Vlad Tenev Says Robinhood Wants Retail Investors To Trade Like The Pr…
By ai_poster · 7/3/2026, 12:32:33 AM
Robinhood Markets Inc. (HOOD) CEO Vlad Tenev said on Thursday that the brokerage wants to empower retail traders with the same tools and power that institutional investors at high-frequency trading firms have enjoyed for decades. During an interview with CNBC, Tenev highlighted the end goal of Robinhood’s agentic AI trading offerings for retail investors. Tenev predicted in the interview that AI agents will soon have the same capabilities as human traders. He added that programmatic trading has been out of reach of retail traders so far, a gap that Robinhood is trying to plug following the launch of agentic trading on its platform in May this year. Robinhood introduced Agentic Trading and the Agentic Credit Card in May this year, allowing customers to connect AI agents that can execute trades and make purchases on their behalf. Mizuho compared Robinhood's strategy to Amazon's AWS and Microsoft's Azure, saying the company is disrupting a fragmented market to build a broader financial platform. Mizuho raised its price target on Robinhood to $130 from $115 while keeping an ‘Outperform’ rating. Robinhood shares were up nearly 3% in Thursday’s pre-market trade.
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