Key Takeaways
- • Robinhood (NASDAQ: HOOD) reports third-quarter results after the close on Tuesday, October 27, 2026, with a video call at 5:00 p.m. ET, and analysts expect revenue of about $1.42 billion to $1.43 billion, up roughly 12% from $1.27 billion a year earlier.
- • Consensus EPS of about $0.55 to $0.56 sits below the $0.61 reported a year ago, setting up a test of whether growth is slowing despite double-digit revenue expansion.
- • Prediction-style event contracts brought in $156 million of Q2 transaction revenue, more than 10 times the prior year, while crypto revenue fell 38% to $100 million, its third straight quarterly decline.
- • Technical levels are pivotal: $95.11 marks a rising trendline from the April low, with a daily close below it opening $85.30 and $73.42, and a close above $103.32 opening $108.03.
- • HOOD closed at $96.58 on October 22, down 5.25%, and trades about 36% below its 52-week high of $150.47.
Summary
Robinhood Markets (NASDAQ: HOOD) enters its earnings week sitting on a key technical support level. According to TradingKey, the stock fell 5.25% to $96.58 on Thursday, October 22, as an AI and chip selloff hit high-growth names. The decline occurred the same day the Dubai Financial Services Authority authorized Robinhood to launch its retail investing platform in the Middle East next year from the Dubai International Financial Centre. Shares remain about 36% below their 52-week high of $150.47.
Robinhood reports third-quarter results after the close on Tuesday, October 27, with a video call at 5:00 p.m. ET. Analysts expect revenue of roughly $1.42 billion to $1.43 billion, up about 12% from $1.27 billion a year earlier, while EPS is expected at about $0.55 to $0.56, below the $0.61 reported in the prior-year period. According to MarketBeat, Robinhood has beaten EPS estimates in five of its last eight quarters.
The second quarter provided a mixed backdrop. Revenue rose 32% to a record $1.31 billion and EPS of $0.62 topped the $0.44 consensus, though roughly $129 million of gains, mainly from deconsolidating a venture fund, contributed to profit. Net deposits reached a record $21.7 billion, Robinhood Gold subscribers grew 39% to 4.8 million, and funded customers rose 7% to 28.4 million. Within transaction revenue, event contracts generated $156 million, more than ten times the year-earlier level, while crypto revenue fell 38% to $100 million. Options revenue rose 29% to $342 million and equities revenue jumped 95% to $129 million. September data showed about 4.4 billion event contracts traded from September 1 to 24, with crypto notional volume of roughly $17 billion, of which $7 billion ran through the Robinhood app and $10 billion through Bitstamp.
On costs, Robinhood lowered its 2026 adjusted operating expense and stock-based compensation guidance in July to $2.675 billion to $2.775 billion, from $2.70 billion to $2.825 billion, a move that supports margins if trading activity slows. HOOD trades at about 43 times trailing and 38 times forward earnings, a premium to traditional brokers. The average analyst target is roughly $130 to $134, with Bank of America raising its target to $156 from $140 (Buy, October 5) and Wells Fargo cutting its target to $120 from $125 (Equal Weight, October 14).
Technically, the stock sits on a rising trendline from the April low that aligns with $95.11 support, with Thursday's low near $95.62 holding just above that level. Shares have slipped below the 50-day and 200-day moving averages at $103.32 and $106.75 respectively, and RSI near 38 points to weak but not oversold momentum. TradingKey identifies resistance at $103.32, $106.75 and $108.03, and support at $85.30 and $73.42. The publication's analysis is neutral while HOOD holds $95.11, with the earnings report viewed as the likely catalyst for the next directional move. These views are the author's own and are not investment advice.
Robinhood reports third-quarter results after the close on Tuesday, October 27, with a video call at 5:00 p.m. ET. Analysts expect revenue of roughly $1.42 billion to $1.43 billion, up about 12% from $1.27 billion a year earlier, while EPS is expected at about $0.55 to $0.56, below the $0.61 reported in the prior-year period. According to MarketBeat, Robinhood has beaten EPS estimates in five of its last eight quarters.
The second quarter provided a mixed backdrop. Revenue rose 32% to a record $1.31 billion and EPS of $0.62 topped the $0.44 consensus, though roughly $129 million of gains, mainly from deconsolidating a venture fund, contributed to profit. Net deposits reached a record $21.7 billion, Robinhood Gold subscribers grew 39% to 4.8 million, and funded customers rose 7% to 28.4 million. Within transaction revenue, event contracts generated $156 million, more than ten times the year-earlier level, while crypto revenue fell 38% to $100 million. Options revenue rose 29% to $342 million and equities revenue jumped 95% to $129 million. September data showed about 4.4 billion event contracts traded from September 1 to 24, with crypto notional volume of roughly $17 billion, of which $7 billion ran through the Robinhood app and $10 billion through Bitstamp.
On costs, Robinhood lowered its 2026 adjusted operating expense and stock-based compensation guidance in July to $2.675 billion to $2.775 billion, from $2.70 billion to $2.825 billion, a move that supports margins if trading activity slows. HOOD trades at about 43 times trailing and 38 times forward earnings, a premium to traditional brokers. The average analyst target is roughly $130 to $134, with Bank of America raising its target to $156 from $140 (Buy, October 5) and Wells Fargo cutting its target to $120 from $125 (Equal Weight, October 14).
Technically, the stock sits on a rising trendline from the April low that aligns with $95.11 support, with Thursday's low near $95.62 holding just above that level. Shares have slipped below the 50-day and 200-day moving averages at $103.32 and $106.75 respectively, and RSI near 38 points to weak but not oversold momentum. TradingKey identifies resistance at $103.32, $106.75 and $108.03, and support at $85.30 and $73.42. The publication's analysis is neutral while HOOD holds $95.11, with the earnings report viewed as the likely catalyst for the next directional move. These views are the author's own and are not investment advice.
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