HOOD is trading at $76.27 (-7%) after missing Q1 2026 estimates due to a 47% YoY drop in crypto trading revenue.
- Robinhood reported revenue of $1.07B and EPS of $0.38, missing analyst targets as crypto revenue fell to $134M amid a market slowdown.
- While net deposits reached a bright spot of $17.7B, the stock is facing additional pressure from broader market weakness as the Nasdaq fell -0.89%.