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Bernstein forecasts prediction markets will generate 1.7 billion dollars for Robinhood by 2028, surpassing crypto revenue, EdgeX Pro reports
- Bernstein forecasts prediction markets will generate 1.7 billion dollars for Robinhood by 2028, surpassing crypto revenue, EdgeX Pro reports — Bernstein analysts projected Robinhood prediction market revenue will climb from about 650 million dollars this year to 1.7 billion dollars in 2028, above the 1.6 billion dollars expected from crypto that year and about 18 percent of projected total revenue of 9.4 billion dollars. The brokerage raised its Robinhood revenue estimates by 3 percent for 2026, 4 percent for 2027 and 3 percent for 2028, leaving its 160 dollar price target unchanged. (EdgeX Pro)
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