"The World is Flat Event" Demonstrated HOOD's Ambition to be Much More than Just a U.S. Equities Trading Platform.

Research evidence excerpt

"The World is Flat Event" Demonstrated HOOD's Ambition to be Much More than Just a U.S. Equities Trading Platform.

July 1, 2026 Robinhood Markets, Inc.

(HOOD, Buy, $125 PT)FINTECH Andrew Harte, CFA

"The World is Flat Event" Demonstrated HOOD's Ambition to be Much (212) 863-0706 aharte@btig.com

More than Just a U.S. Equities Trading Platform. Brendan Greaney

(212) 738-6181 bgreaney@btig.com

WHAT YOU SHOULD KNOW: This afternoon Robinhood hosted its "The World is Flat" Company DataEQUITY

event in London. The key highlights included international expansion, agentic trading Closing Price $108.65

and overall AI integrations, and crypto/DeFi expansion including the Robinhood Chain

Price Target $125.00 and Robinhood Earn. Generally speaking, today's presentations demonstrated HOOD's

continued product velocity which is enabling it to do more with its existing customers Market Cap (M) $99,418.97

and add new ones. We reiterate our Buy rating and $125 price target; our HOOD Enterprise Value (M) $94,406.97

initiation from last Friday is linked here. Shares Out (M) 915.04RESEARCH

■ Global Expansion Continues. More than 1mm of HOOD's 28mm funded customers Avg Daily Vol-3 Months (M) 31.37

are based outside the U.S. That said, the product set is more robust in the U.S. Dividend / Yield $0.00 / 0.0%

compared to international markets. To address those international product gaps, Revisions

HOOD announced several international updates. Robinhood U.K. is now in the Previous Current

process of rolling out crypto investing. In Canada, the Robinhood app is now

Rating Buy Buy available for download supporting crypto trading only. In Singapore, Robinhood

received its Capital Markets Services license from the Monetary Authority of Price Target $125.00 $125.00