Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Robinhood Markets (HOOD) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target is $19.21 with a high forecast of $30.00 and a low forecast of $12.00. The average price target represents a 15.97% change from the last price of $16.57.
What is Robinhood stock price forecast? ›| Target | Low | Average |
|---|---|---|
| Price | $11 | $18.92 |
| Change | -33.85% | +13.77% |
Robinhood Markets, Inc. Currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
What is Robinhood stock forecast for 2024? ›According to our current HOOD stock forecast, the value of Robinhood Markets, Inc. shares will rise by 4.30% and reach $ 18.54 per share by May 2, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 39 (Fear).
What are the analyst ratings for Robinhood stock? ›| Average Recommendation | Hold |
|---|---|
| Average Target Price | 19.03 |
| Number Of Ratings | 18 |
| FY Report Date | 12/2024 |
| Last Quarter's Earnings | 0.03 |
Looking further afield, the Robinhood stock forecast 2025 from Wallet Investor, the algorithmic forecaster, has the stock down at $3.18 by December 2025.
Who is invested in HOOD stock? ›| Holder | Shares | Date Reported |
|---|---|---|
| Blackrock Inc. | 29.87M | Dec 31, 2023 |
| Nikko Asset Management Americas, Inc. | 28.3M | Dec 31, 2023 |
| ARK Investment Management, LLC | 26.2M | Mar 31, 2024 |
| Sumitomo Mitsui Trust Holdings, Inc. | 26.13M | Mar 31, 2024 |
Robinhood is a member of the Securities Investor Protection Corp. (SIPC). This means that any loss of an investor's securities (e.g., stocks and bonds) and cash held by Robinhood is protected up to $500,000 in the event the firm fails or goes out of business. This includes up to $250,000 protection for cash holdings.
Does Robinhood have a future? ›Chief Financial Officer Jason Warnick, in a post-earnings call with analysts, said Robinhood expects strong revenue growth in 2024 and is focused on driving net deposits higher.
What stock to buy with $1000? ›| Stock | Implied upside* |
|---|---|
| Amazon.com Inc. (AMZN) | 7.8% |
| Meta Platforms Inc. (META) | 16% |
| Eli Lilly and Co. (LLY) | 17.9% |
| Broadcom Inc. (AVGO) | 22.1% |
How high will Robinhood stock go? ›
Average Price Target
Based on 15 Wall Street analysts offering 12 month price targets for Robinhood Markets in the last 3 months. The average price target is $19.21 with a high forecast of $30.00 and a low forecast of $12.00. The average price target represents a 15.97% change from the last price of $16.57.
(“Robinhood”) (NASDAQ: HOOD) today reported selected monthly operating data for February 2024: Funded Customers at the end of February were 23.6 million, up approximately 130 thousand from January 2024.
How does Robinhood make money? ›Robinhood makes money in many ways, notably through a system known as payment for order flow. That is, Robinhood routes its users' orders through a market maker who actually makes the trades and compensates Robinhood for the business at a rate of a fraction of a cent per share.
Is Robinhood financially stable? ›Insurance – Robinhood sweeps cash balances into F.D.I.C. insured banks each day. This means that cash balances at Robinhood are insured up to $250,000 per user. In addition, all stocks and ETFs in the platform are insured up to $500,000 through the Security Investors Protection Corporation (SIPC).
Who is the best stock forecaster? ›1. AltIndex – Overall Most Accurate Stock Predictor with Claimed 72% Win Rate. From our research, AltIndex is the most accurate stock predictor to consider today. Unlike other predictor services, AltIndex doesn't rely on manual research or analysis.
Are stock analysts usually right? ›How accurate are Wall Street analyst ratings? Some Wall Street analyst ratings are highly accurate, meaning their ratings lead to successful returns for investors. However, in the stock market, nothing is truly guaranteed. This means investors want to interpret analyst ratings with a healthy dose of skepticism.
What will Robinhood stock price be in 2030? ›The range of possible stock prices for Robinhood in 2030 is $18.10 to $27.80, with an average of $20.88.
When should I buy a stock on Robinhood? ›The Market Is Key When Buying Robinhood Stocks
Invest when the stock market is in a confirmed uptrend and move to cash when the stock market goes into a correction.
Depending on the time of day, Robinhood partners either Nasdaq Last Sale or BOATS (8 PM-4 AM ET) to get the real-time last sale prices. With more liquidity than any other US exchange, the Nasdaq is one of the most accurate sources for real-time trade data.
Why is Robinhood a good investment? ›Robinhood pros & cons
Doesn't require a monthly fee or account minimum to open or maintain a brokerage account (except for Gold account). Easy to use. No foreign transaction, inactive account, transfer or card replacement fees. Offers commission-free crypto trading with no markups and markdowns.