What Could Robinhood Stock Be Worth In Three Years?
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Shares of Robinhood Markets (HOOD) cost far less than they did a year ago. The stock closed at $80.91 on November 6, 2026, down 43.2% over the past twelve months. Buyers at that price pay 36.6 times earnings, compared to an average of 44.0 at its quarter ends since June 2024. If you buy now, how much could you make by holding the shares for three years?
Robinhood Stock Would Be Worth About $102 A Share
Under these assumptions, Robinhood stock would be worth about $102.23 a share three years from now, sitting 26.3% above the November 6 close. That return comes out to about 8.1% a year. This scenario provides basic arithmetic based on the company’s own figures, rather than a formal forecast. It assumes annual revenue grows 16.7%. That rate represents four-fifths of the 20.9% growth Robinhood reported over the twelve months to fiscal Q3 2026, adjusted downward because the current pace falls well below the average of the two twelve-month periods before it.
| Today | In three years (scenario) | |
|---|---|---|
| Revenue | $5.08 billion | $8.08 billion |
| Net margin | 39.0% | 34.7% |
| Earnings | $1.98 billion | $2.80 billion |
| P/E | 36.6 | 32.8 |
| Share price | $80.91 | $102.23 |
Revenue growth drives all of the gain. The scenario also assumes a thinner net margin and, because revenue growth is slowing, a lower P/E, with part of the upside lost to each. On the October 27 call, management said Robinhood’s market share grew by double digits from a year earlier in equities, options, crypto and margin.
What Does Robinhood Have To Keep Doing?
Robinhood needs customers to continue trading and depositing funds. Revenue in fiscal Q3 2026 rose 12% from a year earlier to a record $1.4 billion, the company said, and users brought in $16 billion in net deposits. Robinhood Gold, its paid subscription, reached a record 5.2 million subscribers.
Management also said the international business is starting to accelerate. Robinhood has secured a Dubai license and in-principle approval to expand into Singapore. Yet that 12% revenue rise fell short of the pace the scenario assumes for each of the next three years, and management provided no revenue guidance for fiscal 2026 in its October 27 release.
How Would Robinhood’s Upside Change In Other Scenarios?
Robinhood’s upside would range from a loss to a gain well above the scenario’s, depending on which assumptions change. Each row below alters one assumption while keeping the other two exactly as they appear in the scenario.
| If instead | Upside |
|---|---|
| Nothing changes (the scenario) | 26.3% |
| Revenue growth of 14.7% a year instead of 16.7% | 20.0% |
| Net margin of 24.5% in year three instead of 34.7% | -10.6% |
| P/E of 36.6 in year three instead of 32.8 | 41.3% |
| 5 years at the same assumptions instead of 3 | 72.1% |
Robinhood also starts from a high margin. Its net margin over the latest twelve months sits far above its average for the twelve-month periods ended from September 2023 to June 2026, a stretch that opened with losses. Revenue growth has also slowed, dropping to 20.9% over the latest twelve months from 74.6% in the twelve months to fiscal Q3 2025. Additionally, the scenario holds the share count at today’s level. Because Robinhood’s diluted share count rose 1.8% from fiscal Q3 2023 to fiscal Q3 2026, each share would receive less than the scenario shows if that rise continues.
Holding the other two assumptions steady, annual revenue growth could slow to 8.0%, against the 20.9% Robinhood delivered over its latest twelve months, before three years of owning the stock return nothing. The net margin could drop from 39.0% today to 27.5% before the same happens. The P/E could also slide to 25.9 from today’s 36.6 with the same result.
A three-year hold may meet a crash, a rally or both. Set up your portfolio for each.
Robinhood stock trades below its own recent average P/E, and the business behind it is still growing. Robinhood’s revenue growth over twelve months is the measure to watch when the company reports its fiscal Q4 2026 results, expected in February 2027.
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