Zinger Key Points Barclays upgrade sees Robinhood shifting from a meme stock to a competitive player, driven by new products and global expansion. Analyst forecasts Robinhood’s FY24 revenues at ...

Barclays analyst Benjamin Budish upgraded Robinhood Markets (NASDAQ:HOOD) from Underweight to Equal-Weight, raising the price target from $18 to $20. Over the past several years, Robinhood has ...

May 7 (Reuters) - Trading app Robinhood Markets (HOOD.O) is expected to report its highest quarterly revenue in nearly three years, helped by a steady rebound in equity markets and crypto trading.

The meme-stock craze helped make trading app Robinhood a household name, but its CEO said some users have shifted from YOLO-style bets on SPACs and crypto toward long-term, passive investing.

The meme-stock craze helped make trading app Robinhood a household name, but its CEO said some users have shifted from YOLO-style bets on SPACs and crypto toward long-term, passive investing.

Wall Street expects Robinhood's revenue to hit record highs in the second quarter as retail investors flock to its commission-free app to trade so-called 'meme stocks' and cryptocurrencies.