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) remains well-positioned for growth driven by lower rates, opportunistic acquisitions and rising transaction-based revenues. However, high regulatory risks alongside significant share-based compensation (SBC) expenses remain concerns.Tailwinds For HOODInterest Rate Cuts to Aid Revenue Growth: Robinhood’s transaction-based revenues are likely to grow amid interest rate cuts as investors seek better returns by diversifying their portfolios into capital markets and alternative inv ...

In this podcast, Motley Fool analyst David Meier and host Mary Long discuss:What merger rumors signal about Nissan's business. (Note: This podcast was recorded before Nissan and Honda announced their plans.)How retailers are leaning into the holiday spirit.Advice for a seasonal decoration company.Then Stephanie Guild, Robinhood's head of investment strategy, joins Motley Fool host Ricky Mulvey to discuss her outlook for 2025 and what's excited Robinhood investors in the past year.To catch full episodes of a ...

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 ...

Robinhood Markets (HOOD 3.76%), the online brokerage that popularized commission-free trading, went public in July 2021 at $38 a share. Its stock hit an all-time high of $70.29 less than a week later, but it dropped below $7 by the following June.Robinhood's stock plummeted as rising interest rates curbed the market's appetite for the higher-risk stocks, options, and cryptocurrencies that have driven most of its growth during the pandemic. However, its stock recovered over the following two years as interes ...

Thanks to fractional shares and commission-free trading, anyone can invest these days, whether you've got $200 or $2 million. Investing can be risky and time-consuming, so it's a good idea to start investing as early as possible and with a smaller amount of money so your losses don't impact you too much financially.It's generally a good idea to invest only what you can afford to lose, especially if you're considering putting your money into individual stocks. That way, you can gain investing experience firs ...

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 ...

November was another great month for Robinhood.Robinhood's (HOOD -3.63%) most recent data release showed another great month of momentum in November, and that should keep the company growing in 2024. In this video, Travis Hoium shows why this remains one of the hottest stocks in fintech.*Stock prices used were end-of-day prices of Dec. 16, 2024. The video was published on Dec. 17, 2024. ...