Robinhood Prediction Market Revenue to Top Crypto, Analysts Say
Bernstein raised its Robinhood price target to a Street-high $160 from $130, saying the quarter ending June should be the first in which prediction markets overtake crypto as a revenue line, at roughly $150 million. It sees the business reaching $1.7 billion by 2028 while cutting 2026 crypto trading revenue estimates by 49%.
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