April 19, 2024 Bitcoin Halving: Catalyst for New Price Heights?
April 18, 2024 EU Moves Toward Single Capital Market Union
April 17, 2024 Bitcoin Halving 2024: Market Impact Predictions
Wall Street Lunch: Big Tech Bearishness?
Apple Should Climb The Wall Of Worry
Microsoft Q3 Preview: Focusing On Copilot
April 23, 2024 Maximizing Profits: When is the Right Time to Sell Your Business?
April 12, 2024 Improve Your Financial Status: A How-To Guide
April 12, 2024 How ZIM Integrated Container Tracking is Revolutionizing Global Trade
March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5
Robinhood Markets (HOOD) stock forecast for 2024
Updated: April 22, 2024 (12:03)
Sector: FinancialThe share price of Robinhood Markets, Inc. (HOOD) now
50/200 Day Moving Average: $16.71 / $12.15
This figure corresponds to the Average Price over the previous 50/200 days. For Robinhood Markets stocks, the 50-day moving average is the resistance level today.
For Robinhood Markets stocks, the 200-day moving average is the resistance level today.
Are you interested in Robinhood Markets, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Robinhood Markets stock price in 2024. How much will one Robinhood Markets share be worth in 2024? Is it worth taking profit / loss on HOOD stock now or waiting? What are analysts' forecasts for Robinhood Markets stock?
We forecast Robinhood Markets stock performance using neural networks based on historical data on HOOD stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.
Robinhood Markets, Inc. stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Robinhood Markets analysts is $18.86. Today 200 Day Moving Average is the support level (12.15 $). 50 Day Moving Average is the support level (16.71 $).
Historical and forecast chart of Robinhood Markets, Inc. stock
The chart below shows the historical price of Robinhood Markets stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the HOOD stock price can be found in the table below.
Robinhood Markets is an American company headquartered in Menlo Park, California. The organization provides its clients with the possibility of commission-free trading of stocks and exchange-traded funds through a mobile application, presented in March 2015. Robinhood is a FINRA regulated broker registered with the US Securities Commission and a member of the Securities Protection Corporation. The company’s revenue comes from three main sources: interest (earned on customer cash balances), the sale of information about exchange orders to high-frequency traders, and margin lending. As of 2021, Robinhood has 31 million users.
Robinhood Markets (HOOD) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| May | 18.26 | 16.34 | 19.05 | 14.22 % |
| Jun | 18.44 | 16.61 | 20.30 | 18.19 % |
| Jul | 18.67 | 16.68 | 20.21 | 17.46 % |
| Aug | 17.91 | 17.01 | 19.19 | 11.37 % |
| Sep | 18.62 | 17.39 | 20.41 | 14.81 % |
| Oct | 19.27 | 18.46 | 19.86 | 7.06 % |
| Nov | 18.78 | 17.28 | 20.39 | 15.22 % |
| Dec | 17.97 | 17.16 | 19.12 | 10.26 % |
Robinhood Markets information and performance
85 WILLOW STREET, MENLO PARK, CA, US
Market capitalization of the Robinhood Markets, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of HOOD shares in the company outstanding by the market price of one share.
EBITDA of Robinhood Markets is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Robinhood Markets price target for 2024 by month
Target values for the price of one Robinhood Markets share for May 2024.
In May, the Positive dynamics for Robinhood Markets, Inc. shares will prevail with possible monthly volatility of 14.223% volatility is expected.
Pessimistic target level: 16.34
Optimistic target level: 19.05
Target values for the price of one Robinhood Markets share for Jun 2024.
In Jun, the Positive dynamics for Robinhood Markets, Inc. shares will prevail with possible monthly volatility of 18.187% volatility is expected.
Pessimistic target level: 16.61
Optimistic target level: 20.30
Target values for the price of one Robinhood Markets share for Jul 2024.
In Jul, the Positive dynamics for Robinhood Markets, Inc. shares will prevail with possible monthly volatility of 17.458% volatility is expected.
Pessimistic target level: 16.68
Optimistic target level: 20.21
Target values for the price of one Robinhood Markets share for Aug 2024.
In Aug, the Negative dynamics for Robinhood Markets, Inc. shares will prevail with possible monthly volatility of 11.368% volatility is expected.
Pessimistic target level: 17.01
Optimistic target level: 19.19
Target values for the price of one Robinhood Markets share for Sep 2024.
In Sep, the Positive dynamics for Robinhood Markets, Inc. shares will prevail with possible monthly volatility of 14.809% volatility is expected.
Pessimistic target level: 17.39
Optimistic target level: 20.41
Target values for the price of one Robinhood Markets share for Oct 2024.
In Oct, the Positive dynamics for Robinhood Markets, Inc. shares will prevail with possible monthly volatility of 7.062% volatility is expected.
Pessimistic target level: 18.46
Optimistic target level: 19.86
Target values for the price of one Robinhood Markets share for Nov 2024.
In Nov, the Negative dynamics for Robinhood Markets, Inc. shares will prevail with possible monthly volatility of 15.220% volatility is expected.
Pessimistic target level: 17.28
Optimistic target level: 20.39
Target values for the price of one Robinhood Markets share for Dec 2024.
In Dec, the Negative dynamics for Robinhood Markets, Inc. shares will prevail with possible monthly volatility of 10.259% volatility is expected.
Pessimistic target level: 17.16
Optimistic target level: 19.12
Related stocks from Financial sector
