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Why Robinhood Stock Is Soaring: A Buying Opportunity?
ZACKS· 2025-07-01 20:00
Key Takeaways HOOD stock soared 12.8% after launching new crypto products in Europe and the United States. Robinhood introduced tokenized stocks, crypto staking, and crypto futures to broaden its appeal. Bitstamp acquisition and 50% revenue growth boost HOOD's push toward full-service finance.Robinhood Markets, Inc. (HOOD) stock surged 12.8% on Monday after launching new crypto offerings for European and U.S. users. The trading platform’s shares have now spiked more than 300% in the past year, raising tho ...
HOOD Launches Tokenized Stocks in EU: Betting on Digital Asset Boom?
ZACKS· 2025-07-01 15:56
Core Insights - Robinhood Markets, Inc. has launched U.S. stock and ETF tokens for EU investors, allowing them to access over 200 U.S. equities with zero commissions and 24/5 access [1][2][10] - The company is transitioning its European app from a crypto-only platform to a comprehensive investment app powered by crypto [2] - Robinhood's strategy includes expanding its cryptocurrency offerings and pursuing regulatory licenses in the EU to enhance its market presence [3][4] Group 1: Expansion and Offerings - European investors can now access more than 200 U.S. stocks and ETF tokens through Robinhood's platform [2] - The company has launched Crypto Staking for eligible U.S. investors, starting with Ethereum and Solana [2] - Robinhood is actively pursuing Markets in Crypto-Assets Regulation (MiCA) licenses to offer crypto services across the European Economic Area, covering 27 countries [4] Group 2: Financial Performance - In May 2025, Robinhood's crypto Daily Average Revenue Trades (DARTs) increased by 66.7% year-over-year to 0.5 million, indicating strong demand for crypto trading [8][10] - The stock price of Robinhood has surged by 151.3% this year, significantly outperforming the industry average of 16.4% [13] - The company currently has a trailing price-to-book (P/B) ratio of 10.42X, compared to the industry average of 2.19X, reflecting a premium valuation [17] Group 3: Earnings Estimates - The Zacks Consensus Estimate for Robinhood's earnings indicates year-over-year growth of 12.8% for 2025 and 21.3% for 2026 [18] - Recent earnings estimates for 2025 and 2026 have been revised slightly upward, indicating positive sentiment among analysts [18]
Robinhood Markets (HOOD) Surges 12.8%: Is This an Indication of Further Gains?
ZACKS· 2025-07-01 13:00
Robinhood Markets, Inc. (HOOD) shares ended the last trading session 12.8% higher at $93.63. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 25.5% gain over the past four weeks. Robinhood stock skyrocketed to a new all-time high of $94.24 yesterday on the news of its further expansion into the cryptocurrency space. The company announced the introduction of U.S. stock and exchange-traded fund (ETF) tokens for Europe ...
Robinhood Launches Stock Tokens, Reveals Layer 2 Blockchain, and Expands Crypto Suite in EU and US with Perpetual Futures and Staking
Globenewswire· 2025-06-30 15:30
Stock Tokens We've launched US stock and ETF tokens in the EU. Crypto Perpetual Futures Introducing crypto perpetual futures in the EU. Crypto Staking Crypto staking is launching to eligible US customers, starting with Ethereum and Solana. Robinhood Presents: To Catch a Token Robinhood Presents: To Catch a Token Robinhood Stock Tokens will allow EU customers to get exposure to the US stock market Robinhood will also launch a new Layer 2 blockchain to power the tokenization of Real World Asse ...
eToro Reports First Quarter 2025 Results
Globenewswire· 2025-06-10 11:00
Core Insights - eToro Group Ltd. reported strong financial results for Q1 2025, highlighting an increase in net contribution and a focus on sustainable growth [1][3][4] Financial Highlights - Net contribution rose by 8% year-on-year to $217 million, up from $201 million in Q1 2024, primarily due to increased trading activity [6] - Net income (GAAP) was $60 million, a decrease from $64 million in Q1 2024, attributed to higher marketing and growth investments [6] - Adjusted EBITDA (non-GAAP) was $80 million, down from $87 million in the prior year, with an adjusted EBITDA margin of 37%, compared to 43% in the previous year [6] - Funded accounts increased by 14% year-on-year to 3.58 million, driven by user acquisition and retention efforts [6] - Assets under Administration grew by 21% year-on-year to $14.8 billion, compared to $12.2 billion [6] Business Developments - eToro launched new products and services, including futures in Europe and options in the UK, expanding its range of over 130 cryptoassets [7] - The company introduced a commodities portfolio in partnership with WisdomTree and launched securities lending in Europe [7] - eToro began rolling out crypto to fiat services and partnered with local financial institutions to offer virtual bank accounts [7] - The company achieved a MiCA permit from CySec, allowing it to provide crypto services across the EU, marking a significant regulatory milestone [8] Market Positioning - eToro's CEO emphasized the importance of AI in transforming the investing landscape and the company's commitment to empowering retail investors [2] - The company aims to drive sustainable growth and profitability, creating value for shareholders [2]