How to Buy Robinhood Markets Stock
Robinhood Markets Inc
Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies.
Robinhood Markets stock last closed at $39.85, down 3.23% from the previous day, and has increased 131.82% in one year. It has overperformed other stocks in the Capital Markets industry by 1.21 percentage points. Robinhood Markets stock is currently +185.05% from its 52-week low of $13.98, and -40.44% from its 52-week high of $66.91.
There are currently 885.46M HOOD shares outstanding. The market cap of HOOD is $35.29B. In the past 24 hours, 27.48M HOOD shares were traded.
How to Buy Robinhood Markets Stock
Wondering how to invest in Robinhood Markets stock? Here's how.
- Choose where to buy Robinhood Markets stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Robinhood Markets stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your payment method and add your details.
- Analyze Robinhood Markets stock: The Robinhood Markets ticker symbol is HOOD. Is Robinhood Markets stock a good investment? Should you buy shares of HOOD? How do HOOD's underlying business fundamentals look? Do top analysts think Robinhood Markets is a good buy? Why has HOOD's stock price moved recently? (Hint: Our stock research tools can help you figure out if HOOD is a good stock to buy).
- Make your HOOD trade: Decide if you will purchase HOOD shares at the current market price or use a limit order to purchase HOOD stock at a given price.
- Get the latest news on your HOOD investment: Create a watchlist to keep track of your new investment in Robinhood Markets shares.
Step 1: Choose where to buy Robinhood Markets stock
You need a brokerage account in order to access the NASDAQ market and buy HOOD stock.
Our favorite brokerage: eToro
We believe that eToro is the best brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal info so you can invest in HOOD stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on stock market apps, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help transferring money into your new investment account.
Step 4: Analyze Robinhood Markets stock
After you have identified the best place to buy Robinhood Markets stock, it's crucial to evaluate their stock prior to buying, so you truly understand the risk as well as the upside.
Robinhood Markets shares data
Robinhood Markets Due Diligence Checks
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on HOOD's stock page.
Is HOOD stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge HOOD's fair value.
Using relative valuations ratios:
- HOOD may be overvalued based on its P/E ratio of 24.91x, relative to Capital Markets industry P/E ratio of 18.41x
- HOOD could be overvalued based on its P/B ratio of 4.43x, relative to Capital Markets industry P/B ratio of 1.92x
- HOOD may be overvalued based on its PEG ratio of 11.04x
You can do more valuation research on HOOD's stock here.
HOOD Financial Health Summary
Positive Health Checks:
- HOOD profit margin has gone up from -29% to 47.8% in the past year.
- There are more short-term assets than long-term liabilities on the HOOD balance sheet.
- HOOD has $9.45B in cash and short term investments. This is sufficient to cover its annual cash burn of $207.00M.
- There are more short-term assets than short-term liabilities on the HOOD balance sheet.
- HOOD has cash burn of 207000000. It has sufficient cash and short-term investments to cover this for at least one year.
- Total HOOD debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- HOOD has a relatively high debt to equity ratio of 2.29.
Is Robinhood Markets stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 15 sell side analysts who track HOOD, the consensus analyst rating on HOOD is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest HOOD Analyst Ratings
Ed Engel, a bottom 25% analyst from Compass Point initiates coverage on HOOD with a strong buy rating and announces their HOOD price target of $61.00, on Mar 19, 2025.
- Compass Point's Ed Engel initiated their coverage on Robinhood Markets (NASDAQ: HOOD) with a Strong Buy rating and a $61 price target.
Engel contextualized their Strong Buy rating and price target on Robinhood Markets by saying that:
- Compass Point' sees Robinhood Markets increasing its ARPU (Average Revenue Per User) from its 12M crypto users.
- The U.S. regulatory environment is expected to improve.
- The company has a $665M revenue opportunity from cross-selling existing crypto products to U.S. users.
Engel pointed out that their firm's FY 2026 EBITDA estimate is 16% above consensus and predicted that the stock price will rebound as FY 2025 and 2026 revenue numbers exceed expectations.
Brian Bedell, a top 4% analyst from Deutsche Bank maintains HOOD with a strong buy rating and lowers their HOOD price target from $75.00 to $61.00, on Mar 12, 2025.
Kenneth Worthington, a top 25% analyst from JP Morgan maintains HOOD with a hold rating and raises their HOOD price target from $39.00 to $45.00, on Feb 13, 2025.
Patrick Moley, a top 6% analyst from Piper Sandler maintains HOOD with a strong buy rating and raises their HOOD price target from $54.00 to $75.00, on Feb 13, 2025.
Steve Barger, a top 9% analyst from KeyBanc maintains HOOD with a strong buy rating and raises their HOOD price target from $57.00 to $75.00, on Feb 13, 2025.
You can dig deeper into what analysts are saying on the Robinhood Markets stock forecast page.
HOOD Technicals
HOOD Revenue
Last year, HOOD earnings were $1.41B. Over the past 4 year, HOOD's earnings have increased by 255.66% per year. This was faster than the Capital Markets industry average of 24.83%.
Last year, HOOD revenue was $2.95B. In the past 5 year, HOOD's revenue has grown by 60.45% per year. This was faster than the Capital Markets industry average of 18.58%.
You can research HOOD's earnings and revenue performance here.
What are HOOD executives and large shareholders up to?
In the last 12 months, insiders at HOOD have sold more shares than they have bought.
Baiju Bhatt, Director of HOOD, was the latest HOOD insider to sell. They sold $9,199,712.35 worth of HOOD shares on Apr 16, 2025.
Dig into more about who owns HOOD stock here.
Can I get consistent income from HOOD stock?
No, Robinhood Markets doesn't provide an income stream by paying out dividends.
HOOD Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your HOOD trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you need additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your HOOD investment
Now that you own some HOOD stock, you'll want to keep up with your investment.
Start a watchlist to get alerted to the latest events about your HOOD stock.
HOOD Feed
How to Buy Stock in Robinhood Markets
To summarize, here are the 6 steps for buying Robinhood Markets stock:
- Choose where to buy Robinhood Markets stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Analyze Robinhood Markets stock
- Make your HOOD trade
- Get the latest news on your HOOD investment
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Robinhood Markets, create your watchlist below.
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