Analysts Offer Insights on Technology Companies: Robinhood Markets (HOOD), Microsoft (MSFT) and Western Digital (WDC)
Analysts have been eager to weigh in on the Technology sector with new ratings on Robinhood Markets (HOOD – Research Report), Microsoft (MSFT – Research Report) and Western Digital (WDC – Research Report).
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Western Digital (WDC)
Benchmark Co. analyst Mark Miller maintained a Buy rating on Western Digital today and set a price target of $58.00. The company's shares closed last Wednesday at $43.86.
According to TipRanks.com, Miller is a 5-star analyst with an average return of 12.1% and a 47.9% success rate. Miller covers the Technology sector, focusing on stocks such as Axcelis Technologies, Onto Innovation, and MKS Instruments. ;'>
Currently, the analyst consensus on Western Digital is a Strong Buy with an average price target of $58.50, implying a 36.1% upside from current levels. In a report issued on April 16, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $46.00 price target.
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Globe and Mail
2 days ago
- Globe and Mail
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Robinhood Markets, Inc. HOOD has released the monthly operating data for May 2025. It reported a rise in equity, options, and crypto Daily Average Revenue Trades (DARTs) from the year-ago period. The data excludes Bitstamp, which was acquired on June 2, 2025. Equity DARTs in May were 2.3 million, which increased 15% from the prior year quarter. Options DARTs rose 50% year over year to 1.2 million. Crypto DARTs increased 66.7% from the prior year quarter to 0.5 million. This reflects Robinhood's efforts to become a leader in the active trader market through strengthening its market share. The company has been diversifying its offerings to capitalize on investor demands. HOOD has launched several initiatives to attract more clients and strengthen its market share. Last month, it launched Robinhood Legend in the U.K. In March 2025, the company introduced Robinhood Strategies, Robinhood Banking, and Robinhood Cortex to boost wealth management offerings and the prediction markets hub. Also, in February 2025, it launched options trading in the U.K, while in January, the company launched Futures. In October 2024, the company launched Index Options and Robinhood Legend to focus on web traders. In March 2024, it launched the Robinhood Gold Card for its Robinhood Gold customers, venturing into the credit card space. Thus, rapid product innovation through vertical integration will likely continue to expand the company's client base, enabling an improvement in transaction-based revenues. The metric witnessed a compound annual growth rate (CAGR) of 36.7% over the last five years ended 2024, primarily driven by options and equities trading. The uptrend continued in the first quarter of 2025. Competitors Scaling Up to Challenge Robinhood HOOD's key competitors, Interactive Brokers IBKR and TradeWeb Markets Inc. TW, have been rolling out products to bolster their market share. Interactive Brokers also witnessed a rise in May 2025 DARTs on a year-over-year basis, attributed to its evolving product suite. Last month, Interactive Brokers extended the trading hours for Forecast Contracts to about 24 hours a day. Further, in April, it added two new cryptocurrency tokens to its trading platform. TradeWeb launched electronic portfolio trading for European government bonds, spanning UK Gilts, EUR, and single currency notes. Tradeweb was also the first platform to launch portfolio trading for corporate bonds in 2019. Robinhood's Price Performance, Valuation and Estimate Analysis Shares of Robinhood have jumped 101% so far this year compared with the industry 's growth of 9.4%. Image Source: Zacks Investment Research From a valuation standpoint, HOOD trades at a forward price-to-earnings ratio of 56.09, well above the industry. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Robinhood's 2025 and 2026 earnings indicates year-over-year growth of 12.8% and 21.3%, respectively. Over the past week, earnings estimates for both years have been revised upward. Robinhood currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interactive Brokers Group, Inc. (IBKR): Free Stock Analysis Report Tradeweb Markets Inc. (TW): Free Stock Analysis Report Robinhood Markets, Inc. (HOOD): Free Stock Analysis Report
Globe and Mail
3 days ago
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