Robinhood Markets (HOOD) Stock Forecast, Price Target & Predictions
HOOD Stock Forecast
Robinhood Markets stock forecast is as follows: an average price target of $23.38 (represents a -3.87% downside from HOOD’s last price of $24.32) and a rating consensus of 'Buy', based on 20 wall street analysts offering a 1-year stock forecast.
HOOD Price Target
The average price target for Robinhood Markets (HOOD) is $23.38 based on 1-year price targets from 20 Wall Street analysts in the past 3 months, with a price target range of $55.00 to $5.00. This represents a potential -3.87% downside from HOOD's last price of $24.32.
HOOD Analyst Ratings
According to 20 Wall Street analysts, Robinhood Markets's rating consensus is 'Buy'. The analyst rating breakdown for HOOD stock is 0 'Strong Buy' (0.00%), 11 'Buy' (55.00%), 6 'Hold' (30.00%), 3 'Sell' (15.00%), and 0 'Strong Sell' (0.00%).
Robinhood Markets Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 29, 2024 | Dan Dolev | Mizuho Securities | $29.00 | $27.88 | 4.02% | 19.24% |
| Oct 28, 2024 | Benjamin Budish | Loop Capital Markets | $23.00 | $27.88 | -17.50% | -5.43% |
| Oct 21, 2024 | Patrick Moley | Piper Sandler | $30.00 | $26.50 | 13.23% | 23.36% |
| Sep 19, 2024 | Patrick Moley | Piper Sandler | $27.00 | $23.73 | 13.76% | 11.02% |
| Aug 15, 2024 | Brian Bedell | Deutsche Bank | $24.00 | $18.65 | 28.69% | -1.32% |
| Aug 12, 2024 | Patrick Moley | Piper Sandler | $23.00 | $17.92 | 28.35% | -5.43% |
| Aug 07, 2024 | Devin Ryan | JMP Securities | $30.00 | $17.21 | 74.32% | 23.36% |
| Aug 05, 2024 | Christopher Allen | Citigroup | $18.00 | $15.95 | 12.89% | -25.99% |
| Jun 26, 2024 | Steven Chubak | Wolfe Research | $29.00 | $22.77 | 27.36% | 19.24% |
| Jun 13, 2024 | Christopher Allen | Loop Capital Markets | $18.00 | $23.70 | -24.05% | -25.99% |
The latest Robinhood Markets stock forecast, released on Oct 29, 2024 by Dan Dolev from Mizuho Securities, set a price target of $29.00, which represents a 4.02% increase from the stock price at the time of the forecast ($27.88), and a 19.24% increase from HOOD last price ($24.32).
Robinhood Markets Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 8 | 27 |
| Avg Price Target | $27.33 | $25.50 | $22.41 |
| Last Closing Price | $24.32 | $24.32 | $24.32 |
| Upside/Downside | 12.38% | 4.85% | -7.85% |
In the current month, the average price target of Robinhood Markets stock is $27.33, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 12.38% increase as opposed to Robinhood Markets's last price of $24.32. This month's average price target is up 7.18% compared to last quarter, and up 21.95% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Oct 28, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Oct 21, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Oct 17, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Oct 17, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Oct 17, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Oct 08, 2024 | Noble Capital Markets | Neutral | Neutral | Hold |
| Oct 07, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 30, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Sep 27, 2024 | Sandler O'Neil | Underperform | Underperform | Hold |
Robinhood Markets's last stock rating was published by JMP Securities on Oct 31, 2024. The company gave HOOD a "Outperform" rating, the same as its previous rate.
Robinhood Markets Financial Forecast
Robinhood Markets Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $471.00M | $251.00M | $486.00M | $441.00M | $380.00M | $361.00M | $318.00M | $299.00M | $362.71M | $364.92M | $565.33M |
| Avg Forecast | $826.80M | $764.70M | $828.35M | $777.47M | $699.86M | $670.13M | $705.75M | $660.49M | $646.89M | $660.53M | $640.39M | $552.21M | $454.73M | $479.51M | $472.94M | $424.76M | $396.11M | $362.50M | $313.71M | $354.59M | $376.32M | $437.08M | $521.84M |
| High Forecast | $880.00M | $813.90M | $881.65M | $827.49M | $744.89M | $713.25M | $751.16M | $688.19M | $678.03M | $664.21M | $640.39M | $552.47M | $466.09M | $493.03M | $503.36M | $452.08M | $421.60M | $362.50M | $313.71M | $354.59M | $376.32M | $437.08M | $521.84M |
| Low Forecast | $779.53M | $720.98M | $780.99M | $733.02M | $659.85M | $631.82M | $665.41M | $623.65M | $604.88M | $656.84M | $640.39M | $551.95M | $439.05M | $467.17M | $445.90M | $400.47M | $373.47M | $362.50M | $313.71M | $354.59M | $376.32M | $437.08M | $521.84M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.52% | 1.03% | 1.04% | 0.96% | 1.00% | 1.01% | 0.84% | 0.96% | 0.83% | 1.08% |
Robinhood Markets's average Quarter revenue forecast for Mar 24 based on 4 analysts is $552.21M, with a low forecast of $551.95M, and a high forecast of $552.47M. HOOD's average Quarter revenue forecast represents a 17.24% increase compared to the company's last Quarter revenue of $471.00M (Dec 23).
Robinhood Markets EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $43.00M | $-75.00M | $35.00M | $-489.00M | $-137.00M | $-159.00M | $-275.00M | $-379.00M | $-410.55M | $-1.36B | $-459.29M |
| Avg Forecast | $-370.24M | $-342.43M | $-370.93M | $-348.15M | $-313.39M | $-300.08M | $-316.04M | $-295.77M | $-289.67M | $-295.78M | $-286.77M | $-454.86M | $-203.63M | $-214.72M | $-211.78M | $-359.58M | $-473.18M | $-162.33M | $-140.48M | $-284.25M | $-168.52M | $-742.49M | $-233.68M |
| High Forecast | $-349.07M | $-322.85M | $-349.73M | $-328.25M | $-295.48M | $-282.93M | $-297.97M | $-279.27M | $-270.86M | $-294.13M | $-286.77M | $-363.89M | $-196.61M | $-209.20M | $-199.67M | $-287.66M | $-378.54M | $-162.33M | $-140.48M | $-227.40M | $-168.52M | $-593.99M | $-233.68M |
| Low Forecast | $-394.06M | $-364.46M | $-394.80M | $-370.55M | $-333.56M | $-319.39M | $-336.37M | $-308.17M | $-303.62M | $-297.43M | $-286.77M | $-545.84M | $-208.71M | $-220.78M | $-225.41M | $-431.49M | $-567.82M | $-162.33M | $-140.48M | $-341.10M | $-168.52M | $-890.98M | $-233.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.21% | 0.35% | -0.17% | 1.36% | 0.29% | 0.98% | 1.96% | 1.33% | 2.44% | 1.83% | 1.97% |
4 analysts predict HOOD's average Quarter EBITDA for Mar 24 to be $-454.86M, with a high of $-363.89M and a low of $-545.84M. This is -1157.82% lower than Robinhood Markets's previous annual EBITDA (Dec 23) of $43.00M.
Robinhood Markets Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $30.00M | $-85.00M | $25.00M | $-511.00M | $-166.00M | $-175.00M | $-295.00M | $-392.00M | $-423.27M | $-1.32B | $-501.67M |
| Avg Forecast | $176.58M | $149.41M | $172.05M | $156.96M | $135.83M | $139.25M | $167.71M | $147.08M | $153.07M | $166.88M | $141.05M | $-470.47M | $-11.95M | $-90.42M | $-11.98M | $-371.91M | $-487.84M | $-290.47M | $-289.01M | $-294.00M | $-320.13M | $-718.90M | $-132.66M |
| High Forecast | $191.35M | $161.91M | $186.44M | $170.09M | $147.20M | $150.89M | $181.73M | $164.38M | $212.60M | $180.84M | $141.16M | $-376.37M | $-11.07M | $11.30M | $-11.09M | $-297.53M | $-390.27M | $-290.47M | $-289.01M | $-235.20M | $-320.13M | $-575.12M | $-132.66M |
| Low Forecast | $163.46M | $138.31M | $159.27M | $145.29M | $125.73M | $128.90M | $155.25M | $138.43M | $110.55M | $154.48M | $140.94M | $-564.56M | $-12.95M | $-135.62M | $-12.98M | $-446.29M | $-585.41M | $-290.47M | $-289.01M | $-352.80M | $-320.13M | $-862.68M | $-132.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -2.51% | 0.94% | -2.09% | 1.37% | 0.34% | 0.60% | 1.02% | 1.33% | 1.32% | 1.83% | 3.78% |
Robinhood Markets's average Quarter net income forecast for Mar 24 is $-470.47M, with a range of $-564.56M to $-376.37M. HOOD's average Quarter net income forecast represents a -1668.22% decrease compared to the company's last Quarter net income of $30.00M (Dec 23).
Robinhood Markets SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $373.00M | $258.00M | $184.00M | $673.00M | $226.00M | $253.00M | $250.00M | $302.00M | $405.56M | $969.60M | $252.39M |
| Avg Forecast | $985.96M | $911.91M | $987.81M | $927.13M | $834.58M | $799.14M | $841.62M | $787.64M | $771.42M | $787.68M | $763.67M | $404.46M | $542.27M | $571.82M | $563.98M | $319.73M | $472.37M | $432.28M | $374.10M | $252.75M | $448.77M | $521.22M | $622.30M |
| High Forecast | $1.05B | $970.58M | $1.05B | $986.79M | $888.28M | $850.55M | $895.77M | $820.67M | $808.55M | $792.08M | $763.67M | $485.35M | $555.82M | $587.94M | $600.27M | $383.67M | $502.76M | $432.28M | $374.10M | $303.30M | $448.77M | $521.22M | $622.30M |
| Low Forecast | $929.60M | $859.78M | $931.34M | $874.13M | $786.87M | $753.45M | $793.50M | $743.71M | $721.32M | $783.29M | $763.67M | $323.57M | $523.57M | $557.10M | $531.74M | $255.78M | $445.36M | $432.28M | $374.10M | $202.20M | $448.77M | $521.22M | $622.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.69% | 0.45% | 0.33% | 2.10% | 0.48% | 0.59% | 0.67% | 1.19% | 0.90% | 1.86% | 0.41% |
Robinhood Markets's average Quarter SG&A projection for Mar 24 is $404.46M, based on 4 Wall Street analysts, with a range of $323.57M to $485.35M. The forecast indicates a 8.43% rise compared to HOOD last annual SG&A of $373.00M (Dec 23).
Robinhood Markets EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.03 | $-0.10 | $0.03 | $-0.57 | $-0.19 | $-0.20 | $-0.34 | $-0.45 | $-0.49 | $-2.06 | $-0.60 |
| Avg Forecast | $0.20 | $0.17 | $0.19 | $0.17 | $0.15 | $0.15 | $0.19 | $0.16 | $0.17 | $0.18 | $0.16 | $0.06 | $-0.01 | $-0.10 | $-0.01 | $-0.62 | $-0.15 | $-0.32 | $-0.32 | $-0.38 | $-0.35 | $-0.79 | $-0.15 |
| High Forecast | $0.21 | $0.18 | $0.21 | $0.19 | $0.16 | $0.17 | $0.20 | $0.18 | $0.23 | $0.20 | $0.16 | $0.06 | $-0.01 | $0.01 | $-0.01 | $-0.57 | $-0.14 | $-0.32 | $-0.32 | $-0.38 | $-0.35 | $-0.79 | $-0.15 |
| Low Forecast | $0.18 | $0.15 | $0.18 | $0.16 | $0.14 | $0.14 | $0.17 | $0.15 | $0.12 | $0.17 | $0.16 | $0.06 | $-0.01 | $-0.15 | $-0.01 | $-0.67 | $-0.16 | $-0.32 | $-0.32 | $-0.38 | $-0.35 | $-0.79 | $-0.15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -2.58% | 0.95% | -2.27% | 0.92% | 1.28% | 0.62% | 1.06% | 1.20% | 1.38% | 2.60% | 4.09% |
According to 4 Wall Street analysts, Robinhood Markets's projected average Quarter EPS for Mar 24 is $0.06, with a low estimate of $0.06 and a high estimate of $0.06. This represents a 70.22% increase compared to HOOD previous annual EPS of $0.03 (Dec 23).
Robinhood Markets Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PATH | UiPath | $12.32 | $25.43 | 106.41% | Hold |
| OKTA | Okta | $73.24 | $116.97 | 59.71% | Hold |
| MDB | MongoDB | $267.39 | $373.27 | 39.60% | Buy |
| ZS | Zscaler | $184.90 | $232.54 | 25.77% | Buy |
| ADBE | Adobe | $481.35 | $592.03 | 22.99% | Buy |
| NET | Cloudflare | $86.49 | $95.00 | 9.84% | Hold |
| CRWD | CrowdStrike | $298.88 | $321.14 | 7.45% | Buy |
| S | SentinelOne | $25.47 | $26.64 | 4.59% | Buy |
| HOOD | Robinhood Markets | $24.32 | $23.38 | -3.87% | Buy |
| PANW | Palo Alto Networks | $361.12 | $315.68 | -12.58% | Buy |
| PLTR | Palantir | $41.41 | $22.41 | -45.88% | Hold |
HOOD Forecast FAQ
Is Robinhood Markets a good buy?
Yes, according to 20 Wall Street analysts, Robinhood Markets (HOOD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 55.00% of HOOD's total ratings.
What is HOOD's price target?
Robinhood Markets (HOOD) average price target is $23.38 with a range of $5 to $55, implying a -3.87% from its last price of $24.32. The data is based on 20 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Robinhood Markets stock go up soon?
According to Wall Street analysts' prediction for HOOD stock, the company can go down by -3.87% (from the last price of $24.32 to the average price target of $23.38), up by 126.15% based on the highest stock price target, and down by -79.44% based on the lowest stock price target.
Can Robinhood Markets stock reach $40?
HOOD's highest twelve months analyst stock price target of $55 supports the claim that Robinhood Markets can reach $40 in the near future.
What is Robinhood Markets's current price target trend?
3 Wall Street analysts forecast a $27.33 price target for Robinhood Markets (HOOD) this month, up 12.38% from its last price of $24.32. Compared to the last 3 and 12 months, the average price target increased by 4.85% and decreased by -7.85%, respectively.
What are Robinhood Markets's analysts' financial forecasts?
Robinhood Markets's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.74B (high $2.9B, low $2.58B), average EBITDA is $-1.225B (high $-1.156B, low $-1.297B), average net income is $589.86M (high $644.2M, low $548.31M), average SG&A $3.26B (high $3.46B, low $3.08B), and average EPS is $0.651 (high $0.711, low $0.605). HOOD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.2B (high $3.4B, low $3.01B), average EBITDA is $-1.432B (high $-1.35B, low $-1.524B), average net income is $655.01M (high $709.79M, low $606.33M), average SG&A $3.81B (high $4.06B, low $3.59B), and average EPS is $0.723 (high $0.784, low $0.67).
Did the HOOD's actual financial results beat the analysts' financial forecasts?
Based on Robinhood Markets's last annual report (Dec 2023), the company's revenue was $1.86B, beating the average analysts forecast of $1.83B by 1.81%. Apple's EBITDA was $-465M, missing the average prediction of $-990M by -53.02%. The company's net income was $-541M, beating the average estimation of $-486M by 11.26%. Apple's SG&A was $2.1B, beating the average forecast of $2B by 4.92%. Lastly, the company's EPS was $-0.61, missing the average prediction of $-0.743 by -17.86%. In terms of the last quarterly report (Dec 2023), Robinhood Markets's revenue was $471M, beating the average analysts' forecast of $454.73M by 3.58%. The company's EBITDA was $43M, missing the average prediction of $-204M by -121.12%. Robinhood Markets's net income was $30M, missing the average estimation of $-11.954M by -350.96%. The company's SG&A was $373M, missing the average forecast of $542.27M by -31.21%. Lastly, the company's EPS was $0.034, missing the average prediction of $-0.0132 by -357.56%