Bernstein: Robinhood's Q2 projected market revenue is expected to surpass crypto revenue, target price raised to $160
According to Odaily, Bernstein analyst Gautam Chhugani stated in a post about a certain exchange that its prediction market revenue is expected to surpass its cryptocurrency trading business revenue as early as the second quarter of this year. It is anticipated that by 2028, the exchange's annual prediction market revenue will approach 2 billion US dollars.
In addition, Bernstein has raised the target price for HOOD from 130 US dollars to 160 US dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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