NEW YORK, July 5, 2026, 16:03 EDT
- U.S. equity markets are closed for the weekend. Both Nasdaq and NYSE shut on Friday for Independence Day observance.
- Robinhood finished at $112.73, an increase of 14.2% from last Friday. The Nasdaq climbed 2.1% this week.
- Robinhood said event-contract volume jumped 68% between its June 18 and June 25 data points, outpacing gains in reported equity, options and crypto activity.
Robinhood Markets, Inc. NASDAQ:HOOD heads into the week with a streamlined bull thesis but a tougher bar as investors are now expecting more than just a new offering. The stock climbed 14.2% in last week’s shortened trading, adding about $13 billion in value through Thursday’s close. Market cap finished near $100 billion.
The U.S. market stayed closed Friday and did not open Sunday. Normal hours for Nasdaq run 9:30 a.m. to 4:00 p.m. ET on weekdays, except holidays. Robinhood is set to reopen its trading window Monday unless trading is stopped again.
| Measure | Latest read | Why it matters |
|---|---|---|
| HOOD regular close, July 2 | $112.73, +3.76% | Strongest closing price ahead of the holiday break |
| HOOD move vs June 26 close | +14.2% | Stock soared, outpacing the Nasdaq by almost seven times |
| Nasdaq Composite weekly move | +2.1% | Tech names up, but HOOD beat the rally |
| S&P 500 weekly move | +1.8% | Banks and growth shares got a lift from lower yields |
| HOOD volume, July 2 | 41.2 million shares | Ran about 31% over its 65-session average |
Robinhood got a lift from the broader market on Thursday. Reuters said the Dow ended at an all-time high after weaker U.S. jobs numbers cooled talk of a near-term rate hike. “It takes the pressure off the Fed to raise rates in the short term,” said Adam Sarhan of 50 Park Investments. But the Nasdaq still dropped 0.8% that day. Shares of Robinhood added 3.8%. For the week, the move mostly came down to the stock itself. Reuters
Robinhood’s own June metrics fill in some less-watched numbers. Event contracts traded jumped from about 3.1 billion between June 1 and June 18 to around 5.2 billion by June 25. That means a 68% increase, or 2.1 billion more contracts, over one week. Equity notional, options contracts and crypto notional saw much smaller gains over the same period.
| Robinhood June metric | June 1-18 | June 1-25 | Change |
|---|---|---|---|
| Equity notional trading volume | $269 billion | $343 billion | +27.5% |
| Options contracts traded | 217 million | 274 million | +26.3% |
| Crypto notional trading volume | $12 billion | $14 billion | +16.7% |
| Event contracts traded | 3.1 billion | 5.2 billion | +67.7% |
That’s important because Robinhood’s biggest volume growth isn’t coming from the product getting the most attention. The company counts event contracts in units, not in dollars. Robinhood says each contract trades in one-cent steps up to $1 and pays $1 at settlement, so that 5.2 billion figure doesn’t match the kind of notional value from stocks or crypto. The question for investors is if those volumes will mean enough fees and repeat trading to affect revenue mix once June’s full numbers show up in the second-quarter report.
Product headlines kept driving the stock. On July 1, Robinhood said it rolled out Robinhood Chain public mainnet, stock tokens across over 120 countries, Robinhood Earn for eligible U.S. users, and boosted European perpetual futures for commodities, ETFs, and FX. Johann Kerbrat, senior vice president and general manager of crypto and international, said Robinhood was “bringing the best of traditional finance and DeFi together.” Robinhood
Robinhood is planning to roll out crypto trading in the UK and move into European perpetual futures outside of crypto, Reuters said. The company also wants to enter Canada after buying WonderFi and looks to its Singapore capital markets licence as the next step toward offering brokerage services there. Robinhood now serves over 28 million customers in 38 countries, according to Reuters.
Mizuho raised its target on Robinhood. The firm’s analyst Dan Dolev set a new price target of $130, up from $115, and left an Outperform call, TipRanks reported. Dolev said HOOD could be the first global “hyperscaler” for online brokers. That target price was about 15% higher than Thursday’s close, but still under the stock’s 14.2% rally for the week. TipRanks
Fresh capital is in play. Robinhood finished a $2.2 billion sale of 0.00% convertible senior notes due 2029 on June 25. The company spent around $290 million to buy back 2.743 million Class A shares and paid $123.2 million for capped calls. CFO Shiv Verma called the move a way to give Robinhood more “strategic flexibility to invest for future growth.” SEC
No Robinhood earnings scheduled this week. The next event is set for July 29, when Robinhood will report Q2 results after the bell. CEO Vlad Tenev and Verma plan to hold a call at 5:00 p.m. ET. Shareholders can submit questions between July 22 and July 28.
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