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 ...

MENLO PARK, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced that it will be participating in the upcoming Citizens JMP Technology Conference on Tuesday, March 4, 2025. Robinhood Chairman and Chief Executive Officer Vlad Tenev is scheduled to present on Tuesday, March 4, 2025, at 11:00 AM PT / 2:00 PM ET. Interested parties may access a live audio webcast of the presentation by visiting investors.robinhood.com. Following the presentation, a recor ...

Core Insights - Fintech company Brex anticipates reaching an annual net revenue of $500 million by 2025 [1] - Brex has experienced a year-over-year revenue growth of 3x and an 80% growth in its enterprise business [2] - The company has over 150 public companies as customers, including notable names like Anthropic, Arm, Robinhood, ServiceTitan, Sonos, and Wiz [2] - CEO Pedro Franceschi indicated that Brex expects to be cash-flow positive by 2025, with an IPO likely to follow [3] - Brex has raised over $1.5 billion in transactions and was valued at over $12.3 billion at its peak in 2022 [3]

Core Insights - The Trump administration's second term has generated optimism in the cryptocurrency sector, particularly benefiting firms like Robinhood, Coinbase, Charles Schwab, and Opensea due to reduced litigation and improved regulations [1][2] Regulatory Developments - The SEC has scaled back its lawsuits against crypto firms, indicating a less aggressive regulatory approach compared to previous years [2] - Robinhood's SEC probe into its crypto business concluded without penalties, following a "Wells notice" issued in May 2024 [3] - The SEC also closed its investigation into Opensea without classifying NFTs as securities, after issuing a "Wells notice" in August 2024 [4] - Coinbase announced that the SEC has agreed to drop its lawsuit against the firm, which had alleged violations related to trading unregistered securities [5] Industry Changes - Hester Peirce has been appointed as the head of a new crypto task force by the SEC, aimed at clarifying the regulatory framework for crypto assets [6] - Paul Atkins, a pro-crypto advocate, has been nominated by Trump to become SEC chair, which is viewed positively by industry executives [6] - Charles Schwab plans to offer spot cryptocurrency trading once U.S. regulations become more favorable [7] Future Outlook - The crypto industry expects ongoing enforcement actions related to fraud, but with a shift towards targeted enforcement rather than broad crackdowns [8] - There is a demand for regulatory clarity regarding the legal categorization of cryptocurrencies and the agency responsible for their regulation [9]

Group 1 - Robinhood Markets, Inc. (HOOD) closed at $49.93, with a 4.6% gain over the past four weeks, and a mean price target of $63.59 indicating a 27.4% upside potential [1] - The mean estimate consists of 17 short-term price targets with a standard deviation of $23.11, where the lowest estimate is $18 (64% decline) and the highest is $105 (110.3% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, with a 28.1% increase in the Zacks Consensus Estimate for the current year, indicating positive earnings prospects [10][11] Group 2 - The consensus price target is often questioned for its reliability, as empirical research suggests that price targets rarely indicate actual stock price movements [5][6] - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price direction, which can be a starting point for further research [7] - HOOD currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [11][12]

Core Insights - The SEC has closed its investigation into Robinhood's crypto unit and will not pursue action, following a similar decision regarding Coinbase [1] - The SEC, under former chair Gary Gensler, had been investigating crypto exchanges for their treatment of crypto assets, particularly in relation to staking [1][2] - Staking is viewed by the SEC as a security, leading to allegations that exchanges providing this service were trading in unregistered securities [2] - Coinbase chose to contest the SEC's lawsuit, while Robinhood opted to avoid trading certain crypto assets that triggered SEC scrutiny, although it did launch a staking service in Europe [3] - The crypto industry, including exchanges like Coinbase and Robinhood, aims to leverage the current regulatory environment to establish clearer regulations [4] Group 1 - The SEC has closed its investigation into Robinhood's crypto unit and will not pursue action [1] - Coinbase's lawsuit from the SEC has also been dropped [1] - The SEC was investigating how exchanges treated crypto assets, particularly regarding staking [1][2] Group 2 - Staking involves committing crypto assets to support blockchain networks, with potential rewards [2] - The SEC views staking as a security and has alleged that exchanges providing this service are trading in unregistered securities [2] - Exchanges argue that the SEC has not established clear regulations to justify enforcement actions [2] Group 3 - Coinbase opted to fight the SEC lawsuit, while Robinhood avoided trading certain crypto assets under scrutiny [3] - Robinhood received a Wells Notice from the SEC, indicating a potential lawsuit was pending [3] - The crypto industry seeks to create regulations under a newly crypto-friendly administration [4]