HOOD
Robinhood Markets, Inc.
HOOD offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
SII
Sprott Inc.
SII 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.
SII Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
SII's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like SII.
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's PE is in its cheap range at 38x. If earnings grow as analysts expect, today's price would be 30x next year's earnings.
SII PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 24x | $108 | — |
| Cheap | 25x | $100 | -6.6% |
| Current | 26x | $108 | — |
| Fair | 37x | $150 | +40% |
| Expensive | 62x | $252 | +134% |
Historical ranges are pointers, not guarantees.
SII has the edge over HOOD in the historical PE scenario, which offers more potential upside but is not a forecast.
HOOD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
HOOD has the edge over SII on the outlook, with more favorable revenue expectations.
SII Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect SII's earnings to grow and its profitability to improve, with its revenue holding steady.
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 earned $2.16 per share over the past year, down 10% from the year before.
SII Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.51 | +10% |
| Q2 2026 | $4.09 | +112% |
| Q1 2026 | $3.29 | +72% |
| Q4 2025 | $2.63 | +39% |
| Q3 2025 | $1.95 | +7.1% |
| Q2 2025 | $1.93 | +21% |
| Q1 2025 | $1.91 | +8.5% |
| Q4 2024 | $1.89 | +17% |
| Q3 2024 | $1.82 | +21% |
SII has the edge over HOOD on earnings, with more consistent year-over-year improvement.
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 SII on sales, with more consistent year-over-year improvement.
| 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's operating margin was 44% last quarter, down 5.9 points from the same quarter a year ago.
SII Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $79.5M | +28% |
| Q1 2026 | $141.9M | +240% |
| Q4 2025 | $107M | +187% |
| Q3 2025 | $57.9M | +28% |
| Q2 2025 | $62.2M | +34% |
| Q1 2025 | $41.7M | +5.6% |
| Q4 2024 | $37.3M | -0.6% |
| Q3 2024 | $45.2M | +27% |
SII's revenue has grown year over year for six quarters in a row: $79M last quarter, up 28% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 56% | +25 points |
| Q1 2026 | 29% | -7 points |
| Q4 2025 | 33% | +8.9 points |
| Q3 2025 | 17% | -26 points |
| Q2 2025 | 31% | -6.5 points |
| Q1 2025 | 36% | -0.3 points |
| Q4 2024 | 24% | -12 points |
| Q3 2024 | 42% | +11 points |
SII has the edge over HOOD on profitability, with a higher operating margin.
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's free cash flow was $3B over the past year, up 159% from the year before. Free cash flow isn't a meaningful measure for financial services companies like HOOD.
SII Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $34.7M | +64% |
| Q1 2026 | $43.2M | +219% |
| Q4 2025 | $51.6M | +95% |
| Q3 2025 | $9.6M | -54% |
| Q2 2025 | $21.1M | +135% |
| Q1 2025 | $13.5M | +24% |
| Q4 2024 | $26.5M | +139% |
| Q3 2024 | $20.9M | +$21.4M |
SII has the edge over HOOD on cash flow, with more consistent year-over-year improvement.
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 the edge over SII on shareholder dilution, with a more favorable share count trend.
| 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.
SII Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -31K shares |
| 1 year | -0.2% | -52K shares |
| 3 years | -1.8% | -464K shares |
| 5 years | -0.8% | -208K shares |
| Available history | +4.1% | +1M shares |
SII has 26M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $6M |
| Q1 2026 | $493,074 |
| Q4 2025 | $896 |
| Q3 2025 | $1M |
| Q2 2025 | — |
| Q1 2025 | $552,000 |
| Q4 2024 | $2M |
| Q3 2024 | $212 |
SII spent $7M buying back its own shares over the past year, up 191% from 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 more cash than debt. Net leverage isn't a meaningful measure for financial services companies like HOOD.
SII Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.3x | Net Cash |
| Q1 2026 | -1.4x | Net Cash |
| Q4 2025 | -1.3x | Net Cash |
| Q3 2025 | -1.1x | Net Cash |
| Q2 2025 | -1.0x | Net Cash |
| Q1 2025 | -0.8x | Net Cash |
| Q4 2024 | -0.6x | Net Cash |
| Q3 2024 | -0.4x | Net Cash |
SII has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like SII.
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).
SII Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.9 | Neutral |
| Stochastic | 21.2 | Neutral |
SII's weekly RSI is 44 (neutral) and its Stochastic is 21 (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.
SII PE vs Financial Services Sector
| Metric | SII | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 13x | 102% above |
| PE % | 25 | 63 | 38 pts below |
SII 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.
SII Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $111.5 | 3.6% below |
| 20 week MA | $115.8 | 7.2% below |
| 50 week MA | $122.0 | 12% below |
| 100 week MA | $91.5 | 17% above |
| 200 week MA | $64.5 | 67% above |
SII has the edge over HOOD on trend strength, trading above more of its moving averages.
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.
SII Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.5 | $29.1 | +29% |
| 2021 | $29.1 | $44.9 | +54% |
| 2022 | $44.9 | $33.4 | -26% |
| 2023 | $33.4 | $34.0 | +1.8% |
| 2024 | $34.0 | $42.0 | +24% |
| 2025 | $42.0 | $100.5 | +139% |
| 2026 YTD | $100.5 | $107.5 | +7% |
SII has the edge over HOOD on returns for 2026, with the stronger performance.