How to Buy Robinhood Shares in Australia [2025]

Key Takeaways

• Robinhood (HOOD) offers commission-free trading and has over 26.5 million accounts globally.
• Australians can buy HOOD shares via platforms like moomoo, offering fractional shares and low fees.
• Robinhood stock is listed on NASDAQ; recent price surged 250% YTD reaching over USD 131 in October 2025.
• Q2 2025 saw $989M revenue and $386M net profit, with strong EPS growth despite YoY declines.
• Robinhood does not pay dividends, instead reinvesting for growth in crypto, banking, and global markets.
• ETFs like ARKF and FINX hold HOOD; similar stocks include SCHW, COIN, and SOFI.

Robinhood (HOOD) is a U.S.-based financial services platform that empowers everyday investors through commission-free trading of stocks, ETFs, options, and cryptocurrencies—all via a sleek, app-driven user experience. Founded in 2013, the company has rapidly grown to over 26.5 million funded accounts and is expanding globally through acquisitions like Bitstamp and innovative offerings such as tokenized asset trading.

How to buy Robinhood (HOOD) stock in Australia?

If you’re an Australian resident with a busy lifestyle but eager to invest in US tech and financial platforms, buying Robinhood (HOOD) stock can be a smart way to gain exposure to the fintech sector. Follow this step-by-step guide to keep it simple and efficient.

Step 1: Pick the best share trading app for US markets

Choosing the right platform is crucial for Australians who want to buy Robinhood stock. With time efficiency and simplicity as key priorities, moomoo stands out as a user-friendly trading app designed for global investors. It offers commission-free trading for US stocks, real-time market data, and an intuitive interface suitable for beginners navigating overseas markets.

When selecting a trading app, consider these factors:

• Access to US markets and extended trading hours
• Low fees and transparent currency conversion rates
• Mobile-first tools with strong research and charting capabilities
• Fast account opening and responsive customer support

Step 2: Choose the correct account type and open a share trading account

Australian investors have several account types to choose from when setting up their brokerage account for US stock trading:

• Individual account: Ideal for retail investors managing their own portfolio.
• Company account: Suitable if you're investing through a registered business or company structure.
• Trust account: Used by family trusts or investment trusts to hold assets.
• SMSF account: Superannuation investors seeking greater control can trade under a Self-Managed Super Fund structure.

To open an account, you’ll typically need to provide your Tax File Number (TFN), government-issued ID, a valid Australian address, and bank account details. As US stocks are involved, completing a W-8BEN form is generally required to confirm non-US tax residency and potentially reduce withholding tax on dividends.

Step 3: Fund your account

Once your brokerage account is approved, you’ll need to transfer AUD and convert it to USD to fund your trades. Ensure your platform offers competitive exchange rates and quick transfer processing. With moomoo, you can transfer funds securely through bank transfer or PayID, with clear fee structures and currency support.

Step 4: Research Robinhood's fundamentals

Before you buy Robinhood stock, dive into its business model and financials. Robinhood operates a digital-first brokerage offering commission-free stock, crypto, and ETF trading. The company generates revenue through payment for order flow, premium subscriptions (Robinhood Gold), and interest on customer cash balances. Review recent earnings, key revenue drivers like active user growth and options trading, plus future plans such as the launch of Robinhood Banking.

Step 5: Set a budget for your Robinhood stock purchase

Set a clear investment amount based on your available funds, time horizon, and asset allocation goals. Ensure you have an emergency fund in place before allocating funds to US equities. If you're starting small or the share price feels too high, moomoo supports fractional shares, allowing you to own a portion of Robinhood stock with as little as a few dollars.

Step 6: Decide when to buy Robinhood stock

Market timing isn’t easy, but it's wise to observe Robinhood’s stock behaviour and overall US market trends. Technical indicators like moving averages and analyst forecasts can provide guidance. Robinhood has shown volatility around earnings releases and product updates, so setting up alerts and monitoring news via moomoo can help you pick a strategic entry point.

Step 7: Monitor your stock portfolio

After purchasing Robinhood stock, stay informed by tracking updates, financial results, and market trends in the moomoo app. Set watchlists and price alerts, and periodically review your investment against financial goals. Rebalancing may be needed over time as part of a diversified portfolio strategy that fits your risk profile.

What is Robinhood?

Robinhood Markets (NASDAQ: HOOD) is a U.S.-based financial technology company known for revolutionising retail investing by offering commission-free trades via an intuitive mobile and web platform. Founded in 2013 and headquartered in Menlo Park, California, Robinhood provides access to stocks, ETFs, options, and cryptocurrencies, and has recently expanded into futures trading and banking services through Robinhood Banking. With over $193 billion in assets under management and 25 million funded accounts, the platform is notably popular with younger investors. The company is publicly traded and significantly held by institutional investors including The Vanguard Group (12.2%) and BlackRock (7.2%), alongside co-founders Baiju Bhatt and Vladimir Tenev holding sizeable stakes through trusts and direct holdings.

How has Robinhood stock price performed?

Robinhood (NASDAQ: HOOD) has demonstrated remarkable price momentum in recent months, reflecting investor confidence and robust financial results. In 2025 alone, Robinhood stock price climbed significantly, underpinned by record financial performance, expanding user base, and strategic diversification into new areas like prediction markets and tokenized assets. On October 22, 2025, Robinhood closed at USD 131.84, but ended the session with a pullback to USD 127.22, highlighting the stock's volatility amid strong investor activity.

Year-to-date, HOOD has rallied over 250%, far outperforming major indices and lifting its market capitalisation to over USD 113 billion. Robinhood continues to benefit from robust net income growth, increasing average revenue per user, and institutional support, with key stakeholders like Vanguard and BlackRock raising their exposure. This significant performance resurgence has resulted in the Robinhood price reaching all-time highs and being included in the S&P 500 Index—further bolstering its credibility among global investors.

Key financial metrics for Robinhood

Source: moomoo.com, data as of 25-10-22.

Robinhood price forecast

Looking forward, the outlook for the Robinhood stock price remains cautiously optimistic. Analysts maintain a consensus “Buy” rating, with price targets ranging from USD 68 to USD 170. The average target price sits at approximately USD 137.88—suggesting moderate upside from current levels. Key factors influencing the forecast include continued revenue expansion, international growth via platform acquisitions like Bitstamp, and broader macroeconomic sentiment.

Robinhood’s evolving product ecosystem and innovations, such as tokenization and financial advisory tools, are expected to drive long-term shareholder value. However, regulatory risks, market competition, and short-term volatility should also be considered in positioning around the Robinhood price moving into 2026.

Robinhood earnings 2025 Q2 analysis

Source: Robinhood Markets Inc., data as of 2025-07-31

In its latest 2025 Q2 earnings, Robinhood (NASDAQ: HOOD) reported revenue of $989 million, up 6.7% from the previous quarter but slightly down 2.1% year-over-year. While revenue ticked upward quarter-on-quarter, it remained just shy of the previous Q4's peak. Like watching a bakery bounce back from holiday lows without completely catching up to last Christmas’s cookie rush, Robinhood’s earnings reflected modest recovery but fell behind year-ago extremes. The Robinhood earnings date was July 30, 2025, and during the Robinhood earnings call, executives highlighted increased trading activity across diversified asset classes as a key revenue driver. Notably, the gross profit rate remained stable at 85.74%, reflecting consistent cost control and scalable margins.

More impressively, the operating profit surged to $439 million, up 18% quarter-on-quarter, although it declined 21.3% from Q4 due to a one-off tax benefit then. Net profit followed a similar pattern, climbing to $386 million, which helped push the EPS to $0.42 from $0.37 last quarter. While earnings per share dropped almost 60% year-on-year due to the extraordinary Q4 tax event, they still beat analyst expectations by a wide margin. The Robinhood earnings call covered upcoming releases like the HOOD Summit, crypto expansion through Bitstamp, and the integration of tokenization in its new Robinhood Chain. These developments could serve as fuel for sustained user and income growth heading into later quarters.

Does Robinhood (HOOD) pay dividends?

One of the most common questions posed by income-focused investors interested in growth-oriented platforms is whether Robinhood (HOOD) offers dividends. As of the latest disclosures and financial filings, Robinhood Markets, Inc. does not pay dividends to its shareholders. For Australian investors seeking dividend-based income from their stock portfolios, this may influence their evaluation of Robinhood as a current investment option.

Instead of distributing profits as dividends, Robinhood reinvests earnings back into business expansion and product development. This strategy aligns with its position as a disruptive fintech growth company focused on capital appreciation. With rising revenues from its brokerage, crypto offerings, and upcoming banking services, Robinhood aims to compound long-term shareholder value through stock price appreciation rather than short-term dividend returns.

Therefore, those considering the Robinhood dividend outlook should understand that its current model prioritises growth over income. If dividend payouts are critical to your investment strategy, it might be beneficial to compare HOOD against dividend-paying peers in the capital markets sector.

When is Robinhood stock split?

As of October 2025, there is no record of a Robinhood stock split since the company’s IPO in July 2021. According to official disclosures and public stock split history data, Robinhood Markets Inc. (NASDAQ: HOOD) has not conducted any stock splits—neither a forward stock split nor a reverse stock split. For Australian investors researching "Robinhood stock split date" or "has Robinhood ever split its stock?", it's important to note that no such corporate action has occurred yet. Monitoring official Robinhood investor relations updates remains critical for those anticipating any future HOOD stock split announcements.

What ETFs hold HOOD?

Robinhood Markets Inc (NASDAQ: HOOD) is featured in a range of exchange-traded funds (ETFs), particularly those that focus on technology, innovation, and next-generation finance. Here are some of the notable ETFs that currently hold HOOD:

• ARK Fintech Innovation ETF (ARKF) – This ETF focuses on companies providing innovative financial services and includes HOOD in its portfolio due to Robinhood's app-based trading platform and growing role in digital finance.
• Global X FinTech ETF (FINX) – Designed to track the performance of companies in the fintech space, FINX holds HOOD to gain exposure to commission-free trading and mobile-first finance solutions.
• Roundhill Meme Stock ETF (MEME) – HOOD features in this fund which targets high retail interest and social media momentum, reflecting Robinhood's popularity among retail traders.
• iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) – This ETF includes HOOD among other brokerage and trading platforms, offering broader exposure to the sector.

Which stocks are similar to HOOD.US?

Robinhood (HOOD.US) operates as a commission-free brokerage platform with a focus on accessibility and digital trading, particularly among retail investors. Here are some companies with similar business models or exposure to the retail trading and fintech ecosystems:

• Charles Schwab (SCHW.US) – A leading U.S. brokerage firm offering low-cost trading, Schwab also benefits from interest income and has strong digital integration.
• Coinbase Global (COIN.US) – While primarily a cryptocurrency exchange, Coinbase shares the fintech DNA and retail investor focus seen in Robinhood.
• SoFi Technologies (SOFI.US) – A fintech firm providing digital financial services including investing, loans, and banking—targeting a younger demographic like Robinhood.
• Interactive Brokers (IBKR.US) – A global electronic trading platform known for low fees and broad asset class offerings, often compared with Robinhood by active traders.
• eToro (private) – A social trading platform with commission-free offerings and strong presence in crypto and equities, similar to Robinhood’s mission.

Is it a good time to buy Robinhood stock

Robinhood (NASDAQ: HOOD) has captured investor attention with its sharp financial turnaround, skyrocketing 381.7% year-on-year as of October 16, 2025. Most recently, the stock closed at $128.80 on October 22 after a volatile session that saw intra-day lows of $120.88. Fundamentally, the company delivered strong Q2 results with net income doubling to $386 million and EPS rising to $0.42, surpassing analyst expectations. Metrics like a gross profit margin of 85.74% and net profit margin of 39.03% reflect a well-oiled machine. However, recent technical indicators such as a declining RSI (32.63) and a bearish MACD trend suggest momentum is weakening. Think of it like a high-performance car slowing before a curve—it’s still powerful, just easing up a bit.

While analysts overwhelmingly rate HOOD a “Buy,” with a consensus target of $137.88, short-term investors should weigh the increased volatility—seen in the 80.18% implied volatility on October 22. Institutional support from Vanguard and BlackRock adds comfort, but recent insider selling could raise questions. As with any stock, investing in Robinhood carries risks, especially with regulatory overhang in fintech and crypto. Put simply, if you’re looking to hop on a speeding train, be mindful—it might slow for a station or charge ahead. It’s advisable to diversify and ensure you have a risk tolerance aligned with this level of price action.

What is the Robinhood outlook for 2025?

Looking ahead to 2025, Robinhood faces a delicate balancing act as it expands globally and doubles down on product launches like Robinhood Banking and tokenized trading. While Q2 2025 revenue surged 45% year-over-year to $989 million and net income doubled to $386 million, these gains are shadowed by growing regulatory scrutiny and rising competition in crypto and fintech. It’s a bit like driving a sports car at full speed—thrilling, but requiring precision to avoid slipping off track in tight corners. With acquisitions like Bitstamp and TradePMR under its belt, Robinhood is sprinting into new markets, increasing platform assets to nearly $279 billion by mid-2025. However, these plays also ramp up operating costs, now forecasted at up to $2.25 billion for the year.

Yet, despite headwinds, there's momentum under the hood. The company added 700,000 new funded accounts in Q2 alone, pushing the customer base to 26.5 million, and its Gold subscription service grew 76% year-over-year. In an industry where brokers are increasingly offering zero-fee trading and crypto access, Robinhood’s edge lies in its full-stack tech ecosystem. Still, with insiders like CEO Vladimir Tenev and co-founder Baiju Bhatt recently offloading shares worth hundreds of millions, some investors might see mixed signals. The challenge for Robinhood is steering through 2025 with sustainable innovation while reinforcing investor confidence in a rapidly evolving market landscape.

Final thoughts on how to buy Robinhood stock

Buying Robinhood stock in Australia is now more accessible than ever thanks to modern trading platforms like moomoo that offer seamless access to US markets. Whether you're a first-time investor or looking to diversify into fintech, following the step-by-step process—from choosing a reliable broker and account type to funding your account and researching Robinhood’s financials—can help you invest with confidence. Robinhood (HOOD) is a fast-growing, innovation-driven company, and owning its stock can be a smart way to gain exposure to the booming digital finance and trading sector.

As an investor, it's important to stay up to date on Robinhood’s performance, future outlook, and market conditions. Set your investment budget, consider fractional shares if you're starting small, and use tools like market alerts and portfolio tracking to manage your position effectively. While Robinhood doesn’t pay dividends, its focus on reinvesting for growth makes it appealing for capital appreciation. If you're ready to buy Robinhood stock, take the first step by opening a US trading account with a reputable broker tailored for Australian investors.