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Bernstein Keeps $130 Robinhood Target After Q1 Revenue Miss

2026-04-29 19:04:53

Abstract generation in progress

Bernstein kept its outperform rating and $130 Robinhood price target after Robinhood reported Q1 revenue of $1.067 billion, a 7% miss versus estimates. The note said crypto revenue fell to $134 million, or 13% of total revenue, down from 17% in Q4 2025. The note also said prediction markets traded a record 8.8 billion event-contract units in Q1.

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