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News  ›  Benzinga

Robinhood's Growth 'Shows No Signs Of Slowing Down'

Benzinga Logo Benzinga By Erica Kollmann
Robinhood's Growth 'Shows No Signs Of Slowing Down'

Robinhood Markets reported record Q3 revenue of $1.27 billion, representing 100% year-over-year growth. Analysts are impressed by the company's prediction markets business and crypto volume rebound, with multiple firms raising price targets.

Insights
DRI   positive

Identified as a significant contributor to the market's development and growth


HOOD   positive

Strong Q3 performance with 100% revenue growth, successful expansion into prediction markets, 40.6% increase in crypto trading volumes, and multiple analyst price target upgrades