Skip to content

Robinhood Markets HOOD Stock Price, News & Info The Motley Fool

Share This Post

what is robinhood ticker symbol

After a bumpy few years following Robinhood’s 2021 IPO — a period during which shares of the commission-free trading app plummeted … Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over record keeping, trade reporting and other rule violations, the regula…

Robinhood Markets, Inc. (HOOD)

Bernstein analysts named Robinhood Markets (HOOD) as the firm’s new “Best Idea” for 2025 as part of their coverage on global digital assets. Market Domination Overtime hosts Julie Hyman and Josh Lipton examine the broader analyst commentary around Robinhood’s stock. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. I read that you’ve indicated a move into sports could take the form of event contracts, too. It’s what’s around the corner that has Tenev truly excited, however.

Robinhood Markets, Inc. Overview Capital Markets / Financial Services

what is robinhood ticker symbol

Please see Robinhood Financial’s Fee Schedule to learn more regarding brokerage transactions. Please see Robinhood Derivative’s Fee Schedule to learn more about commissions on futures transactions. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock’s fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward.

Analyst Price Targets

  • There are transaction fees to consider every time you buy or sell a cryptocurrency.
  • We discussed copytrading, a trading strategy that allows clients to automatically replicate the trades of another trader.
  • For the current quarter, Robinhood Markets is expected to post earnings of $0.41 per share, indicating a change of +1,266.7% from the year-ago quarter.
  • Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall Street Journal on Monday.
  • Ticker symbols are just a few letters that act as unique identifiers for companies listed on a stock exchange.

Instead, it belongs to an oil field drilling company named Helmerich & Payne, Inc. Over the last four quarters, Robinhood Markets surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period. For the current quarter, Robinhood Markets is expected to post earnings of $0.41 per share, indicating a change of +1,266.7% from the year-ago quarter.

Other Services

A ticker symbol is a shorthand code that traders use to reference a company, rather than spelling out the full name. The stock has huge potential to expand especially in sussex advice firm being wound up following svs securities british steel debacle the cryptocurrency area. This explains why Michael Cyprus, an analyst at Morgan Stanley, suggested that HOOD was a top pick on January 17, sending the stock higher. Cyprus remains bullish on the stock, raising his price target on HOOD from $55 to $64, maintaining an overweight rating on the stock. Robinhood’s continued growth hinges on Robinhood Gold, offering compelling value propositions that drive platform adoption, increased assets, and higher revenues and profits.

HOOD news

In 2023, Robinhood’s revenue was $1.87 billion, an increase of 37.33% compared to the previous year’s $1.36 billion. The term premium has several different definitions in finance — Often, it refers learn to trade forex like a pro forex made easy to the cost of either a put option or a call option, but can also refer to bond pricing or insurance payments. Adjusted gross income is calculated by subtracting qualified expenses or certain retirement account contributions from your gross income to determine your taxable income.

  • There wasn’t a rolling banner across the bottom of the TV telling you where things stood.
  • Robinhood CEO Vlad Tenev has a lot to celebrate this holiday season.
  • It’s almost impossible for a company to grow its earnings without growing its revenue for long periods.
  • Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
  • Cathie Wood’s exchange-traded funds have not done well over time.
  • DJT shares declined 2.05% to $39.21 in overnight trading on Robinhood, ahead of Tuesday’s first regular trading session fol…

We’re also thinking about this, and I think that opens up a broader set of possibilities. You can have event contracts on pretty much anything from the Oscars and entertainment events to sports to politics. And the categories of event contracts almost become like the sections of a newspaper, right? Art, style, leisure, sports, business, the front page, which is real time. So you can imagine the digital equivalent of a newspaper being delivered via event contracts. For the next fiscal year, the consensus earnings estimate of $1.18 indicates a change of +21.7% from what Robinhood Markets is expected to report a year ago.

In the United States, the various stock exchanges now follow the Intermarket Symbols Reservation Authority’s (ISRA) National Market System Plan (NMS Plan), which is a uniform system for symbol registration. Securities traded over-the-counter (outside of an exchange) also use letter codes to identify products. Under the NMS plan, listed companies select a root symbol that is between one and four letters or numbers, which identifies the company. In most cases, companies listed on the New York Stock Exchange have three or fewer characters, while the NASDAQ typically has four. An additional letter is called an extension, which sometimes communicates other useful information to traders. Robinhood Markets, Inc. offers commission-free trades of stocks, exchange-traded funds, and cryptocurrencies via a mobile app introduced in 2015.

Robinhood how trailing stop loss works is a FINRA-regulated broker-dealer, registered with the U.S. Securities and Exchange Commission, and is a member of the Securities Investor Protection Corporation. The company’s revenue comes from interest earned on customers’ cash balances, selling order information to high-frequency traders, and margin lending. Robinhood was founded in 2013 and is headquartered in Menlo Park, CA.

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore

Do You Want To Boost Your Business?

drop us a line and keep in touch

Shopping cart0
There are no products in the cart!
Continue shopping
0