Piper Sandler analyst Patrick Moley maintains $Robinhood (HOOD.US)$ with a buy rating, and maintains the target price at $27.
According to TipRanks data, the analyst has a success rate of 91.0% and a total average return of 28.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Robinhood (HOOD.US)$'s main analysts recently are as follows:
It is anticipated that cash sweep balances for brokers will be a focal point, along with volumes and non-transactional revenues for exchanges. Within the market infrastructure sector, the scope for industry trends to encourage fixed income electronification and the dynamics of market share are expected to draw attention.
The firm adjusted its model in anticipation of the Q3 earnings report, with an outlook extending to December 2025. Following a period of volatility early in August, which boosted trading volumes and deposits, there appeared to be a slowdown in September. Analysts suggest that favorable market conditions that bolster the asset base may counterbalance the anticipated decreases in revenue from net interest income for Robinhood.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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