Opinions Stockchase Insights
RobinhoodHOODPARTIAL BUYJun 07, 2024
Stockchase InsightsStock price when the opinion was issued
As of Jun 05, 2026. Market Open.
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They announced they will let AI agents trade. It's a good thing. This is where the business is going, using AI tools. He hopes people don't use these tools recklessly.They announced they will let AI agents trade.JoshIt's a good thing. This is where the business is going, using AI tools. He hopes people don't use these tools recklessly.
This sector is diversifying its product model and offering so that each company isn't known for only one thing, like HOOD and meme trading. No, he would never let an AI agent run his own fund.
Joe TerranovaIt was parabolic a year ago and has since settled in. Her calls expire next month at $80, which is resistance. But being down 50% from highs is not a catalyst to go higher.
Bryn TalkingtonHe just bought a little on this dip, then covered it on the earnings report on a tight call. The next day, the stock traded down. Then, he went long on it at $72. In the $70s, it's solid investment, not a trade. A solid company with a solid customer base.
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Premium contentIn the last quarter, the company reported 0.66 USD per share, beating the 0.63 USD estimate by 4.61%. Revenue for the same period reached 1.28 B USD, despite the estimate of 1.35 B USD. For the next quarter, analysts expect 0.51 USD in earnings per share and 1.26 B USD in revenue. Social media mentions are up 417% in the past 24h.
Not sure about bitcoin. But blockchain technology is going to be an important aspect of the continued tech evolution of transferring information and data across the industrial world. Bitcoin is a speculative asset and doesn't have a lot of industrial or financial uses.
Bought a bit, and sold on a bounce. Visionary CEO. Morphing into wider markets. Innovative. Hiccup recently. Be careful with these highly valued names. He'd be interested in the low $60s.
He's never understood bitcoin, or why regular people would want to transact in it. This last timeframe is a perfect example. Why has bitcoin suddenly fallen 40%? No one fully understands why, and he's not the guy to ask. He's boring and stays away from it.
Purely speculative. Not for conservative investors or anyone with a heart condition ;) If you want to be in this space, do so only in a very small way.
Premium contentIn the last quarter, the company reported 0.61 USD per share, beating the 0.54 USD estimate by 13.36%. Revenue for the same period reached 1.27 B USD, despite the estimate of 1.21 B USD. For the next quarter, analysts expect 0.62 USD in earnings per share and 1.35 B USD in revenue. Social media mentions are up 89% in the past 24h.
Billy Kawasaki’s Insights - Billy's most-liked answers from 5i Research
There has been no material news related to HOOD. That said, cryptocurrencies are under pressure, and the stock has fallen below its 200-day moving average. Management did share some encouraging commentary regarding the potential of Trump (kids) accounts. They view the recent pullback as a buying opportunity. Unlock Premium - Try 5i Free
Stockchase InsightsWas up 205% last year, though has pulled back from October highs, due to cooling in cryptos and speculative stocks. He likes HOOD long term. A generation is learning to trade on HOOD, a generation that will inherit more than $1 trillion from baby boomer parents. Short term, HOOD may trade in line with crypto and spec plays.
HOOD was largely written off following its IPO and subsequent flame-out, but has started to put things together nicely now. It has been losing money but will be profitable this year (53c per share), with 56c expected next year. It is cash flow positive and the stock momentum is very positive. The last quarter was excellent and blew away estimates. It is 43X earnings--expensive, but not crazily so considering its growth. Robinhood's recent momentum adds fuel to a growing and reengaging customer base, with the accelerated pace of net deposits and Gold-subscription growth the strongest year to date in the most recent monthly data available. Sustaining it is key, with promotions a likely support after fueling the robust 1Q pace that helped lift monthly active users to 13.7 million in 1Q -- the highest since 2Q22. Mr. Tenev is a huge crypto advocate, and has done a decent job growing the company so far. He has a lot to learn as a newly-public CEO, and has certainly made lots of mistakes. But we do think he is improving. We do not really know Mr. Bhatt's story very well. Bloomberg shows insiders at about 4%.
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