Robinhood Markets Inc HOOD stock is up after Piper Sandler analyst Patrick Moley maintained an Overweight rating and raised its price target from $23 to $27. The re-rating follows the 50 bps Fed rate cut, with Moley reiterating that the second-order effects of Fed rate cuts on margin balance growth and overall retail trading activity will be enough to offset the negative impact of lower rates. The price target reflects seven times the analyst's 2026 revenue estimate (up from 6 times previously to reflect re ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying Robinhood stock? Here's what analysts think: Robinhood Markets Inc has a consensus price target of $21.56 based on the ratings of 20 analysts. The high is $32 issued by B of A Securities on August 12, 2024. The low is $7 issued by Atlantic Equities on August 31, 2022. The 3 most-recent analyst ratings ...

Investors might want to bet on Robinhood Markets, Inc. (HOOD) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and followin ...

Robinhood Markets, Inc. (HOOD) closed the latest trading day at $22.07, indicating a +1.99% change from the previous session's end. The stock's change was more than the S&P 500's daily gain of 0.54%. On the other hand, the Dow registered a gain of 0.72%, and the technology-centric Nasdaq increased by 0.65%. The company's shares have seen an increase of 10.69% over the last month, surpassing the Finance sector's gain of 4.89% and the S&P 500's gain of 4.86%. The investment community will be closely monitorin ...

kramikel Investment Thesis Robinhood (NASDAQ:HOOD) is a steal. Case in point, revenue growth rates are expected to remain very strong into the back half of 2024. If I were to pinpoint one blemish from its Q2 2024 earnings report, it would be that its free cash flow was subdued. That being said, that's because of the massive amount of working capital used this quarter. We should expect this working capital usage to reverse in the coming quarters. Furthermore, Robinhood's underlying EBITDA is now expected to ...

Robinhood Markets, Inc. (HOOD) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, HOOD broke through the 20-day moving average, which suggests a short-term bullish trend. The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short- term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal sign ...

After reaching an important support level, Robinhood Markets, Inc. (HOOD) could be a good stock pick from a technical perspective. HOOD surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend. One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first marker of an up or ...

Robinhood's growth is taking a pause based on recent numbers. Robinhood (HOOD 0.20%) released August operating data, which is the regular news update investors get about the company's operations. While there's some good news, Travis Hoium digs into where there's some weakness in the video below. *Stock prices used were end-of-day prices of Sept. 10, 2024. The video was published on Sept. 10, 2024. ...

MENLO PARK, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ: HOOD) today reported select monthly operating data for August 2024: Funded Customers at the end of August were 24.3 million (up approximately 60 thousand from July 2024, up over one million year-over-year). Assets Under Custody (AUC) at the end of August were $143.6 billion (down 1% from July 2024, up 60% year-over-year). Net Deposits were $3.3 billion in August, translating to a 27% annualized growth rate ...

文章核心观点 - 加州司法部门与Robinhood Markets, Inc.(HOOD)的加密货币平台达成和解,HOOD需支付3.9百万美元罚款 [1] - HOOD在2018年至2022年期间阻止客户提取加密货币,违反了加州法律 [1] - HOOD误导客户关于其加密资产存放位置的信息,并虚假宣传能连接到多个交易场所以获得竞争性价格 [1] 和解内容总结 - HOOD的加密货币平台需允许客户提取加密资产到自己的钱包,并遵守其关于交易和订单执行的承诺 [2] - 这一和解旨在向所有企业传达一个强烈信号,即无论是实体店还是加密货币公司,都必须遵守加州的消费者和投资者保护法 [2] - HOOD虽未承认错误,但表示很高兴能将此事件解决,并期待继续让加密货币更加可及和实惠 [2] 其他金融违规事件 - 美国商品期货交易委员会(CFTC)要求纽约梅隆银行(BNY Mellon)支付500万美元罚款,因其未能按要求向交易数据仓库报告数百万笔掉期交易 [4][5] - CFTC还要求摩根大通(JPM)和花旗集团(C)提供与掉期和清算业务相关的不披露协议、雇佣和客户协议 [5]