In-Depth Examination Of 6 Analyst Recommendations For Robinhood Markets
Portfolio Pulse from Benzinga Insights
Robinhood Markets (NASDAQ:HOOD) was analyzed by 6 analysts, showing diverse opinions. The average 12-month price target is $14.08, up from $12.70. Analysts from Keybanc, JMP Securities, Morgan Stanley, Mizuho, and Piper Sandler have updated their ratings and price targets. Robinhood's market cap is below industry average, but it saw a 29.36% revenue growth in the last quarter. However, it has a net margin of -18.2% and low ROE and ROA, indicating profitability and asset utilization challenges. Its debt-to-equity ratio is conservative at 0.49.
January 08, 2024 | 12:00 pm
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Analysts have mixed views on Robinhood Markets, with an updated average price target of $14.08. The company's strong revenue growth contrasts with its profitability issues.
The diverse analyst ratings and the increase in the average price target suggest uncertainty, but the positive revenue growth could be a positive signal. However, concerns about profitability and below-average ROE and ROA may temper investor enthusiasm in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100