Robinhood Markets, Inc. (HOOD)
| Market Cap | 15.70B |
| Revenue (ttm) | 1.87B |
| Net Income (ttm) | -541.00M |
| Shares Out | 874.55M |
| EPS (ttm) | -0.61 |
| PE Ratio | n/a |
| Forward PE | 64.29 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 9,211,397 |
| Open | 17.88 |
| Previous Close | 17.61 |
| Day's Range | 17.63 - 18.14 |
| 52-Week Range | 7.91 - 20.55 |
| Beta | 1.69 |
| Analysts | Hold |
| Price Target | 19.21 (+7.02%) |
| Earnings Date | May 8, 2024 |
About HOOD
Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services. It also provides various learning and education solutions comprise ... [Read more]
Financial Performance
In 2023, HOOD's revenue was $1.87 billion, an increase of 37.33% compared to the previous year's $1.36 billion. Losses were -$541.00 million, -47.37% less than in 2022.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for HOOD stock is "Hold." The 12-month stock price forecast is $19.21, which is an increase of 7.02% from the latest price.
News
Users say Robinhood's overnight trading service went down after Israeli attack
During the height of uncertainty over Israel's retaliatory attack against Iran late Thursday, users of the Robinhood trading platform users say they were unable to trade.
Bitcoin's Halving Is Close. Coinbase and Robinhood Might Not Benefit Much.
In the months after prior halvings, the oldest cryptocurrency's price has rallied significantly.
Freetrade, Britain's answer to Robinhood, posted its first quarterly profit
British stock trading app Freetrade hit breakeven earlier this year, the company told CNBC, marking its first-ever move into the black.
Robinhood Stock Gets Downgraded to Sell. Blame Bitcoin.
Bitcoin has played a key role in Robinhood's strong start to the year but it could also bring about the stock's downfall, Citi said.
Robinhood Sets Sights on New Bounty: The Rising Rich
Recent moves by the online brokerage hint at ambitions in wealth management.
KBW's Kyle Voigt is bullish on Robinhood fundamentals, cautious on valuations
Kyle Voigt, KBW managing director of equity research, joins 'Closing Bell' to discuss KBW's stock breakdown of Robinhood.
Robinhood Markets, Inc. to Announce First Quarter 2024 Results on May 8, 2024
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,...
Robinhood hits over 2-year high as credit card launch fuels investor euphoria
Shares of Robinhood Markets jumped on Wednesday after the financial technology firm launched a credit card, as it expands its product offerings in order to reduce its reliance on market-sensitive trad...
Robinhood Launches Own Credit Card for US Customers
Robinhood Markets Inc., best known for offering commission-free trading, is rolling out a credit card to US consumers as it looks to become a broader financial-services company. The Robinhood Gold Car...
Robinhood CEO on new credit card: We're against additional fees
Trading platform Robinhood (HOOD) will be launching its first credit card — the Robinhood Gold Card, a premium card exclusive to Robinhood Gold members.
Robinhood Stock Rises on Launch of Credit Card With 3% Cash Back
Shares in Robinhood Markets (HOOD) rose Wednesday morning after the online trading app said it was launching a credit card, as it moves to become a one-stop shop for financial services.
Robinhood Debuts Credit Card for Its Gold Members
Robinhood launched a credit card as it continues expanding into financial services. “At Robinhood, we recognize the need for change,” the company, known largely for its trading platform, wrote in a bl...
Robinhood CEO Vlad Tenev on new credit card: The idea is to add more things to Robinhood Gold
Robinhood co-founder and CEO Vlad Tenev joins 'Squawk Box' to discuss the company's new credit card, what he hopes to achieve with the new offering, the company's stock performance, and more.
Robinhood's stock jumps 7% after company launches first credit card
Robinhood Markets Inc.'s stock soared 7% early Wednesday, after the company unveiled its first-ever credit card as it moves to expand beyond its current role as a trading app.
Robinhood Stock Jumps as New Credit Card Takes on Apple, SoFi. Other Tech News Today.
Robinhood has entered the credit card market and it's not arrived to just make up the numbers.
Robinhood ventures further beyond trading with new credit card
Online trading app Robinhood Markets launched a new credit card on Tuesday, in an effort to expand its foothold in the personal finance market and boost subscriptions to its premium tier.
Robinhood co-founder Baiju Bhatt to step down as creative chief
Robinhood Markets co-founder Baiju Bhatt will no longer serve as an executive, marking the departure of one of the creators of the app which helped facilitate a meme-stock craze.
Robinhood Co-Founder to Step Down as Creative Chief
Baiju Bhatt launched Robinhood with Vlad Tenev in 2013 and served as its co-chief executive until 2020, when he transitioned to chief creative officer.
Robinhood Markets, Inc. Co-Founder Baiju Bhatt To Step Down as Chief Creative Officer
MENLO PARK, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced that Co-Founder and Chief Creative Officer, Baiju Bhatt, will step down from...
Robinhood Stock Falls as It Launches Into This Market, and Other Tech News Today
Robinhood Markets has finally launched commission-free trading throughout the U.K. but it could be hobbled by the loss of a key revenue source. Meanwhile, Meta has offered to cut the price of its ad-f...
Trading app Robinhood drops margin investing in UK launch
Trading platform Robinhood has "paused" its plan to lend to UK-based customers to allow them to make leveraged trades pending further talks with regulators, as it launches its UK business, the company...
3-Stock Lunch: HOOD, C & X
Eva Ados, ERShares chief investment strategist, joins 'Power Lunch' to discuss plays for three stocks including: Robinhood, CitiGroup and United States Steel Corp.
Robinhood Outperforming, Under Armor Downgraded, Oracle Upgraded After Quarterly Results | Top Calls
Top calls today are Robinhood Outperforming, Under Armor Downgraded and Oracle Upgraded After Quarterly Results.
Robinhood Stock Soars To Highest Level Since 2021
Robinhood shares soared Thursday after the company reported a massive uptick in retail investor activity amid the stock market and cryptocurrency boom.
Robinhood Stock Jumps as Trading Volumes Surge. That Could Help Coinbase, Too.
Stock and crypto trading volumes at Robinhood rise sharply in February. Retail investors are back.