Bernstein: Robinhood prediction markets to add $1.7B, surpass crypto by 2028
- —Bernstein lifted Robinhood revenue estimates for 2026 and 2028
- —Prediction markets expected to add about $1.7 billion in revenue
- —The segment is seen surpassing crypto revenue by 2028
- —HOOD price target held unchanged at $160
Why it matters: Prediction markets are becoming a material revenue driver for Robinhood and could reshape the earnings mix of crypto brokers.
Source: Cointelegraph