Q: What is Robinhood 2023/Q4 Earnings Preview?
TigerGPT Answer: 【Forecast Data】
The financial forecast data for Robinhood Markets Inc (HOOD) for Q4 2023 is as follows:
- Earnings Per Share (EPS): -$0.01
- Total Revenue: $456,813,700
- EBIT: -$9,693,670
Compared to the same period last year:
- EPS has improved by 90.91% (from -$0.11 to -$0.01)
- Total Revenue has increased by 20.21% (from $380,000,000 to $456,813,700)
- EBIT has improved by 90.01% (from -$97,000,000 to -$9,693,670)
The significant improvement in EPS and EBIT suggests that the company has managed to substantially reduce its losses, while the increase in revenue indicates growth in the company's business operations.
【Quarterly Important News】
There were no specific positive or negative news items provided for the past quarter related to Robinhood's development or operations.
【Forecast Viewpoints】
An article suggests that Robinhood is expected to post a loss of 1 cent a share. This aligns with the provided financial forecast data. You can read more about this viewpoint here: Robinhood Markets Inc expected to post a loss of 1 cent a share - Earnings Preview.
【Stock Trend Analysis】
Over the past quarter, Robinhood's stock price has fluctuated with a 29.87% increase from the last financial report release date to the current date. The latest stock price is $11.55 (USD), with a support level at $11.57 (USD) and a resistance level at $11.55 (USD). This indicates a consolidation pattern, and the stock is currently trading near its support level, which could be a critical point for determining the future trend.
【Options Large Order Analysis】
The options large orders show a mix of buy and sell orders for calls and puts. However, there is a notable volume for the "HOOD 20250117 12.0 call" and "HOOD 20240216 12.0 call," suggesting some bullish sentiment. This could indicate a probability that the financial report may exceed expectations.
【Analyst Ratings and Target Price Forecast】
Analyst ratings for Robinhood are mixed with 3 buys, 9 holds, and 3 underperforms. The mean target price is $12.41615, with a low estimate of $9.5 and a high estimate of $23.0. Based on the latest price of $11.55, Robinhood appears to be trading close to the mean target price, suggesting a standard valuation. The financial report could potentially align with analysts' expectations.
【Comprehensive Conclusion】
Robinhood's financial forecast shows significant improvements in EPS and EBIT, along with revenue growth. The stock price has seen a notable increase over the past quarter, and options trading indicates some bullish sentiment. Analyst ratings are mixed, but the target price suggests the stock is currently fairly valued. The upcoming financial report is likely to be in line with expectations, considering the forecasted improvements and current analyst sentiment.
Disclaimer: The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.
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