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 |
---|---|---|---|
6/9/2025 | $48.00 | Neutral → Sell | Redburn Atlantic |
5/14/2025 | $58.00 → $71.00 | Buy | Needham |
5/1/2025 | $62.00 → $58.00 | Buy | Needham |
4/8/2025 | $40.00 | Overweight → Equal-Weight | Morgan Stanley |
3/28/2025 | $70.00 → $62.00 | Buy | Needham |
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 |
MENLO PARK, Calif., June 11, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today reported select monthly operating data for May 2025. Funded Customers at the end of May were 25.9 million (up about 5 thousand from April 2025, up 1.8 million year-over-year). In May, Funded Customers grew by approximately 5 thousand after the impact of required escheatment of approximately 100 thousand low-balance accounts.Total Platform Assets at the end of May were $255 billion (up 10% from April 2025, up 89% year-over-year). Net Deposits were $3.5 billion in May, or a 18% annualized growth rate relative to April 2025 Total Platform Assets. Over the last twelve months, Net De
MENLO PARK, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced that it will be participating in the upcoming Piper Sandler Global Exchange & Trading Conference on Thursday, June 5, 2025. Robinhood Chief Brokerage Officer Steve Quirk is scheduled to present on Thursday, June 5, 2025, at 10:00 AM ET / 7:00 AM PT. 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 commi
MENLO PARK, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today reported select monthly operating data for April 2025. Funded Customers at the end of April were 25.9 million (up approximately 120 thousand from March 2025, up approximately 2 million year-over-year).Total Platform Assets at the end of April were $232 billion (up 5% from March 2025, up 88% year-over-year). Net Deposits were $6.8 billion in April, or a 37% annualized growth rate relative to March 2025 Total Platform Assets. Over the last twelve months, Net Deposits were $59.2 billion, or an annual growth rate of 48% relative to April 2024 Total Platform Assets.Equity Notional Tra
Mogo is WonderFi's largest shareholder holding ~82 million shares Mogo signs voting support agreement in favour of the transaction Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) ("Mogo" or the "Company"), a digital wealth and payments business, today announced that its portfolio company, WonderFi Technologies Inc. (TSX:WNDR) ("WonderFi"), has entered into a definitive agreement (the "Arrangement Agreement") with Robinhood Markets, Inc. (NASDAQ:HOOD) ("Robinhood") and a wholly owned subsidiary of Robinhood ("Purchaser"). Pursuant to the Arrangement Agreement, the Purchaser will acquire all of the issued and outstanding common shares of WonderFi ("Common Shares") for C$0.36 per Common Share by way of
MENLO PARK, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced that it will be participating in the upcoming J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 14, 2025. Robinhood Chief Brokerage Officer Steve Quirk is scheduled to present on Wednesday, May 14, 2025, at 9:20 AM ET / 6:20 AM PT. 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
Revenues up 50% year-over-year to $927 million Net Deposits grow to a record $18.0 billion, and Robinhood Gold Subscribers reached a record 3.2 million Net Income up 114% year-over-year to $336 million Diluted EPS up 106% year-over-year to $0.37 Board of directors increases share repurchase authorization by $500 million to $1.5 billion MENLO PARK, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced financial results for the first quarter of 2025, which ended March 31, 2025. "This quarter, we significantly accelerated product innovation across our key initiatives, highlighted by the announcement of Robinhood Strategies, Banking, a
MENLO PARK, Calif., April 02, 2025 (GLOBE NEWSWIRE) -- Today, Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) announced that it will release its first quarter 2025 financial results on Wednesday, April 30, 2025, after market close. Robinhood will host a video call to discuss its results at 2:00 PM PT / 5:00 PM ET on the same day. The video call and supporting materials will be available at investors.robinhood.com. The event will also be live streamed to YouTube and X.com via Robinhood's official channels, @RobinhoodApp. Following the call, a replay and transcript will also be available at investors.robinhood.com. Ahead of the call, Robinhood shareholders can visit https://app.saytechn
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