Stocks of Robinhood Markets Inc (NASDAQ:HOOD) traded higher last session on Wall Street, down -3.23% to $39.85.
HOOD stock price is now -12.73% away from the 50-day moving average and 17.44% away from the 200-day moving average. The market capitalization of the company currently stands at $35.29B.
With the price target maintained at $40, Morgan Stanley recently Downgraded its rating from Overweight to Equal-Weight for Robinhood Markets Inc (NASDAQ: HOOD). On March 28, 2025, Needham reiterated its ‘Buy’ rating on the stock by increasing its target price from $70 to quote $62, while ‘Compass Point’ rates the stock as ‘Buy’
In other news, Bhatt Baiju, Director sold 223,072 shares of the company’s stock on Apr 16 ’25. The stock was sold for $9,199,712 at an average price of $41.24. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 16 ’25, Director Baiju Prafulkumar Bhatt Living bought 223,072 shares of the business’s stock. A total of $9,833,014 was incurred on buying the stock at an average price of $44.08. A total of 16.78% of the company’s stock is owned by insiders.
During the past 12 months, Robinhood Markets Inc has had a low of $13.98 and a high of $66.91. According to the stock market information, the enterprise value for the company is $30703605760, which is based on a 25.51 price-to-earnings ratio, a 7.21 price-to-earnings-growth ratio, and a beta of 2.08. The fifty day moving average price for HOOD is $45.6648 and a two-hundred day moving average price translates $33.9319 for the stock.
The latest earnings results from Robinhood Markets Inc (NASDAQ: HOOD) was released for 2024-12-31. The net profit margin was 47.52% and return on equity was 19.24% for HOOD. The company reported revenue of $1.01 billion for the quarter, compared to $471.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 115.29 percent. For the current quarter, analysts expect HOOD to generate $909.41M in revenue.
