Bernstein Raises HOOD Target to $160 Citing Prediction Market Revenue Growth
2026-07-22 10:25

Woofun AI reports that Bernstein analyst Gautam Chhugani projects Robinhood's prediction market revenue could surpass its cryptocurrency trading revenue as early as the second quarter of this year. The firm estimates the prediction market segment will generate nearly $2 billion in annual revenue by 2028, leading Bernstein to raise its price target for HOOD from $130 to $160.

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Gautam Chhugani
Bernstein
Robinhood
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