Robinhood Stock Falls After Analysts Cite Weak Crypto Volumes And Market Headwinds In Q2 Outlook
1. HOOD reported EPS of $0.37, beating estimates of $0.32. 2. Quarterly revenue reached $927 million, exceeding the forecast of $922.53 million. 3. Analysts maintain mixed ratings, with price targets ranging from $47 to $70. 4. New record of $18 billion in net deposits highlights strong customer engagement. 5. Weakening crypto volumes and potential market changes could impact future performance.