|Bid||0.00 x 3200|
|Ask||0.00 x 1800|
|Day's range||8.78 - 9.12|
|52-week range||6.81 - 12.76|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||10 May 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||11.61|
Robinhood Markets (NASDAQ: HOOD) shook up the financial services industry by offering "free" unlimited stock trading and a mobile-first approach. While the buzz around Robinhood has faded since its peak during the pandemic, the trading platform still carries significant influence, especially with millennials -- the age of the average account holder is estimated to be just 31. Robinhood also shares a regularly updated list of the 100 most popularly held stocks among users of the platform, making it easy for investors to know what stocks younger investors and Robinhood traders like.
Robinhood, the online brokerage known for its easy-to-use stock trading app, often attracts a younger cohort of investors looking to get started in the market. Two stocks that continue to catch the eye of Robinhood investors are Tesla (NASDAQ: TSLA) and Microsoft (NASDAQ: MSFT). Here's why investors on Robinhood's platform are right to believe in Tesla and Microsoft's market-beating potential.
For many hyped-up fast-growing businesses that hit the public markets during the frothy environment a couple of years ago, it has generally been a disappointing journey thus far. Take Robinhood (NASDAQ: HOOD), a company that was popular during the meme stock and crypto crazes. The uncertain macroeconomic environment has been a major headwind for most companies out there, but Robinhood keeps moving along.
Robinhood's free trading led to massive changes in the discount brokerage sector, but it didn't lead to big returns for shareholders.
Robinhood Markets (NASDAQ: HOOD) caught lightning in a bottle during 2020 and 2021, when the pandemic placed the U.S. population under lockdowns and put federal stimulus money into people's pockets. Its easy-to-use investment platform resonated with Gen Z, which was entering the stock market for the first time with an appetite for short-term gains. While that's a cool feature, here's why Robinhood needs to do much more to persuade me to buy its stock.
YouTube Host Matt Kohrs joins Yahoo Finance Live to discuss economic headwinds, the debt ceiling, the recession, the retail mindset, the banking crisis, meme stocks, and individual investing opportunities on Robinhood.
Cathie Wood kicked off the this trading week with a little shopping. If you find yourself settling up more of your dining experiences with a Toast device scanning your payment, you're not alone. Toast is booming these days.
(Bloomberg) -- Paul Tudor Jones sounded sentimental when he took the stage Monday night at the Robin Hood Foundation’s annual benefit. There were sprouts and blooming flowers on the giant screens as he talked about a baby the organization had supported in its early days, who’s now a father and teacher. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt Deadlock Spurs Late-Day Slide in US Stocks: Markets WrapGoogle Billionaire Sergey Brin Gifts
Before Robinhood Markets (NASDAQ: HOOD) came onto the scene with its commission-free stock trades in 2015, most brokers charged commissions in the range of $5 to $10 per trade. Now, investors can get started trading with very small initial investments and build up a portfolio with much less fear of commissions disrupting their investment strategy. This is especially true with the introduction of fractional shares years ago.
Robinhood co-founder and CEO Vlad Tenev looks to re-chart the company's future.
Dylan Ratigan, Host of TastyTrade's “Truth or Skepticism", joins Yahoo Finance Live to discuss banking, fintech companies versus legacy financial institutions, and bank regulation.
Robinhood CEO Vladimir Tenev joins Yahoo Finance Live to discuss the growth of Robinhood shares on Q1 earnings despite the decline of monthly active users, diversifying revenue streams, new product features, cryptocurrency, banking regulations, and changes investors can expect.
Yahoo Finance Live discusses a slight drop in shares of Robinhood after the company's Q1 earnings report showed a decline in transaction-based crypto revenues.
The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% compared to the figure of $8.4 billion for Q4 2022.
Yahoo Finance's Diane King Hall breaks down Robinhood's stock rise after its Q1 earnings report and announcement of a new 24-hour trading service.
Robinhood announced it will launch 24 hour trading as it continues to roll out new products in an effort to diversify its revenue. The trading platform also posted better than expected quarterly revenue and strong net deposits amid the banking turmoil.
(Bloomberg) -- Robinhood Markets Inc. said regulators are investigating the firm’s compliance with recordkeeping requirements, including employees’ use of “off-channel communications.”Most Read from BloombergJamie Dimon Says US Needs to 'Finish' the Bank CrisisTurkey Markets Rally as Candidate Withdraws Days Before VoteHedge Funds Drive Credit Suisse CDS Higher on Bets of a PayoutSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimFamily Builds $900 Million Brazil Farming Empire
Investing.com -- Stocks in focus in premarket trade on Thursday, May 11th. Please refresh for updates.
Image source: The Motley Fool. Robinhood Markets (NASDAQ: HOOD)Q1 2023 Earnings CallMay 10, 2023, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and thank you for standing by.
The headline numbers for Robinhood Markets, Inc. (HOOD) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Shares of Robinhood Markets Inc were last up 2.4% in extended trading after the company beat quarterly revenue forecasts and confirmed it would launch 24-hour trading services. The financial services platform, which came to the fore in 2021 amid the retail trading frenzy surrounding so-called meme stocks, also reported an adjusted quarterly loss of 57 cents per share, narrower than the 61-cent loss analysts expected. Of the 14 analysts covering the stock, three recommend "buy," seven say "hold," and the remaining four have "sell" ratings.
Robinhood Markets, Inc. (HOOD) delivered earnings and revenue surprises of 6.56% and 2.55%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Robinhood Markets Inc on Wednesday surpassed Wall Street estimates for first-quarter revenue, as the U.S. Federal Reserve's rapid rate hikes boosted the online brokerage's interest income. Shares of the company, which was at the center of 2021's retail trading frenzy, pared gains and were last up 2% in volatile extended trading after Robinhood also said it will launch 24-hour trading for five days a week. Fed's aggressive monetary tightening to curb stubborn inflation helped Robinhood partially offset a slump in its mainstay retail trading arm, which saw customer engagement dwindle over the past year amid market volatility.
Wall Street's rally late last week wasn't enough to get it out of the red. A bull will argue that this is the kind of pessimism that makes the stock a buy ahead of a telltale earnings report, but Yeti has fallen short of Wall Street profit targets in two of the past three quarters.
Robinhood Markets, Inc. (HOOD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.