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Robinhood Is Becoming a Full-Service Financial Platform. Is the Stock a Buy?
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Robinhood Is Becoming a Full-Service Financial Platform. Is the Stock a Buy?

Yahoo Finance · Jun 20, 2026, 8:35 PM

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 »

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