In Monday’s Wall Street session, Robinhood Markets Inc (NASDAQ:HOOD) shares traded at $48.93, down -1.05% from the previous session.
HOOD stock price is now 9.64% away from the 50-day moving average and 41.68% away from the 200-day moving average. The market capitalization of the company currently stands at $43.33B.
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, Baiju Prafulkumar Bhatt Living, Director bought 94,156 shares of the company’s stock on Apr 28 ’25. The stock was bought for $4,656,014 at an average price of $49.45. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 23 ’25, Director Bhatt Baiju sold 47,133 shares of the business’s stock. A total of $2,133,711 was realized by selling the stock at an average price of $45.27. 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 $38743588864, which is based on a 31.33 price-to-earnings ratio, a 9.49 price-to-earnings-growth ratio, and a beta of 2.13. The fifty day moving average price for HOOD is $44.6268 and a two-hundred day moving average price translates $34.5354 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.
