HOOD Stock Summary and Trading Ideas (Robinhood Markets - Class A | NASDAQ:HOOD)

Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fraud detection, derivatives, fractional shares, recurring investments, and others.

Robinhood Markets - Class A trades on the NASDAQ stock market under the symbol HOOD.

As of March 19, 2025, HOOD stock price climbed to $41.97 with 21,065,300 million shares trading.

HOOD has a beta of 3.45, meaning it tends to be more sensitive to market movements. HOOD has a correlation of 0.46 to the broad based SPY ETF.

HOOD has a market cap of $37.13 billion. This is considered a Large Cap stock.

Last quarter Robinhood Markets - Class A reported $1 billion in Revenue and $.54 earnings per share. This beat revenue expectation by $69 million and exceeded earnings estimates by $.11.

In the last 3 years, HOOD traded as high as $66.91 and as low as $6.81.

The top ETF exchange traded funds that HOOD belongs to (by Net Assets): VTI, VXF, VB, VO, VBK.

HOOD has outperformed the market in the last year with a return of +130.5%, while the SPY ETF gained +11.2%. In the last 3 month period, HOOD beat the market returning +13.2%, while SPY returned -3.3%. However, in the most recent 2 weeks HOOD has underperformed the stock market by returning -9.2%, while SPY returned -2.0%.

HOOD support price is $37.44 and resistance is $42.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HOOD shares will trade within this expected range on the day.