Compare Oppenheimer Holdings Inc. (OPY) vs Robinhood Markets, Inc. (HOOD) Stock

Oppenheimer Holdings Inc. (OPY) offers the better valuation at 13.5x trailing P/E (104.0x forward), making it the more compelling value choice. Analysts rate Oppenheimer Holdings Inc. (OPY) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Oppenheimer Holdings Inc. (OPY) is the cheapest at 13.5x versus Robinhood Markets, Inc. at 48.6x. On forward P/E, Robinhood Markets, Inc. is actually cheaper at 31.6x — notably different from the trailing picture, reflecting expected earnings growth.

Over the past 5 years, Oppenheimer Holdings Inc. (OPY) delivered a total return of +127.4%, compared to +117.8% for Robinhood Markets, Inc. (HOOD). A $10,000 investment in OPY five years ago would be worth approximately $23K today (assuming dividends reinvested). Over 10 years, the gap is even starker: OPY returned +569.1% versus HOOD's +117.8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Oppenheimer Holdings Inc. (OPY) is the lower-risk stock at 0.97β versus Robinhood Markets, Inc.'s 2.62β — meaning HOOD is approximately 170% more volatile than OPY relative to the S&P 500. On balance sheet safety, Oppenheimer Holdings Inc. (OPY) carries a lower debt/equity ratio of 81% versus 94% for Robinhood Markets, Inc. — giving it more financial flexibility in a downturn.

Robinhood Markets, Inc. (HOOD) is the more profitable company, earning 47.8% net margin versus 5.0% for Oppenheimer Holdings Inc. — meaning it keeps 47.8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: HOOD leads at 35.8% versus 21.3% for OPY. At the gross margin level — before operating expenses — HOOD leads at 82.9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Robinhood Markets, Inc. (HOOD) trades at 31.6x forward P/E versus 104.0x for Oppenheimer Holdings Inc. — 72.3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for OPY: 131.8% to $200.00.

In this comparison, OPY (0.7% yield) pays a dividend. HOOD does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Oppenheimer Holdings Inc. (OPY) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.97), 0.7% yield, +569.1% 10Y return). Robinhood Markets, Inc. (HOOD) carries a higher beta of 2.62 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (OPY: +569.1%, HOOD: +117.8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. In terms of investment character: OPY is a small-cap deep-value stock; HOOD is a mid-cap quality compounder stock. OPY pays a dividend while HOOD does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.