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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Courtney Carlsen, The Motley FoolSun, Jul 27, 2025, 12:00 PM 5 min readRobinhood has experienced substantial growth, with platform assets more than doubling since 2023.The company has enhanced its trading platform and added services, including wealth management.However, the stock has surged 334% in the past year, leaving the shares sitting today at a lofty valuation.10 stocks we like better than Robinhood Markets ›Robinhood Markets (NASDAQ: HOOD) has experienced an impressive surge over the past year, capturing investors with its remarkable turnaround. After facing scrutiny for its payment-for-order-flow business model and its role in the 2021 meme stock frenzy, the company is becoming a formidable player in the financial landscape.Robinhood is adding customers and assets at an impressive rate, and it continues to do so as it upgrades its platform, grows the business, and expands the investments its customers can purchase. It's even diving into company tokens and prediction markets.However, the stock has skyrocketed by 173% since the start of the year. So, is now the time to buy? Let's take a closer look and find out.A few years ago, Robinhood was a struggling company. It faced intense scrutiny from regulators and customers alike, and its growth stagnated. Fast forward to today, and it has kick-started growth, enhanced its platform, and is pursuing several avenues to drive growth.One upgrade is Robinhood Legend. This browser-based platform, the company says, aims to be "the most state-of-the-art desktop platform for trading," as Robinhood seeks to persuade active traders to switch. The company has also expanded the products that customers can trade, including index options, futures, and event contracts that capitalize on the growing popularity of prediction markets.The company also wants to tap into its young customer base and help fulfill their financial needs. In recent years, it has introduced services such as wealth management, advisory services, savings, and spending management, along with retirement accounts with matching contributions.Robinhood's efforts have paid off big time. Since the end of 2023, platform assets have more than doubled, from $102.6 billion to $255 billion (as of May 31).Image source: Robinhood.Millennials and Gen Zers hold about 75% of Robinhood's funded accounts, and a massive wealth transfer over the coming decades could bode well for the company's very long-term asset growth. According to a wealth transfer report from Boston wealth management firm Cerulli Associates, these generations could inherit assets worth up to $124 trillion over the next 25 years.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,389.77 +1.13 (+0.02%)Dow 3044,837.56 -64.36 (-0.14%)Nasdaq21,178.58 +70.27 (+0.33%)Russell 20002,256.02 -5.04 (-0.22%)VIX15.18 +0.25 (+1.67%)Gold3,316.40 -19.20 (-0.58%)PortfolioSign in to access your portfolioSign inTop gainersSCLX Scilex Holding Company 15.52 +3.56 (+29.77%)STEM Stem, Inc. 18.83 +3.84 (+25.63%)NEGG Newegg Commerce, Inc. 39.08 +4.77 (+13.90%)LYEL Lyell Immunopharma, Inc. 13.73 +1.31 (+10.55%)SMCI Super Micro Computer, Inc. 60.05 +5.58 (+10.24%)Top losersCHPT ChargePoint Holdings, Inc. 9.93 -2.28 (-18.69%)ALB Albemarle Corporation 74.74 -9.00 (-10.75%)MCRB Seres Therapeutics, Inc. 13.24 -1.29 (-8.88%)KB KB Financial Group Inc. 78.42 -7.50 (-8.72%)QS QuantumScape Corporation 10.98 -0.99 (-8.32%)Most activeNVDA NVIDIA Corporation 176.75 +3.25 (+1.87%)TSLA Tesla, Inc. 325.59 +9.53 (+3.02%)WBD Warner Bros. 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