Robinhood Markets Inc. ($HOOD) shares have surged to new all-time highs, crossing the $100 per share mark for the first time in its history as of early July 2025. The stock has experienced a year-to-date gain of approximately 120% and a nearly 300% increase over the past year. This rally follows a strong recovery since April lows, with the stock doubling in value and showing resilience through multiple support and resistance tests. Investor enthusiasm is driven by Robinhood's expansion into cryptocurrency, rising user metrics, and a broader revival in retail trading. Despite being recently passed over for inclusion in the S&P 500 index in favor of Datadog Inc. ($DDOG), which will replace Juniper Networks due to its acquisition by Hewlett Packard Enterprise, Robinhood is expected to join the index in the future. Market participants note Robinhood's rapid growth since its IPO less than four years ago, with its market capitalization approaching that of Interactive Brokers and potentially Charles Schwab. Analysts and investors remain optimistic about the stock's trajectory, with some projecting further gains beyond $120 per share.