| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 10 | 49.4x | 17.8x | Bottom tier | |
Growth | 66 | 38.3% | 7.1% | Top tier | |
Quality | 96 | — | — | Top tier | |
Safety | 23 | — | — | Bottom tier | |
Capital Return | 18 | — | 2.12% | Bottom tier | |
Momentum | 62 | -20.4% | 2.9% | Around median | |
Sentiment | 62 | 16 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Robinhood Markets operates a digital financial ecosystem that has expanded from a single brokerage app into a suite of products spanning stocks, options, cryptocurrencies, and prediction markets trading, alongside Robinhood Gold, a credit card, banking services, and retirement accounts. Revenue comes from transaction-based activity, interest-earning assets such as margin loans, the credit portfolio, and bank deposits, as well as other revenue related to Gold subscriptions and new products such as Trump accounts. The company is also expanding internationally through Bitstamp, WonderFi, Robinhood Chain, and tokenized stocks available in more than 120 countries.
In Q2 fiscal 2026, Robinhood reported record revenue of $1.3 billion, up 32% year over year, net income of $561 million, and earnings per share of $0.62, up 48% year over year. Net income equaled approximately 43% of revenue, while adjusted earnings before interest, taxes, depreciation, and amortization reached $741 million, with an adjusted margin of 57% and annual growth of 35%. The performance was driven by record volumes across most asset classes, growth in interest-earning assets, and Robinhood Gold subscribers reaching a record 4.8 million.
Revenue for the twelve months ended in fiscal 2026 was approximately $4.9 billion, with net income of $2.1 billion and earnings per share of approximately $2.27, compared with revenue of $4.5 billion, net income of $1.9 billion, and earnings per share of $2.05 in fiscal 2025. In Q2 fiscal 2026, the company added nearly one million funded accounts, recorded record net deposits of $22 billion and an annual growth rate of 28%, while total platform assets approached $400 billion according to management statements.
The analyst consensus is “Buy,” with an average price target of $121, a high target of $160, and a low target of $100; the average is below the 52-week range high of $153.86, while the highest target slightly exceeds that high. No published price-to-earnings ratio is available in the data, so the valuation assessment is based on the $97.6 billion market capitalization relative to net income of $2.1 billion for the twelve months ended in fiscal 2026, and on the company's ability to sustain revenue and deposit growth and its adjusted margins.
Figures in the text are as of 2026-08-27; the live price is shown at the top of the page.
Revenue reached a record $1.3 billion in Q2 fiscal 2026, up 32% year over year, while net income reached $561 million and earnings per share reached $0.62. The company recorded record volumes across stocks, options, and prediction markets, alongside growth in margin assets, the credit portfolio, and banking services. Adjusted earnings before interest, taxes, depreciation, and amortization reached $741 million at a margin of 57%, while net deposits reached a record $22 billion.
Robinhood Chain was designed for tokenized real-world assets and, after its launch, generated more than $12 billion in decentralized exchange trading volumes and surpassed 150 million transactions. The company offers tokenized stocks in more than 120 countries, while Robinhood Earn deposits exceeded approximately $200 million at an annual yield of 7%. On August 25, 2026, Arcus launched perpetual positions represented by ERC-20 tokens on the network, with the ability to use tokenized stocks as collateral for leverage.
Robinhood expanded its sources of activity to Gold Card, banking services, retirement, prediction markets, and Robinhood Chain, and the number of its businesses with annual recurring revenue of $100 million or more reached 13 in Q2 fiscal 2026. Gold Card surpassed one million cardholders and $17 billion in estimated annual purchase volume, while bank deposits exceeded $3 billion since the launch began in November 2025. Nevertheless, transaction volumes remain important, and management indicated that cryptocurrency trading in July 2026 was slightly slower than the previous quarter's average.
Automated analysis for informational purposes only — not investment advice.
On August 20, 2026, President Donald Trump endorsed the proposed Clarity Act, which aims to provide a clearer framework for classifying digital assets, but the legislation was not final according to the context of the July 29, 2026 call. Management views regulatory stability as important for expanding tokenization and digital asset products within the United States, while continuing to develop products outside it. The company also said the elimination of the pattern day trader rule, which had required a minimum balance of $25 thousand, gave activity a boost in June 2026 and may continue to support returning customers.
The number of prediction markets users approached two million by the July 29, 2026 call, after the last disclosed figure was approximately 1.5 million users. More than 100 thousand users also opened AgenTic accounts, with options trading added and work underway to expand the available tools, despite management acknowledging the technical complexity of connecting models to trading. Robinhood Gold subscribers reached 4.8 million, while the rate of new customers joining Gold was approximately 40% to 50%, according to management.
The first risk is the sensitivity of transaction revenue to trading volumes and cryptocurrency volatility, and cryptocurrency activity slowed slightly in July 2026 compared with the Q2 fiscal 2026 average. The second is the incomplete regulatory framework within the United States for tokenized stocks and perpetual contracts, despite political progress related to the Clarity Act. The net deposit run rate also slowed to approximately $4 billion in July 2026 after a record $22 billion in the previous quarter, while insider data showed net sales of $16.7 million over the three months through August 17, 2026, with the possibility that these sales were prearranged.
