The most recent trading session ended with Robinhood Markets, Inc. (HOOD) standing at $40.81, reflecting a +0.62% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 0.16%. At the same time, the Dow added 0.25%, and the tech-heavy Nasdaq lost 0.06%.The company's stock has climbed by 7.85% in the past month, exceeding the Finance sector's loss of 4.27% and the S&P 500's loss of 2.7%.The upcoming earnings release of Robinhood Markets, Inc. will be of great interest t ...

MENLO PARK, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Today, Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) announced that it will release its fourth quarter and full year 2024 financial results on Wednesday, February 12, 2025, after market close. An earnings conference call will be held at 2:00 PM PT / 5:00 PM ET on the same day. A live webcast of the call and supporting materials will be available at investors.robinhood.com. Following the call, a replay and transcript will also be available on the s ...

Valuation and Market Position - Robinhood Markets' shares are trading at a forward P/E of 40.00X, significantly higher than the industry average of 13.95X [4] - HOOD stock is more expensive compared to peers like Charles Schwab (19.19X) and Interactive Brokers (25.38X) [6] - The stock has surged 206.3% year-to-date, outperforming Schwab (8.6%) and Interactive Brokers (115.9%) [38] Revenue Diversification and Growth Initiatives - Robinhood has reduced its reliance on transaction-based revenues from 75% in 2021 to nearly 50% in Q1 2024 [7] - The company plans to expand into Asia and launch Futures in early 2025, targeting a nine-figure revenue opportunity [11] - Robinhood aims to enhance its cryptocurrency offerings through tokenization and expansion into EU markets, with a 94.2% CAGR in crypto revenues from 2019-2023 [12][13] - The company introduced four new cryptocurrencies in November 2023, bringing the total to 19 [15] Strategic Acquisitions and Expansion - Robinhood acquired TradePMR for $300 million to enter the advisory space, competing with established players like Schwab and Fidelity [22] - The planned acquisition of Bitstamp in June 2024 will enhance Robinhood's crypto offerings with over 85 tradable assets [23] - In July 2024, Robinhood acquired Pluto Capital Inc to revolutionize the investment experience and launched a credit card and desktop trading platform [41] Financial Health and Shareholder Rewards - Robinhood reported cash and cash equivalents of $4.6 billion as of September 30, 2024 [17] - The company approved a $1 billion share buyback program in May 2024, with $903 million remaining for repurchase as of September 30, 2024 [16][26] Analyst Sentiments and Earnings Estimates - The Zacks Consensus Estimate for 2024 and 2025 earnings has been revised upward, reflecting positive analyst sentiment [18] - HOOD's earnings are expected to grow 231.2% year-over-year in 2024 and 21.8% in 2025 [28] - The stock is trading above its 50-day and 200-day moving averages, indicating strong upward momentum [35][36] Future Prospects and Market Sentiment - Robinhood's initiatives to diversify revenue streams and expand globally align with its long-term growth strategy [33] - The company's focus on cryptocurrency and potential deregulation under the new administration could further boost its market position [25][39] - Robinhood's Zacks Rank 3 (Hold) suggests it is a stable long-term investment [37]

Market Volatility and Trading Activity - The market has experienced record levels of volatility in recent months, with major indices fluctuating significantly since the November elections [4] - Robinhood (NASDAQ: HOOD), a digital brokerage, has benefited from the increased trading activity during this period [4] Analyst Background and Expertise - The analyst has extensive experience covering technology companies on Wall Street and working in Silicon Valley [2] - The analyst has served as an outside adviser to several seed-round startups, providing exposure to key industry themes [2] - The analyst has been a regular contributor on Seeking Alpha since 2017 and has been quoted in various web publications [2] - The analyst's articles are syndicated to company pages in popular trading apps like Robinhood [2]

Robinhood Markets, Inc. (HOOD) intends to begin offering options trading to its U.K. clients in early 2025 as it continues to expand the features on its platform to cater to customers outside the United States. Jordan Sinclair, president of Robinhood UK, stated this in an interview with Yahoo Finance UK.Rationale Behind HOOD’s OfferingOn the third-quarter 2024 conference call, Robinhood announced receiving approval from the Financial Conduct Authority for offering options trading. This will be the latest fe ...

Group 1: Wells Fargo - Wells Fargo is one of the four large money-center banks in the U.S., with trillions in assets and a reputation of being too big to fail, offering solid dividends [2] - The bank has been operating under an asset cap since 2018 due to a phony accounts scandal, which has restricted its ability to grow its balance sheet and generate interest income [9] - Recent developments indicate that Wells Fargo is close to having the asset cap removed, positioning the bank for growth and potential dividend increases [10] Group 2: Robinhood Markets - Robinhood Markets is recognized as a fintech and crypto-growth play, having revolutionized commission-free trading and currently managing over 24 million funded accounts with approximately $152 billion in assets [5] - The company has opportunities to expand into the crypto space and new financial instruments, benefiting from a favorable regulatory environment expected under the Trump administration [6] - Analysts at Barclays highlight Robinhood's differentiated growth opportunity, including the introduction of individual retirement accounts and potential robo-advisory services [11]

As 2024 concludes, investors await the Santa Claus rally lifting stocks in the last week of December and the January effect to kick in the following month. The January effect occurs when investors buy back into the market after taking their tax losses and selling their underperforming stocks to offset capital gains from cashing in on their winners. The net effect can be a sustained market rally throughout January. However, history is no guarantee of future results. Nonetheless, here are two financial techno ...

This brokerage is putting the old investing world to shame.Robinhood (HOOD -3.63%) is no longer a YOLO trading platform like it was during the pandemic. The company has built professional tools and is growing rapidly in retirement accounts, which is a big reason the stock is up in 2024. However, shares have a long growth runway ahead, as Travis Hoium discusses in this video.*Stock prices used were end-of-day prices of Dec. 17, 2024. The video was published on Dec. 18, 2024. ...

Subscribers to Schaeffer's Weekend Trader options recommendation service received this HOOD commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.Shares of trading platform Robinhood Markets Inc (NASDAQ:HOOD) hit a new 52-week high this past week. The stock pushed above $37, the site of a 38.2% Fibonacci retracement of its 2021 post-initial public ...

MENLO PARK, Calif., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for November 2024: Funded Customers at the end of November were 24.8 million (up approximately 420 thousand from October 2024, up approximately 1.5 million year-over-year).Assets Under Custody (AUC) at the end of November were $195 billion (up 22% from October 2024, up 106% year-over-year). Net Deposits were $5.6 billion in November, translating to a 42% ann ...