Robinhood’s 17th U.S. Trading Volume Plummets 40% as Analysts Maintain Strong Buy Ratings

Robinhood Markets (HOOD) closed at $100.71 on Sept. 3, down 0.02% with a trading volume of $2.44 billion, ranking 17th in the U.S. stock market. The decline in volume marked a 40.41% drop from the previous day’s activity.

Analyst sentiment remains cautiously optimistic, with 13 out of 22 brokerage firms assigning a “Strong Buy” rating to HOOD, contributing to an average recommendation score of 1.82. This aligns with broader institutional confidence in the firm’s growth trajectory, despite warnings about potential biases in analyst ratings. The Zacks Consensus Estimate for HOOD’s current-year earnings has increased 1.9% over the past month to $1.55, reflecting improved expectations for the firm’s financial performance.

Robinhood’s recent expansion into tokenized stocks and event contracts has drawn regulatory scrutiny, particularly in the EU, where officials have raised concerns about investor misunderstandings. The firm’s push into crypto-linked products, including tokenized shares and prediction markets, aims to bridge traditional finance with emerging asset classes, though risks remain tied to regulatory uncertainty.

Backtesting data indicates that HOOD’s Zacks Rank #1 (Strong Buy) status is supported by a 1.9% upward revision in earnings estimates over the past month. The stock’s performance aligns with the Zacks model’s emphasis on earnings revisions as a predictor of near-term price movement. Analysts note that while institutional ratings often reflect vested interests, HOOD’s current metrics suggest a favorable risk-reward profile for investors.