HOOD’s prediction markets to add $1.7B to revenue, exceed crypto by 2028: Bernstein

Bullish+2.30%

26 Oct, 13:12

Source: Cointelegraph

AI Summary

Bernstein raises Robinhood's revenue estimates through 2028 as prediction markets are projected to become a major growth driver exceeding crypto trading revenue.

HOOD’s prediction markets to add $1.7B to revenue, exceed crypto by 2028: Bernstein

Bernstein analysts raised Robinhood’s revenue estimates through 2026 and 2028, while maintaining their HOOD price target unchanged at $160.