HOOD
NASDAQ
Financial Services
$112.73
USD
+$4.08 (+3.76%)
At close: Jul 1, 2026, 4:00 PM EDT
Market Cap:
$101.60B
Volume:
41.1M
Previous Close
$108.65
Day Range
$110.93 - $120.05
52 Week Range
$63.52 - $153.86
Average Volume (10 Days)
34.7M
P/E Ratio
53.96
Dividend Yield
0.00%
Robinhood Markets, Inc is a financial services platform, which engages in the provision of retail brokerage and offers trading in U.S. listed stocks and Exchange Traded Funds, related options, and cryptocurrency trading, as well as cash management, which includes debit cards services. The company is headquartered in Menlo Park, California and currently employs 2,900 full-time employees. The company went IPO on 2021-07-29. The company uses technology to provide access to the financial system. Its offerings include Brokerage, Robinhood Crypto, Custody, Robinhood Wallet, Robinhood Gold, and Robinhood Gold Card. Its Brokerage services include investing, options trading, fractional trading, recurring investment, access to investing on margin, fully paid securities lending, cash sweep, instant withdrawals, Robinhood retirement, 24-hour market, joint investing accounts, and event contracts. The company also offers a variety of ways for its customers to grow their financial knowledge, including Robinhood Learn, In-App Education, Newsfeeds, Sherwood Snacks, and Crypto Learn and Earn. Its self-clearing system, order routing system, data platform, and other back-end infrastructure deliver the capabilities that allow its customers to focus on investing, saving and spending.
CEO
Mr. Vladimir Tenev
Headquaters
Menlo Park, CALIFORNIA, US
Founded
2021
Employees
2,900
Barclays reiterated an Overweight rating on Robinhood following the company's London event, where it unveiled global expansion plans including crypto trading in the U.K., perpetual futures in 30 European countries, and new AI-driven products. The firm also quietly added foreign transaction fees to its popular Gold Card for new users.
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Robinhood's stock has climbed approximately 42% since late May following the launch of its AI-powered trading tools. CEO Vlad Tenev reported that over 50,000 customers have opened accounts using the agentic trading feature, executing millions of dollars in daily trades within the first few weeks.
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Robinhood secured regulatory approval to operate as an IPO underwriter, positioning it to compete with Wall Street giants for lucrative deal fees. The company also experienced record traffic during SpaceX's historic $75 billion IPO, where it distributed shares to retail investors. Despite a Q1 miss, analysts remain bullish on Robinhood's product monetization path.
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Charles Schwab upgraded its 2025 revenue and margin forecasts at its Investor Day, prompting three analyst price target increases. The brokerage plans to use AI to serve less-affluent customers, signaling expansion beyond its traditional client base while maintaining strong profitability metrics.
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Robinhood launched Agentic Trading and the Agentic Credit Card, enabling AI agents to autonomously execute stock trades and make purchases for users. The products use the Model Context Protocol (MCP) to connect third-party AI agents to dedicated, isolated accounts with user-controlled spending limits and instant disconnect options.
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