Robinhood Markets (HOOD) Projected to Post Quarterly Earnings on Wednesday

Robinhood Markets (NASDAQ:HOOD) will likely be releasing its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect Robinhood Markets to post earnings of $0.41 per share and revenue of $917.12 million for the quarter.

Robinhood Markets (NASDAQ:HOOD) last issued its earnings results on Wednesday, February 12th. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.13. Robinhood Markets had a net margin of 47.81% and a return on equity of 13.53%. On average, analysts expect Robinhood Markets to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Robinhood Markets Stock Performance

Shares of NASDAQ HOOD opened at $42.09 on Wednesday. Robinhood Markets has a 52-week low of $13.98 and a 52-week high of $66.91. The firm has a market capitalization of $37.27 billion, a price-to-earnings ratio of 26.81, a PEG ratio of 1.05 and a beta of 2.17. The stock has a 50 day moving average price of $44.46 and a 200 day moving average price of $40.42.

Insider Buying and Selling

In other Robinhood Markets news, Director Baiju Bhatt sold 223,072 shares of Robinhood Markets stock in a transaction dated Wednesday, April 16th. The stock was sold at an average price of $41.24, for a total transaction of $9,199,489.28. Following the completion of the sale, the director now owns 7,863 shares of the company’s stock, valued at approximately $324,270.12. The trade was a 96.60 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Daniel Martin Gallagher, Jr. sold 50,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $60.77, for a total value of $3,038,500.00. Following the completion of the transaction, the insider now directly owns 706,642 shares in the company, valued at $42,942,634.34. This represents a 6.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,193,327 shares of company stock worth $107,903,039 in the last three months. Corporate insiders own 19.95% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on HOOD shares. Mizuho upped their target price on Robinhood Markets from $60.00 to $65.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Raymond James assumed coverage on shares of Robinhood Markets in a research note on Wednesday, February 5th. They issued a “market perform” rating for the company. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $60.00 target price on shares of Robinhood Markets in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Robinhood Markets from $75.00 to $61.00 and set a “buy” rating for the company in a research report on Wednesday, March 12th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Robinhood Markets from $39.00 to $45.00 and gave the company a “neutral” rating in a report on Thursday, February 13th. Six research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, Robinhood Markets presently has an average rating of “Moderate Buy” and a consensus target price of $55.06.

About Robinhood Markets

Robinhood Markets, Inc operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.