Robinhood Markets, Inc. Stock Research

Market Summary

USD8.81-0.12

Market Closed

-1.34%

HOOD Alerts

3 major insider sales recently.
Big jump in Earnings (Y/Y)
Losses in recent quarter

HOOD Stock Price

HOOD RSI Chart

HOOD Valuation

Market Cap

7.8B

Price/Earnings (Trailing)

-7.56

Price/Sales (Trailing)

5.72

EV/EBITDA

-2.65

Price/Free Cashflow

-9.12

HOOD Price/Sales (Trailing)

HOOD Profitability

EBT Margin

-75.63%

Return on Equity

-14.78%

Return on Assets

-4.41%

Free Cashflow Yield

-10.96%

HOOD Fundamentals

HOOD Revenue

Revenue (TTM)

1.4B

Revenue Y/Y

4.68%

Revenue Q/Q

5.26%

HOOD Earnings

Earnings (TTM)

-1.0B

Earnings Y/Y

60.76%

Earnings Q/Q

5.14%

Price Action

52 Week Range

6.8116.49

(Low)(High)

Last 7 days

-5.4%

Last 30 days

-11.0%

Last 90 days

10.8%

Trailing 12 Months

-32.6%

HOOD Financial Health

Current Ratio

1.41

HOOD Investor Care

Shares Dilution (1Y)

38.26%

Diluted EPS (TTM)

-1.17

Financials for Robinhood Markets

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	1.3%	1,358,000,000	1,341,000,000	1,345,000,000	1,592,000,000	1,815,000,000
Operating Expenses	-9.5%	2,369,000,000	2,618,000,000	3,791,000,000	3,682,000,000	3,456,000,000
S&GA Expenses	-12.8%	924,000,000	1,060,000,000	1,616,000,000	1,502,000,000	1,371,000,000
EBITDA	40.2%	-542,000,000	-906,000,000	-2,170,752,000	-2,363,524,000	-3,401,975,000
EBITDA Margin	40.9%	-0.40	-0.68	-1.61	-1.48	-1.87
Earnings Before Taxes	19.7%	-1,027,000,000	-1,279,000,000	-2,472,000,000	-2,642,000,000	-3,685,000,000
EBT Margin	20.7%	-0.76	-0.95	-1.84	-1.66	-2.03
Interest Expenses	32.5%	424,000,000	320,000,000	255,000,000	249,000,000	256,000,000
Net Income	20.0%	-1,028,000,000	-1,285,000,000	-2,427,000,000	-2,634,000,000	-3,687,000,000
Net Income Margin	21.0%	-0.76	-0.96	-1.81	-1.65	-2.03
Free Cahsflow	34.9%	-852,000,000	-1,308,000,000	-2,109,894,000	1,434,227,000	-884,773,000

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-5.1%	23,337	24,601	24,548	18,872	19,769
Current Assets	-5.1%	22,917	24,145	24,045	18,355	19,283
Cash Equivalents	2.5%	6,339	6,187	5,962	6,191	6,253
Net PPE	-3.3%	146	151	170	166	146
Goodwill	0%	100	100	100	100	101
Liabilities	-7.2%	16,381	17,647	17,531	11,741	12,476
Current Liabilities	-7.2%	16,253	17,509	17,399	11,581	12,347
Shareholder's Equity	0.0%	6,956	6,954	7,017	7,131	7,293
Retained Earnings	-3.5%	-4,905	-4,739	-4,564	-4,269	-3,877
Additional Paid-In Capital	1.4%	11,861	11,694	11,581	11,400	11,169
Accumulated Depreciation	-	39.00	-	-	-	-
Shares Outstanding	0.9%	882	875	868	-	-
Float	-	-	-	-	-	-

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	34.9%	-852	-1,308	-2,110	1,434	-885
Share Based Compensation	-19.6%	654	813	1,946	1,783	1,572
Cashflow From Investing	53.5%	-60.00	-129	-270	-261	-238
Cashflow From Financing	100.0%	0.00	-7.00	1,645	1,645	5,203

Risks for HOOD

What is the probability of a big loss on HOOD?

96.5%

Probability that Robinhood Markets stock will be more than 20% underwater in next one year

85.1%

Probability that Robinhood Markets stock will be more than 30% underwater in next one year.

81.6%

Probability that Robinhood Markets stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HOOD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Robinhood Markets was unfortunately bought at previous high price.

Drawdowns

Returns for HOOD

Cumulative Returns on HOOD

Which funds bought or sold HOOD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-0.05	-93,761	389,239	-%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-16.46	-392,000	809,000	-%
2023-02-28	Voya Investment Management LLC	added	0.4	-139,653	591,347	-%
2023-02-27	Parallax Volatility Advisers, L.P.	new	-	6,634,820	6,634,820	0.01%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	reduced	-73.31	-26,804	7,196	-%
2023-02-17	BANK PICTET & CIE (ASIA) LTD	unchanged	-	-35,733	148,400	0.05%
2023-02-16	HARBOUR INVESTMENTS, INC.	reduced	-25.91	-4,846	13,154	-%
2023-02-16	AXXCESS WEALTH MANAGEMENT, LLC	reduced	-49.29	-214,722	148,278	0.01%
2023-02-15	Toroso Investments, LLC	reduced	-17.21	-1,732,000	3,473,000	0.13%
2023-02-15	Utah Retirement Systems	unchanged	-	-196,000	814,000	0.01%

Latest Funds Activity

Are funds buying HOOD calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own HOOD

No. of Funds

Robinhood Markets News

Schedule 13G FIlings of Robinhood Markets

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	bullfrog capital, l.p.	1.9%	14,268,575	SC 13G/A
Feb 14, 2023	tenev vladimir	6.6%	53,537,941	SC 13G/A
Feb 14, 2023	bhatt baiju	9.3%	77,654,705	SC 13G/A
Feb 13, 2023	index ventures vi (jersey) lp	8.3%	63,019,872	SC 13G/A
Feb 09, 2023	vanguard group inc	7.05%	53,483,964	SC 13G
May 12, 2022	emergent fidelity technologies ltd.	7.6%	56,273,469	SC 13D
May 05, 2022	new enterprise associates 15, l.p.	-	0	SC 13D/A
Feb 14, 2022	tenev vladimir	6.8%	53,403,761	SC 13G
Feb 14, 2022	bhatt baiju	9.6%	77,621,678	SC 13G
Feb 14, 2022	bullfrog capital, l.p.	0.0%	12,680,226	SC 13G

HOOD Fair Value

Recent SEC filings of Robinhood Markets

View All Filings

Date Filed	Form Type	Document
Mar 15, 2023	8-K	Current Report
Mar 14, 2023	4	Insider Trading
Mar 08, 2023	4	Insider Trading
Mar 07, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading

Latest Insider Trading transactions for HOOD

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-10	Bhatt Baiju	sold	-836,434	9.0239	-92,691	chief creative officer
2023-03-06	Tenev Vladimir	sold	-819,748	9.8369	-83,334	chief executive officer
2023-03-03	Gallagher Daniel Martin Jr	sold	-122,701	9.8161	-12,500	chief legal officer
2023-03-01	Howard Gretchen	sold (taxes)	-192,693	9.73	-19,804	chief operating officer
2023-03-01	Warnick Jason	acquired	-	-	67,827	chief financial officer
2023-03-01	Zoellick Robert B.	acquired	-	-	2,264	-
2023-03-01	Warnick Jason	sold (taxes)	-272,605	9.73	-28,017	chief financial officer
2023-03-01	Frei Frances X	acquired	-	-	536	-
2023-03-01	RUBINSTEIN JONATHAN	acquired	-	-	4,528	-
2023-03-01	Quirk Steven M.	acquired	-	-	50,761	chief brokerage officer

About Robinhood Markets

Vladimir Tenev

www.robinhood.com

3800

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. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street Journal; lists and alerts, which allow users to create custom watchlists and alerts to monitor securities, ETFs, and cryptocurrencies, as well as cash management services; and offers First trade recommendations to all new customers who have yet to place a trade. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.

HOOD Income Statement

2022-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues:
Net interest revenues	$ 424	$ 256	$ 177
Total net revenues	1,358	1,815	958
Operating expenses:
Brokerage and transaction	179	158	114
Technology and development	878	1,234	215
Operations	285	368	135
Marketing	103	325	186
General and administrative	924	1,371	295
Total operating expenses	2,369	3,456	945
Change in fair value of convertible notes and warrant liability	0	2,045	0
Other expense (income), net	16	(1)	0
Income (loss) before income taxes	(1,027)	(3,685)	13
Provision for income taxes	1	2	6
Net income (loss)	(1,028)	(3,687)	7
Net income (loss) attributable to common stockholders:
Basic	(1,028)	(3,687)	3
Diluted	$ (1,028)	$ (3,687)	$ 3
Net income (loss) per share attributable to common stockholders:
Basic (in dollars per share)	$ (1.17)	$ (7.49)	$ 0.01
Diluted (in dollars per share)	$ (1.17)	$ (7.49)	$ 0.01
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders:
Basic (in shares)	878,630,024	492,381,190	225,748,355
Diluted (in shares)	878,630,024	492,381,190	244,997,388
Transaction-based revenues
Revenues:
Revenues	$ 814	$ 1,402	$ 720
Other revenues
Revenues:
Revenues	$ 120	$ 157	$ 61

HOOD Balance Sheet

2022-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 6,339	$ 6,253
Cash segregated under federal and other regulations	2,995	3,992
Receivables from brokers, dealers, and clearing organizations	76	88
Receivables from users, net	3,218	6,639
Securities borrowed	517	0
Deposits with clearing organizations	186	328
Asset related to user cryptocurrencies safeguarding obligation	8,431	0
User-held fractional shares	997	1,834
Prepaid expenses	86	92
Other current assets	72	57
Total current assets	22,917	19,283
Property, software, and equipment, net	146	146
Goodwill	100	101
Intangible assets, net	25	34
Non-current prepaid expenses	17	44
Other non-current assets	132	161
Total assets	23,337	19,769
Current liabilities:
Accounts payable and accrued expenses	185	252
Payables to users	4,701	6,476
Securities loaned	1,834	3,651
User cryptocurrencies safeguarding obligation	8,431	0
Fractional shares repurchase obligation	997	1,834
Other current liabilities	105	134
Total current liabilities	16,253	12,347
Other non-current liabilities	128	129
Total liabilities	16,381	12,476
Commitments and contingencies (Note 17)
Stockholders’ equity:
Additional paid-in capital	11,861	11,169
Accumulated other comprehensive income (loss)	0	1
Accumulated deficit	(4,905)	(3,877)
Total stockholders’ equity	6,956	7,293
Total liabilities and stockholders’ equity	23,337	19,769
Common Class A
Stockholders’ equity:
Common stock, value	$ 0	$ 0
Common Stock, Shares Authorized	21,000,000,000	21,000,000,000
Common Class B
Stockholders’ equity:
Common stock, value	$ 0	$ 0
Common Stock, Shares Authorized	700,000,000	700,000,000
Common Class C
Stockholders’ equity:
Common stock, value	$ 0	$ 0
Common Stock, Shares Authorized	7,000,000,000	7,000,000,000