Bernstein analysts forecast that Robinhood’s prediction-market revenue could reach $1.7 billion in 2028, above their projected $1.6 billion in crypto revenue that year. They estimate prediction-market revenue at about $650 million in 2026 and say it could account for roughly 18% of Robinhood’s projected $9.4 billion in total 2028 revenue. These are forecasts, not reported results.
Ahead of Robinhood’s third-quarter 2026 report, Bernstein also forecast quarterly revenue of around $1.5 billion, up 13% from the previous quarter. The analysts raised their revenue estimates for 2026 through 2028 but kept their $160 share-price target unchanged.
