MENLO PARK, CA – Shares of financial technology platform Robinhood Markets, Inc. (HOOD) are surging in today’s market, exploding higher by more than 6.7% in a dramatic and high-volume trading session. The stock price hit $98.54, demonstrating immense buyer conviction and pushing the company tantalizingly close to its 52-week high.
The trading day for HOOD stock was marked by extreme volatility right from the opening bell. After closing yesterday at $92.33, the stock opened lower at $91.18 and briefly dipped to $90.90. However, this weakness was short-lived as an aggressive wave of buying triggered a massive spike, sending the stock soaring. The trading volume was exceptionally heavy, with nearly 26 million shares changing hands early in the session, already more than half of its daily average.
This powerful rally brings the stock within reach of its 52-week range high of 1.75** and a P/E Ratio of 56.00. With a massive intraday market capitalization of over $86 billion, Robinhood has cemented its status as a major force in the brokerage and fintech industry.
Perhaps the most compelling aspect of today’s rally is the stark contrast with Wall Street’s consensus view. The current 1-year analyst target estimate for HOOD is $73.98, a figure that the stock is now trading more than 33% above. This significant disconnect suggests that the market’s momentum and belief in Robinhood’s growth story—fueled by product expansion, user engagement, and market activity—are far outpacing the more conservative models used by analysts.
For investors, today’s action confirms Robinhood’s status as a high-beta, high-conviction name where market sentiment can drive powerful, outsized moves.
Frequently Asked Questions (FAQ) about Robinhood Markets (HOOD) Stock
Here are detailed answers to over 10 of the most common questions investors may have about HOOD based on the provided data.
1. What is the current stock price for Robinhood?
As of 10:17:26 AM EDT, the stock price for Robinhood Markets, Inc. (HOOD) was $98.54 per share.
2. What is Robinhood’s stock ticker symbol?
The company trades on the Nasdaq exchange under the ticker symbol HOOD.
3. How is HOOD stock performing today?
At the time of the image, the stock was up $6.21, which is a very strong gain of +6.72%.
4. Is Robinhood a profitable company?
Yes. The provided data confirms its profitability with a positive Earnings Per Share (TTM) of $1.75 and a P/E Ratio of 56.00.
5. What is the 52-week high and low for HOOD stock?
The 52-week trading range is $13.98 to $99.18. The current price of $98.54 is very close to its 52-week high.
6. Does Robinhood pay a dividend?
No. The “Forward Dividend & Yield” field is marked with a dash (—), indicating that HOOD does not pay a dividend to shareholders.
7. What is the analyst price target for HOOD, and what does it mean that the stock is above it?
The 1-year analyst target estimate is $73.98. When a stock trades significantly above its target, it suggests that market investors have a more bullish outlook than analysts, pricing in faster growth or higher future earnings than the consensus view.
8. What is the market capitalization of Robinhood?
The intraday market cap for Robinhood is $86.433 billion, making it a very large company.
9. What does Robinhood’s Beta of 2.26 signify?
A Beta of 2.26 indicates that HOOD stock is historically 126% more volatile than the overall stock market. This means it is prone to very large price swings, both up and down, as seen in today’s trading.
10. What was today’s trading volume like?
The volume was very high. At 25,940,339 shares early in the day, it was already well over half its average daily volume of 44,514,603, indicating strong investor interest.
11. What was the day’s trading range?
Up to the time of the screenshot, the stock had traded in a range between 98.14.
12. What does Robinhood do?
Robinhood Markets, Inc. is an American financial services company known for pioneering commission-free trading of stocks, exchange-traded funds (ETFs), and cryptocurrencies via a mobile app and website.
