Robinhood sees strong growth in May, with assets and net deposits up significantly. Trading volumes also surge, but crypto activity is muted.
Robinhood Markets, Inc.
(NASDAQ:HOOD) continued its growth streak in May, releasing monthly activity data that shows a platform firing on nearly all cylinders.
HOOD stock is moving.
See the chart and price action here.
Robinhood's May Operational Data Total Platform Assets hit $377 billion at month's end, up 9% from April 2026 and 48% year-over-year.
Robinhood reports May 2026 metrics, reveals 27.7 million funded customers and $377 billion in assets
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Robinhood stock rises after May data showed higher trading volumes, customer assets and IPO underwriting approval.
Robinhood's May 2026 data shows 27.7 million funded customers, $377 billion in platform assets (up 48% YoY), and $5.6 billion in…
Robinhood shares are moving higher on Thursday after Needham raised its price target on the stock while maintaining a Buy rating.
Robinhood heads into earnings with its stock price on a rally that's lifted the company's market cap to $91 billion.
CFO Jason Warnick said prediction markets and Bitstamp are generating about $100 million or more in annualized revenues.
Robinhood was excluded from the S&P 500 last month, a move that surprised some investors as rival fintech Block was added.
