Robinhood Markets Inc (Extended Hours)Robinhood Markets Inc (Extended Hours)Robinhood Markets Inc (Extended Hours)

Robinhood Markets Inc (Extended Hours)

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Robinhood Markets will acquire WonderFi Technologies for C$250 million in cash, valuing it at a 41% premium. Robinhood's shares rose 9% post-announcement, boosting trading volume significantly.
In April 2025, Robinhood reported net deposits of $6.8 billion, a 37% growth from March 2025, with total deposits over the past year at $59.2 billion, up 48% from April 2024.
Morgan Stanley has raised its price target for Robinhood Markets (HOOD) to $43.00 per share, up from the previous target of $40.00, while maintaining an equal-weight rating.
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