Robinhood Surges Beyond Trading | Raleigh News

Raleigh News Today | 2 Min News | The Daily News Now! · Jul 5, 2026 · 2m

Robinhood’s explosive growth is far beyond commission-free trading—its equity and options volumes hit record highs, futures and prediction markets smashed all-time marks, and June alone saw its biggest single-day equity trade and largest overnight session ever. CEO Vlad Tenev revealed 11 business lines each generating over $100M annually, with prediction markets alone hitting $400M in revenue just 18 months after launch. Wall Street is taking notice: Goldman Sachs boosted its price target to $121, citing record volumes, while BTIG gave it a “buy” rating and $125 target, forecasting massive…