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Bernstein: Robinhood Q2 Prediction Market Revenue Expected to Surpass Crypto Revenue, Target Price Raised to $160

2026-07-22 02:25

Odaily Planet Daily News Bernstein analyst Gautam Chhugani said in a report on Robinhood that the platform's prediction market revenue is expected to exceed its cryptocurrency trading business revenue as early as the second quarter of this year; it is estimated that by 2028, Robinhood's prediction market business annual revenue will approach $2 billion.

Additionally, Bernstein has raised its target price for HOOD from $130 to $160.