NEW YORK, Dec. 28, 2025, 10:06 a.m. ET — Market closed
Robinhood Markets, Inc. (NASDAQ: HOOD) heads into the final stretch of the year with U.S. stock markets closed for the weekend and investors weighing a mix of year-end positioning, holiday-thin liquidity, and company-specific headlines tied to Robinhood’s crypto-heavy engagement strategy.
Robinhood shares last finished regular trading at $118.13, down 1.92% on Friday, with the stock changing hands in a $117.60–$121.32 range. Volume came in around 13.0 million shares, a level that underscores how year-end trading can amplify moves—especially in higher-beta, retail-sensitive names like Robinhood. [1]
In extended trading Friday evening, HOOD was indicated slightly lower at $117.51. [2]
The broader market setup: “Santa Claus rally” timing, light catalysts
Robinhood’s next move will also be shaped by the wider tape. On Friday, Wall Street ended a low-volume, post-Christmas session near record levels but fractionally lower on the day, as investors looked ahead to the final trading days of 2025. [3]
Ryan Detrick, chief market strategist at Carson Group, told Reuters that after a strong run, markets may be “catching our breath” and noted the seasonal “Santa Claus rally” window still had time left. [4]
That backdrop matters for HOOD because the stock tends to respond quickly to shifts in risk appetite—particularly when trading conditions are thinner and retail activity can have an outsized impact.
What’s new in the last 24–48 hours: “Hood Holidays” crypto giveaways (and glitches)
The most notable Robinhood-specific headlines over the past two days have centered on a holiday promotion that leans into crypto and app engagement:
- Dec. 27: Crypto Briefing reported that Robinhood launched its “Hood Holidays” countdown event featuring $500,000 worth of Dogecoin among the prizes, alongside items such as Rolex watches and Apple AirPods. The same report highlighted user complaints about app glitches during the brief redemption window and said Robinhood had not responded to those complaints at the time. [5]
- Dec. 28: A follow-up Crypto Briefing item said Robinhood distributed $750,000 worth of Bitcoin on the second day of the event and suggested earlier app issues appeared to have been resolved, while also noting additional prizes such as travel and luggage giveaways. [6]
For investors, the immediate market question isn’t the marketing spend—it’s whether these promotions translate into higher engagement, new funded accounts, or increased transaction activity across crypto, options, and equities, all of which feed into Robinhood’s revenue engines.
Crypto remains a key sentiment lever for HOOD
Crypto pricing can matter for Robinhood in two ways: (1) it can influence retail trading activity, and (2) it can change investor expectations for transaction-based revenue tied to crypto volumes.
As of Sunday morning, Bitcoin traded around $87,880.
While HOOD doesn’t trade over the weekend, crypto does—meaning Monday’s open can sometimes reflect sentiment that developed while equity markets were shut.
Robinhood’s business model includes multiple revenue streams tied to customer activity and balances. The Motley Fool’s Leo Sun summarized several of Robinhood’s key revenue drivers—such as payment for order flow, crypto-related revenues (rebates/spreads), net interest income, and subscription revenue from Robinhood Gold—while arguing the company’s growth and profitability trajectory has helped power the stock’s sharp run over the past year. [7]
Fresh analyses and forecasts: earnings expectations and valuation debate
Recent commentary in widely read investor outlets has stayed constructive overall, even as it acknowledges the stock’s big run:
- Zacks (Dec. 26) noted HOOD’s Friday decline outpaced the broader market’s small drop and said shares were down about 6.05% over the last month. The same piece highlighted expectations for an upcoming quarter of roughly $0.57 EPS and about $1.29 billion in revenue, and pointed to upward estimate revisions and a bullish ranking in its framework. [8]
- The Motley Fool (Dec. 26) argued Robinhood still looked “reasonably valued” relative to growth potential, while detailing how the company rebounded as rates cooled and new features expanded its ecosystem. [9]
- Nasdaq/GOBankingRates (Dec. 27) framed HOOD as one of 2025’s standout performers, citing a year-to-date surge from early January levels and pointing to improvements in operating performance and new product offerings as contributors. [10]
Next earnings: penciled in for mid-February, but watch for confirmation
Robinhood has not yet confirmed its next earnings date in the sources above, but market calendars are already clustering around mid-February 2026. Nasdaq’s earnings page and Zacks’ earnings calendar both cite Feb. 11, 2026 as an estimate (algorithm/history-based), not a company-confirmed date. [11]
That matters because, absent a major regulatory or product catalyst, the next earnings report is typically the next “hard” fundamental checkpoint where guidance, user metrics, and revenue mix can reset expectations.
Wall Street targets: a wide range depending on the dataset
Analyst target ranges for HOOD remain unusually wide—reflecting just how differently analysts handicap retail trading cycles, crypto sensitivity, and Robinhood’s ability to sustain profitability through varying market regimes.
- Benzinga’s analyst compilation lists a consensus rating of “Buy” and shows a consensus price target of $124.58, with a high target of $180 and a low of $47 (based on the set of analysts in its dataset). [12]
- Fintel’s forecast aggregation, using a different collection and update cadence, shows an average one-year price target around $155.11, with forecasts ranging roughly from $92.92 to $189.00. [13]
Investors should read that dispersion as the story: bulls are underwriting continued operating leverage and product expansion, while bears focus on cyclicality (especially crypto and retail trading volumes) and valuation sensitivity if activity cools.
If you’re watching HOOD for Monday: key items before the next session
With markets closed today, here are the practical swing factors investors will be tracking before Monday’s open:
- Monday’s U.S. data calendar (potential volatility catalyst): The New York Fed’s economic calendar flags several Monday releases, including Advance International Trade in Goods (8:30 a.m. ET), NAR Pending Home Sales Index (10:00 a.m. ET), and the Dallas Fed Manufacturing Survey (10:30 a.m. ET). [14]
- Year-end trading conditions: Friday’s session was notably light on catalysts, and low liquidity can persist into the final days of the year—making sharp intraday moves more likely in stocks tied to risk sentiment. [15]
- Earnings calendar quiet, but market-hours quirks matter: Kiplinger reported that the week of Dec. 29–Jan. 2 is expected to be largely quiet for major earnings releases, while also highlighting holiday-related market scheduling considerations around New Year’s. [16]
- Holiday closures ahead: New Year’s Day market closures can affect liquidity and positioning decisions in the final sessions of 2025. A widely followed weekly schedule roundup also notes U.S. exchanges will be closed for the New Year’s Day holiday. [17]
The weekend bottom line for Robinhood stock
Robinhood enters the next session with the stock consolidating below recent highs after an enormous 2025 run highlighted by multiple bullish retrospectives in mainstream investor commentary. [18]
In the very near term, the setup is less about a single headline and more about the intersection of (a) thin year-end liquidity, (b) risk-on/risk-off shifts tied to macro releases and index moves, and (c) crypto sentiment that can evolve while equity markets are closed. [19]
For investors heading into Monday, the most actionable approach is to track: (1) whether crypto prices and volatility meaningfully changed over the weekend, (2) whether any additional product/promotional news emerges from Robinhood’s “Hood Holidays” campaign, and (3) whether the broader market keeps supporting higher-beta fintech names as 2025 winds down. [20]
References
1. www.wvnews.com, 2. www.benzinga.com, 3. www.reuters.com, 4. www.reuters.com, 5. cryptobriefing.com, 6. cryptobriefing.com, 7. www.fool.com, 8. www.wvnews.com, 9. www.fool.com, 10. www.nasdaq.com, 11. www.nasdaq.com, 12. www.benzinga.com, 13. fintel.io, 14. www.newyorkfed.org, 15. www.reuters.com, 16. www.kiplinger.com, 17. www.calculatedriskblog.com, 18. www.fool.com, 19. www.reuters.com, 20. cryptobriefing.com
