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Why Wall Street Got Robinhood's Earnings All Wrong

Robinhood's earnings weren't great, but they didn't deserve the market's reaction.

By Travis Hoium – Nov 6, 2024 at 12:40PM EST

Robinhood (HOOD +0.98%) jumped on Wednesday, but the bigger move came last week after the company reported earnings. The report wasn't great, but investors should look at the company's long-term potential, which Travis Hoium covers in this video.

*Stock prices used were end-of-day prices of Nov. 5, 2024. The video was published on Nov. 5, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Robinhood Markets. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Robinhood Markets Stock Quote
Robinhood Markets
NASDAQ: HOOD
$77.03
(+0.98%)+$0.75

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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