Robinhood’s Wild 2025 Ride: HOOD Stock Skyrockets 200%+, New Crypto Gambits & What’s Next
Robinhood Markets stock trades near $130, up about 250% year-to-date after joining the S&P 500 and launching new products, but down 8% last week. Q2 revenue rose 45% to $989 million, with net income more than doubling to $386 million. Paid Gold subscribers jumped 76% to 3.5 million. Wall Street remains bullish but notes valuation concerns, with most 12-month price targets below current levels.