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Robinhood March Metrics Rise in Stocks and Options as Crypto Slumps

An April 29 earnings report is the next test for a stock still near the mid-$60s despite a new $1.5 billion buyback.

Overview

  • Robinhood said March 1–27 activity reached about $196 billion in stock trading and 187 million options contracts, while crypto fell to roughly $16 billion and event contracts totaled about 2.6 billion.
  • The shares trade near $65 after dropping roughly 42% to 43% this year, leaving the stock well below recent averages.
  • The company authorized a $1.5 billion share repurchase that replaces its prior plan and is expected to run for about three years starting in the first quarter of 2026.
  • Wall Street keeps a Buy stance with an average price target near $131.63 and a price-to-earnings ratio around 31.8 heading into the late-April results.
  • Options screens flagged heavy out-of-the-money put trading at the $59 strike that expires April 10, signaling active hedging or speculation on further downside.