Analyst raises Robinhood price target in a bold new call

Robinhood is pivoting from a crypto powerhouse into a massive event-betting hub, with prediction markets set to overtake crypto as a primary revenue line by 2026. While crypto volumes are projected to crater by 38%, the real money is moving into a $70 billion fee pool of event contracts and "compute-linked" speculation. The future of retail finance isn't owning assets; it's betting on outcomes. Is Robinhood still a brokerage, or has it just become a glorified sportsbook? What's your take?
This summary was generated by AI