Robinhood has been approved to underwrite IPOs, allowing it to play a bigger role in taking companies public beyond just offering shares to customers. This move comes as major companies like SpaceX and OpenAI prepare to go public, creating new opportunities for Robinhood's 27.7 million funded users. The company also reported strong growth with record platform assets of $377 billion and rising trading volumes. Insider buying and analyst upgrades further boost confidence in Robinhood's expanding business model and future revenue potential.
Robinhood's crypto revenue dropped to $134 million in Q1 2026, but the company increased total transaction-based revenue to $623 million, showing strong resilience and diversification. Key strategic moves like launching Robinhood Chain, acquiring Bit...
Robinhood Markets Inc. has received approval for its brokerage arm, Robinhood Securities, to act as an IPO underwriter. This development allows Robinhood to move beyond merely distributing IPO shares to retail investors and take a more active role in...
Robinhood Markets, Inc. reported robust operating data for May 2026, showing 27.7 million funded customers, up 7% year-over-year. Total platform assets reached $377 billion, a 48% increase from May 2025. Trading volumes surged with equity volumes up ...
Robinhood Markets' shares have dropped about 25% this year, but recent bullish analyst upgrades and strategic moves suggest a potential turnaround. Deutsche Bank raised its price target to $98, citing Robinhood's fast-growing prediction markets, espe...
