Bernstein: Robinhood Faces Short-Term "Crypto Sentiment" Disturbance, Maintains "Outperform" Rating

Odaily News Bernstein stated that although Robinhood's stock price faced short-term pressure due to declining crypto business revenue, the institution believes this is merely a phase of "crypto market sentiment volatility." It maintains a $160 target price and an "Outperform" rating, implying approximately 87% upside potential from recent closing prices. Analysts also emphasized that the rapid growth of the prediction market business will drive Robinhood's rise. Data shows this business already accounts for about 14% of Robinhood's trading revenue and about 8% of total revenue. The platform's fourth-quarter prediction market trading volume reached 8.5 billion contracts, exceeding previous expectations. Trading volume reached 4 billion contracts by early 2026, with a full-year forecast of 27 billion contracts. (The Block)