Robinhood Crypto Revenue Expected to Fall in Q1 After Record Late 2024 Gain: JPMorgan

Quick Summary:

After a 700% surge in Q4 crypto revenue, analysts now expect a pullback in Q1 as trading activity slows.

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Worthington maintained a neutral rating on the stock and trimmed his price target by $1 to $44, suggesting about 10% downside from the current price just below $49.

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Article Details

Author / Journalist: Helene Braun

Category: Crypto

Markets: United StatesCuba

Topics: News Markets Robinhood Earnings

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 15:12:32 (1 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 283 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 28287940

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