Robinhood Markets, Inc. (HOOD) Stock Forecast & Price Targets - Stock Analysis (2024)

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Robinhood Markets, Inc. (HOOD) Stock Forecast & Price Targets - Stock Analysis? ›

Stock Price Forecast

HOOD Analyst Recommendation Trends

In the current month, HOOD has received 9 Buy Ratings, 15 Hold Ratings, and 10 Sell Ratings. HOOD average Analyst price target in the past 3 months is $19.21.

Robinhood Markets, Inc. stock would need to gain 501.32% to reach $100. According to our Robinhood Markets, Inc. stock forecast, the price of Robinhood Markets, Inc. stock will not reach $100. The highest expected price our algorithm estimates is $ 22.11 by Dec 4, 2024.

Based on short-term price targets offered by 15 analysts, the average price target for Robinhood Markets, Inc. comes to $18.03. The forecasts range from a low of $9.50 to a high of $30.00. The average price target represents an increase of 5.56% from the last closing price of $17.08.

In Robinhood Markets' case, its Top Key Executive, Baiju Bhatt, is the largest shareholder, holding 7.7% of shares outstanding.

However, analysts believe HOOD stock has the potential to rise by almost 40% over the coming year, especially if there is an increase in cryptocurrency trading numbers.

If Robinhood clears analysts' expectations for 2021 and 2022, then grows its revenue at just 30% over the following three years, it could generate about $6 billion in revenue in 2025.

Robinhood Stock Forecast

The 14 analysts with 12-month price forecasts for Robinhood stock have an average target of 19.21, with a low estimate of 11 and a high estimate of 30. The average target predicts an increase of 14.96% from the current stock price of 16.71.

Is Robinhood a buy sell or hold? ›

Robinhood stock has received a consensus rating of hold. The average rating score is and is based on 20 buy ratings, 32 hold ratings, and 15 sell ratings.

Robinhood is considered safe for investors. It's a member for the Securities Investor Protection Corp. (SIPC), is regulated by the SEC, and has additional financial protection per customer up to certain amounts for cash and securities.

Who owns the Robinhood company? Institutional investors own 31.9% of Robinhood's stock, with retail investors holding 25.2%, private equity firms 21%, individual investors 15%, and private companies accounting for 6.4%, according to Simply Wall Street.

Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California.

Robinhood is funded by 87 investors. Emergent Fidelity Technologies and 9Yards Capital are the most recent investors.

Our Verdict. Robinhood has become one of the most popular brokerages in the U.S., thanks largely to its easy-to-use trading app that can make investing appear very simple. For some investors, this makes it a good choice—but there are reasons to be wary of any platform that treats markets almost like a game.

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Robinhood stock have an average target of 17.92, with a low estimate of 11 and a high estimate of 30. The average target predicts a decrease of -5.68% from the current stock price of 19.00.