Robinhood Shares Down 60% as Analysts Forecast 23% EPS Growth

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Bernstein analysts said Robinhood shares have fallen roughly 60% from all-time highs and carry just 20% crypto-linked revenue, positioning it as more resilient than peers. They maintained an Outperform rating while trimming targets due to expected weak Q1 earnings but forecast 23% EPS growth in 2026.

1. Analysts Maintain Outperform Rating

Bernstein analysts maintained their Outperform rating on Robinhood shares while trimming price targets in anticipation of weak first-quarter earnings, noting sentiment-driven discounts across crypto stocks and expecting a bottom in the sector into Q1 results.

2. Share Decline and Revenue Mix

Robinhood shares have declined roughly 60% from all-time highs as Bitcoin trades below $68,000, but the firm’s crypto-linked revenue represents only about 20% of total sales, offering greater resilience compared to peers like Coinbase.

3. Growth Prospects and 2026 EPS Forecast

Analysts forecast 23% EPS growth for Robinhood in 2026, highlighting the company’s exposure to trillion-dollar markets in prediction markets, stablecoins, tokenized real-world assets, and crypto derivatives as key drivers of long-term upside.

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