COINTELEGRAPH · 2026-10-26 13:12 UTC

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

Bernstein analysts forecast prediction markets could generate $1.7 billion in revenue for Robinhood by 2028, surpassing projected $1.6 billion in crypto revenue that year. Prediction market revenue expected to grow from $650 million this year to $1.7 billion by 2028, representing roughly 18% of Robinhood's projected $9.4 billion total 2028 revenue. Bernstein raised Robinhood's 2026-2028 revenue estimates by 3-4% while maintaining $160 price target; stock currently trading around $93.60 in premarket, down 29% over past 12 months.

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