- Robinhood (HOOD, Financial) shares surged 17% last week amid market volatility and strong tech earnings.
- Analysts forecast a potential upside of 19.37% with the stock, offering a one-year price target of $59.03.
- Despite regulatory hurdles, Robinhood's global expansion and derivatives strategy could enhance future revenue.
Robinhood Markets (HOOD) saw a significant 17% surge in its stock price last week. This upward movement aligns with broader market trends, driven by lingering tariff uncertainties and robust earnings reports from the tech sector. Despite looming regulatory challenges, the company's strategic expansion into international markets and a focus on derivatives trading may bolster its revenue prospects.
Wall Street Analysts Forecast
According to predictions from 18 analysts, the average one-year price target for Robinhood Markets Inc (HOOD, Financial) stands at $59.03. The projections vary, with a high estimate of $105.00 and a low of $36.00, suggesting a potential upside of 19.37% from its current market price of $49.45. For more comprehensive estimates, visit the Robinhood Markets Inc (HOOD) Forecast page.
The consensus recommendation from 21 brokerage firms labels Robinhood Markets Inc (HOOD, Financial) with an average brokerage recommendation score of 2.2, which translates to an "Outperform" rating. In this scale, a rating of 1 indicates a Strong Buy, while a 5 signals a Sell.
GuruFocus' estimates for the GF Value of Robinhood Markets Inc (HOOD, Financial) in the forthcoming year is projected at $24.10. This estimate indicates a potential downside of 51.26% when compared to the current stock price of $49.45. The GF Value represents GuruFocus' calculated fair market value, derived from historical trading multiples, past business growth, and anticipated future performance. Detailed information is available on the Robinhood Markets Inc (HOOD) Summary page.
