Brokerage stocks rise ahead of Webull’s Q2 2026 earnings and Robinhood’s push for tokenized stock approvals amid Bitcoin’s 6% gain.
Webull shares climbed 7% to $8.49 ahead of its Q2 2026 earnings report, with analysts projecting $182.83 million in revenue, up from $156.94 million a year earlier. Consensus EPS estimates stand at $0.03 for the quarter.
Robinhood gained 7% to $98.45 as CEO Vlad Tenev lobbied regulators for tokenized stock approvals, aligning with Bitcoin’s 6% rally to $68,500. Coinbase surged 11% to $163.32 but remains down 35% year-to-date, reflecting a bounce rather than a trend reversal.
The rally in retail brokerage stocks follows Bitcoin’s rebound, though both Robinhood and Coinbase remain sharply lower for the year. Webull’s earnings report is expected after the close on August 19.