This summary was created by AI, based on 3 opinions in the last 12 months.
Experts are concerned about Robinhood's heavy exposure to options and Bitcoin, which may not be suitable for all customers. The company reported a weak quarter with missed revenues and a significant decline in monthly active users and transaction-based revenues. Additionally, Robinhood is not very profitable, which is why some experts recommend a more established bank like Goldman Sachs instead. Overall, there are concerns about the company's customer base, financial performance, and product offerings.
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, 3 stock analysts published opinions about HOOD-Q. 0 analysts 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.
3 stock analysts on Stockchase covered Robinhood In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Robinhood (HOOD-Q) stock closed at a price of $20.12.
It's doubled so suddenly recently, so not now. Wait.