Robinhood Markets (HOOD) Fell on Weak Core Earnings

1 hour ago 3

Soumya Eswaran

Wed, July 1, 2026 astatine 8:18 AM CDT 3 min read

TimesSquare Capital Management, an equity concern absorption company, released its "U.S. Mid Cap Growth Strategy" first-quarter 2026 capitalist letter. A transcript of the missive tin be downloaded here. The Strategy fell 7.72% (net) successful the 4th compared to -6.35% for the Russell Midcap Growth Index. In the archetypal quarter, markets navigated geopolitical tensions and economical resilience alongside impermanent planetary tariffs. High lipid prices and proviso concatenation disruptions followed U.S. and Israeli engagement successful Iran, prompting a displacement to safer assets and a reevaluation of proviso chains and vigor dependencies. Central banks maintained dependable policies contempt energy-driven inflation. In this environment, the Strategy remains focused connected disciplined absorption teams with durable competitory advantages. Please reappraisal the Strategy's apical 5 holdings to summation insights into their cardinal selections for 2026.

In its first-quarter 2026 capitalist letter, TimesSquare Capital U.S. Mid Cap Growth Strategy highlighted Robinhood Markets, Inc. (NASDAQ:HOOD). Robinhood Markets, Inc. (NASDAQ:HOOD) is simply a US-based fiscal services institution that provides a trading level for stocks, exchange-traded funds, American depository receipts, options, gold, and cryptocurrencies. On June 30, 2026, Robinhood Markets, Inc. (NASDAQ:HOOD) closed astatine $100.28 per share. One-month instrumentality of Robinhood Markets, Inc. (NASDAQ:HOOD) was 21.04%, and its shares gained 2.35% implicit the past 52 weeks. Robinhood Markets, Inc. (NASDAQ:HOOD) has a marketplace capitalization of $90.30 billion.

TimesSquare Capital U.S. Mid Cap Growth Strategy stated the pursuing regarding Robinhood Markets, Inc. (NASDAQ:HOOD) successful its Q1 2026 capitalist letter:

"In the Financials sector, we thin to debar banks experiencing recognition deterioration oregon rising deposit costs, preferring plus managers, specialized security companies, oregon fiscal exertion providers. Robinhood Markets, Inc. (NASDAQ:HOOD) operates a fiscal services level enabling users to put successful stocks, exchange-traded funds, American depository receipts, and cryptocurrency. In the latest results, halfway net were weaker owed to little nett revenue, resulting successful a -39% pullback. Management struck a constructive code connected the 2026 outlook and expects gross maturation to proceed to transcend disbursal growth. We had trimmed backmost the presumption anterior to Q4 earnings."

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Robinhood Markets, Inc. (NASDAQ:HOOD) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 84 hedge money portfolios held Robinhood Markets, Inc. (NASDAQ:HOOD) astatine the extremity of the archetypal quarter, up from 83 successful the erstwhile quarter. In Q1 2026, Robinhood Markets, Inc. (NASDAQ:HOOD) reported revenue of $1.1 billion, up 15% year-over-year. While we admit the imaginable of Robinhood Markets, Inc. (NASDAQ:HOOD) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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