Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately 650 articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street Journal; and lists, which allow users to create custom watchlists to monitor securities, ETFs, and cryptocurrencies, as well as cash management services. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
IPO Year: 2021
Exchange: NASDAQ
Website: robinhood.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/19/2025 | $61.00 | Buy | Compass Point |
| 3/6/2025 | $69.00 | Overweight | Cantor Fitzgerald |
| 2/18/2025 | Outperform → Peer Perform | Wolfe Research | |
| 2/5/2025 | Mkt Perform | Raymond James | |
| 1/17/2025 | $55.00 → $64.00 | Overweight | Morgan Stanley |
| 1/7/2025 | $20.00 → $43.00 | Underweight → Neutral | Analyst |
| 12/9/2024 | $26.00 → $49.00 | Equal Weight → Overweight | Barclays |
| 12/6/2024 | $40.00 → $46.00 | Neutral → Buy | Goldman |
| 11/25/2024 | $24.00 → $55.00 | Equal-Weight → Overweight | Morgan Stanley |
| 11/18/2024 | $40.00 | Hold → Buy | Needham |
MIAMI, March 19, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs introduces HOOX, the Defiance Daily Target 2X Long HOOD ETF, a 2X leveraged single-stock ETF designed to provide amplified exposure to Robinhood Markets, Inc. (NASDAQ:HOOD). This ETF offers traders a way to seek enhanced returns on Robinhood Markets, Inc without requiring a margin account. HOOX seeks daily investment results that correspond to twice (200%) the daily percentage change of Robinhood Markets, a pioneer in commission-free trading that has transformed the brokerage industry with innovative technology and a user-friendly platform. "HOOX offers investors a compelling opportunity for investors seeking amplified exposure to R
MENLO PARK, Calif., March 11, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today reported select monthly operating data for February 2025. Please note that the following operating data does not include TradePMR, which we acquired on February 26, 2025, or futures trading volumes. Funded Customers at the end of February were 25.6 million (up approximately 150 thousand from January 2025, up approximately 2 million year-over-year). Assets Under Custody (AUC) at the end of February were $187 billion (down 8% from January 2025, up 58% year-over-year). Net Deposits were $4.8 billion in February, translating to a 28% annualized growth rate relative to January 2025
DENVER and MENLO PARK, Calif., March 6, 2025 /PRNewswire/ -- CQG, a leading global provider of high-performance technology solutions for market makers, traders, brokers, commercial hedgers and exchanges, and Robinhood Derivatives LLC ("Robinhood") (NASDAQ:HOOD), announced today that they have partnered to use CQG's professional-grade infrastructure to handle order routing for Robinhood Derivatives' futures customer orders. As of January 31, 2025, Robinhood has 25.5 million funded customers and assets under custody of $204 billion. CQG provides a broad range of technology solut
MENLO PARK, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced that it will be participating in the upcoming Citizens JMP Technology Conference on Tuesday, March 4, 2025. Robinhood Chairman and Chief Executive Officer Vlad Tenev is scheduled to present on Tuesday, March 4, 2025, at 11:00 AM PT / 2:00 PM ET. Interested parties may access a live audio webcast of the presentation by visiting investors.robinhood.com. Following the presentation, a recording will be available for replay for at least 90 days on the same website. About Robinhood Robinhood Markets, Inc. (NASDAQ:HOOD) transformed financial services by introducing commissi
SAN FRANCISCO, Feb. 24, 2025 /PRNewswire/ -- Brex, the modern spend platform for growing businesses from startups to enterprises, today announced its enterprise business grew revenue 80%, while net revenue retention was nearly 140% YoY. This past year, Brex's overall revenue growth grew threefold with net revenue retention up 15 points. Brex now serves over 150 public companies and global industry leaders such as Anthropic, Arm (NASDAQ:ARM), Robinhood (NASDAQ:HOOD), ServiceTitan (NASDAQ:TTAN), Sonos (NASDAQ:SONO) and Wiz. In total, Brex's enterprise customers have an estimated
MENLO PARK, Calif., Feb. 14, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today reported select monthly operating data for January 2025: Funded Customers at the end of January were 25.5 million (up approximately 310 thousand from December 2024, up approximately 2 million year-over-year).Assets Under Custody (AUC) at the end of January were $204 billion (up 6% from December 2024, up 99% year-over-year). Net Deposits were $5.6 billion in January, translating to a 35% annualized growth rate relative to December 2024 AUC. Over the last twelve months, Net Deposits were $52.3 billion, translating to an annual growth rate of 51% relative to January 2024 AUC.Equity
Q4 Revenues up 115% year-over-year to a record $1.01 billion.Q4 Net Deposits grow to a record $16 billion.Q4 Gold Subscribers up 86% year-over-year to a record 2.6 million.Q4 Net Income up over 10X year-over-year to a record $916 million, or Diluted EPS of a record $1.01.Q4 Adjusted EBITDA up over 300% year-over-year to a record $613 million. MENLO PARK, Calif., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced financial results for the fourth quarter and full year of 2024, which ended December 31, 2024. "We hit the gas on product development in 2024 with a new platform for active traders, Gold Card launch, an expand
CME Group introduces its first equity index, FX, cryptocurrency, metals and energy contracts to Robinhood customersCHICAGO, Jan. 29, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, and Robinhood Derivatives, LLC ('Robinhood'), today announced that some of CME Group's most popular futures products have started rolling out on the Robinhood mobile app. Over the coming weeks, all eligible Robinhood customers in the U.S. will have access to futures products across five major asset classes, including the four leading U.S. equity indices – S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average – as well as bitcoin and ether, major FX currency pairs, key me
WINDSOR, Conn., Jan. 29, 2025 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) today announced that Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD), a financial services company, has joined RolloverCentral® as an IRA provider. SS&C's RolloverCentral platform connects the account opening systems of IRA providers like Robinhood with the processing platforms of third-party administrators to create a simple, secure rollover process for participants. "We are pleased to join RolloverCentral as an IRA provider. Partnering with SS&C's RolloverCentral allows us to sea
USA News Group Commentary Issued on behalf of Spearmint Resources Inc. VANCOUVER, BC, Jan. 17, 2025 /PRNewswire/ -- Markets around the world are already banking on a Trump-fueled crypto boom ahead of the US President Re-Elect's upcoming inauguration. It's been just over a year since the SEC legalized bitcoin spot ETFs, and the impact continues to gain momentum on stocks involved with crypto. In 2024, crypto was one of the two drivers that drove gains in the year's top 5 tech stocks, especially after Donald Trump's election victory in November. Now cryptocurrency-related stocks have become a must-watch in today's market, with developments coming from such as examples as Spearmint Resources
WINDSOR, Conn., Jan. 29, 2025 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) today announced that Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD), a financial services company, has joined RolloverCentral® as an IRA provider. SS&C's RolloverCentral platform connects the account opening systems of IRA providers like Robinhood with the processing platforms of third-party administrators to create a simple, secure rollover process for participants. "We are pleased to join RolloverCentral as an IRA provider. Partnering with SS&C's RolloverCentral allows us to sea
SAN FRANCISCO, Oct. 4, 2023 /PRNewswire/ -- Woodruff Sawyer, one of the largest independent insurance brokerages in the US, today announced Walker Newell has joined the firm as Vice President, Regulation and Securities Litigation Attorney for the Management Liability practice. With more than a decade of experience leading high-stakes litigation and investigations as a lawyer in defense, regulatory enforcement, and in-house roles, Walker brings Woodruff Sawyer clients a nuanced and business-focused perspective on corporate and individual liability. Walker previously served as S
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Compass Point initiated coverage of Robinhood Markets with a rating of Buy and set a new price target of $61.00
Cantor Fitzgerald initiated coverage of Robinhood Markets with a rating of Overweight and set a new price target of $69.00
Wolfe Research downgraded Robinhood Markets from Outperform to Peer Perform
Raymond James initiated coverage of Robinhood Markets with a rating of Mkt Perform
Morgan Stanley reiterated coverage of Robinhood Markets with a rating of Overweight and set a new price target of $64.00 from $55.00 previously
Analyst upgraded Robinhood Markets from Underweight to Neutral and set a new price target of $43.00 from $20.00 previously
Barclays upgraded Robinhood Markets from Equal Weight to Overweight and set a new price target of $49.00 from $26.00 previously
Goldman upgraded Robinhood Markets from Neutral to Buy and set a new price target of $46.00 from $40.00 previously
Morgan Stanley upgraded Robinhood Markets from Equal-Weight to Overweight and set a new price target of $55.00 from $24.00 previously
Needham upgraded Robinhood Markets from Hold to Buy and set a new price target of $40.00
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Q4 Revenues up 115% year-over-year to a record $1.01 billion.Q4 Net Deposits grow to a record $16 billion.Q4 Gold Subscribers up 86% year-over-year to a record 2.6 million.Q4 Net Income up over 10X year-over-year to a record $916 million, or Diluted EPS of a record $1.01.Q4 Adjusted EBITDA up over 300% year-over-year to a record $613 million. MENLO PARK, Calif., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced financial results for the fourth quarter and full year of 2024, which ended December 31, 2024. "We hit the gas on product development in 2024 with a new platform for active traders, Gold Card launch, an expand
USA News Group Commentary Issued on behalf of Spearmint Resources Inc. VANCOUVER, BC, Jan. 17, 2025 /PRNewswire/ -- Markets around the world are already banking on a Trump-fueled crypto boom ahead of the US President Re-Elect's upcoming inauguration. It's been just over a year since the SEC legalized bitcoin spot ETFs, and the impact continues to gain momentum on stocks involved with crypto. In 2024, crypto was one of the two drivers that drove gains in the year's top 5 tech stocks, especially after Donald Trump's election victory in November. Now cryptocurrency-related stocks have become a must-watch in today's market, with developments coming from such as examples as Spearmint Resources
MENLO PARK, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Today, Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) announced that it will release its fourth quarter and full year 2024 financial results on Wednesday, February 12, 2025, after market close. An earnings conference call will be held at 2:00 PM PT / 5:00 PM ET on the same day. A live webcast of the call and supporting materials will be available at investors.robinhood.com. Following the call, a replay and transcript will also be available on the same website. Ahead of the call, Robinhood shareholders can visit https://app.saytechnologies.com/robinhood-markets-2024-q4 to submit and upvote questions for management using the Q&A pla
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
Second highest Revenues on record, up 36% year-over-year to $637 millionGAAP Diluted EPS of $0.17, up $0.26 year-over-yearYear-to-date Net Deposits of $34 billion, Revenues of $1.94 billion, and GAAP Diluted EPS of $0.55 have all exceeded prior full year records MENLO PARK, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced financial results for the third quarter of 2024, which ended September 30, 2024. "I'm really proud of our Q3 results and how smoothly our product engine is humming," said Vlad Tenev, CEO and Co-Founder of Robinhood. "In the past month, we introduced Robinhood Leg
MENLO PARK, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Today, Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) announced that it will release its third quarter 2024 financial results on Wednesday, October 30, 2024, after market close. An earnings conference call will be held at 2:00 PM PT / 5:00 PM ET on the same day. A live webcast of the call and supporting materials will be available at investors.robinhood.com. Following the call, a replay and transcript will also be available on the same website. Robinhood shareholders can submit and upvote questions for management using the Q&A platform developed by Say Technologies ahead of the call. Shareholders can visit app.saytechnologies.com
Record Revenues of $682 million, up 40% year-over-year Record GAAP Diluted EPS of $0.21, up $0.18 year-over-year Record Net Deposits of $13.2 billion, an annualized growth rate of 41% MENLO PARK, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced financial results for the second quarter of 2024, which ended June 30, 2024. "This quarter, we kept up the pace with rapid product launches and a relentless drive to provide top value for our customers," said Vlad Tenev, CEO and Co-Founder of Robinhood. "With Robinhood Gold reaching 2 million subscribers, we're witnessing the flywheel accelerate." "I'm encouraged by the progress we're
MENLO PARK, Calif., July 02, 2024 (GLOBE NEWSWIRE) -- Today, Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) announced that it will release its second quarter 2024 financial results on Wednesday, August 7, 2024, after market close. An earnings conference call will be held at 2:00 PM PT / 5:00 PM ET on the same day. A live webcast of the call and supporting materials will be available at investors.robinhood.com. Following the call, a replay and transcript will also be available on the same website. Robinhood shareholders can submit and upvote questions for management using the Q&A platform developed by Say Technologies ahead of Robinhood's second quarter 2024 earnings call. Shareholder
Record Revenues of $618 million, up 40% year-over-year and Record GAAP Diluted EPS of $0.18 Record Net Deposits of $11.2B, including net positive transfers from every major incumbent brokerage firm Gold Subscribers reached a new high of 1.7 million, up 42% year-over-year MENLO PARK, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced financial results for the first quarter of 2024, which ended March 31, 2024. "We continued to aggressively execute on our product roadmap in Q1, leading to all-time highs for Net Deposits and Gold Subscribers," said Vlad Tenev, CEO and Co-Founder of Robinhood. "Q2 is off to a strong start with April
MENLO PARK, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Today, Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) announced that it will release its first quarter 2024 financial results on Wednesday, May 8, 2024, after market close. An earnings conference call will be held at 2:00 PM PT / 5:00 PM ET on the same day. A live webcast of the call and supporting materials will be available at investors.robinhood.com. Following the call, a replay and transcript will also be available on the same website. Robinhood shareholders can submit and upvote questions for management using the Q&A platform developed by Say Technologies ahead of Robinhood's first quarter 2024 earnings call. Shareholders ca