Robinhood Is Becoming a Full-Service Financial Platform. Is the Stock a Buy?
Key takeaways
- HOOD Founded in 2013, Robinhood (NASDAQ: HOOD) changed the brokerage industry with its free trading model.
- Although it was founded in 2013, Robinhood didn t go public until 2021.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
HOOD Founded in 2013, Robinhood (NASDAQ: HOOD) changed the brokerage industry with its free trading model. Today, the broker s product lineup has expanded well beyond stocks to include products like cryptocurrencies and prediction markets. With a focus on smaller investors, Robinhood is living up to its goal to "democratize finance for all." But is becoming a full-service financial platform enough to make the stock a buy?
Although it was founded in 2013, Robinhood didn t go public until 2021. In its first earnings release in the second quarter of that year, it had $102 billion in custody. In the first quarter of 2026, roughly five years later, that figure had grown to $307 billion, and it is now called total platform assets, given the broadening of the company s business. The company has rapidly become a major player in the finance industry, building off its early success in attracting younger traders interested in stocks.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »