Robinhood stock hits record high with strong earnings and positive analyst outlook

From Yahoo Finance: 2025-06-26 07:00:00

Popular trading platform Robinhood (HOOD) hit a new record high of $85.55 on June 25, driven by renewed interest in crypto and a 16% rise in Bitcoin prices this year. The platform, known for commission-free trading, has a market cap of $72.6 billion and has seen a 273% increase in the past year.

Robinhood impressed with a strong Q1 2025 performance, boasting a 50% revenue surge to $927 million. Transaction-based revenues soared 77% to $583 million, with 25.8 million funded customers and $221 billion in platform assets. The platform is evolving with AI tools, banking upgrades, and advisory services.

Analysts predict Robinhood’s EPS to grow by 38.1% in Q2 to $0.29 and by 12.8% for 2025 to $1.23. The stock has a consensus rating of “Moderate Buy,” with a Street-high target of $105, indicating a potential 28% upside from the current price level. Analysts are optimistic about Robinhood’s earnings growth trajectory.

Sristi Suman Jayaswal, the author, has no positions in the stocks mentioned. The information provided is for informational purposes only. For more details, the article was originally published on Barchart.com. Robinhood’s stock is attracting attention with its record high, strong earnings, and positive analyst outlook.

Read more: Robinhood Just Hit a New Record High. Is It Too Late to Buy HOOD Stock?