Robinhood Soars Despite Crypto Weakness

Robinhood Markets Inc., trading under the ticker HOOD, recently posted its best month in 2026, climbing more than 29% in May despite missing revenue expectations due to weaker cryptocurrency trading activity.

Morningstar highlighted Robinhood's momentum in net deposit growth and expressed optimism about its credit card program and prediction market joint venture. The analyst forecasted 10-year compound annual growth rates of 13% for revenue, 14.2% for operating profit, and 17.3% for diluted earnings per share.

While Robinhood shares remain expensive relative to Morningstar's fair value estimate, the company's long-term growth narrative remains intact. The analyst also noted that Robinhood could benefit from a significant anticipated intergenerational wealth transfer in the U.S., with a median customer age of just 35 years old.