Should You Buy Robinhood While It's Below $150?

Group 1 - Robinhood's stock has increased over 1,200% in the past three years due to customer growth, expanded financial services, and rising revenues [1] - The company has seen a significant rise in funded customer accounts, with a total of 26.5 million accounts as of Q2, marking a 10% increase [5][7] - Average revenue per user (ARPU) has risen 34% to $151 in the second quarter, contributing to a 45% increase in revenue to $989 million [6][8] Group 2 - Despite impressive growth metrics, Robinhood's stock is currently trading at a premium with a price-to-earnings ratio of about 62, compared to the S&P 500's average of 30 [9]