This summary was created by AI, based on 4 opinions in the last 12 months.
Based on the reviews from different experts, it is evident that there are concerns regarding Robinhood (HOOD-Q) stock. The sudden doubling in price has raised doubts about its current suitability for investment. The heavy exposure to options and Bitcoin, coupled with a weak quarter and lack of profitability, has resulted in a consensus of caution among experts. Many experts prefer other financial institutions such as Schwab and GS, suggesting a lack of confidence in Robinhood's performance.
They're too exposed to options and Bitcoin for their customers. They need a better base of customers. Prefers Schwab.
Reported a weak quarter: missed revenues, monthly active users are down 16% YOY, transaction-based revenue -11% YOY. and -55% crypto-based transaction revenues.
Robinhood is a American stock, trading under the symbol HOOD-Q on the NASDAQ (HOOD). It is usually referred to as NASDAQ:HOOD or HOOD-Q
In the last year, 4 stock analysts published opinions about HOOD-Q. 1 analyst recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Robinhood.
Robinhood was recommended as a Top Pick by on . Read the latest stock experts ratings for Robinhood.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Robinhood In the last year. It is a trending stock that is worth watching.
On 2024-10-31, Robinhood (HOOD-Q) stock closed at a price of $23.49.
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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