HOOD
Robinhood Markets, Inc.
HOOD offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
VEL
Velocity Financial, Inc.
VEL has a slight edge over HOOD overall, supported by lower modeled downside and stronger valuation.
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.
VEL Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| N/A | |
| N/A |
VEL's profitability is currently strong. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like VEL.
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.
VEL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 5.4x | $16.11 | — |
| Current | 5.8x | $16.11 | — |
| Cheap | 7.8x | $21.75 | +35% |
| Fair | 10x | $28.86 | +79% |
| Expensive | 12x | $33.92 | +111% |
Historical ranges are pointers, not guarantees.
VEL 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 VEL on the outlook, with more favorable profitability expectations.
VEL Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for VEL, but weaker profitability.
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.
VEL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.00 | +7.9% |
| Q3 2026 | $2.78 | +15% |
| Q2 2026 | $2.76 | +25% |
| Q1 2026 | $2.81 | +46% |
| Q4 2025 | $2.75 | +44% |
| Q3 2025 | $2.41 | +30% |
| Q2 2025 | $2.20 | +25% |
| Q1 2025 | $1.93 | +14% |
| Q4 2024 | $1.91 | +26% |
VEL 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's revenue has grown year over year for 16 quarters in a row: $1.4B last quarter, up 12% from the same quarter a year ago.
| 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.
VEL Quarterly Revenue
VEL and HOOD do not have enough comparable growth data to identify a winner.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2020 | 22% | N/A |
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 VEL on cash generation, producing positive trailing cash flow while its opponent burns cash.
VEL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$12.3M | -208% |
| Q2 2026 | $3.6M | -52% |
| Q1 2026 | $12M | +248% |
| Q4 2025 | -$4.5M | -114% |
| Q3 2025 | $11.4M | +$29M |
| Q2 2025 | $7.6M | -33% |
| Q1 2025 | $3.5M | -67% |
| Q4 2024 | $33.2M | +27% |
VEL's free cash flow was −$1M over the past year, against $56M the year before. Free cash flow isn't a meaningful measure for financial services companies like VEL.
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 VEL 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.
VEL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +155K shares |
| 1 year | +1.7% | +659K shares |
| 3 years | +14% | +4.7M shares |
| 5 years | +15% | +5.2M shares |
| Available history | +96% | +19.4M shares |
VEL has 39M diluted shares, up 1.7% from a year ago, despite $8M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $361,000 |
| Q2 2026 | $2.7M |
| Q1 2026 | $4.5M |
| Q4 2025 | $1,000 |
| Q3 2025 | $179,000 |
| Q3 2024 | — |
| Q2 2024 | $266,000 |
| Q1 2024 | $1.3M |
VEL spent $8M buying back its own shares over the past year.
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 VEL on leverage, with a lower net debt burden relative to earnings.
VEL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.6x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -0.6x | Net Cash |
| Q4 2025 | -0.6x | Net Cash |
| Q3 2025 | -0.8x | Net Cash |
| Q2 2025 | -0.7x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | -0.5x | Net Cash |
VEL has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like VEL.
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).
VEL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.3 | Neutral |
| Stochastic | 46.0 | Neutral |
VEL's weekly RSI is 45 (neutral) and its Stochastic is 46 (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.
VEL PE vs Financial Services Sector
| Metric | VEL | Sector median | Relative |
|---|---|---|---|
| PE | 5.8x | 13x | 56% below |
| PE % | 2 | 64 | 62 pts below |
VEL 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.
VEL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.5 | 3.8% above |
| 20 week MA | $16.9 | 4.6% below |
| 50 week MA | $18.0 | 10% below |
| 100 week MA | $18.1 | 11% below |
| 200 week MA | $16.5 | 2.1% below |
VEL has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 2.1% below 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.
VEL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.5 | $6.28 | -54% |
| 2021 | $6.28 | $13.3 | +112% |
| 2022 | $13.3 | $9.55 | -28% |
| 2023 | $9.55 | $17.2 | +80% |
| 2024 | $17.2 | $19.7 | +14% |
| 2025 | $19.7 | $19.5 | -0.9% |
| 2026 YTD | $19.5 | $16.1 | -17% |
VEL has the edge over HOOD on returns for 2026, with the stronger performance.