HOOD · NASDAQ · Financial - Capital Markets

Robinhood Markets (HOOD)

Retail financial platform spanning brokerage, crypto, derivatives, banking, and wealth management.

$123.43
vs last close+0.13 (+0.11%)
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Robinhood Markets, Inc.HOOD
Financial sector

Provides retail brokerage, crypto trading, derivatives, banking, credit-card, subscription, and advisory services, with Bitstamp, WonderFi, and TradePMR extending the platform into institutional crypto and RIA custody. Revenue is driven mainly by routed-order and contract activity plus interest earned on margin loans, customer cash, and securities lending.

Offers retail brokerage across stocks, ETFs, options, futures, event contracts, and crypto through mobile apps and Robinhood Legend. Robinhood Gold adds margin, cash yields, a credit card, and banking services; Robinhood Strategies and TradePMR add managed portfolios and RIA custody. Bitstamp and WonderFi extend retail and institutional crypto exchange services across Europe, the UK, Asia, and Canada, though the business remains U.S.-centered.

Combines a vertically integrated, design-led trading experience with self-clearing and order-routing infrastructure, while broadening from first-time investors toward active traders and advisory clients. Revenue comes mainly from routed orders and contract commissions, plus interest on margin loans, customer cash, credit-card balances, and securities lending, with subscriptions contributing. Results depend on trading activity, customer deposits, interest rates, market-maker and bank relationships, and extensive brokerage, derivatives, crypto, banking, and advisory regulation.

Company facts

CEOVladimir Tenev
ListedJul 29, 2021
ExchangeNASDAQ
HeadquartersMenlo Park, CA
CountryUnited States
Employees2,900
CIK0001783879
ISINUS7707001027

Market cap$110.86B
EPS (ttm)$2.27
P/E (ttm)54.32
ROE22.7%
P/B11.69
P/S22.48
Dividend yieldDiv yield
Beta3.20vs XLF 0.56

Price target$138.00+11.9%Average of 26 analysts
ConsensusBuy20 of 26 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 14, 2026Deutsche BankReiterate
Rating: Target: $136
Rating: BuyTarget: $138
Sep 11, 2026Loop Capital MarketsTarget
Target: $142
Target: $165
Sep 9, 2026Mizuho SecuritiesTarget
Target: $130
Target: $140
Sep 8, 2026Coker PalmerTarget
Target:
Target: $170
Sep 8, 2026UBSTarget
Target:
Target: $140

Next report
Nov 4, 26
in 43 days
EPS estimate
$0.53
Revenue estimate
$1.37B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Nov '25Feb '26Apr '26Jul '26Nov '26
Reported$1.01$0.37$0.42$0.61$0.66$0.38$0.62Pending
Estimate$0.42$0.33$0.31$0.54$0.63$0.39$0.44$0.53
Surprise+141.4%+13.7%+36.9%+13.4%+4.6%−1.4%+40.9%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Nov '25Feb '26Apr '26Jul '26Nov '26
Reported$1.01B$927.0M$989.0M$1.27B$1.28B$1.07B$1.31BPending
Estimate$945.8M$920.1M$914.6M$1.21B$1.35B$1.14B$1.29B$1.37B
Surprise+7.2%+0.8%+8.1%+5.1%−5.3%−6.4%+1.7%
Estimate$0.53
ReportedDue Nov 4, 2026
Estimate$1.37B
ReportedDue Nov 4, 2026
View details

Debt to equity239.50%
Current ratio122.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$637.0M$1.01B$927.0M$989.0M$1.27B$1.28B$1.07B$1.31B
Net income$150.0M$916.0M$336.0M$386.0M$556.0M$605.0M$350.0M$561.0M
Net margin23.5%90.3%36.2%39.0%43.6%47.2%32.8%42.9%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$151.0M$558.0M$370.0M$439.0M$635.0M$650.0M$411.0M$574.0M
YoY growthTurned profit+1,760.0%+131.3%+132.3%+320.5%+16.5%+11.1%+30.8%

Balance sheet, Jun 30, 2026Cash & short-term investments $16.16B · Total debt $22.71B · Total assets $56.55B · Shareholders' equity $9.48B

Revenue
$1.31B
Operating income
$574.0M
Net income
$561.0M
View details

No dividends on record.

Institutions68.83%618.80M shares
1,537 holders · as of Jun 30, 2026
Insiders13.14%118.17M shares
14 holders · as of Sep 17, 2026
Strategic holders8.05%72.34M shares
1 holder · as of Feb 14, 2022
Other9.98%89.77M shares
remainder

899.08M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Index Ventures VI (Jersey) LP1Strategic10 percent owner
8.05%72.34Mfiled Feb 14, 2022
BlackRock, Inc.Institution
7.54%67.79M Aas of Jun 30, 2026
Baiju Bhatt2Insiderdirector
7.13%3,703 A · 46.81M Bfiled Oct 31, 2025
Vladimir Tenev3,1Insiderdirector, officer: Chief Executive Officer
5.95%53.54Mfiled Feb 14, 2023
Vanguard Capital Management LLCInstitution
5.75%51.66M Aas of Jun 30, 2026
  1. The filed share classes (A, COMMON) could not be matched to the company's, so no percentage.
  2. The filed share classes (A, B, COMMON) could not be matched to the company's, so no percentage.
  3. Vladimir Tenev reports a block also reported by another filer; it is counted once, under that filer.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 15, 2026Shiv Vermaofficer: Chief Financial Officer−11,472$110.42
Sep 10, 2026Baiju Bhattdirector−43,373$114.28
Sep 8, 2026Oluwadara Johnson Tresederdirector−1,875$125.00
Sep 3, 2026Daniel Martin Jr Gallagherofficer: Chief Legal Officer−10,000$122.43
Sep 3, 2026Steven M. Quirkofficer: Chief Brokerage Officer−24,416$120.33
View details

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Compare

CompanyPriceChange
Robinhood Markets$123.43+0.11%$110.86B54.350.722.5+32.3%
Coinbase$197.94−1.55%$53.04B302.89.6−18.5%
Charles Schwab$100.45−6.02%$185.88B19.413.96.2+20.9%
Interactive Brokers$90.11−3.33%$161.07B37.330.714.5+31.9%
SoFi$17.08+0.62%$21.77B35.423.33.9+41.0%
eToro$28.12−1.92%$2.41B10.611.30.3+9.1%
Webull$8.26+0.12%$4.39B100.629.16.4+51.2%
Median35.426.26.3+26.4%