How Much Upside is Left in Robinhood Markets (HOOD)? Wall Street Analysts Think 30.14%

Core Viewpoint - Robinhood Markets, Inc. (HOOD) shows potential for significant upside, with a mean price target of $155.39 indicating a 30.1% increase from the current price of $119.4 [1] Price Targets and Analyst Consensus - The average price target consists of 18 estimates ranging from a low of $92.00 to a high of $180.00, with a standard deviation of $20.03, indicating variability in analyst predictions [2] - The lowest estimate suggests a 23% decline, while the highest indicates a 50.8% upside, highlighting the range of opinions among analysts [2] - A low standard deviation signifies strong agreement among analysts regarding the stock's price movement direction, which can be a useful starting point for further research [9] Earnings Estimates and Analyst Optimism - Analysts exhibit growing optimism about HOOD's earnings prospects, as indicated by a consensus of higher EPS estimates, which correlates with potential stock price increases [11] - Over the past 30 days, two earnings estimates have been revised upward, leading to a 0.9% increase in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - HOOD holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, suggesting strong potential for near-term upside [13] - While consensus price targets may not be entirely reliable, the implied direction of price movement appears to be a valid guide for investors [14]