Bernstein: Robinhood Q2 Prediction Market Revenue Expected to Surpass Crypto Revenue, Target Price Raised to $160
2026-07-22 02:25
Odaily Odaily Planet Daily News Bernstein analyst Gautam Chhugani stated in a report on Robinhood that the platform's prediction market revenue is expected to surpass its cryptocurrency trading revenue as early as the second quarter of this year. By 2028, Robinhood's prediction market business is projected to generate nearly $2 billion in annual revenue.
In addition, Bernstein has also raised the target price for HOOD from $130 to $160.
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