Robinhood Markets, Inc.

Robinhood Markets, Inc. (NASDAQ: HOOD) is developing an inclusive financial services platform designed to provide broad access to investing and financial tools, irrespective of users’ income levels, financial standing, or backgrounds.

As per US Dailies Report published on ‘HOOD’ on Mar 17, 2026, Kalkine provided an ‘Buy’ stance on the stock at USD 76.33 based on technical analysis and the stock price has now moved up by ~ 18.89% since then.

Noted below are the details of support and resistance levels provided in our previous report:

Rationale:

Robinhood is entering a more challenging phase marked by rising competitive intensity, regulatory uncertainty, and evolving market structure. Charles Schwab’s entry into spot crypto trading threatens Robinhood’s core monetization drivers by compressing fees and leveraging a significantly larger asset base, while broader participation gains from regulatory changes like the removal of the pattern day trader rule may not fully offset margin pressure over time. At the same time, cautious positioning in prediction markets and selective product exposure suggest a more defensive stance amid increasing scrutiny. Despite diversification efforts, the shift from rapid expansion to retention-focused competition, coupled with heightened volatility and a still-depressed share price relative to prior peaks, points to a less favorable risk-reward balance in the near term.

Share Price Chart  

Conclusion

Given intensifying competition from incumbents, a shift toward a more margin-sensitive operating environment, increasing regulatory caution, and persistent share price volatility, a "Sell" is recommendation on Robinhood Markets, Inc. (NASDAQ: HOOD) has been given at the closing market price of USD 90.75 as on 17 April 2026.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is 17 April 2026. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Target Price refers to a price level which the stock is expected to reach as per the relative valuation method and/or technical analysis taking into consideration both short-term and long-term scenario.

Note 5: ‘Kalkine reports are prepared based on the stock prices captured either from the London Stock Exchange (LSE) and or REFINITIV. Typically, both sources (LSE and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’

Note 6: Dividend Yield may vary as per the stock price movement.