Robinhood Markets Inc. ($HOOD) has experienced a remarkable increase in its stock price, rising sevenfold from trough to peak in less than a year. The company's market capitalization is now just 18% below Interactive Brokers and within striking distance of Charles Schwab. Robinhood, which went public less than four years ago, has recently initiated discussions with regulators about tokenized shares. The stock has shown strong technical momentum, regaining its five-day moving average and maintaining an upward trend since May, with analysts noting potential for further gains. On July 14, JMP Securities analyst Devin Ryan upgraded Robinhood to a 'Market Outperform' rating and raised the price target from $70 to $125, a 78.57% increase. Robinhood's CEO acknowledged that the market is beginning to recognize the company’s strategic execution. Additionally, there is anticipation that Robinhood will be included in the S&P 500 index this year, which is expected to boost the stock price by approximately 15%, based on comparable moves seen in companies like The Trade Desk and Palantir Technologies. Hedge funds such as Brad Gerstner’s Altimeter Capital have also increased their stakes in Robinhood, contributing to investor confidence.