Robinhood Markets (NASDAQ:HOOD) could credit new products for strong second-quarter results when the company reports earnings Wednesday after market close.
Here are the key earnings estimates, analyst expectations and items to watch.
Robinhood Q2 Earnings Estimates
Analysts expect Robinhood to report second-quarter revenue of $1.21 billion, up from $989 million in the year-ago quarter, according to Benzinga Pro data.
The company has missed revenue estimates in two consecutive quarters but has exceeded expectations in seven of the past 10 quarters.
Analysts expect second-quarter earnings per share of 41 cents, compared with 42 cents per share in the same period last year.
Robinhood has beaten EPS estimates in eight of the past 10 quarters but missed expectations in the first quarter.
Robinhood Analyst Ratings and Price Targets
Here are some of the latest analyst ratings on Robinhood stock and their price targets:
- KeyBanc: Maintained Overweight rating, raised price target from $100 to $125
- Needham: Maintained Buy rating, raised price target from $97 to $123
- Bernstein: Maintained Outperform rating, raised price target from $130 to $160
- Goldman Sachs: Maintained Buy rating, raised price target from $121 to $137
Key Items to Watch
After missing first-quarter estimates for both revenue and earnings per share, Robinhood will look to rebound by highlighting new products and growth initiatives when it reports results.
The company recently launched Robinhood Chain, a Layer 2 blockchain designed to expand its cryptocurrency ecosystem, while meme coin activity has gained traction among crypto traders.
Robinhood has also become a key partner in Trump Accounts, a White House-backed child investment account initiative, though the impact on revenue may come later as adoption ramps.
Prediction markets remain another growth area for the company. With major sporting events, including the World Cup, boosting interest in event contracts, investors will be watching for continued momentum in this segment.
Transaction-based revenue rose 7% year-over-year in the first quarter, though cryptocurrency revenue declined. Investors will be looking for stronger growth in overall transaction revenue and signs of a crypto rebound.
Management previously said April was on track to become the company’s strongest month of the year for equity and options trading.
The key question is how much of the growth from Trump Accounts and Robinhood Chain will be reflected in second-quarter results versus future quarters. With that in mind, management’s outlook and guidance could prove just as important as the earnings report itself.
Price Action
Robinhood stock is down 3.7% to $92.07 on Tuesday versus a 52-week trading range of $63.52 to $153.86. Robinhood shares are down 20.1% year-to-date in 2026.
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