Recommendation: Buy
| Entry Date | Symbol | Recommendation | Entry Price (USD) | Target 1 (USD) | Target 2 (USD) | Holding Duration | Position Status | Return(%)* |
|---|---|---|---|---|---|---|---|---|
| 26 Nov, 25 | HOOD | Buy | USD 115.57 | USD 121.35 | USD 127.0 | Same day | Closed |
10.00%
|
*Return(%) represent the percentage change between the entry price and exit price of the recommendation.
Data Powered by EOD Historical Data (“EODHD”).
Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services. It also provides various learning and education solutions comprise Snacks, an accessible digest of business news stories for a new generation of investors.; Learn, which is an online collection of beginners' guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free, premium news from sites from various sites, such as Barron's, Reuters, and Dow Jones. In addition, the company offers In-App Education, a resource that covers investing fundamentals, including why people invest, a stock market overview, and tips on how to define investing goals, as well as allows customers to understand the basics of investing before their first trade; and Crypto Learn and Earn, an educational module available to various crypto customers through Robinhood Learn to teach customers the basics related to cryptocurrency. Further, it provides Robinhood credit cards, cash card and spending accounts, and wallets. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
Record Net Deposits: Net deposits grew from USD 10.0 billion in Q3 FY24 to USD 20.4 billion in Q3 FY25, reflecting a +104% year-over-year increase and achieving a 29% annualized growth rate
Surge in Total Net Revenues: Total net revenues increased from USD 637 million in Q3 FY24 to USD 1.274 billion in Q3 FY25, marking a +100% year-over-year increase
Elevated Cost Base: Adjusted Operating Expenses increased from USD 397 million (Q3 FY24) to USD 535 million (Q3 FY25), representing a 35% year-over-year increase
Decline in Interest on Corporate Cash and Investments: Interest on corporate cash and investments dropped to USD 39 million (Q3 FY25) from USD 67 million (Q3 FY24), a 42% year-over-year decline
The company faces heightened regulatory, market-structure, and compliance risks, particularly related to the evolving oversight of trading practices, prediction markets, crypto activities, and new financial products that could materially impact revenue streams and operating flexibility
| Entry Price | Support* | Target 1** | Target 2** |
|---|---|---|---|
| 115.57 | 104.0 | 121.35 | 127.0 |
Data Source: REFINITIV, Analysis: StockNextt
*Support can be considered as an indicative stop-loss, and if prices move below that level on closing basis individuals may evaluate exiting the position depending on their risk appetite, previous holdings, and other factors considered. The support and resistance levels may need to be re-evaluated within 4-6 weeks’ time frame depending on the stock price movements from the date of recommendation on the stock.
**Target prices may vary by ±0.5% depending on market volatility.
Strong Expansion in Customer Base: During Q3 FY25, the company recorded a significant expansion in its user ecosystem, with Funded Customers rising to 26.8 million, up 2.5 million year-over-year. This growth reflects sustained engagement from both new and existing clients and marks a new record level for the platform. The increase was supported by strong adoption of long-term investing, enhanced product offerings, and broadening international reach.
Robust Growth in Platform Assets: The company delivered a substantial increase in Total Platform Assets, which reached USD 333 billion, representing 119% year-over-year growth. This rise was attributed to elevated net deposits, acquired assets, and appreciation in equity and cryptocurrency valuations. Average assets per customer also improved, underscoring deeper wallet share and increasing customer confidence in multi-asset solutions.
Record Revenue Performance: The company’s financial performance during the quarter was notably strong, with total net revenues doubling to USD 1.274 billion, driven by growth across transaction-based revenues, net interest income, and contributions from new verticals. Transaction-based revenues surged to a record USD 730 million, supported by multi-asset trading momentum, while net interest revenue reached USD 456 million, up 66% from the prior year.
Accelerating Contribution From New Business Lines: Operationally, the company continued diversifying its revenue mix through rapid growth in newer businesses such as prediction markets and Bitstamp. Prediction markets surpassed an annualized revenue run rate of over USD 100 million within a year of launch, making it the fastest-growing product line in the company’s history. Bitstamp’s institutional volumes also expanded materially, contributing to overall trading strength.
Continued Rise in Premium Subscriber Adoption: Robinhood Gold maintained strong traction, with subscribers reaching 3.88 million, reflecting 77% year-over-year growth. Gold users demonstrated materially higher asset levels, stronger net deposit growth, and increased adoption of retirement products, which collectively supported higher monetization per account. Enhancements to Gold, including banking features and advanced trading tools, further elevated customer value.
Improved Profitability and Operating Leverage: Profitability advanced significantly, with Adjusted EBITDA increasing 177% to USD 742 million, accompanied by a margin of 58%. Net income rose to USD 556 million, up USD 406 million versus the prior year. The company also sustained disciplined expense management while continuing to invest in scalable infrastructure and strategic growth initiatives.
Strong Operational Execution and Product Velocity: Operational execution remained a core strength as the company delivered rapid product rollouts across trading, banking, and international offerings. The period saw launches across shorting, multiple brokerage accounts, expanded crypto availability, enhancements on Robinhood Legend, and advancements in tokenized assets in the EU. These innovations reinforced Robinhood’s position as a high-velocity product organization with deepening engagement among active traders and long-term investors alike.
Considering recent key business, financial updates, current trading levels, and key business risks, a ‘Buy’ recommendation has been given on Robinhood Markets, Inc (NASDAQ: HOOD) at the closing market price of USD 115.57, as on Nov 25, 2025.
Data Powered by EOD Historical Data (“EODHD”).
Sector: Financial Services Industry: Capital Markets
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| HOOD Robinhood Markets Inc |
-3.68 4.09% | 86.23 | 148.93 | - | 8.46 | 2.36 | 5.83 | -23.6524 |
| MS Morgan Stanley |
-2.29 1.24% | 182.81 | 16.50 | 13.76 | 2.80 | 1.65 | ||
| CGXYY China Galaxy Securities Co Ltd ADR |
- -% | 31.98 | 144.44 | 86.21 | 4.25 | 7.96 | ||
| SCHW Charles Schwab Corp |
-1.56 1.48% | 103.61 | 22.86 | 17.39 | 6.14 | 4.28 | ||
| GS Goldman Sachs Group Inc |
-7.485 0.79% | 938.85 | 18.44 | 10.60 | 2.83 | 1.16 |
Data Powered by EOD Historical Data (“EODHD”).
Markets are trading in a highly volatile zone currently due to certain macro-economic issues and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.
Related Risks: This report may be looked at from high-risk perspective and recommendations are provided are for a short duration. Recommendations provided in this report are solely based on technical parameters, and the fundamental performance of the stocks has not been considered in the decision-making process. Other factors which could impact the stock prices include market risks, regulatory risks, interest rates risks, currency risks, social and political instability risks etc.
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels as on November 26, 2025. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned has been achieved and is subject to the factors discussed above.
Note 4: StockNextt reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Target: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Target 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Target 2 may act as the crucial resistance level for the stock.
Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.
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