Robinhood (HOOD) After Hours: Indonesia Deal and Crypto Push Fuel Rally — What to Know Before the December 9, 2025 Open

Robinhood Markets, Inc. (NASDAQ: HOOD) heads into Tuesday’s U.S. session with fresh momentum after a strong move on Monday, December 8, driven by a new international expansion in Indonesia and an aggressive push deeper into crypto trading and tokenization.

Below is a detailed look at how the stock traded after the bell, what actually moved HOOD on December 8, and the key catalysts to watch before the market opens on Tuesday, December 9, 2025.

Key Takeaways Before the December 9 Open

Price action: HOOD closed Monday at $136.43, up about 3.4% from Friday’s close of $131.95, after trading between roughly $132 and $138 during the regular session. ^[1]
After-hours: As of around 6:00 p.m. ET, HOOD was changing hands near $136.75 in after‑hours trading, a modest additional gain of about 0.2%, with an extended-hours range between roughly $136.14 and $136.88. ^[2]
Catalyst #1 – Indonesia expansion: Robinhood announced plans to acquire Indonesian brokerage PT Buana Capital Sekuritas and licensed digital asset trader PT Pedagang Aset Kripto, marking its entry into one of the world’s most active retail and crypto markets. ^[3]
Catalyst #2 – Crypto growth and new products: On the same day, Robinhood detailed a major expansion of its crypto offerings, including ETH and SOL staking in New York, perpetual futures with up to 7x leverage in the EU, and 24/7 tokenized trading of more than 1,000 U.S. equities and money market funds for European users. ^[4]
Street view: Most Wall Street firms remain bullish. Depending on the data provider, average 12‑month price targets cluster in roughly the $120–$155 range, with highs near $180 and lows in the $47–$86 band. ^[5]
Technical setup: Short- and long-term moving averages are still pointing up, and one widely followed technical service expects HOOD to open around $135.51 on Tuesday and trade in a wide $132.38–$140.48 intraday band — implying potential swings of around ±6% in a single session. ^[6]
Macro backdrop: The rally comes as markets position ahead of this week’s Federal Reserve meeting, where investors widely expect another rate cut and will parse comments for hints on how long the current easing cycle may last — a key backdrop for high‑beta names like Robinhood. ^[7]

How HOOD Traded After the Bell on December 8, 2025

Regular session: solid gain on below-average volume

On Monday, December 8, HOOD finished the regular session at $136.43, up roughly 3.4% on the day. The stock traded between about $132.00 at the low and $138.09 at the high. ^[8]

Volume came in around 22–22.5 million shares, noticeably below its recent average near 39 million, according to MarketBeat and other data providers. ^[9] A rising price on lighter volume can mean some buyers stepped in aggressively, but it also suggests Monday’s move wasn’t driven by a true volume‑blowout “capitulation” on the short side.

Over the past two weeks, HOOD has gained more than 25%, rising on 8 of the last 10 trading days with daily volatility around 4–5%, based on StockInvest’s analysis. ^[10] That’s consistent with what many investors already know: Robinhood is a high‑beta, high‑volatility stock.

After-hours: modest follow‑through

In extended trading, HOOD added a bit more:

After-hours price (around 6 p.m. ET): ~$136.75
After-hours change: about +0.23% vs. the regular close
After-hours range: roughly $136.14–$136.88

Those figures come from Public.com’s after‑hours trading data, which also highlight around 22.5 million shares traded during the regular session. ^[11]

The modest after‑hours uptick suggests that:

The market is still digesting the Indonesia and crypto news rather than aggressively fading it; and
There was no obvious negative surprise after the closing bell to offset Monday’s bullish narrative.

Why Robinhood Stock Rallied: Indonesia Expansion Is the Headline

The deal

The biggest single driver of Monday’s move was Robinhood’s announcement that it will enter the Indonesian market by acquiring:

PT Buana Capital Sekuritas – an Indonesian brokerage firm
PT Pedagang Aset Kripto – a licensed digital asset trader

The deals are subject to regulatory approval and are expected to close in the first half of 2026, according to statements cited by Reuters and others. ^[12]

Financial terms were not disclosed. The Indonesian businesses themselves are small today — Barron’s notes that Buana Capital serves roughly 200 high‑net‑worth clients and the crypto trading firm currently has no active customers. ^[13] That helps explain why the stock reacted with a solid but not explosive move: investors see this as a strategic foothold, not an immediate earnings upgrade.

Why Indonesia matters

Indonesia is one of the world’s most interesting emerging markets for Robinhood’s core strengths:

More than 19 million capital-market investors and around 17 million crypto traders, according to Indonesian regulatory statistics cited by Reuters and the FT. ^[14]
A young, mobile-first population, with more than half of retail investors under 30. ^[15]
A regulatory environment that has been relatively supportive of retail participation in crypto and equities.

For Robinhood, which has already expanded into the U.K. and Europe and is building an Asia‑Pacific hub in Singapore, this is another step in a “global retail and crypto platform” strategy. ^[16]

Analysts at outlets like The Motley Fool (via Nasdaq) and StockStory framed Monday’s move as investors rewarding Robinhood for credible international expansion, especially in a market where crypto adoption is high and Robinhood’s low‑friction UX could resonate with younger traders. ^[17]

Crypto: Futures, Staking, Tokenized Stocks and Robinhood Chain

The Indonesia announcement didn’t come in isolation. On the same day, Robinhood unveiled a sweeping expansion of its crypto product suite, which is critical because:

Crypto and options activity made up about 78% of transaction-based revenue in the latest quarter. ^[18]
The company reported $232 billion in crypto trading volume and $51 billion in crypto assets under custody over the past year. ^[19]

According to Decrypt and other crypto outlets, Robinhood’s new initiatives include: ^[20]

Staking in the U.S. (starting in New York)
- Launch of Ethereum (ETH) and Solana (SOL) staking in New York on Tuesday, December 9, with plans to expand more broadly as regulators allow.
- This moves Robinhood closer to feature parity with specialist crypto platforms and opens a new, fee‑generating revenue stream tied to assets under custody.
Perpetual futures expansion in Europe
- EU users gain access to perpetual futures contracts on assets such as XRP, Dogecoin and SUI, with leverage up to 7x, extending earlier BTC and ETH futures.
- Fee tiers for high‑volume traders and enhancements to the crypto trading API are designed to attract more sophisticated, active users.
Tokenized stocks and 24/7 equity exposure (EU)
- Robinhood is rolling out over 1,000 tokenized U.S. equities, tradable 24/7 in Europe, plus money market funds via partners like J.P. Morgan.
- This builds on the company’s broader 24-hour stock trading push and begins to merge traditional equity markets with crypto-style round‑the‑clock access.
Robinhood Chain — an EVM-compatible L2
- The same Decrypt piece notes that Robinhood is formally rolling out “Robinhood Chain,” an Ethereum-compatible layer‑2 network aimed at putting stocks and other assets on‑chain and supporting an “all‑in‑one investment app powered by crypto” in Europe. ^[21]

Taken together, these moves help explain why HOOD increasingly trades as a hybrid “brokerage + crypto infrastructure + prediction markets” story rather than a simple U.S. stock brokerage.

Fundamentals: Earnings Momentum and S&P 500 Status

Robinhood’s rally isn’t just story‑driven; it’s coming off very strong recent fundamentals.

Q3 2025 results

For Q3 2025, reported on November 5, Robinhood delivered: ^[22]

EPS: $0.61 vs. $0.41 consensus
Revenue: about $1.27 billion, vs. ~$1.15 billion expected
Revenue growth:~100% year-over-year
Net margin: roughly 52%
Operating margin: around 52% with ROE near 28%

Forecast data aggregated by StockAnalysis and TickerNerd show Wall Street expecting: ^[23]

Full-year 2025 revenue: about $4.6–4.7 billion, up more than 50% year over year
Full-year 2025 EPS: around $2.07 (up ~33% from 2024)
2026 EPS: roughly $2.57, implying further mid‑20% growth

Those numbers go a long way toward justifying the stock’s current premium valuation multiples (P/E in the mid‑50s, price/sales in the high‑20s). ^[24]

S&P 500 membership and YTD performance

Robinhood’s story in 2025 has also been about graduation into the big leagues:

The company was added to the S&P 500 earlier this year, giving it a new wave of index demand and institutional visibility. ^[25]
As of early December, Reuters and Yahoo Finance data suggest the stock is up roughly 260–270% year to date, leaving many early‑2025 buyers sitting on very large gains. ^[26]

That upside is a double‑edged sword heading into any given trading day: momentum traders love it, but some long‑term holders may see any pop (like Monday’s move) as a chance to take profits or rebalance.

Wall Street Sentiment and Price Targets After Monday’s Move

Analyst coverage of HOOD has become crowded, and not all datasets line up perfectly. But the broad picture is clear: sentiment is positive, yet not unanimously euphoric.

Consensus ratings

Across various aggregators:

MarketBeat reports one Strong Buy, 14 Buy, seven Hold and one Sell rating, for a “Moderate Buy” consensus. ^[27]
StockAnalysis sees 21 analysts covering the stock with an overall “Buy” rating; its longer‑term trend data show a persistent mix of Strong Buy, Buy and Hold recommendations with at least one Strong Sell. ^[28]
TickerNerd counts about 30 analysts, with 16 Buy, 5 Hold and 2 Sell, summarizing the view as “Strong Buy” and highlighting robust profitability and growth as key supports. ^[29]

In other words, the majority of Wall Street still likes HOOD, but there is a meaningful minority of cautious or outright bearish voices.

Price targets

The exact numbers vary by source, but as of early December: ^[30]

Average or median 12‑month targets tend to fall between roughly $119 and $155 per share.
Target ranges run from lows in the $47–$86 band to highs at $180–$189.
Notable calls include:
- Needham: reiterated Buy with a $145 target on December 5.
- Citizens (JMP / Citizens):Market Outperform, lifted target to $180 in early November.
- Goldman Sachs, Mizuho, Barclays, BofA, Cantor Fitzgerald and others sitting in the $150–$170 region.

At around $136 per share, that means:

Some datasets (like StockAnalysis’ $119.62 average target) imply modest downside over the next year. ^[31]
Others (like TickerNerd’s $155 median or Nasdaq/Needham’s summaries) still imply mid‑teens upside. ^[32]

For traders heading into Tuesday, the key takeaway is that HOOD is no longer a deeply contrarian call at current levels. A lot of optimism is already priced in, even if analysts broadly still see room to run.

Technical Picture and Tuesday’s Setup: What the Charts Are Signaling

Technical analysis services tracking HOOD paint a picture of a strong but volatile uptrend: ^[33]

The stock has risen in 8 of the last 10 sessions and is up more than 27% over the past two weeks.
Daily price swings have averaged roughly 4.5–5%, placing HOOD firmly in the “high-risk, high-volatility” bucket.
Short‑ and long‑term moving averages are both trending upward, and the 3‑month MACD remains bullish.
One technical model expects HOOD to open near $135.51 on Tuesday, with a potential intraday range of $132.38–$140.48, implying possible swings of around ±6%. ^[34]

Support and resistance levels cited by technicians cluster in the low‑$130s on the downside and the high‑$130s to mid‑$140s on the upside over the very short term. If momentum remains strong, the market will likely re‑test the October 2025 high near $152–$153 in the coming weeks; if sentiment sours, a pullback toward the $120s or even low‑$110s isn’t out of the question.

Risk Factors: Regulation, SEC Fine and Crypto Sensitivity

Even as the stock rallies, several non‑trivial risks hang over the story:

Regulatory overhang and SEC fine
- In January 2025, the SEC announced that two Robinhood broker‑dealer units would pay a combined $45 million in penalties for a range of securities law violations, including recordkeeping failures, trade reporting issues, and shortcomings related to a 2021 data breach. ^[35]
- This fine, highlighted again in the FT’s coverage of the Indonesia expansion, is a reminder that Robinhood’s growth story is intertwined with heightened regulatory scrutiny. ^[36]
Crypto dependence
- A large share of Robinhood’s transaction-based revenue comes from crypto and options trading, making its earnings and share price highly sensitive to crypto volatility and risk appetite. ^[37]
- StockStory notes that HOOD has seen more than 60 sessions with 5%+ moves in the past year, and recent gains were closely tied to the rebound in Bitcoin above $90,000. ^[38]
Execution risk in Indonesia and new products
- Indonesia’s market is attractive but competitive, with local brokers and global platforms already chasing the same retail investors and crypto traders.
- Robinhood will need to localize products, navigate regulation, and scale from a small initial customer base (Buana’s 200 clients and a currently customer‑less crypto platform) to something that moves the needle at a $100B+ market cap. ^[39]

What to Watch Before the December 9, 2025 Open

For traders and investors eyeing HOOD on Tuesday morning, here are the key lenses to look through:

Overnight headlines and follow‑up analysis
- Watch for additional commentary from major outlets and sell‑side analysts on:
  - The Indonesia acquisitions and how they fit into Robinhood’s global roadmap. ^[40]
  - The impact of staking, futures and tokenized stocks on medium‑term revenue and margins. ^[41]
Futures and risk sentiment
- S&P 500 and Nasdaq futures direction ahead of the Fed meeting will likely influence high‑beta names like HOOD at the open. ^[42]
Crypto prices overnight
- Given HOOD’s tight correlation with crypto, any big overnight move in Bitcoin, Ethereum, Solana or meme coins like DOGE could color early trading. ^[43]
Pre‑market liquidity and spreads
- With HOOD’s volatility, pre‑market order books can be thin. Tight or wide bid‑ask spreads, and how much size sits near Monday’s close, will give clues about potential gap‑up or gap‑down behavior once regular trading begins.
Options activity and implied volatility
- Elevated options volume and skew can amplify intraday swings. HOOD’s status as a popular retail options ticker means gamma and short‑dated calls/puts may again set the tone.
Positioning ahead of upcoming events
- The Robinhood investor event on December 10, 2025 (flagged on the company’s IR calendar) could pull forward positioning into Tuesday and Wednesday, especially among traders betting on new product or guidance headlines. ^[44]

Bottom Line

After the bell on December 8, Robinhood stock is riding a potent mix of:

Strategic expansion into Indonesia,
Aggressive innovation in crypto and tokenization, and
Strong earnings and rapid revenue growth,

all set against a backdrop of heightened regulatory risk and very high volatility.

Heading into the December 9 open, HOOD is not a low‑profile, under‑the‑radar name anymore. It’s a high‑beta, globally ambitious fintech platform that already priced in a lot of success in 2025 — and whose next big swing will likely be driven by how convincingly it can turn new markets like Indonesia and new products like staking, futures and Robinhood Chain into sustainable, diversified profit streams.