How to buy Robinhood (HOOD) shares in the UK

Learn how to easily invest in Robinhood shares.

Robinhood Markets Inc. Class A Common Stock
NASDAQ: HOOD - USD
SOFTWARE-INFRASTRUCTURE
$41.70
+ $1.05 ( + 2.58%)

Robinhood, a popular US trading app that offers commission-free stocks, ETFs and options trading completed its IPO on Thursday 20 July, 2021. It sold its shares for $38 each (around £28). The stock began trading on 29 July after the NASDAQ stock exchange had opened. Robinhood became well known to UK investors last year when it planned to launch in the UK but eventually U-turned on its decision.

On July 1, 2021, the company announced it had officially filed to list on Wall Street's NASDAQ under the ticker symbol HOOD. It follows earlier reports of a confidential registration by the firm in March.

Also read: Alternatives to Robinhood in the UK

Here’s what we know and how investors can prepare.

Latest updates

Thursday, July 29: Robinhood has been valued at $32 billion (around £23 billion), selling shares at $38 per share (around £28). It began trading in the afternoon.

Friday, July 23: Robinhood's much-anticipated IPO is scheduled to take place on July 28.

Thursday, July 1: Robinhood filed publicly with the US Securities and Exchange Commission its intention to trade on the NASDAQ under the ticker symbol HOOD.

Wednesday, March 24: Robinhood filed a confidential registration statement with the US Securities and Exchange Commission, indicating its plans to go public.

Thursday, March 25: Reuters reported that Robinhood is making plans to "democratize" IPOs by opening its offering and others to users at pre-market prices. Robinhood did not confirm.

How to buy shares in Robinhood

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: HOOD in this case.
  5. Research Robinhood shares. The platform should provide the latest information available.
  6. Buy your Robinhood shares. It's that simple.
The whole process can take as little as 15 minutes.

Robinhood share price (NASDAQ:HOOD)

Use our graph to track the performance of HOOD stocks over time.

Robinhood shares at a glance

Information last updated 2021-10-19.
Open$40.91
High$41.48
Low$40.54
Close$41.48
Previous close$40.65
Change$0.83
Change %2.0418%
Volume3,508,544
Information last updated 2021-10-18.
52-week range$33.25 - $66.5
50-day moving average$42.4332
200-day moving average$44.6895
Wall St. target price$55.17
Dividend yieldN/A (0%)
Earnings per share (TTM)$-8.5
Promoted
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Invest in Robinhood shares with 0% commission

Other fees apply. Your capital is at risk.

  • Unlimited trades, with no dealing charges or management fees
  • Pay no stamp duty on UK shares (saving 0.5%)
  • Create an account today in a few minutes
Capital at risk

Fees for buying 20x Robinhood shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
Freetrade logo £0 No minimum £2.71
£604.08 total
Capital at risk
eToro Free Stocks logo £0 $50 £3.01
£604.38 total
Capital at risk
Fineco logo £0 No minimum £6.01
£607.39 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.08
£602.46 total
Capital at risk
Stake logo £0 £50 £3.06
£604.44 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £18.02
£619.40 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £17.07
£618.45 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £17.08
£618.45 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is it a good time to buy Robinhood stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Robinhood price performance over time

Historical closes compared with the last close of $41.48

1 week (2021-10-12) 2.34%
1 month (2021-09-17) -2.12%
3 months (2021-07-19) 9.16%

Is Robinhood under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

EBITDA

Robinhood's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $138.1 million (£0.0 million).

The EBITDA is a measure of a Robinhood's overall financial performance and is widely used to measure a its profitability.

To put that into context you can compare it against similar companies.

    Financials

    Revenue TTM $1.7 billion
    Operating margin TTM 11.6%
    Gross profit TTM $709.8 million
    Return on assets TTM 0%
    Return on equity TTM 0%
    Profit margin -116.1%
    Market capitalisation $33.9 billion

    TTM: trailing 12 months

    How to short and sell Robinhood shares

    1. Create a CFD or spread betting account.
    2. Search for the stock code. E.g. "HOOD.US"
    3. Choose your position size.
    4. Select "sell" rather than "buy".
    5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

    There are currently 22.8 million Robinhood shares held short by investors – that's known as the "short interest". This figure is 0.4% down from 22.9 million last month.

    There are a few different ways that this level of interest in shorting Robinhood shares can be evaluated.

    Short interest ratio (SIR)

    Robinhood's "short interest ratio" (SIR) is the quantity of Robinhood shares currently shorted divided by the average quantity of Robinhood shares traded daily (recently around 6.6 million). Robinhood's SIR currently stands at 3.44. In other words for every 100,000 Robinhood shares traded daily on the market, roughly 3440 shares are currently held short.

    To gain some more context, you can compare Robinhood's short interest ratio against those of similar companies.

    However Robinhood's short interest can also be evaluated against the total number of Robinhood shares, or, against the total number of tradable Robinhood shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Robinhood's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Robinhood shares in existence, roughly 30 shares are currently held short) or 0.0511% of the tradable shares (for every 100,000 tradable Robinhood shares, roughly 51 shares are currently held short).

    Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Robinhood.

    Find out more about how you can short Robinhood stock.

    Robinhood share dividends

    We're not expecting Robinhood to pay a dividend over the next 12 months. Typically it's companies that have been around for longer that pay dividends (Robinhood had its IPO on 29 July 2021). However, you can browse other dividend-paying shares in our guide.

    You may also wish to consider:

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