Robinhood Markets Shares Up 18% Since Q2 Earnings Announcement 
<p><a href='https://financialmodelingprep.com/financial-summary/HOOD'>Robinhood Markets, Inc. (NASDAQ:HOOD)</a> shares rose nearly 18% since the company’s reported Q2 results on Tuesday, with revenue of $318 million coming in better than the Street estimate of $315.89 million. Quarterly EPS was ($0.34), worse than the Street estimate of ($0.32). </p>
<p>Q2 adjusted EBITDA loss was $80 million, significantly improving from a $143 million loss in Q1. The analysts at Deutsche Bank view the company as being on a reasonably good path toward achieving profitability via cost cuts and higher net interest revenue, but many risks remain, including lower trading revenue and uncertain contribution from several growth initiatives. </p>
<p>The analysts raised their price target to $9 from $8, while reiterating their hold rating. </p>

NASDAQ:HOOD