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 ...

Since I published my first article on May 4, 2024, with a Strong Buy recommendation, Robinhood Markets, Inc. (NASDAQ: HOOD ) has run up an impressive 211%, and the leaps I purchased at the time of the publicationWith a decade of experience in stock market trading, I specialize in equities and options, particularly in the Tech and Healthcare sectors. Armed with a Master's degree in Economics, I leverage research and technical analysis to inform my strategy. I maintain a diverse long portfolio and opportunist ...

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].

Robinhood Markets Inc. (HOOD) shares reached an all-time high of $52.06 on Friday. However, concerns over DeepSeek have triggered a broader market sell-off, pushing the stock below the $50 mark.DeepSeek, a China-based open-source artificial intelligence (AI) company, unveiled its first model, DeepSeek R1, on Monday. It claimed that the product was created at a fraction of the cost compared with its U.S. counterparts like OpenAI’s GPT-4, Meta’s Llama and Google’s Gemini. The news sent shockwaves through the ...

WINDSOR, Conn., Jan. 29, 2025 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Robinhood Markets, Inc. ("Robinhood") (Nasdaq: HOOD), a financial services company, has joined RolloverCentral® as an IRA provider. SS&C's RolloverCentral platform connects the account opening systems of IRA providers like Robinhood with the processing platforms of third-party administrators to create a simple, secure rollover process for participants."We are pleased to join RolloverCentral as ...

Company Overview - PropNotes focuses on providing high-yield investment opportunities for individual investors, leveraging expertise from professional proprietary trading to simplify complex concepts and offer actionable advice [1] - The company aims to empower investors to make informed decisions in the market through expert research and analysis [1] Analyst Position - The analyst holds a beneficial long position in HOOD shares, either through stock ownership, options, or other derivatives [2] - The article reflects the analyst's personal opinions and is not influenced by compensation or business relationships with mentioned companies [2] Platform Disclosure - Seeking Alpha emphasizes that past performance does not guarantee future results and does not provide specific investment recommendations [3] - The platform clarifies that its analysts are third-party authors, including both professional and individual investors, who may not be licensed or certified by regulatory bodies [3]