Robinhood Is Now Down 11% This Year. Is It Time to Sell?

Robinhood Markets (NASDAQ:HOOD | HOOD Price Prediction) stock is down 11% in 2026 at $100.96, after sliding 9% today in a brutal session. For investors weighing a sale, the evidence points to a problem specific to Robinhood. When all is said and done, you might choose to conduct a measured review of your HOOD stock position instead of a full exit.

The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 13% in 2026, so the drop in Robinhood stock has come while the broad market climbed. Financial stocks as a group have barely moved, with the Financial Select Sector SPDR ETF (NYSEARCA:XLF) up 0.3% year to date. That context makes it hard to blame the slide in Robinhood shares on the market at large.

Meanwhile, Interactive Brokers Group (NASDAQ:IBKR) stock is up 31% in 2026, a gain that leaves Robinhood stock trailing a major brokerage rival by a wide distance. Notably, Webull (NASDAQ:BULL) stock is down 24% year to date, a larger drop than the one weighing on Robinhood shares. Taken together, those peer moves leave Robinhood stock trailing its most established rival while holding up better than its newest one.

Weekend Trading Push Raises the Stakes

Robinhood said on October 1 that it will allow 24-hour weekend trading of U.S. stocks, Reuters reported, extending access as the brokerage industry moves toward longer market hours. That change lets Robinhood’s retail customers react to news that lands while traditional exchanges sit closed. Because Robinhood earns from transaction-based revenue, interest and subscriptions, added hours of access can feed the first of those streams most directly.

Interactive Brokers serves active and professional traders, working at lower margins on far larger volumes. Webull is a smaller, newer entrant competing for the same retail accounts that Robinhood courts. Between them sits Robinhood, earning from a broad retail customer base through transactions, interest and subscriptions.

Each platform sells market access, yet their share prices have split widely in 2026. A 31% gain in Interactive Brokers stock, set against an 11% loss in Robinhood shares, shows the brokerage group hasn’t declined as a whole. Down 24%, Webull stock trails both larger rivals.

That spread points to pressure specific to Robinhood. Dependence on retail activity can leave a platform more exposed to swings in customer enthusiasm.

Sector funds add little to this comparison. Led by the largest banks, card networks and insurers, the Financial Select Sector SPDR ETF gives brokerages a secondary role and holds no Webull at all. Its 0.3% gain serves as a backdrop for the financial sector and carries no read on Robinhood.

Robinhood’s Gap Is Its Own to Close

Robinhood’s bull case rests on breadth, with revenue drawn from transactions, interest and subscriptions across a large retail base, and weekend access gives those customers more hours to use the platform, which can deepen engagement over time. Yet, Robinhood shares are down 11% in a year when the SPY ETF and Interactive Brokers stock have both climbed, and that gap forms the bear case.

Robinhood’s challenge now is whether weekend trading brings in enough incremental revenue to close that gap. A clear lift in customer activity could narrow the distance with Interactive Brokers, while a flat response would leave the weakness in place. For investors holding Robinhood stock, keeping their position size modest leaves room for further swings (we wrote a whole free guide on sizing speculative positions with rules that hold up, here).

Company-specific weakness can support a measured review of their stake rather than a sale. Broader damage across brokerages would strengthen the case for an exit, and gains in Interactive Brokers stock and the SPY ETF could argue against that reading.

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