Buy Signal Triggered: Robinhood’s Web Traffic, AI Hiring, and New Revenue Streams Point to More Upside
November 13, 5:44 pm
Robinhood (HOOD) has been one of the year’s standout stocks, rallying more than 250% since January. But after such an explosive run, many investors are wondering if there is still upside left.
According to both recent performance and alternative data, the answer is yes. Robinhood is evolving far beyond its origins as a no-fee trading app. Between explosive earnings, product expansion into prediction markets, and strong user growth signals, the data points to more potential ahead.
Web Traffic, App Signals, and Hiring Data Show Healthy Growth Momentum
Robinhood's digital footprint has shown strong momentum across multiple fronts. According to AltIndex estimates, web traffic to Robinhood.com reached 41 million visitors in October, up 13.7% over the past three months. This growth reflects ongoing user engagement and onboarding activity, as Robinhood’s website remains a central hub for account access and product discovery.
robinhood.com est. web traffic
On the mobile side, the company’s apps continue to maintain high and steady download volumes — a positive signal for user acquisition and retention. Together, these digital trends indicate that the platform is still attracting and activating a wide user base, even after its explosive run earlier in the year.
Beyond user activity, AltIndex data also highlights encouraging signs from Robinhood’s internal operations. Over the past year, the company has consistently maintained around 120 open positions, indicating ongoing investment in growth. More recently, there’s been a noticeable shift in focus toward future-facing technologies.
Current job listings include strategic roles such as “Applications Developer, AI”, “Business Development Lead, Crypto”, “Software Engineer, Agentic AI”, and “Software Engineer, Security AI”. These openings suggest that Robinhood is not only expanding but doubling down on key innovation areas — particularly in artificial intelligence, where the potential for automation, smarter trading tools, fraud detection, and user personalization could significantly enhance product performance and scalability.
This hiring strategy reinforces the broader thesis that Robinhood is building a next-gen financial platform — one designed to evolve with the future of fintech, not just ride current trends. When coupled with digital growth metrics and strong financial results, these job signals provide a deeper look at the company’s long-term ambition and operational confidence.
Prediction Markets: The $300 Million Business Growing Faster Than Expected
One of the most exciting developments at Robinhood is the rapid rise of its prediction market business. Launched in March, the platform allows users to buy and sell event contracts tied to sports outcomes, elections, and more.
CEO Vlad Tenev revealed that October alone saw 2.5 billion contracts traded, more than the entire third quarter combined. Based on October’s performance, prediction markets are now on pace to become a $300 million annual revenue business.
This expansion is fueled by a high degree of crossover interest. According to Mizuho, two-thirds of Robinhood users also use mobile sports betting apps such as FanDuel and DraftKings, giving the company a large built-in audience for prediction markets.
Q3 Earnings: A Breakout Quarter
Robinhood’s third-quarter results exceeded expectations across multiple key metrics:
- EPS: $0.61 vs. $0.53 expected
- Revenue: $1.27B vs. $1.19B expected
- Net income: $556M, up from $150M a year ago
Transaction-based revenue totaled $730 million, driven by a 300% increase in crypto revenue to $268 million, while equities revenue grew 132%.
“Q3 was another strong quarter of profitable growth,” CFO Jason Warnick said. “Prediction Markets and Bitstamp are each generating over $100 million in annualized revenues.”
The company also announced that Warnick will retire in Q1 next year, with insider Shiv Verma stepping in as the new CFO.
Technical View: Consolidation Before Another Move Higher?
Despite its massive 2025 rally, HOOD has spent the past two months consolidating between $120 and $150, a range that many analysts see as a healthy pause rather than a reversal. Unless broader market conditions deteriorate sharply, Robinhood appears positioned for another breakout if it closes decisively above the $150 resistance level.
Is HOOD a Buy?
On November 13, AltIndex assigned Robinhood a target price of $147.05, reflecting a 25% upside from current levels.
This projection incorporates:
- A strong year-over-year increase in revenue
- Month-over-month spikes in job openings
- Increasing sentiment across stock forums
- Rising web traffic and platform engagement
- Healthy and steady app download trends
Robinhood currently holds an AI Score of 71 on AltIndex, which represents a clear buy signal. Scores above 65 historically align with significant outperformance, especially when supported by rapid product growth like prediction markets and rising user activity.
Bottom Line
Robinhood is no longer just a trading app. It is becoming a full-stack financial platform spanning crypto trading, equities, prediction markets, international expansion, and venture financing. Its strong fundamentals, rising engagement trends, and rapid product innovation support a compelling bull case.
With a buy-rated AI Score of 71 and a data-driven price target of $147.05, Robinhood remains a stock with significant upside potential as it builds out the next generation of financial services.
Disclaimer: The information provided is for educational and informational purposes only and should not be construed as financial or investment advice. All investments involve risk, and you should conduct your own research or consult a qualified professional before making any investment decisions.
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