Buy, Sell or Hold: Robinhood (HOOD-Q) — Stock Predictions at Stockchase

NASDAQ:HOOD

10.21

0.48 (4.93%) 1d

Showing 1 to 7 of 7 entries

DON'T BUY

Shares slid 5%. At the height of their power, June 2021, FINRA fined HOOD the highest-ever penalty for misleading millions of customers and for allowing thousands to trade options when they shouldn't have. Those customers lost a lot of money. True, it their own fault trading very risky instruments, but HOOD didn't educate them well, as promised. HOOD made it too easy for their customers to lose money, period. With fewer customers, HOOD's business has taken a hit. A broker protects their client from themselves, and HOOD did not.

Technology

DON'T BUY

Shares have been tanking, but they have a good app that includes trading options. They reported terrible numbers, though. During last year's meme stock lunacy, RH never got past the app stage.

Technology

DON'T BUY

Shares have been tanking, but they have a good app that includes trading options. They reported terrible numbers, though. During last year's meme stock lunacy, RH never got past the app stage.

Technology

DON'T BUY

All the young people he meets use their app. After last night's quarter miss, due to crypto trading falling off in Q3, he fears that some of their users are getting out of trading. These people have an average age of 31 with a median account of $240. He also fears that users are speculating in cryptos (which he owns), but not investing. HOOD offers some investing education, but what exactly, like diversification or long-term wealth building? It is only about speculating in the riskiest cryotos? APRU has plunged around 36%.

Technology

WEAK BUY

He doesn't like it that so much of their business is based on options trading, but it forced the discount brokerage business to go commissions-free. The CEO envisions a single-all-in-one money app for consumers--paycheque deposits, bill payments, daily spending--but that's a ways off. Also, they're tangling with the SEC. There will be insider selling when the lock-up period ends.

Technology

DON'T BUY

It plunged nearly 28% today after soaring 50% yesterday. A truly overvalued stock (and no, he's not a fan of meme stocks like this). Meme stocks don't reflect the market, but what people are talking about.

Technology

PARTIAL SELL

It soared 50% today. He urges shareholders to take some profits off the table. Don't get greedy or you'll get slaughtered, goes the saying. If you bought this in the $30s but haven't sold, you're a pig. Warning: this could become a meme stock. RH flopped on its IPO, which made it a prime target for the memesters.

Technology

Showing 1 to 7 of 7 entries

Robinhood(HOOD-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 7

Stockchase rating for Robinhood is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Robinhood(HOOD-Q) Frequently Asked Questions

What is Robinhood stock symbol?

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

Is Robinhood a buy or a sell?

In the last year, 7 stock analysts published opinions about HOOD-Q. 1 analyst recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Robinhood.

Is Robinhood a good investment or a top pick?

Robinhood was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Robinhood.

Why is Robinhood stock dropping?

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.

Is Robinhood worth watching?

7 stock analysts on Stockchase covered Robinhood In the last year. It is a trending stock that is worth watching.

What is Robinhood stock price?

On 2022-05-19, Robinhood (HOOD-Q) stock closed at a price of $10.21.

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We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.