
Mizuho survey points to demand for Robinhood stock perps
Mizuho says a survey of 600+ users shows stated demand for single-stock perpetuals. Robinhood has announced no such product.
Mizuho's survey of more than 600 Robinhood users suggests strong stated demand for single-stock perpetual futures, but it measures intent, not trading. Per The Block, 94% said they were likely to trade them and 84% would use mostly new money. Robinhood has announced no such product.
The Ledger Desk · 3 min read- Per The Block, Mizuho reports that 94% of surveyed Robinhood users said they would be likely or very likely to trade single-stock perpetual futures if offered.
- A separate 84% of respondents said they would use mostly or exclusively new money, which Mizuho reads as limited cannibalization of existing equity trading, per The Block.
- Robinhood has not announced single-stock perpetuals; The Block reports its SVP and GM of crypto and international said it had none to announce.
- Robinhood's own 30 June 2025 announcement described crypto perpetual futures for eligible EU customers, so the open question is equity-linked perpetuals, not perpetuals generally.
- The Block does not describe the survey method, so treat the percentages as stated intent from an undisclosed sample.
Mizuho says Robinhood users want single-stock perpetual futures, but the evidence is stated intent from an undisclosed sample, and no such product has been announced. The Block reported on 21 October 2026 on a Mizuho survey of more than 600 active users. The survey is a demand signal, not a volume forecast, and the figures below are as reported by The Block.
What the survey found
Two figures matter, and they measure different things. The Block reports that 94% of respondents said they would be likely or very likely to trade single-stock perpetual futures if offered, while 84% said they would use mostly or exclusively new money. Mizuho reads the second figure as limited cannibalization of existing equity trading. The report gives no field dates, sample selection or question wording, so both figures remain secondhand stated intent.
What Robinhood has said
Robinhood has not announced single-stock perpetuals. The Block reports that Johann Kerbrat, its SVP and GM of crypto and international, said the company had none to announce. That sits alongside an existing product line: Robinhood's newsroom announcement of 30 June 2025 described crypto perpetual futures for eligible customers in the EU, so the open question is whether the instrument extends to equities, not whether Robinhood offers perpetuals at all.
What to watch next
The Block reports Mizuho kept an Outperform rating and a $140 price target on HOOD, and said timing is uncertain but a medium-term product is plausible. Those are an analyst's judgments as of the 21 October 2026 report, not evidence of trading behavior. The checkpoints are concrete: a Robinhood announcement, any regulatory path for equity-linked perpetuals in each jurisdiction, and the leverage, margin and funding terms disclosed at launch.
- What did the Mizuho survey find?
- Per The Block, a Mizuho survey of more than 600 active Robinhood users found 94% would be likely or very likely to trade single-stock perpetual futures if available. Separately, 84% would use mostly or exclusively new money.
- Has Robinhood announced single-stock perpetual futures?
- No. The Block reports that Robinhood has not announced them and that Johann Kerbrat, its SVP and GM of crypto and international, said the company had none to announce.
- What is Mizuho's view on HOOD shares?
- The Block reports that Mizuho kept an Outperform rating and a $140 price target on HOOD, and described a medium-term product as plausible with uncertain timing. These are analyst judgments, not trading data.