Hood Q2: A product factory hitting its stride: Predictions new growth engine, crypto turns to tokenization

研报英文原文证据摘录

Hood Q2: A product factory hitting its stride: Predictions new growth engine, crypto turns to tokenization

30 July 2026

Gautam Chhugani

+91 226 842 1416

Global Digital Assets gautam.chhugani@bernsteinsg.com

Robinhood Markets Inc Mahika Sapra

+91 226 842 1408

Rating mahika.sapra@bernsteinsg.com

Outperform Sanskar Chindalia

Price Target +91 226 842 1445

sanskar.chindalia@bernsteinsg.com

HOOD 160.00 USD

Harsh Misra

+91 226 842 1457

harsh.misra@bernsteinsg.com

HOOD Q2: A product factory hitting its stride - Predictions new

growth engine, crypto turns to tokenization

Robinhood delivered a strong quarter beating both top line and EPS. As expected, prediction

Close Date 29 Jul 2026

markets is now the second-largest trading product after equity options, offsetting any

HOOD Close Price (USD) 89.84

weakness in crypto trading. Crypto business in itself is evolving to more sustainable growth

Price Target (USD) 160.00

driven by real-world assets tokenization via the Robinhood chain and Bitstamp. Besides, this

Upside/(Downside) 78%

is just the start of the adoption cycle for prediction market and tokenization. HOOD stays on

52-Week Range 153.86/63.52

the innovation edge with further frontier investments in agentic finance and agentic trading.

SPX 7,316.15

FYE Dec

Looking beyond trading, credit cards is now the 13th business to cross $100Mn revenue and

Div Yield NA

building the foundation into a broader push into Robinhood banking. Management’s special

Market Cap (USD) (M) 80,940

ability to conceive and scale new businesses, while being disciplined on costs makes HOOD a

EV (USD) (M) 86,552

high conviction idea for us, despite market volatility around the stock.

Performance YTD 1M 6M 12M