Is Robinhood (HOOD) Stock a Buy Ahead of Earnings Tuesday?
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TLDR Robinhood (HOOD) reports Q3 results Tuesday, October 27, with analysts expecting $0.56 EPS on $1.44 billion in revenue. Options traders expect a 10.2% move either way, or about $9.70 per share, from the $95.07 October 23 close. The stock has fallen after each of its last four earnings reports, with drops of 3.61% to 13.24%. HOOD is down 18.4% over the past month and 16% this year as brokerage stocks struggle in a broader sell-off. TipRanks shows a Strong Buy consensus with a $139 average target, implying 46% upside. Robinhood (HOOD) reports third-quarter results Tuesday, October 27. The stock closed at $95.07 on October 23 and was down about 1% in the latest session.
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