Robinhood Markets downgraded by Citigroup with a new price target
$HOOD
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Citigroup downgraded Robinhood Markets from Neutral to Sell and set a new price target of $16.00 from $13.00 previously
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/6/2024 | $18.00 → $20.00 | Underweight → Equal Weight | Barclays |
| 8/15/2024 | $21.00 → $24.00 | Hold → Buy | Deutsche Bank |
| 8/12/2024 | $20.00 → $23.00 | Neutral → Overweight | Piper Sandler |
| 8/5/2024 | $18.00 | Sell → Neutral | Citigroup |
| 6/26/2024 | $29.00 | Peer Perform → Outperform | Wolfe Research |
| 5/17/2024 | $14.00 → $24.00 | Underperform → Buy | BofA Securities |
| 4/11/2024 | $13.00 → $16.00 | Neutral → Sell | Citigroup |
| 4/3/2024 | $20.00 | Mkt Perform | Keefe Bruyette |
MENLO PARK, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced that it will be participating in the upcoming Goldman Sachs Communacopia + Technology Conference on Tuesday, September 10, 2024. Robinhood Chief Executive Officer and Co-Founder Vlad Tenev is scheduled to present on Tuesday, September 10, 2024, at 3:05 PM PT / 6:05 PM ET. Interested parties may access a live audio webcast of the presentation by visiting investors.robinhood.com. Following the presentation, a recording will be available for replay for at least 90 days on the same website. About Robinhood Robinhood Markets, Inc. is on a mission to democratize finance f
MENLO PARK, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today reported select monthly operating data for July 2024: Funded Customers at the end of July were 24.2 million (up approximately 70 thousand from June 2024, up over one million year-over-year).Assets Under Custody (AUC) at the end of July were $144.5 billion (up 3% from June 2024, up 53% year-over-year). Net Deposits were $4.2 billion in July, translating to a 36% annualized growth rate relative to June 2024 AUC. Over the last twelve months, Net Deposits were $35.8 billion, translating to an annual growth rate of 38% relative to July 2023 AUC.Equity Notional Trading Volumes were $1
Record Revenues of $682 million, up 40% year-over-year Record GAAP Diluted EPS of $0.21, up $0.18 year-over-year Record Net Deposits of $13.2 billion, an annualized growth rate of 41% MENLO PARK, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced financial results for the second quarter of 2024, which ended June 30, 2024. "This quarter, we kept up the pace with rapid product launches and a relentless drive to provide top value for our customers," said Vlad Tenev, CEO and Co-Founder of Robinhood. "With Robinhood Gold reaching 2 million subscribers, we're witnessing the flywheel accelerate." "I'm encouraged by the progress we're
SAN FRANCISCO, Oct. 4, 2023 /PRNewswire/ -- Woodruff Sawyer, one of the largest independent insurance brokerages in the US, today announced Walker Newell has joined the firm as Vice President, Regulation and Securities Litigation Attorney for the Management Liability practice. With more than a decade of experience leading high-stakes litigation and investigations as a lawyer in defense, regulatory enforcement, and in-house roles, Walker brings Woodruff Sawyer clients a nuanced and business-focused perspective on corporate and individual liability. Walker previously served as S
Barclays upgraded Robinhood Markets from Underweight to Equal Weight and set a new price target of $20.00 from $18.00 previously
Deutsche Bank upgraded Robinhood Markets from Hold to Buy and set a new price target of $24.00 from $21.00 previously
Piper Sandler upgraded Robinhood Markets from Neutral to Overweight and set a new price target of $23.00 from $20.00 previously
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https://newsroom.aboutrobinhood.com/introducing-joint-investing-accounts/
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Record Revenues of $682 million, up 40% year-over-year Record GAAP Diluted EPS of $0.21, up $0.18 year-over-year Record Net Deposits of $13.2 billion, an annualized growth rate of 41% MENLO PARK, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced financial results for the second quarter of 2024, which ended June 30, 2024. "This quarter, we kept up the pace with rapid product launches and a relentless drive to provide top value for our customers," said Vlad Tenev, CEO and Co-Founder of Robinhood. "With Robinhood Gold reaching 2 million subscribers, we're witnessing the flywheel accelerate." "I'm encouraged by the progress we're
MENLO PARK, Calif., July 02, 2024 (GLOBE NEWSWIRE) -- Today, Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) announced that it will release its second quarter 2024 financial results on Wednesday, August 7, 2024, after market close. An earnings conference call will be held at 2:00 PM PT / 5:00 PM ET on the same day. A live webcast of the call and supporting materials will be available at investors.robinhood.com. Following the call, a replay and transcript will also be available on the same website. Robinhood shareholders can submit and upvote questions for management using the Q&A platform developed by Say Technologies ahead of Robinhood's second quarter 2024 earnings call. Shareholder
Record Revenues of $618 million, up 40% year-over-year and Record GAAP Diluted EPS of $0.18 Record Net Deposits of $11.2B, including net positive transfers from every major incumbent brokerage firm Gold Subscribers reached a new high of 1.7 million, up 42% year-over-year MENLO PARK, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced financial results for the first quarter of 2024, which ended March 31, 2024. "We continued to aggressively execute on our product roadmap in Q1, leading to all-time highs for Net Deposits and Gold Subscribers," said Vlad Tenev, CEO and Co-Founder of Robinhood. "Q2 is off to a strong start with April