CNBC's Jim Cramer reports on the latest regarding Robinhood.
Zacks.com users have recently been watching Robinhood Markets (HOOD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
A boost is expected from crypto-assets listings, as one analyst flags expected changes to securities laws under a Trump administration.
There is an unavoidable risk on the horizon for Robinhood.
Deutsche Bank analyst Brian Bedell raised the firm's price target on Robinhood to $35 from $34 and keeps a Buy rating on the shares. The firm says that a a conference today, Robinhood CFO Jason Warnick reviewed continued progress around a variety of growth initiatives, including higher crypto pricing, along with the company's philosophy around operating leverage and capital management. While much of the commentary was consistent with prior communication from management, Deutsche sees a few incremental comments that will support continued appreciation of the shares, the analyst tells investors in a research note.
Robinhood Markets, Inc. (NASDAQ:HOOD ) Wolfe Research Wealth Symposium November 13, 2024 11:45 AM ET Company Participants Jason Warnick - CFO Conference Call Participants Steven Chubak - Wolfe Research Steven Chubak All right. So good morning, everybody.
Malka Meyer, a director at Robinhood Markets, Inc. (NASDAQ: HOOD), recently sold a substantial portion of his holdings, as disclosed in a filing with the U.S. Securities and Exchange Commission (SEC).
Robinhood co-founder and CEO Vlad Tenev joins 'Squawk Box' to discuss impact of President-elect Trump's election victory on the crypto industry, crypto regulation under a second Trump term, the company's post-election rally, future of prediction markets, and more.
Robinhood Markets, Inc.'s share price surged post-election, but the company remains overvalued with a P/E of 50x, needing substantial growth to justify its valuation. The company has grown revenue to $2.4 billion and increased gold subscribers, but high expenses and stock-based compensation hinder true profitability. Robinhood's 1% deposit match has driven asset growth but is unsustainable, adding $230 million in unamortized obligations, impacting long-term growth.
HOOD stock hits a new 52-week high. Can the newly elected government's stance and the company's growth efforts keep the momentum going?
Steve Quirk, Robinhood chief brokerage officer, joins 'Closing Bell Overtime' to talk the impact of the election and aftermath on the platform.
Trump transition team officials are considering retail brokerage Robinhood's top lawyer, as well as bank regulators and corporate attorneys, for a short list of key financial agency heads they expect to present to the president-elect soon, according to multiple people with knowledge of the matter.