Robinhood shares rise while Trump Rally increases …
Robinhood In the past, the profits and revenues estimated for the fourth quarter on Wednesday after the closure. On Thursday, Robinhood’s share rose to the highest new level.
“The fourth quarter was a record quarter, as it operated a record year in 2024,” Jasson Warnerck said in a profit.
For the whole year, the online sabotage pulled into a profit from the loss in 2023.
Rubenol profits and expectations
For the fourth quarter, Robinhood has published the arrow profit of $ 1.01, and the consensus in the field of consensus for 42 cents. Revenue of $ 1.01 billion also easily overcome estimates for $ 945.8 million. Throughout the year, Robinhood’s profits increased by more than 3200 % and revenue increased 115 %.
Transaction -based revenues jumped 200 % to $ 672 million. This included encrypted currency revenues of $ 358 million and more than 700 %; Revenue options 222 million dollars and an increase of 83 %; The shares ’revenue is 61 million dollars, an increase of 144 %.
The company said that the net interest revenues increased by 25 % to 296 million dollars.
For 2024, the UPSTART Online broker achieved its first annual profits, at $ 1.56 per share for views for 95 cents, FactSet offers. Compared to a net loss of 61 cents per share in 2023.
Robenol said it does not provide an appropriate view of operating expenses in 2025. With regard to Robenol profit expectations for 2025, analysts now expect a decrease of 14 % to $ 1.34 compared to difficult comparisons.
RobinHood shares rise to a new rise
RobinHood shares rose about 15 % to the highest level in 52 weeks on Thursday Stock market work.
Hood ended on Wednesday in A. The profit achievement area After the outbreak of September. She has recovered twice from her line for 10 weeks since the penetration, and not far from its highest levels at all times that appeared after its appearance in 2021, Market scheme He appears. There is no new Purchase for now.
the The relative strength line It is already at its highest level ever. The rising RS line, which is the blue line in the graph presented, explains that the stock exceeds the S&P 500.
Coinbase’s arrow jumped nearly 9 % on Thursday.
Coinbase Global He is The profits are scheduled to be reported on Thursday After closing. Charles Schwab Less than 83.25 points bought flat base on Thursday. CBOE global markets It continues to work on a 221.66 purchase point after missing profits in early February, still less than 6 % of the input.
Coinbase’s profits: Objects of analysts, expect a three -numbers growth
Objectives of analysts shares after profits
After the Q4’s Robinhood’s profit report, 10 analysts raised the price targets on Robinhood shares, explained by FactSet. No one cut.
They say Robinhood multiple drivers include their encrypted works. They see President Donald Trump’s view of profit and the growth of investment funds circulating in Bitcoin as future stimuli. In the fourth quarter, President Trump’s victory in the November elections helped stimulate the Bitcoin Rally and encryption.
This apostasy to the altitudes, which nourish its rise by 440 % for Robenol stock last year. Flooding stock markets also helped the online sabotage profits.
A new survey of Mizuho shows an interest in sports betting among RobinHood users, which may become a new way to grow.
Please follow Aparna Narayanan on X ibd_aparna For more coverage.
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