Robinhood will be included in the S&P 500 index starting September 22, 2025, leading to a stock price increase of 7–10% in after-hours trading. Morgan Stanley upgraded Robinhood to “Overweight” and raised its price target to $110, while Goldman Sachs increased its price target to $104. Analysts raised target prices in anticipation of Robinhood’s S&P 500 inclusion. The 6% surge in Robinhood shares is attributed to index fund buying, not retail investors. This mechanical demand is due to passive funds rebalancing portfolios, not retail trading excitement. Robinhood was founded in 2013 with a mission of accessible financial markets.

Read more at Yahoo Finance: Robinhood jumps 6% on S&P 500 debut, retail isn’t behind the rally