Key TakeawaysShares of Robinhood Markets climbed Thursday after the e-brokerage posted strong user data and Deutsche Bank analysts upgraded the stock.Robinhood late Wednesday said it had 24.2 million funded customers at the end of July, up about 70,000 from June.Deutsche Bank raised its rating on the stock to "buy" from "hold," lifting its price target from $21 to $24. Shares of Robinhood Markets (HOOD) climbed Thursday after the e-brokerage posted strong user data and Deutsche Bank analysts upgraded the st ...

Robinhood isn't just about YOLO trading anymore.Robinhood (HOOD 2.96%) burst onto the scene during the pandemic as the zero-fee trading platform. But it has matured into a much more stable and expansive business with retirement now a focus. In this video, Travis Hoium talks about a strategic change for the company.*Stock prices used were end-of-day prices of Aug. 12, 2024. The video was published on Aug. 12, 2024. ...

The global selloff did a number on Robinhood Markets Inc (NASDAQ:HOOD), though the stock has been steadily climbing since then. The road to recovery started last Thursday, with a 3.6% post-earnings pop after the fintech company's upbeat earnings. Today, HOOD was last seen up 1.3% at $18.16, and earlier traded as high as $18.56, after Piper Sandler noted the recent pullback as a "buying opportunity" and lifted its rating to "overweight" from "neutral." Despite the recent rally, Robinhood stock has yet to com ...

Robinhood Markets reportedly submitted a response to a Securities and Exchange Commission (SEC) Wells Notice that it received in May, which warned the company of impending enforcement action related to its cryptocurrency business.Vlad Tenev, CEO of Robinhood, told Bloomberg Television about this move in a Thursday (Aug. 8) interview, while adding that he had no other updates to share, Bloomberg reported.“We’ve spent a lot of time making sure that the response is as high-quality as possible,” Tenev said, per ...

Robinhood Markets, Inc. (HOOD) reported $682 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 40.3%. EPS of $0.21 for the same period compares to $0.03 a year ago.The reported revenue represents a surprise of +8.05% over the Zacks Consensus Estimate of $631.18 million. With the consensus EPS estimate being $0.15, the EPS surprise was +40.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Most market participants tend to overcomplicate the art of investing. Sometimes, it is as simple as finding a business with a somewhat strong moat (whether brand or product), strong and growing financials, and selling at a discount. Recently, the S&P 500 and other stock indexes across the globe have delivered rising volatility to rock most investors’ portfolios. Now, there is no reason to panic; rather, stick to the fundamentals.Robinhood Markets TodayHOODRobinhood Markets$17.00 -0.12 (-0.70%) 52-Week Range ...

Despite opening strong, Robinhood (NASDAQ:HOOD) stock has dipped just slightly into the red this morning. Yesterday, after the market closed, the securities broker reported stronger-than-expected second-quarter results. So, this morning’s negative sentiments aside, here are five reasons for HOOD stock owners to feel bullish about the company’s Q2 performance:The firm’s top and bottom lines came in meaningfully above analysts’ average estimates. Specifically, it generated Q2 revenue of $682 million, versus a ...

Shares of Robinhood (HOOD) gained 2.5% in after-hours trading in response to better-than-expected second-quarter 2024 results. Earnings per share of 21 cents handily surpassed the Zacks Consensus Estimate of 15 cents. Also, the figure compared favorably with 3 cents earned in the prior-year quarter.Results benefited substantially from the crypto-trading boom, higher net interest income and a jump in Gold subscribers. Also, the company witnessed improvement in Monthly Active Users (MAU). However, a rise in e ...

Robinhood Markets, Inc. (HOOD) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced earnings of $0.18, delivering a surprise of 260%.Over the last four quarters, the compa ...

财务数据和关键指标变化 - 总营收同比增长40%至6.82亿美元,创历史新高 [13] - 调整后EBITDA同比增长约一倍至3.01亿美元,增量利润率达77% [13] - 调整后EBITDA利润率扩大13个百分点至44% [13] - 净利润1.88亿美元,每股收益0.21美元,同比增长7倍 [13][14] - 过去12个月营收超过22亿美元,调整后EBITDA超过8亿美元,均创新高 [14] 各条业务线数据和关键指标变化 - 客户资产规模达1400亿美元,同比增长57% [15] - 第二季度新增存款13亿美元,环比增长41% [15] - 退休账户资产规模近90亿美元,环比翻倍 [15] - 现金存款余额达210亿美元,同比增长76% [15] - Robinhood Gold订阅用户达200万,同比增长超60% [16] 各个市场数据和关键指标变化 - 美国股票和期权交易量同比增长,加密货币交易量有所下降 [17] - 证券借贷业务和其他收入有所增长 [17] 公司战略和发展方向及行业竞争 - 公司三大战略重点:1)成为活跃交易者市场的领导者 2)提高客户钱包份额 3)国际扩张 [8][23] - 在活跃交易者市场,公司通过降低保证金利率获得了20%以上的保证金余额增长 [10][11] - 公司计划在10月举办首次"Hood Summit"活跃交易者大会,推出新产品 [12] - 公司正在加快国际扩张,在英国推出经纪业务,在欧盟扩展加密货币业务 [83][84] - 公司通过收购Bitstamp和Pluto加速加密货币和AI领域的创新 [20] 管理层对经营环境和未来前景的评论 - 管理层对公司在活跃交易者市场、提高客户钱包份额和国际扩张三大战略重点上的进展表示满意 [8][23] - 管理层认为公司有望继续保持20%以上的有机增长,并有信心在不同利率环境下保持盈利能力 [21][50] - 管理层表示公司在AI和工程效率方面的投入将带来持续的成本优势 [70][71] 问答环节重要的提问和回答 问题1 **Dan Dolev 提问** 询问公司24小时交易市场的进展及最近的系统故障 [36] **Vlad Tenev 回答** 公司24小时交易市场取得了不错的进展,但最近遇到了第三方交易所系统故障,公司正在与合作方合作解决 [37][38][39][40] 问题2 **Steven Chubak 提问** 询问公司加密货币业务的发展策略及监管环境的影响 [43] **Jason Warnick 和 Vlad Tenev 回答** 公司认为更清晰的监管环境将有利于公司在加密货币领域推出更多创新产品和服务,带来可观的收入机会 [44][45][46] 问题3 **Craig Siegenthaler 提问** 询问公司未来的有机增长潜力 [54] **Jason Warnick 和 Vlad Tenev 回答** 公司有信心保持20%以上的有机增长,并有进一步加速的空间,尤其是在活跃交易者市场的创新上 [55][57][58][59]