Robinhood (HOOD) Stock After Hours on December 9, 2025: Crypto Push, Indonesia Deal and What to Watch Before the December 10 Open

Robinhood Markets, Inc. (NASDAQ: HOOD) ended Tuesday, December 9, 2025, just below recent highs, closing around $135.7 per share, down about 0.5% from Monday’s close, on roughly 19 million shares of volume. After the bell, the stock traded slightly higher in extended hours near the mid‑$136 area, signaling consolidation rather than a sharp reversal after a huge year‑to‑date run. ^[1]

Despite the modest dip, Robinhood remains one of 2025’s standout performers, with its share price up well over 200% year‑to‑date thanks to explosive growth in trading volumes, entry into prediction markets and inclusion in the S&P 500. ^[2]

Below is a concise, news‑driven rundown of what moved HOOD on December 9 and what traders and investors should watch before the U.S. market opens on Wednesday, December 10, 2025.

Key Takeaways at a Glance

Price action: HOOD closed around $135.7 (-0.5%), after trading between roughly $133.6 and $139.8, and ticked slightly higher in after‑hours trading. ^[3]
Position on the chart: Shares sit ~12% below their 52‑week high and more than 350% above the 52‑week low, with technical dashboards still flashing a “Buy / Strong Buy” bias on the daily timeframe. ^[4]
Fundamental backdrop: Q3 2025 earnings delivered EPS of $0.61 vs. $0.41 expected and revenue up 100% year‑on‑year to $1.27 billion, supporting a rich valuation near 56x trailing earnings. ^[5]
Growth catalysts: Fresh headlines highlighted ETH and SOL staking, leveraged crypto futures in Europe, tokenized stock trading, and the previously announced entry into Indonesia—all aimed at deepening Robinhood’s global and crypto footprint. ^[6]
Flows and sentiment:
- Options “whales” showed active but somewhat cautious positioning in HOOD. ^[7]
- Insiders continued selling, including a new Form 4 from the CTO, while institutions and even a U.S. Congressman added shares. ^[8]
Analyst outlook: Wall Street remains broadly bullish with a consensus “Buy / Moderate Buy”, but 12‑month price targets span from below the current price to 30%+ upside, reflecting a wide dispersion of views after the rally. ^[9]

1. How Robinhood Stock Traded on December 9

Closing snapshot

Close: about $135.7, down $0.72 (-0.5%) on the day.
Previous close (Dec 8):$136.43, when HOOD jumped 3.4%. ^[10]
Intraday range (Dec 9): roughly $133.6 – $139.8. ^[11]
Volume: around 18.9 million shares, below the 22–40 million‑share sessions seen around recent breakout days. ^[12]

After the bell, platforms tracking extended hours showed Robinhood trading slightly higher (around +0.1–0.3%), near the $136–136.1 zone by early evening. ^[13]

Where HOOD sits in its bigger trend

Recent data from MarketBeat and Investing.com show: ^[14]

52‑week range: approximately $29.66 – $153.86.
At about $135.7, HOOD is over 350% above its 52‑week low and roughly 12% below its 52‑week high.
Market cap: around $120–$125 billion.
Valuation: ~56x trailing earnings, with a PEG ratio near 3 and beta around 2.4, underlining both high growth expectations and high volatility.

On the technical side, Investing.com’s dashboard rates HOOD’s daily setup as “Buy” / “Strong Buy”, with: ^[15]

7 of 12 moving‑average signals on Buy,
0 indicator‑based Sell signals on the daily timeframe,
RSI around 53, suggesting neither overbought nor oversold conditions.

From a price‑action perspective, Tuesday looked less like a trend break and more like a pause near the upper end of a steep 2025 uptrend.

2. Crypto Expansion: Staking, Futures and Tokenized Stocks

The most forward‑looking development around Robinhood on December 9 came from its accelerating crypto and tokenization strategy.

A detailed report on 99Bitcoins highlighted several key moves: ^[16]

ETH and SOL staking in the U.S.:
- Robinhood announced Ethereum (ETH) and Solana (SOL) staking for U.S. customers, initially in New York, with services going live on December 9, 2025.
- Users can now earn yields by participating in blockchain validation via Robinhood’s app, without running their own infrastructure.
Perpetual futures with leverage in Europe:
- In the EU/EEA, Robinhood is rolling out perpetual futures with up to 7x leverage on assets such as XRP, Dogecoin (DOGE), Solana (SOL) and Sui (SUI), building on previous BTC and ETH listings.
Tokenized U.S. stocks and money‑market funds:
- The company is also offering over 1,000 tokenized U.S. equities and ETFs, plus access to J.P. Morgan money‑market funds, enabling 24/7 trading of “stock tokens” tied to Wall Street names.
Platform scale:
- Robinhood reported over $232 billion in platform trading volumes over the past year and framed these initiatives as steps toward becoming an “all‑in‑one investment app powered by crypto.”

Why it matters for HOOD shares before the open

Revenue mix and margins:
- Staking and perpetual futures can carry attractive fee rates, potentially boosting non‑equities revenue and margin expansion if uptake is strong.
Regulatory risk premium:
- Leveraged crypto futures and tokenized stocks also heighten regulatory complexity, especially in the U.S. where rules are still evolving. Any new guidance from the SEC, CFTC or EU regulators could be a catalyst—positive or negative.
Correlation with crypto markets:
- As Robinhood leans harder into crypto, HOOD’s day‑to‑day moves may increasingly track Bitcoin and altcoin sentiment, not just U.S. equity volumes—something traders may want to watch in overnight crypto price action before Wednesday’s open.

3. Indonesia: A New Frontier for Growth

Robinhood’s push into Indonesia, announced over the weekend and widely covered into December 9, remains a central part of the bull case.

According to Reuters and InvestorsObserver: ^[17]

Robinhood will acquire PT Buana Capital Sekuritas, a local brokerage firm, and an Indonesian licensed digital asset trader (PT Pedagang Aset Kripto / PT MDD, depending on the report).
Indonesia has over 19 million capital‑market investors and about 17 million crypto investors, a large, mobile‑first, Gen‑Z‑dominated user base.
The deals are expected to close in the first half of 2026, subject to regulatory approval from Indonesia’s Financial Services Authority.
Robinhood plans to continue serving local clients with Indonesian products while gradually introducing U.S. stocks, crypto, and its own app experience.
Company executives describe Indonesia as a “fast‑growing market for trading” and a natural extension of Robinhood’s mission to “democratize finance for all.”

What this means heading into December 10

Long‑run narrative: Indonesia is being framed as a multi‑year growth vector, not a short‑term earnings catalyst. But the market tends to re‑rate fintech names based on total addressable market (TAM) expansions, and this is one of the four most populous countries on earth with a young investor base.
Execution watchpoints: Investors will be watching for regulatory updates, integration timelines and early commentary on customer acquisition costs in Indonesia over the coming quarters. Any pre‑market headlines or analyst notes on Wednesday revisiting this deal could move the stock.

4. Flows Under the Surface: Options, Insiders and Institutions

4.1 Options “whales” show mixed, slightly cautious positioning

A Benzinga options‑flow piece on December 9 flagged notable “whale” activity in HOOD options: ^[18]

Analysts detected 21 large options trades over the last month.
About 52% of those trades were classified as bearish, despite most being calls (calls can be used in bearish spread or hedge structures).
Big single trades included six‑figure call sweeps at $122 and $127 strikes expiring December 12, 2025, plus a large $100 call expiring in February 2026.
At the time of Benzinga’s snapshot, HOOD was trading near $137.45, with volume north of 6 million shares and technical indicators edging toward overbought territory.

Taken together, the options tape suggests active speculation and hedging around HOOD’s elevated price, with traders positioning for continued volatility rather than a calm drift higher.

4.2 Insider selling vs. political insider buying

CTO’s planned sale

MarketBeat reported on December 9 that CTO Jeffrey Tsvi Pinner filed a Form 4 showing the sale of 5,865 HOOD shares on December 5 at an average price of about $132.26, totaling roughly $775,700. After the transaction, he still holds 26,725 shares. ^[19]

The filing notes this was completed under a Rule 10b5‑1 trading plan, meaning it was pre‑scheduled rather than discretionary, which somewhat softens the negative signal.

Recent pattern of insider activity

Other MarketBeat coverage points to heavy insider selling over the last 90 days, including large disposals from co‑founder Baiju Bhatt and CEO Vladimir Tenev, with insider sales totaling roughly 4.1 million shares and more than $500 million in value. ^[20]

That does not automatically mean management is bearish on the business—it can also reflect diversification after a massive share‑price run—but it is a key risk flag that many institutional investors will monitor.

A U.S. Congressman buying the dip

Balancing the insider‑selling narrative, another MarketBeat piece highlighted that Rep. Jonathan L. Jackson (D‑Illinois) disclosed buying between $15,001 and $50,000 of HOOD stock on November 6, via his Morgan Stanley trust account, along with an earlier purchase in October. ^[21]

The same article reiterates Robinhood’s 12‑month price range, market cap, and strong recent earnings beat, framing the Congressman’s trade as a vote of confidence despite insider selling at the executive level.

4.3 Institutions remain deeply involved

Another December 9 MarketBeat note showed StoneX Group cutting its HOOD stake by roughly 59% in Q2, but the same piece lists major institutions increasing or initiating large positions: ^[22]

Vanguard now owns over 75 million shares.
Geode Capital, WCM Investment Management, Norges Bank and Kingstone Capital have all built sizable holdings.
In aggregate, institutional investors own about 93% of the stock.

Additional filings surfacing on December 9 showed firms such as Q Fund Management Hong Kong, Resolute Capital Asset Partners and Winton Group initiating or increasing positions, reinforcing the narrative that big money remains heavily engaged in the name even as some holders rebalance or lock in profits. ^[23]

5. What Wall Street Expects Now: Analyst Ratings and Forecasts

5.1 Current ratings and price targets

Different data providers show slightly different aggregates, but they broadly agree on one point: analysts like the business, but views on valuation diverge.

From StockAnalysis.com (based on 21 analysts): ^[24]

Consensus rating:“Buy”.
Average 12‑month target: about $119.62, implying roughly 12% downside from Tuesday’s close.
Target range:
- Low: $47
- Median: $135
- High: $180

From MarketBeat’s aggregation (based on a slightly different set of analysts): ^[25]

Rating skew: 1 Strong Buy, 14 Buy, 7 Hold, 1 Sell → overall “Moderate Buy.”
Average target price: about $136.95, essentially in line with the current price.

From MarketWatch’s analyst‑estimate page: ^[26]

Average recommendation:“Overweight.”
Average target: roughly $155.10, about 14% above current levels.

Benzinga’s options‑flow article also notes recent Needham commentary reiterating a Buy rating with a $145 price target, underscoring that some analysts still see mid‑teens upside even after this year’s rally. ^[27]

Bottom line: depending on whose data you look at, the street’s 12‑month view ranges from mild downside to double‑digit upside, reflecting genuine disagreement about how much future growth is already priced in.

5.2 Growth forecasts and fundamentals

StockAnalysis aggregates consensus forecasts that help explain why many analysts stay positive despite high multiples: ^[28]

Revenue:
- 2024 (actual): ~$2.95B
- 2025 (forecast): ~ $4.6–4.6B (≈ 55% growth)
- 2026 (forecast): ~ $5.6B (≈ 22% growth)
EPS (GAAP / forecasted):
- 2024: $1.56
- 2025: ~ $2.07 (≈ 33% growth)
- 2026: ~ $2.57 (≈ 24% growth)

Recent earnings reports back up this growth trajectory. Across multiple outlets, Q3 numbers show: ^[29]

EPS:$0.61 vs. $0.41 consensus.
Revenue:$1.27B vs. $1.15B expected, up 100% year‑over‑year.
Net margin: about 52%, with return on equity ~22%.

These figures support analyst arguments that Robinhood is transitioning from a high‑burn growth story to a highly profitable, scaled platform—but they also justify why the stock still trades at premium P/E and PEG ratios.

6. What to Watch Before the December 10, 2025 Open

Going into Wednesday’s U.S. session, here are the key things traders and investors may focus on for HOOD:

6.1 Price levels and technical markers

Short‑term resistance:
- Tuesday’s intraday high near $139.7 serves as the first resistance level. A strong pre‑market tape pushing through that zone would confirm that buyers remain in control. ^[30]
Near‑term support:
- Tuesday’s low around $133.6 and last week’s close near $131.9 form an initial support band. A break below that range could invite profit‑taking after the huge 2025 run. ^[31]
Moving averages:
- The 50‑day moving average around $133.3 is just below spot; the 200‑day sits near $110.6. Staying above the 50‑day keeps Robinhood firmly in medium‑term uptrend territory. ^[32]

6.2 Crypto market overnight

Given the new staking and futures products and Robinhood’s growing dependence on crypto trading, crypto price action between the U.S. close and Wednesday’s open is increasingly important: ^[33]

Sharp moves in Bitcoin, Ethereum, Solana, XRP or Dogecoin could influence HOOD sentiment pre‑market.
Any regulatory headlines around staking, tokenized equities or crypto futures—especially from U.S. agencies—would be closely watched.

6.3 Follow‑up analyst commentary

The combination of:

Indonesia expansion,
crypto product launches,
options‑market “whale” activity, and
heavy insider selling alongside strong institutional demand

gives analysts plenty to write about. Updates to price targets, ratings or thematic notes (e.g., HOOD as a “crypto‑equity hybrid platform”) could hit wires before or shortly after the open.

Zacks and related outlets have already flagged Robinhood as a “trending stock” and published comparison pieces such as HOOD vs. BGC Group, suggesting HOOD will likely remain in the research spotlight. ^[34]

6.4 Macro and risk sentiment

Robinhood’s beta above 2 means it tends to magnify market moves: when indices rise, HOOD can rip; when they fall, HOOD often underperforms. ^[35]

Futures on major U.S. indices, Treasury yields and any macro data scheduled for Wednesday (inflation, labor, Fed commentary) can all filter into HOOD via risk appetite, especially given its role as a proxy for younger retail investors.

7. Key Risks to Keep on the Radar

Before the next session, it’s worth remembering the main risk themes around HOOD at these levels:

Valuation risk:
- With the stock trading at ~56x trailing earnings and forward multiples still above 50x on some estimates, any slowdown in volume growth, crypto engagement, or geographic expansion could trigger a sharp de‑rating. ^[36]
Regulatory risk:
- Robinhood’s business model sits at the intersection of retail trading, crypto, derivatives and now tokenized securities—all heavily scrutinized areas. Adverse rulings or reforms in the U.S. or EU could materially impact profitability. ^[37]
Insider‑selling overhang:
- Continued large sales from founders and executives, even when pre‑planned, can weigh on sentiment and raise questions about how management perceives the risk‑reward at current prices. ^[38]
High volatility:
- A beta near 2.4, heavy options activity and high retail participation all contribute to large intraday swings, which may not suit more conservative investors. ^[39]

Final Word (and a Quick Disclaimer)

As of the close and early after‑hours on December 9, 2025, Robinhood sits at the crossroads of explosive growth and elevated expectations:

Earnings momentum is strong.
New crypto and international initiatives could further expand its addressable market.
But valuations are rich, insider selling is notable, and the options market suggests traders are hedging as much as they’re betting on continued upside.

For anyone watching HOOD into the December 10 open, the most important inputs will likely be overnight crypto moves, any fresh analyst notes, and whether the stock can hold above the low‑$130s support band without another wave of profit‑taking.

This article is for informational and news purposes only and does not constitute financial or investment advice. Always do your own research or consult a licensed financial advisor before making investment decisions.