Check Out What Whales Are Doing With HOOD
Portfolio Pulse from Benzinga Insights
Whales have shown a bullish stance on Robinhood Markets (NASDAQ:HOOD), with Benzinga's options scanner revealing 26 unusual options trades. The sentiment is split, with 57% bullish and 42% bearish. Major trades focus on a price range of $14.0 to $32.0 for HOOD. The company, known for its financial services platform, has seen its stock price increase by 0.49% to $18.39. Analysts have mixed ratings, with an average target price of $22.0. The next earnings report is expected in 44 days.
March 25, 2024 | 7:02 pm
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Whales' bullish stance and unusual options activity indicate potential short-term interest in HOOD, with a price target average of $22. Analysts' mixed ratings and the upcoming earnings report could influence stock movement.
The bullish sentiment from whales, combined with the mixed analyst ratings and the anticipation of the upcoming earnings report, suggests a positive short-term outlook for HOOD. However, the market's reaction to the earnings report and any changes in analyst ratings could significantly impact the stock's direction.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100