Robinhood Sees Strong April Surge: Trading Activity and User Growth Accelerate

Robinhood's April 2025 metrics painted a bullish picture: over 25.9M funded accounts, $232B in platform assets (+5% MoM), and a massive 26% surge in equity trading volumes. Retail trading activity is heating back up — and Robinhood is riding the wave.

ROBINHOOD (HOOD) – Monthly Metrics Confirm Momentum

Price: $62 | 12-Month Target: $80 | Rating: BUY/Overweight

Robinhood’s April 2025 Monthly Metrics Dashboard was just released — and the numbers tell a clear story: this isn’t meme-fueled hype — this is real, scalable growth.

From funded accounts to trading volume, net deposits, and margin activity, Robinhood is firing on all cylinders. The platform is growing, engaging, and monetizing its user base at a rapid clip — and the street is only starting to catch on.

Key April 2025 Highlights

User Base Growth

• 25.9 million funded accounts
• +120K M/M
• +1.92M Y/Y

This kind of steady compounding growth at scale is what long-term investors want to see. Engagement is sticky — and expanding.

Total Platform Assets

• $232.3 billion
• +5% M/M
• +88% Y/Y

That’s nearly $100B in net new assets added in the past 12 months. The “cash on the sidelines” narrative? It’s already in motion — and Robinhood is capturing it.

Net Deposits

• $6.8 billion in April alone
• +37% Annualized Growth Rate
• $59.2B TTM Net Deposits
• +48% LTM Growth

These are not just trading accounts — these are funded, committed customers contributing real inflows.

Cash Sweep Assets

• $28.9 billion total swept cash
• +2% M/M, +51% Y/Y

More clients are holding idle capital inside the platform, further boosting interest income and monetization opportunities.

Trading Activity Surging

Equity Notional Volume

• $157.8 billion
• +26% M/M, +123% Y/Y

Options Contracts Traded

• 167.5 million contracts
• +32% Y/Y

Crypto Volume

• $8.6 billion
• Down 24% M/M, but still holding a $100B+ annualized pace

Margin Book

• $8.4 billion
• +105% Y/Y

Margin growth is particularly telling — this is risk-on behavior, with clients putting more capital to work, not pulling back.

Bottom Line:

Robinhood is transitioning from a “meme stock brokerage” to a serious player with sticky users, growing assets, and accelerating monetization. With record net deposits, platform assets near $250B, and trading activity ripping, the bull case is not just intact — it’s strengthening.

We maintain our Overweight / BUY rating with a 12-month price target of $80.

The stock is currently at $62, a +12% gain since we bought with our investment club Read Stock Rating Here and we believe a breakout through $67 (prior all-time high) sets up a straight shot toward our target.

This is a growth story with real numbers behind it — and we’re buyers here.