Core Insights - Robinhood Markets reported exceptional fourth-quarter earnings for 2024, significantly exceeding analyst expectations in both EPS and revenue [2][6]. Financial Performance - The diluted EPS for Q4 2024 was $1.01, surpassing the estimate of $0.42 and showing a remarkable year-over-year increase of 3266.7% from $0.03 in Q4 2023 [3][6]. - Revenue reached $1.01 billion, exceeding the forecast of $934 million, and reflecting a substantial year-over-year growth of 115% from $471 million in Q4 2023 [3][6]. - Adjusted EBITDA was reported at $613 million, with a year-over-year increase of 361.7% from $133 million [3]. - Net income for the quarter was $916 million, a significant rise of 2953.3% compared to $30 million in Q4 2023 [3]. - Gold subscribers increased to 2.6 million, an 85.7% growth from 1.4 million in the previous year [3][7]. Business Model and Strategy - Robinhood is recognized for its commission-free trading model, appealing particularly to novice investors, while monetizing through premium services like Robinhood Gold [4]. - The company has focused on user growth and expanding financial services, including the introduction of cryptocurrency trading and enhancements in margin trading [5]. - The increase in transaction-based revenues was notably driven by the cryptocurrency segment, which surged to $358 million from $43 million [6]. User Engagement and Innovations - Average Revenue Per User (ARPU) rose to $164, indicating effective monetization strategies [7]. - The company launched new features aimed at active traders, including the Robinhood Legend platform and futures trading capabilities [8]. Future Outlook - Robinhood plans to continue growing user engagement and expanding into the Asia-Pacific market, with projected operating expenses and share-based compensation between $2.0 billion and $2.1 billion in 2025 [9]. - The strategic focus will remain on technology development, new product offerings, and geographical expansion [9].

Order Flow and Payments - Non-directed orders accounted for 100% of all orders, with market orders representing 24.35% of non-directed orders[2]. - Citadel Securities LLC received 42.09% of non-directed order flow, with net payments totaling $1,943,575.07[9]. - G1 Execution Services, LLC processed 13.00% of non-directed orders, with net payments of $118,277.34[2]. - For options, non-directed orders made up 100% of all orders, with market orders at 0.60%[12]. - Citadel Securities LLC led options order flow with 30.90% of non-directed orders and net payments of $150,403.65[13]. - The marketable limit orders for non-S&P 500 stocks were 32.59% of non-directed orders[7]. - The average net payment received for marketable limit orders was $20.01 per hundred shares for Citadel Securities LLC[13]. - The percentage of marketable limit orders for options was 31.08% of non-directed orders[12]. - The total net payment received for marketable limit orders by Citadel Securities LLC was $10,456,121.32[13]. - The non-marketable limit orders for non-S&P 500 stocks accounted for 40.86% of non-directed orders[7]. - Non-Directed Orders accounted for 100% of all orders, with 28.73% being Non-Directed Orders, 31.86% Market Orders, 30.28% Marketable Limit Orders, and 9.12% Other Orders[16]. - Citadel Securities LLC had a Net Payment Received for Market Orders of $261,250.40, with a rate of 52.6943 cents per hundred shares[17]. - Virtu Americas, LLC reported a Net Payment Received for Market Orders of $194,259.42, with a rate of 65.3213 cents per hundred shares[17]. - Non-Directed Orders for Non-S&P 500 Stocks were 100%, with 25.04% Non-Directed Orders, 32.78% Market Orders, 37.47% Marketable Limit Orders, and 4.71% Other Orders[23]. - Citadel Securities LLC had a total Net Payment of $2,174,092.49 for Non-Directed Orders, with a rate of 21.0519 cents per hundred shares[25]. - Virtu Americas, LLC's total Net Payment for Non-Directed Orders was $913,288.32, with a rate of 14.0642 cents per hundred shares[25]. - Jane Street Capital reported a Net Payment Received for Market Orders of $1,437,011.60, with a rate of 15.5221 cents per hundred shares[25]. - Two Sigma Securities, LLC had a Net Payment Received for Market Orders of $822,790.53, with a rate of 15.0873 cents per hundred shares[25]. - Non-Directed Orders in Options accounted for 100%, with 0.63% Non-Directed Orders, 30.02% Market Orders, 53.75% Marketable Limit Orders, and 15.59% Other Orders[29]. - Citadel Securities LLC received net payments of $169,553.53 for non-directed orders, with 37.23% of non-directed orders[30]. - Dash/IMC Financial Markets reported net payments of $93,141.07, with 28.85% of non-directed orders[30]. - Wolverine Execution Services, LLC had net payments of $44,150.38, with 16.78% of non-directed orders[30]. - Virtu Americas, LLC reported net payments of $248,744.94, with 46.22% of non-directed orders[33]. - Jane Street Capital received net payments of $171,566.88, with 13.38% of non-directed orders[33]. - Two Sigma Securities reported net payments of $76,144.03, with 7.46% of non-directed orders[33]. - Citadel Securities LLC passed 80% of revenue to its affiliated clearing firm, indicating a significant revenue-sharing model[31]. - The market orders as a percentage of non-directed orders for S&P 500 stocks was 30.72%[32]. - Non-directed orders accounted for 28.24% of all orders in the S&P 500 stocks summary[32]. - Non-directed orders as a percentage of all orders for non-S&P 500 stocks was 24.68%[38]. - Non-directed orders accounted for 100% of all orders, with market orders representing 0.67% of non-directed orders[43]. - Citadel Securities had a net payment received for market orders of $12,165,147.58, translating to 40.46 cents per hundred shares[44]. - Wolverine Execution Services reported a net payment received for market orders of $4,014,102.50, at a rate of 37.80 cents per hundred shares[45]. - Global Execution Brokers had a net payment received for market orders of $3,072,667.08, equating to 38.33 cents per hundred shares[45]. - Morgan Stanley reported a net payment received for market orders of $4,744,627.17, at a rate of 37.97 cents per hundred shares[45]. - Dash/IMC Financial Markets had a net payment received for market orders of $8,886,980.98, translating to 35.34 cents per hundred shares[44]. - The overall marketable limit orders accounted for 54.37% of non-directed orders[43]. - The percentage of non-marketable limit orders was 15.19% of all orders[43]. - The total net payment paid/received for marketable orders was $176,865.22 for Citadel Securities[44]. - The report indicates that RHF passes 60% of revenue to its affiliated clearing firm, Robinhood Securities, LLC[46].

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 ...

Shares of Robinhood Markets (HOOD) touched a three-year high of $57.27 during yesterday’s trading, a couple of days before the release of its fourth-quarter and full-year 2024 results. The company is scheduled to announce results tomorrow after market close.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Robinhood’s third-quarter performance was impressive. Results benefited from the crypto-trading boom, higher net interest income (NII) and a jump in Gold subscribers. These drove th ...

Group 1 - Robinhood Markets, Inc. (NASDAQ: HOOD) has experienced a significant increase of 211% since the publication of a Strong Buy recommendation on May 4, 2024 [1] - The company has options (leaps) with an expiration date in January 2026 [2] Group 2 - The analysis is based on a decade of experience in stock market trading, focusing on equities and options in the Tech and Healthcare sectors [1] - The analyst employs research and technical analysis to inform investment strategies, maintaining a diverse long portfolio and trading options opportunistically [1]

划重点 ① Robinhood 的加密业务崛起，源于公司多年积累的三大优势：从零佣金模式建立的庞大年轻 用户基础、产品创新背后的基建基础和技术实力，以及在 Meme 股热潮时期培养的用户投资习 惯。 ② 近几份季度财报表明，Robinhood 的 2024 年股价大涨离不开加密业务超预期复苏。尤其是 2024 年第三季度加密收入同比暴增 165% 至 6100 万美元，与期权交易一起成为公司收入增长的 双引擎。 ③ 展望未来，Robinhood 在欧盟和英国市场的布局，加上其核心用户群（千禧一代和 Z 世代） 是加密货币最活跃的参与者，以及特朗普新政的监管放松倾向和加密潜在利好，都将为其加密 业务带来可观增长空间。 RockFlow 本文共2640字， 阅读需约11分钟 在加密市场 24 小时不眠的交易狂潮中，有一个名字正在被越来越多的投资者提起—— Robinhood。这个由两位斯坦福学生创立的金融科技平台，不仅用零佣金模式撬动了传统华尔街， 更在加密领域开创出一片新天地。 当 Baiju Bhatt 和 Vlad Tenev 在经历 75 次融资失败后依然坚持梦想时，他们可能未曾想到， Robinhood ...

Analysts on Wall Street project that Robinhood Markets, Inc. (HOOD) will announce quarterly earnings of $0.42 per share in its forthcoming report, representing an increase of 1300% year over year. Revenues are projected to reach $927.78 million, increasing 97% from the same quarter last year.Over the last 30 days, there has been an upward revision of 16.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their in ...

As an analyst, I aim to assess which picks I've made right and wrong. While I've accurately estimated many trends, others, such as the ongoing rise in technology-growth stocks, surprised me. One of the most notable examples isHarrison is a financial analyst who has been writing on Seeking Alpha since 2018 and has closely followed the market for over a decade. He has professional experience in the private equity, real estate, and economic research industry. Harrison also has an academic background in financi ...

The cryptocurrency market faced an unexpected roadblock last week as fears of a trade war escalated following President Donald Trump’s tariff announcements on Mexico, Canada and China. However, the fears have subsided over the past couple of days after Trump decided to pause the tariffs on Canada and Mexico for a month following extensive negotiations.Also, last week, the emergence of Chinese AI startup DeepSeek, which has challenged the U.S. dominance in artificial intelligence, saw cryptocurrencies, parti ...

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Robinhood Markets, Inc. (HOOD), and emphasizes the importance of using these recommendations in conjunction with other analytical tools like the Zacks Rank to make informed investment decisions [1][4][12]. Group 1: Brokerage Recommendations - Robinhood Markets has an average brokerage recommendation (ABR) of 1.64, indicating a consensus between Strong Buy and Buy, with 61.1% of recommendations being Strong Buy and 11.1% being Buy [2][12]. - Despite the positive ABR, the article cautions against making investment decisions solely based on this metric due to the historical ineffectiveness of brokerage recommendations in predicting stock price increases [4][9]. - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings, often issuing five "Strong Buy" recommendations for every "Strong Sell," which may mislead retail investors [5][9]. Group 2: Zacks Rank vs. ABR - The Zacks Rank is presented as a more reliable indicator of a stock's near-term price performance, driven by earnings estimate revisions, and is classified into five groups from Strong Buy to Strong Sell [7][10]. - Unlike the ABR, which is based solely on brokerage recommendations and may not be timely, the Zacks Rank reflects real-time changes in earnings estimates, making it a more current tool for predicting future price movements [8][11]. - For Robinhood Markets, the Zacks Consensus Estimate for the current year has increased by 20.5% over the past month, leading to a Zacks Rank of 1 (Strong Buy), suggesting strong potential for stock price appreciation [12][13].