Robinhood Markets, IncNasdaq: HOOD
Financials · Investment Banking & Brokerage
$73.69
+1.10%
Vol: 22.0M
Research Digest
Friday, May 1, 2026
Robinhood Q1 2026 misses with net income +3% to $346M; crypto revenue down 47% YoY pressures stock 11.8% lower.
Robinhood Q1 2026 revenue +15% YoY to $1.07B but net income growth disappointed at only 3% to $346M, triggering 11.8% weekly stock decline. Cryptocurrency revenue plummeted 47% YoY to $143M, significant concern given crypto was historically major revenue driver. Positives: 22% growth in net deposits to $18B, 36% growth in Robinhood Gold subscribers to 4.3M, and 320% YoY growth in Prediction Markets to $147M. Strategic developments: Treasury appointment as broker/initial trustee for Trump Accounts and in-principle approval from Singapore's MAS for comprehensive brokerage services.
Previous Market Intelligence
13 daysApr 30Robinhood reports Q1 2026 earnings miss with $1.07B revenue and 47% crypto revenue decline.Negative▶
Robinhood Markets reported Q1 2026 results on April 28 with revenue of $1.067 billion (missing $1.17B estimate) and EPS of $0.38 (missing $0.41 estimate). Crypto-related revenue declined 47% to $134 million. However, the company showed strength in net deposits of $17.7B with 22% annualized growth, and a record 27.4 million funded accounts. The Board approved a $1.5 billion share repurchase authorization. Stock fell 8% post-market on the earnings miss.
Apr 16SEC eliminates $25K day trading rule; HOOD stock surges on regulatory tailwindPositive▶
The SEC eliminated the $25,000 pattern day trader rule on April 15, removing a major barrier for retail traders using platforms like Robinhood. HOOD shares jumped 10.2% on the news, extending gains from the prior session. The rule change is expected to expand user activity and trading volumes. Robinhood added to Argus Focus List. Analyst consensus remains bullish with 24 analysts rating as Buy; average 12-month target is $102.17 (17% upside).
Apr 15Robinhood faces analyst price target cuts after March data shows slowing growth, but maintains Buy consensus ahead of Q1 earnings.Mixed▶
Robinhood stock surged 9.08% on April 14 despite recent analyst downgrades. Truist cut price target from $120 to $100, while Needham lowered target from $100 to $90 after March data flagged weaker trading volumes. Revenue forecast revised to $5.3B for FY2026. However, 22 analysts maintain Buy consensus with average price target of $110.86. Q1 2026 earnings release April 28.
Apr 14Robinhood CEO Tenev sells 375k shares; Morgan Stanley and Barclays downgrade; Zacks issues Strong Sell.Negative▶
Robinhood Q1 earnings due April 28. CEO Vladimir Tenev sold 375,000 shares on April 6 for $26.2M. Morgan Stanley cut target from $147 to $95; Barclays lowered from $124 to $89. Zacks downgraded to Strong Sell. Crypto transaction revenue fell 38% in Q4 2025. Approved $1.5B stock buyback and $3.25B revolving credit facility.
Apr 13Robinhood removes high-risk prediction market contracts over manipulation concerns; board approves $1.5 billion share buyback.Mixed▶
Robinhood pulled high-risk prediction market contracts due to insider trading and manipulation risks. The board approved a $1.5 billion share repurchase program. Separately, Robinhood is partnering with BNY Mellon to build Trump accounts infrastructure. Analyst concerns emerged with Citizens JMP cutting price target 14%, but consensus remains Strong Buy with $106.20 target.
Apr 10Robinhood Markets will announce Q1 2026 results on April 28 with interactive shareholder Q&A platform.Neutral▶
Robinhood Markets announced Q1 2026 financial results release for April 28 after market close. Interactive Q&A platform opens April 21 for shareholder questions. Robinhood was awarded contract to manage new Trump Accounts program. Cathie Wood ARK Invest purchased $13M in HOOD shares. CEO Tenev sold $26.19M in stock on April 6.
Apr 9Robinhood surges on Trump accounts app catalyst, Cathie Wood buys $13M stakePositive▶
Robinhood Markets stock jumped on reports the company is developing a dedicated app for Trump accounts management. Cathie Wood's ARK Invest purchased approximately $13 million in shares in response. CEO Vladimir Tenev sold $26.19 million in stock on April 6 (range: $69.53-$70.12). KBW reinstated Market Perform rating with $75 target on April 8. Consensus rating: Strong Buy among 17 analysts with average price target of $114.40 (+64.3% upside). Q1 2026 earnings due April 28.
Apr 8Robinhood Selected to Manage Federal Trump Accounts ProgramMixed▶
Robinhood stock up 1.28% on news of selection to manage Trump Accounts program offering $1,000 federal contributions for children. Partnership with Bank of New York Mellon cited as positive catalyst.
Apr 7Robinhood Markets up 1.4% on Trump Accounts program partnership with Bank of New York MellonPositive▶
Robinhood stock up 1.4% on news of partnership with Bank of New York Mellon for Trump Accounts program serving families. Trading volumes cooled in Q1 as equity and crypto markets declined though prediction markets held better. Robinhood banking division exceeded $1.5B in deposits with nearly 100,000 funded customers. Raymond James reiterated Market Perform rating.
Apr 6Robinhood announced $1.5B share repurchase; banking deposits hit $1.5B milestone despite crypto headwinds.Neutral▶
Robinhood Markets announced $1.5B share repurchase program after strong 2025 performance with revenue of $4.47B (up 51.58%) and earnings of $1.88B (up 33.45%). Banking product crossed $1.5B deposit milestone showcasing diversification beyond trading. However, HOOD experienced 38% year-to-date decline driven by poor crypto markets, especially altcoins. Needham analyst lowered price target to $90 from $100 but maintains Buy rating. Despite recent weakness, consensus remains bullish with 19 analysts recommending Buy vs 3 suggesting Sell. Stock trading at $68.90 with 52-week range of $29.66-$153.86 reflecting extreme volatility.
Apr 3Robinhood stock falls on analyst PT cuts; HOOD down 46% from 52-week high despite strong March trading metrics.Mixed▶
Robinhood Markets stock fell 1.6% following analyst cuts: Needham reduced price target to $90 from $100. HOOD has declined 52% over six months. Despite weakness, March 2026 showed strong trading metrics: equity trading volumes hit $196 billion, options contracts reached 187 million. Robinhood Banking accumulated $1.5 billion in deposits. Announced $1.5 billion share buyback.
Apr 2Robinhood Q1 2026 earnings release April 28; stock up amid crypto recoveryPositive▶
Robinhood Markets announces Q1 2026 earnings release for April 28, 2026; stock up amid crypto recovery narrative.
Apr 1Robinhood announces $1.5 billion share buyback as crypto trading volumes decline and SpaceX IPO allocation concerns weigh.Mixed▶
Robinhood announced a $1.5 billion share repurchase program. Record 2025 results with $4.5 billion in revenues and $2.05 diluted EPS. However, March crypto notional volume declined to $16 billion from $25 billion in February. Stock declined 2% on SpaceX IPO allocation news. Bernstein cut PT to $130 and Goldman to $91.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| MSMORGAN | $190.53 | -0.03% | +14.4% | 15.1x | 1.18 | $302.6B |
| GSGOLDMAN | $924.04 | +0.03% | +6.7% | 14.1x | 1.31 | $274.1B |
| SCHWSCHWAB | $91.61 | -0.03% | -1.4% | 13.1x | 0.90 | $160.6B |
| IBKRINTERACTIVE | $80.56 | +1.33% | +15.9% | 27.9x | 1.26 | $135.2B |
| HOODROBINHOOD | $73.69 | +1.10% | +4.5% | 28.1x | — | $65.7B |
| RJFRAYMOND | $156.41 | -1.21% | +11.7% | 11.8x | 1.01 | $30.8B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.