Robinhood stock (NASDAQ:HOOD) has seen a meteoric rise in 2025, climbing over 185% year-to-date. Most of this surge occurred in the last three months, with the stock up more than 160% during that short period. After touching an all-time high of $113 on July 18, HOOD has pulled back slightly, now trading around $104. This article dives into the Robinhood stock forecast, examining earnings, expansion plans, and whether the stock is still a buy at these levels.
Robinhood Beats Expectations in Q1 Earnings
Robinhood’s first-quarter results, released on April 30, exceeded Wall Street expectations. The company reported an adjusted earnings per share (EPS) of $0.37, topping consensus estimates of $0.33. Total revenue came in at $927 million, surpassing analysts’ projections of $915.7 million and representing a 50% year-over-year increase.
Transaction-based revenue surged 77% to $583 million, while net interest revenue rose 14% to $290 million. However, adjusted EBITDA was slightly disappointing at $470 million, missing forecasts of $490.5 million. Despite that, EBITDA margin improved to 51% from 40% a year earlier—a sign of growing profitability.
User Growth Supports the Bullish Robinhood Stock Forecast
Robinhood’s platform continues to attract users. Funded accounts rose by 1.9 million to a total of 25.8 million, while average revenue per user (ARPU) increased 39% to $145. Notably, premium “Gold” subscribers nearly doubled from 1.7 million to 3.2 million. Robinhood closed the quarter with a robust cash balance of $4.4 billion, strengthening its financial foundation for future growth.
HOOD Hits All-Time High Amid Global Expansion
Robinhood has made headlines not only for its stock performance but also for its ambitious expansion strategy. The company is entering European markets and making private investments in hot names like OpenAI and SpaceX. These moves aim to bring exclusive opportunities to everyday retail investors—long considered the core of Robinhood’s mission.
According to CEO Vlad Tenev, “This presentation and these products are dual-purpose. The first purpose is obviously to deliver great products to users, but I think the second purpose is to just demonstrate very concretely how great it could be if crypto technology and traditional financial services could fully merge,” he told CNBC.
Despite this growth, Robinhood has yet to be added to the S&P 500 Index ($SPX), a benchmark that many investors watch closely. Nevertheless, the recent price action reflects optimism among traders and retail investors.
Analyst Ratings Show Mixed Sentiment
While the Robinhood stock forecast remains optimistic among some, analysts are cautious. Of the 21 analysts covering HOOD, 12 have issued a “Strong Buy,” two call it a “Moderate Buy,” six rate it a “Hold,” and one lists it as a “Strong Sell.” The average price target is $89.89, implying a potential downside of roughly 14% from current levels.
This mixed sentiment highlights a critical point: while Robinhood is performing well operationally and expanding its reach, much of the good news may already be priced in.
Should You Buy Robinhood Stock?
So, is Robinhood stock still a buy? If you believe in the company’s long-term vision—bridging the gap between retail investors and elite financial markets—the recent dip from its all-time high could present an opportunity. However, with analysts forecasting limited upside and concerns over valuation mounting, investors may want to tread carefully.
In summary, the Robinhood stock forecast suggests strong growth momentum and expansion potential, but also signals a need for caution. HOOD may still offer long-term value, especially if its European ventures and private market products continue to succeed.
Featured Image- Megapixl @ Inkdropcreative1
