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Why the Market Dipped But Robinhood Markets, Inc. (HOOD) Gained Today
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Robinhood Markets, Inc. (HOOD - Free Report) closed at $110.52 in the latest trading session, marking a +1.19% move from the prior day. This move outpaced the S&P 500's daily loss of 0.02%. Elsewhere, the Dow lost 0.35%, while the tech-heavy Nasdaq lost 0.15%.
Heading into today, shares of the company had lost 4.47% over the past month, lagging the Finance sector's loss of 3.34% and the S&P 500's gain of 2.05%.
The investment community will be closely monitoring the performance of Robinhood Markets, Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on October 27, 2026. The company is predicted to post an EPS of $0.55, indicating a 9.84% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.42 billion, indicating a 11.71% increase compared to the same quarter of the previous year.
HOOD's full-year Zacks Consensus Estimates are calling for earnings of $2.14 per share and revenue of $5.31 billion. These results would represent year-over-year changes of +4.39% and +18.6%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for Robinhood Markets, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.42% higher within the past month. Robinhood Markets, Inc. is holding a Zacks Rank of #1 (Strong Buy) right now.
Valuation is also important, so investors should note that Robinhood Markets, Inc. has a Forward P/E ratio of 51.01 right now. This indicates a premium in contrast to its industry's Forward P/E of 13.22.
Meanwhile, HOOD's PEG ratio is currently 2.14. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Financial - Investment Bank industry had an average PEG ratio of 0.89.
The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 69, positioning it in the top 29% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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Why the Market Dipped But Robinhood Markets, Inc. (HOOD) Gained Today
Robinhood Markets, Inc. (HOOD - Free Report) closed at $110.52 in the latest trading session, marking a +1.19% move from the prior day. This move outpaced the S&P 500's daily loss of 0.02%. Elsewhere, the Dow lost 0.35%, while the tech-heavy Nasdaq lost 0.15%.
Heading into today, shares of the company had lost 4.47% over the past month, lagging the Finance sector's loss of 3.34% and the S&P 500's gain of 2.05%.
The investment community will be closely monitoring the performance of Robinhood Markets, Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on October 27, 2026. The company is predicted to post an EPS of $0.55, indicating a 9.84% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.42 billion, indicating a 11.71% increase compared to the same quarter of the previous year.
HOOD's full-year Zacks Consensus Estimates are calling for earnings of $2.14 per share and revenue of $5.31 billion. These results would represent year-over-year changes of +4.39% and +18.6%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for Robinhood Markets, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.42% higher within the past month. Robinhood Markets, Inc. is holding a Zacks Rank of #1 (Strong Buy) right now.
Valuation is also important, so investors should note that Robinhood Markets, Inc. has a Forward P/E ratio of 51.01 right now. This indicates a premium in contrast to its industry's Forward P/E of 13.22.
Meanwhile, HOOD's PEG ratio is currently 2.14. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Financial - Investment Bank industry had an average PEG ratio of 0.89.
The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 69, positioning it in the top 29% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.