According to TheMarketPeriodical, Robinhood announced its entry into Indonesia by acquiring two local brokerages, PT Buana Capital Sekuritas and PT Pedagang Aset Kripto, as part of its global expansion strategy. The company plans to launch a local app for stock and crypto trading in 2027. Despite the expansion, HOOD stock has dropped 15% from its highs, with analysts noting valuation concerns and a forward P/E ratio of 65, significantly higher than the sector median. The company's funded customers rose to 26.8 million in Q3 2025, and its revenue doubled year-over-year to $1.27 billion.
Robinhood Enters Indonesia Market Amid HOOD Stock Decline
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