MENLO PARK, Calif., March 11, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for February 2025. Please note that the following operating data does not include TradePMR, which we acquired on February 26, 2025, or futures trading volumes. Funded Customers at the end of February were 25.6 million (up approximately 150 thousand from January 2025, up approximately 2 million year-over-year). Assets Under Custody (AUC) at the end of Februa ...

Robinhood Markets Inc.’s (HOOD) units — Robinhood Financial and Robinhood Securities — have to pay $26 million to settle Financial Industry Regulatory Authority (“FINRA”) allegations for failing to respond to red flags about potential misconduct and not verifying the identities of thousands of customers.Also, FINRA has ordered Robinhood Financial to pay $3.75 million in compensation to the trading platform’s customers.Details of Allegation Against HOODFINRA found that Robinhood Financial provided customers ...

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Robinhood Markets, Inc. (HOOD), and highlights the potential misalignment of interests between brokerage analysts and retail investors [1][4]. Group 1: Brokerage Recommendations - Robinhood Markets has an average brokerage recommendation (ABR) of 1.67, indicating a consensus between Strong Buy and Buy, with 12 out of 20 recommendations classified as Strong Buy (60%) and 2 as Buy (10%) [2]. - The article suggests that relying solely on the ABR for investment decisions may not be advisable, as studies indicate that brokerage recommendations often fail to guide investors effectively towards stocks with high price appreciation potential [4][9]. Group 2: Analyst Bias and Zacks Rank - Brokerage analysts tend to exhibit a strong positive bias in their ratings due to vested interests, issuing five "Strong Buy" recommendations for every "Strong Sell" [5][9]. - The Zacks Rank, a proprietary stock rating tool, categorizes stocks based on earnings estimate revisions and has a proven track record in predicting near-term stock price movements, contrasting with the ABR which is based solely on brokerage recommendations [7][10]. Group 3: Earnings Estimates and Investment Potential - The Zacks Consensus Estimate for Robinhood Markets has increased by 30.3% over the past month to $1.51, reflecting analysts' growing optimism regarding the company's earnings prospects [12]. - The recent change in consensus estimates, along with other factors, has resulted in a Zacks Rank 1 (Strong Buy) for Robinhood Markets, suggesting that the Buy-equivalent ABR may serve as a useful guide for investors [13].

DENVER and MENLO PARK, Calif., March 6, 2025 /PRNewswire/ -- CQG, a leading global provider of high-performance technology solutions for market makers, traders, brokers, commercial hedgers and exchanges, and Robinhood Derivatives LLC ("Robinhood") (NASDAQ: HOOD), announced today that they have partnered to use CQG's professional-grade infrastructure to handle order routing for Robinhood Derivatives' futures customer orders. As of January 31, 2025, Robinhood has 25.5 million funded customers and assets under ...

Cryptocurrency Market Overview - The cryptocurrency rally has halted, with Bitcoin (BTC) experiencing a sharp decline of over 15% due to a selloff triggered by fears of a trade war following President Trump's announcement of tariffs [1][2][4] - Bitcoin's price fell more than 10% on a specific Monday, dropping from an all-time high of $106,533 to around $85,500 [4] - The recent decline follows a period where Bitcoin was rangebound between $95,000 and $98,000, with the selloff occurring after an initial surge related to Trump's plans for a national strategic cryptocurrency reserve [5][6] Future Outlook for Bitcoin - Experts believe the decline in Bitcoin's price is temporary, with strong potential for recovery as ongoing concerns ease [2] - Bitcoin had a stellar performance in 2024, surging over 89.7%, and is predicted to reach $150,000 this year [9] - Historically, Bitcoin has reached record highs every four years, with previous cycles showing gains of 2,300% and 1,700% before corrections of 70% to 80% [9] Recommended Stocks - **NVIDIA Corporation (NVDA)**: A major player in the semiconductor industry, NVIDIA's stock is expected to benefit from a thriving crypto market, with an expected earnings growth rate of 42.1% for the current year [10][11] - **Interactive Brokers Group, Inc. (IBKR)**: This global automated electronic broker has an expected earnings growth rate of 6.1% and is involved in cryptocurrency trading [12] - **Visa Inc. (V)**: Visa is modernizing cross-border money movement and expanding its stablecoin settlement capabilities, with an expected earnings growth rate of 12.4% [13][14] - **Robinhood Markets, Inc. (HOOD)**: Robinhood allows users to invest in various cryptocurrencies and has an expected earnings growth rate of 38.5% [15][16]

Core Viewpoint - Robinhood Markets (HOOD) and Coinbase Global (COIN) have experienced significant stock price fluctuations recently, but both companies have shown strong performance in the past two years, outperforming broader market indexes due to positive earnings estimate revisions [1][2][3]. Company Performance - Robinhood's stock reached a 52-week high of $66 earlier this month but has since declined over 20% from that peak [2]. - Coinbase shares climbed to over $300 but have fallen 30% from a near two-month high [2]. - Over the last two years, Robinhood has gained over 400% and Coinbase over 200%, significantly outperforming broader indexes [2]. Earnings Estimates - Robinhood's FY25 EPS estimates increased by 28% in the last 30 days, from $1.18 to $1.51, while FY26 estimates rose 15% from $1.47 to $1.70 [4]. - Coinbase's FY25 EPS estimates surged 110% in the last 30 days, from $3.48 to $7.32, and FY26 estimates skyrocketed nearly 200% from $2.97 to $8.72 [6]. Valuation Metrics - Coinbase is currently trading at a forward earnings multiple of 29.4X, down from a one-year high of 255.3X and a median of 54.2X [8]. - Robinhood trades at 32.4X forward earnings, below its one-year high of 89.3X and slightly below the median of 41.8X [9]. Investment Outlook - Both Robinhood and Coinbase have received a Zacks Rank 1 (Strong Buy) rating due to positive earnings estimate revisions [11]. - The recent pullback in stock prices is viewed as a healthy correction, making them attractive buy-the-dip targets given their reasonable valuations [11].

Core Viewpoint - Robinhood Markets Inc. has experienced a significant decline in share price, dropping 24% recently, attributed to decreased investor interest in cryptocurrency and broader macroeconomic uncertainties [1][2][3] Group 1: Company Performance and Strategy - Robinhood has transitioned from a brokerage focused on digital assets to a diversified financial services provider, reducing reliance on transaction-based revenues from 75% in 2021 to 56% in 2024 [6][10] - The company has made strategic acquisitions, including TradePMR for $300 million and Pluto Capital Inc., to enhance its service offerings and compete with established financial firms [8][9] - Robinhood is expanding its product range by launching a credit card, a desktop trading platform, and offering futures and index options, aiming to attract a broader customer base [9][10] Group 2: Financial Outlook - The Zacks Consensus Estimate for Robinhood's revenue is projected to grow from $3.70 billion in 2025 to $4.24 billion in 2026, reflecting a year-over-year growth of 25.3% and 14.58% respectively [11][12] - Earnings estimates have shown a positive trend, with expected growth of 38.5% and 12.7% for 2025 and 2026, respectively, indicating strong analyst sentiment [25][26] Group 3: Market Position and Valuation - Despite recent sell-offs, Robinhood's stock has increased by 23.2% year-to-date, outperforming the financial investment bank industry average of 5.8% [20] - The company is currently trading at a forward price/earnings ratio of 29.89X, significantly higher than the industry average of 13.46X, indicating a premium valuation [29] - Analysts have revised earnings estimates upward, reflecting positive sentiment and suggesting a favorable outlook for the company's future performance [23][30]

New York, NY, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Announcement: RobinHood ($HOOD Coin) is officially live! Built on the Solana blockchain, this community-driven cryptocurrency is now available for trading, empowering individuals to take control of their financial future. Why $HOOD?RobinHood isn’t just another token—it’s a movement. Inspired by the legendary outlaw who fought for fairness and equality, $HOOD Coin is designed to break down financial barriers and create an inclusive, decentralized economy. Key F ...

Robinhood Markets (HOOD -8.03%) has sent investors on a rollercoaster ride since going public in 2021. Its stock listed at $38 per share, soared to a record high of $85, and then plunged by 91% to an all-time low of around $7 -- all in less than a year.Shareholders were bullish on Robinhood's ability to attract young, first-time investors to its trading platform, where they can buy and sell stocks, options, cryptocurrencies, and more. However, since many of those clients make risky short-term bets as oppose ...

Robinhood Markets CEO Vlad Tenev reportedly said Tuesday (Feb. 25) that government regulation is good for the company’s business.Speaking with Bloomberg Television, Tenev added that the Robinhood knows how to operate in a regulated arena.“I think customers want to know that their assets are safe and that someone is watching over the companies that are providing financial services to them and holding them accountable,” Bloomberg reported Tuesday.Tenev’s comments came a day after Robinhood said that after rec ...