# Robinhood Markets, Inc.  Share Price Target ‘$22.23’, now -2.9% Downside Potential

- Link: https://www.directorstalkinterviews.com/robinhood-markets-inc.share-price-target-22.23-now-2.9-downside-potential/4121163802
- Published: 2024-07-05T16:00:24+01:00
- Author: Charlotte Edwards

**Robinhood Markets, Inc.** with ticker code (HOOD) have now 15 analysts in total
covering the stock. The consensus rating is pointing to ‘hold’. The range between
the high target price and low target price is between $30.00 and $18.00 calculating
the mean target share price we have $22.23. (at the time of writing). Now with the
previous closing price of $22.89 this indicates there is a potential downside of-
2.9%. The day 50 moving average is $20.25 and the 200 day MA is $14.41. The market
capitalization for the company is 19.51B. The stock price for the company is currently
$22.20 USD

 The potential market cap would be $18,947,612,170 based on the market consensus.

The company has a dividend yield of 5.22%. Other points of data to note are a P/
E ratio of 158.57, revenue per share of $2.31 and a 0.34% return on assets.

Robinhood Markets, Inc. develops financial services platform. The Company is principally
focused on developing application for cash management such as stocks, exchange-traded
funds, options, and cryptocurrency. The Company’s platform offers trading in United
States (U.S) listed stocks and exchange traded funds (ETFs), as well as related 
options and American depositary receipts (ADRs); cryptocurrency trading through 
its subsidiary, Robinhood Crypto, LLC (RHC); fractional trading, which enables its
customers to build a diversified portfolio and access stocks; recurring investments;
IPO access and directed share program; cash management, which includes Robinhood-
branded debit cards; Robinhood Gold, a monthly paid subscription service that provides
customers with features, such as instant access to deposits and professional research.
It also offers learning and education solutions, which include Robinhood Snacks,
Robinhood Learn, Newsfeeds, In-App Education, and Crypto Learn and Earn.

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