Bull of the Day: Robinhood Markets (HOOD)

Core Insights - Robinhood Markets (HOOD) provides a platform for trading stocks, options, crypto, futures, and retirement investments, currently holding a Zacks Rank 1 (Strong Buy) with a positive EPS outlook [1][7] Company Performance - Robinhood's latest quarterly results set records, exceeding consensus EPS and sales estimates by 19% and 5% respectively, with sales growing 100% year-over-year to a record $1.3 billion and adjusted EPS increasing by 260% [3][6] - The company achieved net deposits of $20 billion, marking a quarterly record, and reached 3.9 million Gold subscribers, an all-time high [4][6] - Robinhood now operates eleven business lines, each generating over $100 million in annualized revenues, with average revenue per user (ARPU) rising 82% year-over-year [4][6] Revenue Breakdown - Transaction-based revenues increased by 129% compared to the previous year, with significant growth in crypto (300%), options (50%), and equities (86%) revenues [5][6]