{"id":87796,"date":"2026-04-29T13:48:32","date_gmt":"2026-04-29T13:48:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=87796"},"modified":"2026-04-29T13:48:32","modified_gmt":"2026-04-29T13:48:32","slug":"robinhood-stock-tanks-to-73-but-bernstein-targets-higher-for-hood","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=87796","title":{"rendered":"Robinhood Stock Tanks To $73, But Bernstein Targets Higher For HOOD"},"content":{"rendered":"<div>\n<p><strong>Robinhood<\/strong> <a class=\"ticker-link\" data-ticker=\"HOOD\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/HOOD\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/HOOD\">HOOD<\/a>) is down to $73 Wednesday after Q1 crypto revenue plunged 47% to $134 million, yet Bernstein maintains its $130 target for the stock.<\/p>\n<h3 class=\"wp-block-heading\">The Q1 Miss: Crypto Revenue Collapsed<\/h3>\n<p>Robinhood on Tuesday <a href=\"https:\/\/investors.robinhood.com\/static-files\/15576d76-2d02-4aea-a40d-48e694c04a4b\">reported<\/a> cryptocurrency revenues of $134 million and native-app notional trading volumes of $24 billion, year-over-year declines of 47% and 48% respectively.\u00a0<\/p>\n<p>Crypto now accounts for just 13% of total revenue versus 17% in Q4 2025.<\/p>\n<p>Q1 revenue hit $1.067 billion, a 7% miss versus estimates. Adjusted EBITDA of $534 million missed expectations by 9%.\u00a0<\/p>\n<p>The company posted net income of $346 million, a 3% increase year-over-year, maintaining profitability despite the crypto collapse.<\/p>\n<h3 class=\"wp-block-heading\">What Worked: Prediction Markets, Gold Subscribers<\/h3>\n<p>Prediction markets emerged as the primary growth driver with event contracts trading a record 8.8 billion units in Q1.\u00a0<\/p>\n<p>This segment contributed $415 &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/04\/52128832\/robinhood-stock-tanks-to-82-but-bernstein-targets-higher-for-hood?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Robinhood\" stock tanks to but bernstein targets higher for hood>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Robinhood (NASDAQ:HOOD) is down to $73 Wednesday after Q1 crypto revenue plunged 47% to $134 million, yet Bernstein maintains its $130 target for the stock. The Q1 Miss: Crypto Revenue Collapsed Robinhood on Tuesday reported cryptocurrency revenues of $134 million and native-app notional trading volumes of $24 billion, year-over-year declines of 47% and 48% respectively.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-87796","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/87796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=87796"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/87796\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=87796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=87796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=87796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}