Robinhood Markets, Inc. (HOOD)
| Market Cap | 11.01B |
| Revenue (ttm) | 1.77B |
| Net Income (ttm) | -737.00M |
| Shares Out | 864.13M |
| EPS (ttm) | -0.81 |
| PE Ratio | n/a |
| Forward PE | 255.74 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,596,973 |
| Open | 13.16 |
| Previous Close | 13.18 |
| Day's Range | 12.52 - 13.17 |
| 52-Week Range | 7.76 - 13.51 |
| Beta | 1.20 |
| Analysts | Hold |
| Price Target | 12.41 (-2.59%) |
| Earnings Date | Feb 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), options, gold, and cryptocurrencies. The company provides various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is an online collection of beginners' guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and Dow Jones; Snacks, an accessible di... [Read more]
Financial Performance
In 2022, HOOD's revenue was $1.36 billion, a decrease of -25.18% compared to the previous year's $1.82 billion. Losses were -$1.03 billion, -72.12% less than in 2021.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for HOOD stock is "Hold." The 12-month stock price forecast is $12.41, which is a decrease of -2.59% from the latest price.
News
SEC's proposed AI regulations are 'anything but reasonable': Robinhood's chief legal officer
Dan Gallagher, Robinhood's chief legal officer, joins 'Squawk Box' to discuss why certain companies have gotten upset about proposed AI rules from the SEC, how the rule could be rewritten to appease G...
Robinhood Begins Pulling Customers From Larger Brokers
Robinhood has reportedly begun enticing customers from more established brokers like Fidelity and Charles Schwab. The online trading platform has received about $1.1 billion in account transfers since...
Robinhood woos wealthier clients from bigger brokerages- WSJ
Robinhood Markets is attracting customers from other brokerages, and is seeking to expand beyond its base of young, first-time investors, the Wall Street Journal reported on Saturday.
Robinhood Woos Wealthier Clients From Bigger Brokerages
Known for a clientele of first-time investors, the trading app has received $1.1 billion in account transfers since it started offering a 1% match.
Robinhood Markets, Inc. Reports November 2023 Operating Data
MENLO PARK, Calif., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported selected monthly operating data for November 2023:
KBW Announces Index Rebalancing for Fourth-Quarter 2023
NEW YORK, Dec. 08, 2023 (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 F...
Robinhood will benefit from bitcoin ETF, says Mizuho's Dan Dolev
Dan Dolev, Mizuho Securities analyst, joins ‘The Exchange' to discuss the success behind the Robinhood platform, why he is more optimistic about Robinhood than Coinbase, and more.
FinTech IPO Index Gains 3% as Robinhood Soars on UK Expansion
The FinTech IPO Index found some renewed momentum this past week, gaining 3% over a five-day stretch that saw platforms lead names to the upside. Robinhood shares soared 30.5% in the several sessions ...
Robinhood launches E.U. crypto-trading app in renewed push for global expansion
Robinhood Markets on Thursday launched a new commission-free crypto trading app for customers in the European Union as it makes a renewed push to expand its business outside the U.S.
Robinhood launches crypto trading service in the EU
Robinhood on Thursday launched its crypto service in the European Union, allowing users to buy and sell a range of over 25 digital currencies.
Robinhood launches commission-free crypto trading in Europe
Robinhood Markets, Inc., the renowned financial technology company, is making waves with its recent expansions. After a successful debut in the UK stock market, the company is now set to disrupt the E...
Robinhood expands crypto trading to more-regulated European Union
Robinhood Markets on Thursday launched crypto trading for customers in the European Union, expanding into a market with greater regulatory clarity at a time when crypto firms are facing intense scruti...
How Robinhood Could Beat Coinbase at Bitcoin
Robinhood revealed crypto trading volumes were up 75% month over month in November.
Robinhood CEO on crypto rally: Optimism around bitcoin ETF, changing interest rate environment
Robinhood co-founder and CEO Vlad Tenev joins 'Squawk Box' to discuss the 75% increase in crypto trading volume from October to November, what's behind the crypto rally, the state of his company, impa...
3-Stock Lunch: SBUX, HOOD & ALB
Jerry Castellini, CastleArk Management chief investment officer, joins ‘Power Lunch' to discuss three stocks: Starbucks, Robinhood and Albemarle.
Robinhood CEO says company could lead the '24/7' trading market
Financial services platform Robinhood (HOOD) has announced its plans to launch in the UK. Yahoo Finance's Brian Sozzi sat down with CEO Vlad Tenev to discuss the launch, the global market, and what Ro...
Robinhood CEO defends payment for order flow, says practice is 'here to stay'
That's despite calls from notable consumer trading advocates and regulators for a ban on the practice.
Robinhood CEO: Cleaning out bad actors in crypto is good for industry
Robinhood CEO Vlad Tenev discusses the cryptocurrency market, his outlook for a bitcoin ETF, and regulatory problems surrounding the sector.
Robinhood CEO expects a younger, tech-savvy customer base in the UK
Robinhood CEO and co-founder Vlad Tenev discusses the outlook for retail investing and how the market has changed since the Covid-19 pandemic.
Robinhood Tries Again To Offer US Stock Trading to UK Customers
Stock-trading platform Robinhood Markets Inc. (HOOD) on Thursday said it plans its international debut in the U.K. market.
Robinhood Expands Trading Platform to the UK
Much like its fictional namesake, trading platform Robinhood is now a part of the United Kingdom. The company marked its international debut Thursday (Nov. 30) as it began offering brokerage services ...
Robinhood opens in Britain with low-cost US trading to woo clients
Trading app operator Robinhood Markets Inc. said on Thursday it would roll out brokerage services in Britain, as part of an international expansion plan aimed to "democratise finance" and increase acc...
Robinhood CEO Vlad Tenev on UK Launch, Market Opportunities
Robinhood Markets has started rolling out trading of more than 6,000 US-listed stocks and other securities to British retail investors. For now, users must join a waitlist to get switched on, but the ...
Stock trading platform Robinhood to launch in UK after two failed attempts
Robinhood hood said Thursday that it's set to launch its platform in the U.K., in the company's third attempt at cracking international expansion.
Why Robinhood Wants British Customers
Digital brokerages Webull and Public have also launched in the U.K. this year.