From Yahoo Finance: 2025-03-27 23:30:00

Robinhood Markets Inc. is launching new financial services to attract retail investors, including checking and savings accounts with a 4% APY and FDIC insurance up to $2.5 million. Robinhood Gold subscribers have early access to on-demand cash delivery. The company is also introducing Robinhood Strategies and Cortex for personalized portfolios and AI-powered market analysis.

Steph Guild, Senior Director at Robinhood Financial, highlighted the company’s positioning between traditional advisors and robo-advisors. The AI-powered platform will offer personalized portfolio displays and tailored investment recommendations through written and audio messages. Analysts are cautiously optimistic, with a consensus price target of $59.53 and potential 39.59% upside for Robinhood.

Read more: Robinhood Expands Into Banking, Will Offer Customers 4% Savings APY And Cash Home Delivery