Robinhood Markets (HOOD) Price Target and Stock Forecast

Leading analytical firms have published forecasts for Robinhood Markets (HOOD) stocks for the year 2024. This means that the forecast should be fulfilled within the next 12 months. We are considering only the latest target prices recently published by analytical firms. The majority of analytical firms have assigned a consensus rating of "buy" to Robinhood Markets (HOOD) stocks. The average target price for the next 12 months is $11.70. Forecasts on the site are updated once a month.

History of Robinhood Markets (HOOD)

About the company: Robinhood Markets is a financial technology company founded in 2013. It gained widespread popularity due to its innovative platform that allows users to invest in stocks, ETFs, and cryptocurrencies without any commissions. The history of Robinhood began with a simple idea to make investing accessible to everyone. The founders, Vlad Tenev and Baiju Bhatt, were guided by the principle of "People should be their own brokers," aiming to eliminate barriers and expand investment opportunities. From the very beginning, Robinhood aimed to be an innovative leader in the investment industry. The company became the first to offer commission-free trading of stocks and ETFs, revolutionizing the field. This allowed young and novice investors to enter the market and start building their portfolios without financial obstacles. Over time, Robinhood expanded its services by adding cryptocurrency trading. This became an important step, considering the growing popularity and interest in digital assets. Today, users can easily buy and sell Bitcoin, Ethereum, and other popular cryptocurrencies right from their mobile devices. The company continuously develops new features and tools to provide its clients with the best investment experience. They implement new technologies such as artificial intelligence and machine learning to provide personalized recommendations and help users make more informed decisions. An essential aspect of Robinhood's philosophy is ensuring transparency and educating its clients. The company conducts stock and cryptocurrency reviews, provides analytical data and educational materials to help users learn and understand how the financial market works. Robinhood also strives to be a social platform where users can communicate and share their investment ideas. This enables the creation of a community of investors who can interact, assist each other, and share experiences. The company has robust security and data protection standards to ensure the confidentiality and safeguarding of its clients. They also actively collaborate with regulatory bodies to ensure compliance with all necessary laws and regulations. Robinhood aims to change the way people interact with financial markets. They strive to make investing accessible and understandable to everyone, and their app has become popular among the younger generation who aspire to begin their journey towards financial independence. Today, Robinhood Markets is an innovative company that is transforming the investment landscape. They offer simplicity, accessibility, and education in the investment field and continue to develop new solutions to meet the needs of their clients and stay ahead of competitors.

Robinhood Markets (HOOD) Stock 12 Month Forecast

RobinhoodMarkets
HOOD

Exchange Ticker = HOOD

Average target price for the next 12 months = $11,70

Consensus rating = "Hold"

Average target price

data from all analysts is taken into account

Forecast

$11,70

Robinhood Markets (HOOD) Stock Latest Price Targets

FORECAST FROM 08/25/2023

Analytical firm "JP Morgan"
4/5

Will be fulfilled by the date 08/03/2024

$12,5

FORECAST FROM 08/04/2023

Analytical firm "Citigroup"
4/5

Will be fulfilled by the date 08/03/2024

$12

FORECAST FROM 08/04/2023

Analytical firm "Barclays Capital"
4.5/5

Will be fulfilled by the date 08/03/2024

$11

FORECAST FROM 07/14/2023

Analytical firm "Goldman Sachs"
4.5/5

Will be fulfilled by the date 07/13/2024

$10

FORECAST FROM 07/14/2023

Analytical firm "Morgan Stanley"
4/5

Will be fulfilled by the date 07/13/2024

$13

You may also like...

Leave a Reply