Robinhood Markets shares rose 1.1% in premarket trading on Monday after the company released preliminary June operating metrics showing record trading activity across several key business segments. The brokerage reported a 60% month-on-month increase in event contract volumes, while options trading climbed 38% and equity trading rose 27%. Cryptocurrency activity also strengthened, with total crypto volumes up 38% from the previous month, though crypto trading was 51% below consensus projections. Data through June 25 exceeded Wall Street expectations in several categories, with event contract volumes 136% above analyst forecasts, options trading beating estimates by 110%, and equity volumes exceeding expectations by 48%. Analysts linked the strong performance to favorable market conditions and increased retail participation, and following the update they raised 2026-2028 net revenue forecasts by around 4% while increasing adjusted earnings-per-share forecasts by 6% to 10% over the same period.
Robinhood Markets IncRecord trading activity across segments and analyst upgrades to revenue and EPS forecasts