- Morgan Stanley analyst Michael Cyprys said Robinhood’s prediction-market efforts demonstrate that the brokerage can continue expanding revenue.
- Robinhood’s more than two million prediction-market users generated US$156 million of Q2 revenue while adopting additional products, according to the Morgan Stanley note.
- Robinhood shares rose as much as 2.1% in Tuesday trading, while Robinhood Banking surpassed US$4 billion in assets and management identified prediction markets as the company’s fastest-growing business.
- Morgan Stanley also cited perpetual futures, agentic trading and Robinhood’s Sept. 29-30 event as potential catalysts.
Quotes
“Robinhood is “turning product velocity into stronger customer economics,”
“Rothera extends Robinhood’s distribution advantage into infrastructure,”