Robinhood August assets rise 26% y/y as HOOD jumps on underwriting debut

Blockchain+1 · 8 hours ago
Robinhood August assets rise 26% y/y as HOOD jumps on underwriting debut
  • Robinhood's August 2026 operating data showed funded customers at 28.6 million, up 1.9 million y/y, and total platform assets of $384 billion, up 26% y/y.
  • Equity notional trading volumes in August were $335 billion, up 68% y/y, with average daily volumes of $16.0 billion, up 68% y/y.
  • Crypto notional trading volumes fell 38% y/y to $17.5 billion, though they rose 61% from July.
  • HOOD shares surged 6.59% to $114 on September 18, 2026, following news of Robinhood's first formal underwriting role in Oura's upcoming Nasdaq IPO.
  • Analysts average a $130+ consensus price target, and the stock trades above all major short-term moving averages.
  • Robinhood's Q2 2026 EPS of $0.62 beat consensus by 41%, with revenue up 32.5% y/y and net margin of 42%.

Quotes

Funded Customers at the end of August were 28.6 millionRobinhood Markets, Inc.
Total Platform Assets at the end of August were $384 billionRobinhood Markets, Inc.
A 6.59% single-session rip to $114 doesn't happen in a vacuum.Rebeca Moen
Robinhood just secured its first-ever formal underwriting role in Oura's upcoming Nasdaq IPORebeca Moen

Sources