Robinhood(HOOD)

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Consider Selling Robinhood Stock Post Election Surge
Seeking Alpha· 2024-11-11 17:29
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.After a substantial post earnings drop, Robinhood Markets, Inc. (NASDAQ: NASDAQ: HOOD ) watched its share price skyrocket last week post election. The com ...
Robinhood Markets Hits 52-Week High: Should You Buy the Stock Now?
ZACKS· 2024-11-11 16:31
Robinhood Markets, Inc. (HOOD) shares have surged 30% since the beginning of this month and touched a 52-week high of $30.63 during Friday’s trading session. Over the past three months, the stock has surged 64.7%, outperforming the industry, the S&P 500 Index and its close peers — The Charles Schwab Corporation (SCHW) and LPL Financial Holdings Inc. (LPLA) .Three-Month Price PerformanceImage Source: Zacks Investment ResearchDoes HOOD stock have more upside left despite hitting a 52-week high? Let’s try to d ...
Robinhood Markets, Inc. to Present at the Wolfe Research Wealth Symposium on November 13, 2024
GlobeNewswire News Room· 2024-11-07 21:05
MENLO PARK, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- November 7, 2024 (GLOBE NEWSWIRE) – Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced that it will be participating in the upcoming Wolfe Research Wealth Symposium on Wednesday, November 13, 2024. Robinhood Chief Financial Officer Jason Warnick is scheduled to present on Wednesday, November 13, 2024, at 11:45 AM ET / 8:45 AM PT. Interested parties may access a live audio webcast of the presentation by visiting investors.robinhood.com. ...
Why Wall Street Got Robinhood's Earnings All Wrong
The Motley Fool· 2024-11-06 17:40
Robinhood's earnings weren't great, but they didn't deserve the market's reaction.Robinhood (HOOD 17.87%) jumped on Wednesday, but the bigger move came last week after the company reported earnings. The report wasn't great, but investors should look at the company's long-term potential, which Travis Hoium covers in this video.*Stock prices used were end-of-day prices of Nov. 5, 2024. The video was published on Nov. 5, 2024. ...
Robinhood Markets Inc-A:24Q3业绩点评:24Q3收入和利润不及预期,10月入金和交易趋势向好
民生证券· 2024-11-03 02:43
Robinhood(HOOD)24Q3 业绩点评 24Q3 收入和利润不及预期,10 月入金和交易趋势向好 2024 年 11 月 01 日 | --- | --- | --- | --- | |-----------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...
Robinhood Markets Inc-A:2024Q3点评报告:Q3业绩低于预期但运营指标展现良好增长态势,看好后市表现
国海证券· 2024-11-03 02:17
Investment Rating - The report maintains a "Buy" rating for Robinhood (HOOD) [2][3] Core Insights - The Q3 performance of Robinhood was below expectations, with revenue of $637 million, a year-over-year increase of 36% but a quarter-over-quarter decrease of 7%. The GAAP net profit was $150 million, marking a return to profitability. The company expects to maintain its annual expense guidance of $1.85 to $1.95 billion [3][7] - Despite the overall performance being below market expectations, several operational metrics showed strong growth, including assets under custody reaching a new high of $152.2 billion, a year-over-year increase of 76% and a quarter-over-quarter increase of 6%. The number of Gold members reached 2.19 million, with a subscription rate of 9% [3][9] - October data trends are promising, with net inflows exceeding $4 billion, stock trading volumes hitting a three-year high, and cryptocurrency trading volumes expected to exceed $5 billion, indicating a strong foundation for Q4 performance [3][12] Summary by Sections Financial Performance - In Q3 2024, Robinhood reported revenue of $637 million, a year-over-year increase of 36% and a quarter-over-quarter decrease of 7%. The GAAP net profit was $150 million, with an EPS of $0.17, which was below market expectations. The company also indicated a continued guidance for annual expenses between $1.85 billion and $1.95 billion [3][8][7] Operational Metrics - The assets under custody reached $152.2 billion, reflecting a year-over-year growth of 76% and a quarter-over-quarter growth of 6%. The average assets per funded customer increased to $6,300. The number of Gold subscribers was 2.19 million, with a subscription rate of 9% and a monthly active user count of 11 million, representing a year-over-year growth of 7% [3][9][11] Future Outlook - The report projects revenues for 2024, 2025, and 2026 to be $2.6 billion, $3.4 billion, and $4.0 billion respectively, with GAAP net profits of $691 million, $1.3 billion, and $1.7 billion. The corresponding P/E ratios are expected to be 30.6x, 16.1x, and 12.5x. The continuous development phase and product upgrades support a positive outlook for Robinhood's future performance [3][15][6]
Robinhood Price Levels to Watch as Stock Drops After Promotion Causes Revenue Miss
Investopedia· 2024-10-31 20:30
Key TakeawaysRobinhood shares plunged Thursday after the online brokerage company missed Wall Street’s quarterly revenue expectations due to a customer promotion program.The stock broke out above the top trendline of an ascending triangle earlier this month, though the recent bullish price momentum came to a halt after the company's third-quarter results.Investors should watch important support levels on Robinhood's chart around $24, $22, and $20.50.The measuring principle, which calculates the depth of an ...
Robinhood tumbles as customer incentives eat into results
Proactiveinvestors NA· 2024-10-31 17:35
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Robinhood Stock Sinks as Promotions Lead To Weaker-Than-Expected Results
Investopedia· 2024-10-31 14:58
Key TakeawaysRobinhood Markets missed third-quarter earnings and revenue estimates because of promotions to gain new customers.The online brokerage expects the costs for promotions to grow in the current quarter.Shares of Robinhood Markets fell 15% Thursday morning but are still up almost 90% this year. Robinhood Markets (HOOD) shares sank 15% Thursday, a day after the online brokerage posted worse-than-expected results as a promotion to get more customers impacted performance. The company posted third-quar ...
Robinhood Markets (HOOD) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-31 02:00
For the quarter ended September 2024, Robinhood Markets, Inc. (HOOD) reported revenue of $637 million, up 36.4% over the same period last year. EPS came in at $0.17, compared to -$0.09 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $661.21 million, representing a surprise of -3.66%. The company delivered an EPS surprise of -5.56%, with the consensus EPS estimate being $0.18. While investors closely watch year-over-year changes in headline numbers -- revenue and ear ...