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.
Bernstein analysts raised Robinhood’s revenue estimates through 2026 and 2028, while maintaining their HOOD price target unchanged at $160.
Bernstein analysts expect prediction markets to become one of the incremental earnings drivers for trading platform Robinhood Markets (HOOD), potentially surpassing its crypto-derived revenue.
Prediction markets could drive up to $1.7 billion in business for Robinhood by 2028, surpassing the projected $1.6 billion in crypto-based revenues for that year, according to a Bernstein analysts’ forecast shared with Cointelegraph on Monday.
The forecast comes a day ahead of Robinhood’s third-quarter 2026 report and shows that prediction markets are becoming a growing revenue source for the retail-focused trading platform.