Robinhood's Prediction-Market Revenue Running Above $200 Million Annualized In September
1. Robinhood's event-contract business is surging, with annualized September revenue over $200 million. 2. Analyst Patrick Moley raised HOOD's price forecast to $140, indicating bullish sentiment. 3. Kalshi, Robinhood's partner, is projected to hit a record $2.6 billion in September. 4. Robinhood users represent 25%-35% of Kalshi’s daily volume, crucial for revenue growth. 5. FY25 EPS estimate raised to $1.87, suggesting potential for future earnings growth.