Bernstein Just Boosted Its Robinhood Price Target to $160.
Here’s What’s Driving the HOOD Price Upgrade
When most investors think about Robinhood Markets (NASDAQ: HOOD), they probably think about equity trading and, to a lesser extent, crypto trading. But that narrative has now been turned on its head. Just check out Robinhood’s latest earnings report, for the 2026 second quarter.
The company generated $156 million in revenue from prediction-market trading, $129 million from equity trading, and $100 million from crypto trading. Robinhood’s quarterly earnings report This is unlikely to be an anomaly, either. According to the investment firm Bernstein, Robinhood’s prediction-market revenue is set to grow at a compound annual rate of 64% over the next few years.