Is Robinhood stock a good investment?
The one-year Robinhood Markets Inc. stock forecast points to a potential upside of 31.41. The average equity rating for HOOD stock is currently 2.70, trading closer to a bullish pattern in the stock market. The market cap for the stock reached $11.62 billion, with 842.40 million shares outstanding and 678.04 million shares in the current float.
Is Robinhood a publicly traded company?
Since Robinhood is an online stock brokerage itself, the company is planning to offer IPO shares to its customers through its IPO Access platform. See more below. Prominent venture capital investors include Sequoia Capital, Index Ventures, Ribbit Capital, Andreessen Horowitz, and ICONIQ Capital. When is the Robinhood IPO Date?
Why is everyone talking about Robinhood stock?
Warning signs about a company's business are often in plain view -- if you're willing to look for them. Both the pandemic as well as commission-free trading platforms like Robinhood have attracted a flurry of new investors into the stock market over the past couple of years.
How to trade stocks using Robinhood?
Robinhood’s easy-to-use app and zero-commission trades are especially appealing ... stock soaring to the moon (or at least to $480) in early 2021, stock trading became one of the biggest trends on social media as well, making it cool to post memes ...
What is the stock symbol for Robinhood?
On July 28, 2021, Robinhood sold shares in its IPO at $38 per share ahead of its public debut on the Nasdaq on July 29, raising close to $2 billion. The company, which will trade under the ticker symbol HOOD, sold 52.4 million shares, valuing it at $32 billion, which was slightly lower than forecast.
Can I buy Robinhood stock?
You can place orders for certain stocks before their initial public offering using your Robinhood app. An initial public offering (IPO) is a company's first sale of stock to the public. We offer pre-IPO orders for a small selection of stocks, and won't support pre-IPO orders for every company that lists on the market.
Is Robinhood a public stock?
Robinhood Markets, Inc. is an online stock brokerage company with a stock-trading app aimed at young and newer investors. As the privately-held company grew in popularity, primarily from offering its zero-commission trades, Robinhood decided to "go public" through an initial public offering, or IPO, in July 2021.
What company owns Robinhood?
Robinhood is a FINRA-regulated broker-dealer, registered with the U.S. Securities and Exchange Commission, and is a member of the Securities Investor Protection Corporation....Robinhood Markets.TypePublicHeadquartersMenlo Park, California , U.S.Key peopleVladimir Tenev, CEO Baiju Bhatt, Chief creative officer13 more rows
How do I get Robinhood IPO?
How to request IPO sharesFind an IPO that interests you.Tap the I'm interested button.Review the checklist and confirm your eligibility.Read the company's prospectus to learn more, including potential risks.Tap the Request shares button.Enter the details of your request.Tap the Review button.More items...
What will Robinhood IPO price be?
$38 per shareRobinhood shares plummeted 10.4% to end the day at $35.44 per share, dipping below the stock trading app's IPO price of $38 per share.
Is Robinhood a good buy?
Unfortunately, Robinhood is still unlikely to be profitable in 2022. The company has been working towards that goal, but Robinhood's declining userbase could spell trouble in the short term. Moreover, Robinhood is likely to face even more competition from companies such as eToro.
Why is Robinhood stock so low?
Shares of popular stock trading app Robinhood tumbled over 10% after the company reported fourth quarter earnings that failed to impress investors, while also issuing a grim revenue forecast for the start of 2022 as trading activity continues to slow down.
Is Robinhood Markets a buy right now?
15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Robinhood Markets in the last twelve months. There are currently...
When is Robinhood Markets' next earnings date?
Robinhood Markets is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022. View our earnings forecast for...
How were Robinhood Markets' earnings last quarter?
Robinhood Markets, Inc. (NASDAQ:HOOD) released its earnings results on Thursday, April, 28th. The company reported ($0.45) EPS for the quarter, mis...
What price target have analysts set for HOOD?
15 analysts have issued 1-year price targets for Robinhood Markets' shares. Their forecasts range from $10.00 to $65.35. On average, they anticipat...
Who are Robinhood Markets' key executives?
Robinhood Markets' management team includes the following people: Mr. Vladimir Tenev , Co-Founder, Pres, CEO & Chairman (Age 35, Pay $767.92k) (...
Who are some of Robinhood Markets' key competitors?
Some companies that are related to Robinhood Markets include Interactive Brokers Group (IBKR) , Raymond James (RJF) , Credit Suisse Group (CS) ,...
When did Robinhood Markets IPO?
(HOOD) raised $2.2 billion in an initial public offering on Thursday, July 29th 2021. The company issued 55,000,000 shares at $38.00-$42.00 per sha...
What is Robinhood Markets' stock symbol?
Robinhood Markets trades on the NASDAQ under the ticker symbol "HOOD."
Who are Robinhood Markets' major shareholders?
Robinhood Markets' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.63%...