Robinhood Markets HOOD stock is up significantly over the last year, a trend that could continue if the company reports a strong fourth-quarter earnings report Wednesday after market close.

Earnings Estimates: Analysts expect Robinhood to report fourth-quarter revenue of $920.41 million, up from $471.0 million in last year's fourth quarter, according to data from Benzinga Pro.

The company missed estimates in the last quarter, but has beaten analyst estimates for revenue in six of the last 10 quarters.

The revenue estimate would be a company record and would put the company back on track for quarter-over-quarter increases after the third quarter broke a trend of recent consecutive increases.

Analysts expect the company to report fourth-quarter earnings per share of 43 cents, up from 3 cents per share in last year's fourth quarter.

The company has been profitable in five of the last six quarters and has beaten analyst estimates for earnings per share in eight of the last 10 quarters.

Read Also: Robinhood Expands Trading Services With Bitcoin, Oil, Gold Futures

Key items to Watch: Robinhood's third-quarter results missed the key revenue estimate from analysts, but otherwise had several positive items like funded customers up one million and investment accounts up 1.5 million. Assets under custody and net deposits also saw strong growth in the third quarter.

Investors and analysts will be hoping that Robinhood can report strong growth in these areas and also beat the headline revenue and earnings per share estimates for the fourth quarter.

Another key area to watch will be Robinhood's Gold subscribers, a key growth item from the company that provides recurring revenue. The company added 860,000 Gold subscribers in the third quarter to a total of 2.2 million subscribers.

Robinhood recently introduced Robinhood Legend, which could get some mentions during the quarterly results and be a key item to watch.

The company's fourth quarter also saw the release of 2024 election contracts, which had hundreds of thousands of contracts traded. The results could show how big of an impact this quick launch had for the company.

Another item to watch could be any commentary on Robinhood's decision not to offer the Super Bowl contracts due to a complaint from the CFTC. Robinhood has hinted at expansion into sports betting and more event contracts in the future.

Here are the recent analyst ratings on Robinhood and their price targets:

• Mizuho: Maintained Outperform rating, raised price target from $60 to $65
• Raymond James: Initiated with Market Perform rating, no price target
• KeyBanc: Maintained Overweight rating, raised price target from $50 to $57

HOOD Price Action: Robinhood stock is down 4% to $54.03 on Tuesday versus a 52-week trading range of $11.43 to $57.27. Robinhood stock is up 36.4% year-to-date in 2025 and up 348% over the last year.

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