HOOD
Robinhood Markets Inc
NASDAQ: HOOD · FINANCIAL SERVICES · CAPITAL MARKETS
$93.19
+1.04% today
Updated 2026-06-12
Market cap
$79.39B
P/E ratio
42.80
P/S ratio
17.21x
EPS (TTM)
$2.06
Dividend yield
—
52W range
$64 – $154
Volume
30.0M
Robinhood Markets Inc (HOOD) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed HOOD price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$93.19
Today
Analyst consensus
$107.88
+15.76% · 12M
2030 Base
$224.86
+141.29% future
NPV today
$110.77
@ 17% WACC
25 analysts:
18 Buy5 Hold2 Sell
Management guidance
Robinhood management has not issued explicit multi-year revenue targets through 2030. However, CEO Vlad Tenev has emphasized aggressive diversification beyond payment-for-order-flow (PFOF) into subscription services (Gold), international expansion, prediction markets, and tokenized assets. The company is targeting becoming the leading fintech platform for active traders and next-generation investors with focus on achieving sustainable, diversified revenue streams. Specific 2026-2030 revenue guidance has not been publicly disclosed.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
HOOD · Robinhood Markets Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$96.43
NPV today: $47.50
Base case (2030)
$224.86
NPV today: $110.77
Bull case (2030)
$289.07
NPV today: $142.41
WallStSmart.com
HOOD financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $4.5B | $5.4B | $7.2B | $9.2B | $11.3B | $13.1B |
| Revenue growth | 51.6% | 20.8% | 32.4% | 28.6% | 22.3% | 16.4% |
| Net margin | — | 31.7% | 36.5% | 39.5% | 41.9% | 43.9% |
| EPS | $2.13 | $2.15 | $3.25 | $4.50 | $5.80 | $7.05 |
| Diluted shares | — | 797M | 802M | 807M | 812M | 816M |
| Net debt | — | $8.03B | $8.90B | $10.03B | $11.41B | $13.01B |
| P/S multiple | — | 17.0x | 17.0x | 16.0x | 15.0x | 15.0x |
| Implied price (base) | — | $105.15 | $140.41 | $169.95 | $193.78 | $224.86 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $13.1B | $13.1B | $13.1B |
| P/S multiple | 7.0x | 15.0x | 19.0x |
| Diluted shares | 816M | 816M | 816M |
| Net debt | $13.01B | $13.01B | $13.01B |
| Implied P/E † | 14x | 32x | 41x |
| 2030 Price | $96.43 | $224.86 | $289.07 |
| NPV @ 17% | $47.50 | $110.77 | $142.41 |
† Implied P/E: Multiples remain elevated across all three scenarios because HOOD is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $224.86 base case
HOOD catalysts and risks
Growth catalysts
+ Regulatory approval of prediction markets and event contracts (high-margin revenue stream)
+ Successful international expansion (UK, EU, APAC) adding new customer cohorts
+ Crypto trading volatility and market cycle upswing (2026-2027 potential bull market)
+ Tokenized assets and blockchain settlement adoption by institutional clients
+ SpaceX IPO involvement and institutional brokerage expansion
+ Gold subscription and wealth management product adoption acceleration
+ M&A of adjacent fintech platforms or institutional clearing/settlement services
Key risks
- Regulatory crackdown on prediction markets and event contracts (major revenue headwind)
- Crypto market downturn reducing trading activity and volatility (35-50% of recent revenue)
- Competition from Schwab, Interactive Brokers, and E*Trade crypto offerings intensifying
- PFOF regulatory restrictions or elimination (still ~40-50% of revenue)
- Sustained market volatility decline reducing retail trading engagement
- Customer acquisition cost inflation as market matures
- Insider selling signal (CFO, CTO, director Baiju Bhatt all sold in April-May 2026)
Methodology · Robinhood Markets Inc 2030 stock forecast model
Robinhood Markets Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 25 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (3% cumulative for HOOD by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($13.01B by 2030) |
| 3. Time value | NPV calculated using 17% WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 7.0x / base 15.0x / bull 19.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
HOOD price target FAQ
What is the HOOD price target for 2030?
WallStSmart's Robinhood Markets Inc 2030 base case is $224.86 per share, with a bull case of $289.07 and bear case of $96.43. The NPV of the base case discounted to today at 17% WACC is $110.77.
How is the Robinhood Markets Inc 2030 stock forecast calculated?
The HOOD 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the HOOD price target account for dilution?
Robinhood Markets Inc is projected to grow diluted share count from 791M to 816M by 2030 (a 3% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 3%.
What is the analyst consensus on HOOD stock?
25 analysts cover HOOD with an average 12-month price target of $107.88. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.