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Robinhood Prediction Market Revenue to Top Crypto, Analysts Say

Bloomberg Technology Tuesday 21 July 2026, 19:40 UTC By Elena Eisenstadt 1 min read
Key Points

Robinhood Prediction Market Revenue to Top Crypto, Analysts Say Trading platform Robinhood Markets Inc.’s revenue from prediction market is set to overshadow that from cryptocurrency trading, starting as soon as the second quarter, analysts at Bernstein and Piper Sandler said this week. The three months ending in June could mark the first quarter in which “prediction markets surpass crypto as a revenue line,” Bernstein analyst Gautam Chhugani wrote in a note to clients on Monday. Chhugani,...

Robinhood Prediction Market Revenue to Top Crypto, Analysts Say Trading platform Robinhood Markets Inc.’s revenue from prediction market is set to overshadow that from cryptocurrency trading, starting as soon as the second quarter, analysts at Bernstein and Piper Sandler said this week. The three months ending in June could mark the first quarter in which “prediction markets surpass crypto as a revenue line,” Bernstein analyst Gautam Chhugani wrote in a note to clients on Monday. Chhugani, who has the equivalent of a buy rating on the stock, raised his price target on Robinhood to a Street-high $160 from $130, to reflect the new market opportunities.
Robinhood Prediction Market Revenue (ORG) Robinhood Markets Inc.’s (ORG) Bernstein (ORG) Piper Sandler (PERSON) Gautam Chhugani (PERSON) Chhugani (PERSON) Robinhood (LOCATION)
Originally published by Bloomberg Technology Read original →

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