Robinhood Markets, Inc. (HOOD)
Market Cap | 19.74B |
Revenue (ttm) | 2.04B |
Net Income (ttm) | 127.00M |
Shares Out | 878.84M |
EPS (ttm) | 0.15 |
PE Ratio | 149.73 |
Forward PE | 43.41 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 9,457,761 |
Open | 22.64 |
Previous Close | 22.79 |
Day's Range | 22.07 - 22.80 |
52-Week Range | 7.91 - 24.28 |
Beta | 1.83 |
Analysts | Hold |
Price Target | 20.94 (-6.77%) |
Earnings Date | Aug 7, 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 17 analysts, the average rating for HOOD stock is "Hold." The 12-month stock price forecast is $20.94, which is a decrease of -6.77% from the latest price.
News
Robinhood Markets, Inc. to Announce Second Quarter 2024 Results on August 7, 2024
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,...
AI Gives Robinhood Another Arrow in its Quiver
Robinhood Markets HOOD -1.18%decrease; red down pointing triangle has come a long way, but it still hasn't made the leap into offering full-fledged investment advice. Its latest acquisition, though, m...
Robinhood rises above the meme-stock frenzy
Robinhood is transforming from a meme-stock enabler to a well-rounded financial services company poised for growth.
Robinhood Purchases Pluto to Provide AI-Powered Investment Advice
Trading platform Robinhood is acquiring artificial intelligence (AI) research service Pluto Capital. The purchase, as Bloomberg News reported Monday (July 1) is designed to offer Robinhood's users mor...
Robinhood Buys AI-Powered Platform Pluto
Shares of Robinhood Markets (HOOD) climbed about 1% to $22.85 in intraday trading Monday after the online trading site moved to add an artificial intelligence (AI)-powered investment research platform...
Trading app Robinhood agrees deal with Pluto Capital to tap into AI
Robinhood Markets said on Monday it had bought artificial intelligence-powered investment platform Pluto Capital, adding the trading app to a growing list of companies looking to offer AI tools to cus...
Robinhood brings AI to its customers with Pluto Capital acquisition
Pluto's AI models can help provide customers with things like tailored investment strategies.
Trading app Robinhood says working to resolve service interruption
Robinhood said on Monday it was working to resolve an issue causing service interruptions for some users on its trading platform.
Wolfe Research upgrades Robinhood stock to Outperform
Robinhood Markets (HOOD) received an upgrade from Wolfe Research from Peer Perform to Outperform with a price target of $29 per share. The firm cited the company's strong fundamentals as helping it ac...
Robinhood Analyst Projects 31% Upside, Says Trading Platform 'More Batman Than Robin'
Robinhood Markets Inc. HOOD just got a significant vote of confidence from Wolfe Research analyst Steven Chubak, who upgraded the stock from Peer Perform to Outperform, citing strong growth prospects ...
This Robinhood Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...
How Robinhood Makes Money
Robinhood Markets Inc. (HOOD) is a California-based financial technology (fintech) company that operates an online discount brokerage with commission-free trading. Using its web- and mobile- based pla...
Robinhood's deal with Bitstamp 'big step forward' for international expansion: Johann Kerbrat
Johann Kerbrat, general manager of crypto at Robinhood, discusses the trading platform's recent announcement that it plans to acquire global crypto exchange Bitstamp for about $200 million in cash. He...
Robinhood Markets, Inc. Reports May 2024 Operating Data
MENLO PARK, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for May 2024:
Harmonic, Backed by Robinhood CEO Vlad Tenev, Announces Development of Mathematical Superintelligence Platform
PALO ALTO, Calif.--(BUSINESS WIRE)--Harmonic, an artificial intelligence platform backed by Robinhood CEO Vlad Tenev, announced progress in its development of Mathematical Superintelligence (MSI). Roo...
Roaring Kitty returns to live streaming: Time to buy Robinhood stock?
On June 6th, Keith Gill, better known as “Roaring Kitty,” revealed he will be returning to live streaming after a hiatus of more than three years. This announcement led to a significant surge in GameS...
Three-Stock Lunch: Tesla, Robinhood & CrowdStrike
Aadil Zaman, Wall Street Alliance Group partner, joins 'Power Lunch' to discuss plays for three stocks, including Tesla, Robinhood, and CrowdStrike.
Robinhood CEO on Roaring Kitty
Robinhood CEO and co-founder Vlad Tenev joined CNBC's “Squawk Box” to discuss the company's acquisition of cryptocurrency exchange Bitstamp, what it means for the company's crypto and global expansion...
Robinhood to Buy Bitstamp for $200M
Robinhood Markets Inc. will acquire the European cryptocurrency exchange Bitstamp Ltd. for $200 million as part of the financial-technology company's expansion outside of its home market in the US.
Robinhood to buy crypto exchange Bitstamp for $200 million: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and un...
Robinhood expands crypto efforts with $200M purchase of Bitstamp
Robinhood Markets revealed Thursday it will purchase Bitstamp, saying it expects to pay about $200 million in cash to become the cryptocurrency exchange's new owner.
Robinhood Expands Crypto Offering With $200 Million Bitstamp Deal
Robinhood Markets is set to acquire cryptocurrency exchange Bitstamp for $200 million. “Acquiring a global exchange will significantly accelerate Robinhood Crypto's expansion worldwide,” the company s...
Robinhood acquires global crypto exchange Bitstamp for $200M
Stock-trading platform Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crytpo exchange Bitstamp.
Robinhood CEO Vlad Tenev on Bitstamp acquisition: Accelerates our plans for international expansion
Robinhood CEO and co-founder Vlad Tenev joins 'Squawk Box' to discuss the company's acquisition of cryptocurrency exchange Bitstamp, what it means for the company's crypto and global expansion plans, ...
Robinhood bets big on crypto with $200 million deal for Bitstamp
Trading platform Robinhood Markets said on Thursday it has agreed to buy cryptocurrency exchange Bitstamp for around $200 million in cash, speeding up a broader push into digital assets with its bigge...