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Robinhood’s 400% Rally Lifts Market Cap to ~$130 Billion After S&P 500 Debut

Profit growth alongside expansion into crypto, banking products, plus prediction markets underpins the momentum.

Overview

  • Shares have jumped more than 400% over the past year, with the stock recently trading near $147 and the market value approaching $130 billion.
  • Q2 2025 revenue rose 45% year over year to $989 million, net profit reached $386 million, and the company reported $1.4 billion in profit for 2024.
  • Robinhood joined the S&P 500 in September 2025, drawing mechanical buying from index-tracking funds.
  • The platform now spans savings accounts, debit cards, Gold subscriptions and crypto trading, with tokenized-stock pilots in Europe and newly launched prediction markets for NFL and college football.
  • The stock trades at a premium with a reported P/E above 70, and some commentary speculates about a $1 trillion valuation by 2030 while noting sensitivity to shifts in retail investor sentiment.