A Glimpse Into The Expert Outlook On Robinhood Markets Through 20 Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 20 analysts have shared their insights on Robinhood Markets (NASDAQ:HOOD), with opinions ranging from bullish to bearish. The average 12-month price target has increased to $22.25, reflecting a 14.28% rise from the previous target. Analysts have frequently updated their ratings and price targets, indicating evolving market perceptions. Robinhood Markets has shown strong revenue growth and net margins but lags in return on equity and assets.
June 26, 2024 | 6:01 pm
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Analysts have mixed views on Robinhood Markets (NASDAQ:HOOD) with a new average price target of $22.25, up 14.28% from the previous target. The company has shown strong revenue growth and net margins but faces challenges in return on equity and assets.
The increase in the average price target and the positive revenue growth indicate a bullish sentiment among analysts. However, the challenges in return on equity and assets may temper the overall positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100