Bernstein Raises Robinhood Target Price to $160, Forecasts Prediction Market Revenue to Exceed Crypto Trading by Q2

HOOD-1.56%
According to Bernstein analyst Gautam Chhugani, Robinhood's prediction market revenue is expected to surpass its crypto trading revenue as early as Q2 2026. The firm projects that by 2028, prediction market annual revenue will approach $2 billion. Bernstein has also raised its price target for Robinhood (HOOD) to $160 from $130.
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