:09 PM UTC

Goldman Sachs analyst James Yaro assumes coverage on Robinhood Markets (NASDAQ: HOOD) with a Buy rating and a price target of $46.00.

The analyst comments "We assume coverage of Robinhood Markets (HOOD) and upgrade it to Buy from Neutral, with a $46 price target, based on 30.5x Q5-Q8 P/E, implying 19% upside. In our view, HOOD has successfully migrated from a fast growing,... More

Robinhood Markets (HOOD) PT Raised to $54 at Piper Sandler

December 5, 2024 6:15 AM UTC

Piper Sandler analyst Patrick Moley raised the price target on Robinhood Markets (NASDAQ: HOOD) to $54.00 (from $42.00) while maintaining a Overweight rating.

The analyst comments "Reviewing Robinhood's first ever investor day. Yesterday (12/4), Robinhood hosted its first ever investor day (ID) in NYC. Presenters... More

Robinhood Markets (HOOD) PT Raised to $42 at Deutsche Bank, 'More Encouraged on Growth'

December 5, 2024 5:06 AM UTC

Deutsche Bank analyst Brian Bedell raised the price target on Robinhood Markets (NASDAQ: HOOD) to $42.00 (from $36.00) while maintaining a Buy rating.

The analyst comments "At Robinhood's investor day, CEO Vlad Tenev and management team presented a 10-year outlook for the business, focusing on the company's ambitions for leadership in active... More

Morgan Stanley Reiterates Overweight Rating on Robinhood Markets (HOOD)

December 4, 2024 11:17 AM UTC

Morgan Stanley analyst Michael Cyprys reiterated an Overweight rating and $55.00 price target on Robinhood Markets (NASDAQ: HOOD)

The analyst comments "HOOD targeting to be #1 in active trading as they expand their offering and bring new innovations to the marketplace. Product velocity and innovation accelerating, leading to robust organic asset... More