TradingView: Robinhood broadens trading access as HOOD targets rise

what happened

TradingView reports that Robinhood Markets, Inc. Class A (NASDAQ:HOOD) delivered stronger second-quarter results and record margin growth. The company moved selected equities to a 24/5 schedule, with overnight trading running from 8:00 PM to 4:00 AM ET. It is also planning broader 24/7 access and weekend sessions, while adding AI trading agents, longer options hours and perpetual futures.

Analysts lifted their HOOD targets to $160 at Morgan Stanley, $132 at Barclays and $156 at Bank of America. Barclays pointed to improved 2027 net interest income, and the shares moved premarket after the updates. Robinhood launched Robinhood Chain, a Layer‑2 network on Arbitrum, on July 1. TVL reached about $1.05B after roughly 80 days, although growth slowed. The company plans BTC and ETH perpetual futures with leverage of up to 10x.

Second-quarter revenue rose 32% to $1.31B, while crypto revenue dropped approximately 38% to about $100M as crypto activity changed during the period. Robinhood’s margin book reached a record $21.6B, up 127% year over year and 332% from Q2 2024, contributing to roughly $1.5T in total margin debt in June. The firm says stock-token trading is nearing the SEC innovation-exemption caps and is reviewing asset categories and volume limits.

In the coming months, eligible U.S. customers will receive access to intraday-settled perpetual futures tied to BTC, ETH, SOL, XRP, DOGE, ADA, LINK and HLBQ; BTC and ETH contracts will offer leverage of up to 10x. Robinhood had 28.6M funded accounts in August, about 120K more than in July, and $384B in platform assets, up 8% month over month and 26% year over year. It cited strong equity trading and will report Q3 results on Oct 27. The company is offering a 3% cash bonus for Webull account transfers through Oct 16, 2026. The promotion follows scrutiny of Webull, which says U.S. customer data is stored and controlled domestically. Robinhood executives revisited a crypto treasury plan in late 2025; new CFO Shiv Verma said the company bought a small Bitcoin stake and will continue weighing crypto against other priorities.

why it matters

The update combines faster expansion of Robinhood’s trading infrastructure with a weaker crypto-revenue trend and a larger margin business. Those developments are relevant to how investors assess HOOD ahead of the Q3 results.

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