HOOD
Robinhood Markets, Inc.
HOOD's outlook is improving, though it still trails on the overall score.
LPLA
LPL Financial Holdings Inc.
LPLA has the edge over HOOD overall, supported by stronger fundamentals and lower modeled downside.
HOOD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
HOOD's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HOOD.
LPLA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
LPLA's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like LPLA.
HOOD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 30x | $81.35 | — |
| Cheap | 37x | $78.84 | -3.1% |
| Current | 38x | $81.35 | — |
| Fair | 51x | $110 | +35% |
| Expensive | 74x | $160 | +96% |
Historical ranges are pointers, not guarantees.
HOOD has the edge over LPLA in the historical PE scenario, which offers more potential upside but is not a forecast.
LPLA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 10x | $292 | — |
| Cheap | 15x | $264 | -9.6% |
| Current | 17x | $292 | — |
| Fair | 24x | $417 | +43% |
| Expensive | 30x | $516 | +77% |
Historical ranges are pointers, not guarantees.
LPLA's PE is in its cheap range at 17x. If earnings grow as analysts expect, today's price would be 10x next year's earnings.
HOOD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect strong earnings and revenue growth for HOOD, with profitability improving. However, they disagree widely on these estimates.
LPLA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for LPLA, with profitability improving.
HOOD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.72 | +26% |
| Q3 2026 | $2.16 | -10% |
| Q2 2026 | $2.26 | +15% |
| Q1 2026 | $2.06 | +18% |
| Q4 2025 | $2.05 | +31% |
| Q3 2025 | $2.40 | +314% |
| Q2 2025 | $1.96 | +513% |
| Q1 2025 | $1.75 | +1150% |
| Q4 2024 | $1.56 | +$2.17 |
HOOD has the edge over LPLA on earnings, with more consistent year-over-year improvement.
LPLA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $27.87 | +61% |
| Q3 2026 | $17.34 | +60% |
| Q2 2026 | $12.45 | -15% |
| Q1 2026 | $11.11 | -23% |
| Q4 2025 | $10.92 | -22% |
| Q3 2025 | $10.85 | -19% |
| Q2 2025 | $14.61 | +14% |
| Q1 2025 | $14.44 | +8.7% |
| Q4 2024 | $14.03 | +2.5% |
LPLA earned $17.34 per share over the past year, up 60% from the year before.
HOOD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +12% |
| Q2 2026 | $1.3B | +32% |
| Q1 2026 | $1.1B | +15% |
| Q4 2025 | $1.3B | +27% |
| Q3 2025 | $1.3B | +100% |
| Q2 2025 | $989M | +45% |
| Q1 2025 | $927M | +50% |
| Q4 2024 | $1B | +115% |
HOOD has the edge over LPLA on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 44% | -5.9 points |
| Q2 2026 | 54% | +9.5 points |
| Q1 2026 | 39% | -1.5 points |
| Q4 2025 | 52% | -3.5 points |
| Q3 2025 | 50% | +26 points |
| Q2 2025 | 45% | +17 points |
| Q1 2025 | 40% | +14 points |
| Q4 2024 | 55% | +49 points |
HOOD has the edge over LPLA on profitability, with a higher operating margin.
LPLA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $5.3B | +17% |
| Q2 2026 | $5.2B | +35% |
| Q1 2026 | $4.9B | +35% |
| Q4 2025 | $4.9B | +40% |
| Q3 2025 | $4.6B | +46% |
| Q2 2025 | $3.8B | +31% |
| Q1 2025 | $3.7B | +30% |
| Q4 2024 | $3.5B | +33% |
LPLA's revenue has grown year over year every quarter since late 2020: $5.3B last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.1% | +9.8 points |
| Q2 2026 | 9.9% | +0.3 points |
| Q1 2026 | 9.8% | -1.6 points |
| Q4 2025 | 8.1% | -1.7 points |
| Q3 2025 | -0.8% | -12 points |
| Q2 2025 | 9.6% | -1.6 points |
| Q1 2025 | 11% | -1.8 points |
| Q4 2024 | 9.7% | -1.4 points |
LPLA's operating margin was 9.1% last quarter, up 9.8 points from the same quarter a year ago.
HOOD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +$2.8B |
| Q2 2026 | $720M | -79% |
| Q1 2026 | $2B | +217% |
| Q4 2025 | -$937M | +$463M |
| Q3 2025 | -$1.6B | -187% |
| Q2 2025 | $3.5B | +6398% |
| Q1 2025 | $642M | +$1.3B |
| Q4 2024 | -$1.4B | -246% |
HOOD has the edge over LPLA on cash flow, with more consistent year-over-year improvement.
LPLA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $67.5M | +$1.9B |
| Q2 2026 | $202.5M | +260% |
| Q1 2026 | $124.6M | -43% |
| Q4 2025 | $613.3M | +$957.6M |
| Q3 2025 | -$1.9B | -3106% |
| Q2 2025 | $56.3M | +$364.1M |
| Q1 2025 | $220.3M | -28% |
| Q4 2024 | -$344.3M | -1038% |
LPLA's free cash flow was $1B over the past year, against −$1.9B the year before. Free cash flow isn't a meaningful measure for financial services companies like LPLA.
HOOD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -1M shares |
| 1 year | -0.8% | -6.9M shares |
| 3 years | +1.8% | +15.9M shares |
| 5 years | +292% | +679M shares |
| Available history | +7.2% | +60.8M shares |
HOOD has 911M diluted shares, down 0.8% from a year ago, with $789M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $25M |
| Q2 2026 | $414M |
| Q1 2026 | $250M |
| Q4 2025 | $100M |
| Q3 2025 | $107M |
| Q2 2025 | $124M |
| Q1 2025 | $322M |
| Q4 2024 | $160M |
HOOD spent $789M buying back its own shares over the past year, up 11% from the year before.
LPLA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.3% | -1.1M shares |
| 1 year | -1.7% | -1.4M shares |
| 3 years | +2.4% | +1.8M shares |
| 5 years | -3.5% | -2.9M shares |
| Available history | -6.7% | -5.7M shares |
LPLA has the edge over HOOD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300.6M |
| Q2 2026 | $309.5M |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $240,000 |
| Q1 2025 | $100.2M |
| Q4 2024 | $100.1M |
LPLA spent $610M buying back its own shares over the past year, about three times what it spent the year before.
HOOD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.3x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -1.9x | Net Cash |
| Q3 2025 | -2.1x | Net Cash |
| Q2 2025 | -2.6x | Net Cash |
| Q1 2025 | -3.3x | Net Cash |
| Q4 2024 | -3.8x | Net Cash |
HOOD has the edge over LPLA on leverage, with a lower net debt burden relative to earnings.
LPLA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.9x | Moderate |
| Q2 2026 | 3.5x | Elevated |
| Q1 2026 | 3.8x | Elevated |
| Q4 2025 | 4.0x | High |
| Q3 2025 | 4.2x | High |
| Q2 2025 | 1.6x | Healthy |
| Q1 2025 | 2.5x | Moderate |
| Q4 2024 | 2.7x | Moderate |
LPLA's net debt is about 2.9 years of its operating earnings (EBITDA), down from 4.2 years a year ago. Net leverage isn't a meaningful measure for financial services companies like LPLA.
HOOD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.8 | Neutral |
| Stochastic | 9.5 | Oversold |
HOOD's weekly RSI is 41 (neutral) and its Stochastic is 10 (oversold).
LPLA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.0 | Neutral |
| Stochastic | 20.0 | Neutral |
LPLA's weekly RSI is 41 (neutral) and its Stochastic is 20 (neutral).
HOOD PE vs Financial Services Sector
| Metric | HOOD | Sector median | Relative |
|---|---|---|---|
| PE | 38x | 13x | 189% above |
| PE % | 22 | 66 | 44 pts below |
HOOD is trading at 38x earnings, a 189% premium to the Financial Services sector's median of 13x.
LPLA PE vs Financial Services Sector
| Metric | LPLA | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 13x | 29% above |
| PE % | 27 | 63 | 36 pts below |
LPLA has the edge over HOOD on valuation relative to its sector.
HOOD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.8 | 17% below |
| 20 week MA | $102.2 | 20% below |
| 50 week MA | $95.4 | 15% below |
| 100 week MA | $88.5 | 8.1% below |
| 200 week MA | $52.1 | 56% above |
HOOD has fallen below most of its moving averages, though it's still 56% above its 200-week average.
LPLA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $308.7 | 5.3% below |
| 20 week MA | $329.8 | 11% below |
| 50 week MA | $326.3 | 10% below |
| 100 week MA | $339.2 | 14% below |
| 200 week MA | $289.8 | 0.9% above |
LPLA has fallen below most of its moving averages, though it's still 0.9% above its 200-week average.
HOOD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $35.2 | $18.9 | -46% |
| 2022 | $18.9 | $7.95 | -58% |
| 2023 | $7.95 | $12.7 | +60% |
| 2024 | $12.7 | $39.0 | +206% |
| 2025 | $39.0 | $118.1 | +203% |
| 2026 YTD | $118.1 | $81.4 | -31% |
HOOD's yearly returns have swung widely, from +206% in 2024 to −58% in 2022. It's down 31% so far in 2026.
LPLA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $92.6 | $103.8 | +12% |
| 2021 | $103.8 | $162.6 | +57% |
| 2022 | $162.6 | $215.8 | +33% |
| 2023 | $215.8 | $227.6 | +5.5% |
| 2024 | $227.6 | $331.9 | +46% |
| 2025 | $331.9 | $372.2 | +12% |
| 2026 YTD | $372.2 | $292.3 | -21% |
LPLA has the edge over HOOD on returns for 2026, with the stronger performance.