Robinhood’s stock has surged as much as 17% in the past month, marking its best two-day run in six weeks. This rally comes despite a decline in bitcoin prices, breaking a pattern of close correlation seen for much of 2026. The gain follows the company’s announcement of new AI-powered trading and credit card spending agents. While shares are still down 18% year-to-date, the momentum has lifted Robinhood’s market value to approximately $83 billion.
Shares in Robinhood have climbed as much as 17% in the last 30 days. The stock is having its best two-day run in six weeks, even as bitcoin trades lower.
This breaks from the pattern that has tied the brokerage stock closely to crypto for much of 2026. While shares are still down 18% year-to-date, the momentum could be the start of a rally investors are seeking.
On Wednesday, Robinhood announced new AI features allowing customers to deploy AI Agents to trade stocks and make credit card purchases. The platform joins a crowded field of financial firms introducing AI tools for services like stock research and automated investing management.
“These AI agents for consumers have started to trade in the market,” said Abhishek Fatehpuria, Robinhood’s vice president of product management. Fatehpuria added, “One thing that we’ve learned from talking to our customers is that they want to give their agents the power of Robinhood, but in a very safe way.”
The recent rally is notable because HOOD and bitcoin had been moving tightly together since October. Bitcoin’s price has stalled recently, while HOOD is starting to separate.
HOOD was trading around $91.92, up 8.35% on the day. The stock opened near $85.66, hit an intraday high of $92.46, and moved well above its previous close of $84.84.
Despite the latest innovation, Robinhood’s stock has slid 36% year-to-date. This raises concerns about its performance amid a competitive and volatile trading environment.
Most analysts maintain a positive outlook on Robinhood, with price targets significantly higher than the current $74.09. Bernstein and B of A Securities are particularly optimistic, setting targets at $130 and $154, respectively.
