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Robinhood Q1 Preview Signals Crypto Drag, $1.14 Billion Revenue Expected

Options pricing points to a roughly 10% move after Tuesday’s report.

Overview

  • Robinhood will post first‑quarter results Tuesday, April 28, after the close, with Wall Street looking for $0.39 in EPS and about $1.14 billion in revenue.
  • Analysts expect a sharp drop in crypto trading revenue, which they see as the quarter’s main weak spot.
  • Stock and options trading revenue, plus net interest income from margin loans and idle cash, are expected to help offset the crypto slowdown.
  • Options markets imply a swing of about 10% in either direction following the release, which is larger than HOOD’s average move over the last four reports.
  • Despite the share price falling about 25% this year, analyst targets cluster near $106–$110 with a Strong Buy tilt, suggesting roughly 25% upside from recent levels.