New York, May 27, 2026, 19:03 EDT
- Robinhood finished the session 2.9% higher at $76.23 after the broker rolled out new AI-agent trading and credit card features.
- Robinhood has kicked off the beta focusing on equities. The company said support for options, crypto, event contracts and futures will follow.
- The rally outpaced a sluggish market, with the S&P 500 edging up 0.02% and the Nasdaq gaining 0.07%. Both indexes finished at record highs.
Robinhood Markets shares gained Wednesday. The online broker announced it will allow customers to link AI agents to trade stocks and buy using a dedicated credit card, in a new push to bring more trading and banking business onto its platform through automation.
Shares finished at $76.23, gaining 2.9%. The stock hit an intraday high of $76.70 and about 25.4 million shares changed hands. The company’s market capitalization was around $69.8 billion, based on market data.
What’s at stake now is that retail finance is shifting focus. The real contest is moving off the app screen and into software that acts for people. AI agents, those assistants that do more than just respond to basic prompts, are stepping up. These digital tools can plan, decide, and now, they’re starting to handle actual transactions.
Robinhood said users are able to set up “agentic” trading accounts, put in funds for the agent, get trade alerts, and cut off the agent in the app. Model Context Protocol, or MCP, is the tech that allows third-party AI agents to plug into Robinhood’s platform. Robinhood
Robinhood CEO Vlad Tenev said in the company’s announcement, “Our mission has always been to democratize finance for all, and now, that mission extends to AI agents.” Robinhood
Robinhood is rolling out the trading product in beta with just stocks for now. The company said options, crypto, event contracts and futures should be available once the product leaves beta.
Robinhood’s card offering now allows Gold Card users to give an agent access to a virtual card, add a spending cap and require manual approval for buys. The company said the agent is able to watch prices and availability, and buy based on instructions, earning 3% cash back on purchases. Robinhood said Platinum Card support is coming later this year.
Robinhood is targeting early adopters of agents on its platform, vice president of product management for brokerage Abhishek Fatehpuria told Reuters.
Robinhood has been under the microscope as investors look to see if new products keep boosting funded accounts. In April, Robinhood reported 27.6 million funded customers, $345 billion in platform assets and $6.0 billion in net deposits. Equity and options trading volumes were up from March, but crypto volumes dropped 33%.
Goldman Sachs kept its Buy rating and $94 target after the news, calling the launch an early move to bring agents into retail brokerage and consumer finance. The bank noted it’s still tough to estimate the market since there aren’t agentic banking or brokerage products to compare.
AI isn’t just showing up in brokerage. Coinbase and Public.com are adding AI features to trading and crypto tools, and Investopedia says Google and Amazon are bringing AI to shopping, too.
But the risks are real. Robinhood warns agentic trading can wipe out an entire investment, and says AI-driven strategies might be tough to watch or shut down as they run. The company says agents can make mistakes or work with incomplete information. Robinhood also says it doesn’t control or oversee third-party AI agents, leaving customers on the hook for trades made by those bots.
Robinhood’s new tools arrive just after a shaky first quarter. Revenue was up 15% to $1.07 billion and diluted EPS ticked up 3% to 38 cents, but crypto revenue plunged 47% year over year. The company is hoping the AI-agent launch can help it find growth outside of trading patterns tied to swings in markets and crypto.
