Robinhood's Lofy Valuation: A Vote of Confidence or Cautionary Tale?

Key Takeaways HOOD trades at 67.23X forward P/E, far above the industry average of 14.81X and peers like SCHW and IBKR.Robinhood is expanding globally with product launches, crypto acquisitions and a probable Asia-Pacific hub.HOOD is diversifying beyond trading into advisory, wealth management, banking and prediction markets.Robinhood Markets’ (HOOD) shares are trading at a massive premium to the industry. At present, the company has a forward price/earnings (P/E) of 67.23X compared with the industry averag ...