Survey points to user interest in Robinhood single-stock perps
Interest appears strong, but no launch has been announced
A survey from Mizuho shows strong reported interest in single-stock perpetual futures (contracts that track a single stock without a set expiry date) for Robinhood users, but there is no announcement from Robinhood that these contracts are coming.
The firm says the results could be a positive for Robinhood shares, though timing remains uncertain.
What the survey found
- High interest: Of more than 600 active Robinhood users surveyed, 94% said they would be likely or very likely to trade single-stock perpetual futures if they become available.
- Limited cannibalization: 84% of respondents said they would use mostly or exclusively new money to trade the contracts, rather than moving funds from existing equity trades.
A split between analyst hopes and company statements
Robinhood said on Sept. 29 that it plans to launch perpetual futures trading for U.S. users in the coming months, alongside 24/7 trading for select U.S. equities. However, Johann Kerbrat, Robinhood's senior vice president and general manager of crypto and international, told The Block that the company had no single-stock perpetual plans to announce at the time. He also said Robinhood was still working through the SEC's latest innovation exemption on tokenized stocks.
Mizuho managing director Dan Dolev called the survey results a potential strong positive, and said while timing is uncertain, it is plausible for single-stock perps to come over the medium term. Mizuho reiterated its Outperform rating and $140 target on HOOD.
Industry interest outside Robinhood
Coinbase's September filing to list perpetual futures tied to large-cap U.S. stocks is reported by the source as further evidence of industry interest in this type of product.
What is still unclear
The main uncertainty is timing. There is no confirmed launch date, and Robinhood has not announced single-stock perpetual futures. The reported survey is from Mizuho, not from Robinhood itself.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.