Robinhood (HOOD 8.01%) has had its fair share of scrutiny, but the company has turned things around recently, and its progress was hard to ignore in 2024. During that year, Robinhood stock jumped 192.5%, according to data from S&P Global Market Intelligence.The company has done a good job diversifying its offerings and attracting more investors to its platform. Here's what investors need to know about its performance and what's next for the fintech.Robinhood has done a stellar job attracting capitalThrough ...

Robinhood (NASDAQ: HOOD ) first came to prominence at its launch in 2014, when it was the first brokerage to offer commission-free trading. A commission at the time would typically run you $10 - $20. For a large account, $10 isHi my name is Alex and I like investing in stocks. I will always be honest and upfront about my position sizing. I like researching stocks and investing. My goal is to provide deep and easy to understand analysis on various businesses. Before investing in stocks I used to invest in re ...

The Securities and Exchange Commission (SEC) said Monday (Jan. 13) that two Robinhood broker-dealers have agreed to pay $45 million in combined civil penalties to settle charges that they failed to observe a “broad array” of regulatory requirements.Robinhood Securities agreed to pay a $33.5 million penalty, while Robinhood Financial agreed to pay a $11.5 million penalty, the SEC said in a Monday press release.In addition, both companies admitted certain findings in the order, agreed to be censured and agree ...

In Brief Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall Street Journal on Monday.The settlement is being made via two of Robinhood’s brokerage units. One of the violations relates to Robinhood’s November 2021 confirmation that it was hacked “with more than five million customer email addresses and two million customer names taken, as well as a much smaller set of more specific customer data. ...

Two Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges by the Securities and Exchange Commission that they violated more than 10 separate securities law provisions related to their brokerage operations.The violations by Robinhood Securities LLC and Robinhood Financial LLC related to failures to report suspicious trading in a timely manner, failing to implement adequate identity theft protections, and failing to adequately address unauthorized access to ...

Two Robinhood Broker-Dealers to Pay $45 Million in Combined Penalties for Violating More Than 10 Separate Securities Law ProvisionsJanuary 13, 2025 4:30 PM EST | Source: Newsfile SEC Press DigestWashington, D.C.--(Newsfile Corp. - January 13, 2025) - The Securities and Exchange Commission today announced that broker-dealers Robinhood Securities LLC and Robinhood Financial LLC (collectively, Robinhood) have agreed to pay $45 million in combined civil penalties to settle a range of SEC charges a ...

Here's a look at where Robinhood stock stands today and whether it is a potential buy.Robinhood Markets (HOOD -1.79%) has staged an impressive comeback, with its stock soaring approximately 230% to $40 per share over the past year. Founded just 11 years ago, this online brokerage reshaped the financial landscape by introducing commission-free trading for stocks, ETFs, and options, forcing traditional players to adapt.However, its journey in the public markets has been anything but smooth. After debuting in ...

Another great year for the stock market is in the books. The S&P 500 (^GSPC -1.54%), Nasdaq Composite (^IXIC -1.63%), and Dow Jones Industrial Average (^DJI -1.63%) finished the year up 23%, 29%, and 13%, respectively.Yet some stocks put those figures to shame. So, let's examine 10 of the stock market's top performers from last year, and I'll reveal the five stocks I'm eager to buy right now. 10 stocks that more than doubled in 2024In order from the highest returns to lowest, here are 10 stocks that more th ...

Company Overview - Robinhood Markets is a new-age stock brokerage and financial services company that began trading at $38 per share in the summer of 2021, peaking at $70 before falling below $7 a year later [1] - The company has experienced significant stock price volatility, surging 240% over the past year but still barely reclaiming its IPO price [2] - Robinhood has disrupted the brokerage industry by offering commission-free trades, which most brokerages have since adopted [3] Business Model and Growth - Robinhood is evolving into a comprehensive financial platform, offering individual retirement accounts (IRAs), a credit card, and a subscription service with numerous perks [4] - The company's customer base grew by 1 million year-over-year in Q3, with a 76% jump in assets under custody (AUC) as people funded their retirement accounts [4] - Robinhood has achieved GAAP profitability, with $525 million in net income over the past four quarters on $2.4 billion in revenue [5] Revenue Streams and Financials - Margin loan interest and options fees account for 39.5% of Robinhood's total revenue through nine months of 2024 [5] - Retirement accounts, while necessary for growth, are not as lucrative as margin loans and options contracts [5] - Speculation-driven revenue, such as margin loans and options, tends to dry up during market downturns, as seen when monthly active users dropped from 21.3 million in Q2 2021 to 10.8 million in Q2 2023 [6] Market Sensitivity and Valuation - Robinhood's business is cyclical and fluctuates with the broader market, making earnings less dependable during downturns [7] - The company is attempting to generate more stable revenue from its credit card and subscription service to reduce dependence on trading activity [8] - Robinhood currently trades at a forward P/E ratio of 29, with analysts expecting earnings to grow by an average of 7% annually over the next three to five years [8] Investment Considerations - The stock's valuation is steep at nearly 30 times earnings, especially for single-digit growth, suggesting investors are betting on outperformance [10] - Given the stock's volatility and hefty valuation, it may be prudent to consider it a hold and wait for a pullback [11] - For long-term investors, a dollar-cost averaging strategy could be effective in managing the stock's volatility [11]

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 ...