Bernstein Raises Robinhood Price Target to $160 Amid Growth in Prediction Market Trading
Investment firm Bernstein has raised its price target for Robinhood Markets (HOOD) from $130 to $160, citing strong growth potential in the company's prediction market trading segment. In Q2 of fiscal year 2026, Robinhood reported $156 million in revenue from prediction markets—surpassing both equity and crypto trading segments—which Bernstein expects to grow at a compound annual rate of 64% over the next few years. The firm also highlighted emerging opportunities such as perpetual futures and tokenized equities. With 14 million monthly active users, Robinhood is well-positioned for future product launches. The shift in retail trading behavior appears driven by crypto market volatility; prediction markets offer a way to profit even during bearish cycles when traditional spot trading underperforms. Bernstein describes this trend as part of a
Tickers: $HOOD
Topics: crypto trading prediction markets retail investing Robinhood