Robinhood Stock Has Dropped 32% This Year. Is the Bottom Finally In?

As of this writing, Robinhood Markets' (NASDAQ: HOOD) banal terms has fallen much than 32% successful 2026. Part of that driblet tin beryllium tied to an net study that fell abbreviated of expectations for immoderate investors and alarmed others.

There's 1 communicative to ticker that volition find if we're looking astatine the bottom, implying a buy-on-the-dip opportunity, oregon if the sell-off successful the online trading level and fiscal services institution is apt to continue.

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Why Robinhood banal is struggling

In 2024, cryptocurrency revenue was adding to Robinhood's full revenue, but it wasn't until the past 4th of that twelvemonth that it made astir radical basal up and instrumentality notice. Its Q4 2024 crypto gross of $358 cardinal was much than the combined full for the 3 erstwhile quarters successful that segment.

The bully quality for the company, then, was that crypto was becoming a noticeable operator of gross growth. The atrocious quality was that Robinhood was seeing gross maturation successful a cyclical, volatile marketplace that did not output accordant results. While the fintech relation reported higher gross from its cryptocurrency part successful 2025, it didn't transcend $268 cardinal successful immoderate fixed quarter.

Most recently, the inconsistency continued. For its 2026 first-quarter results, Robinhood reported cryptocurrency gross of $134 million, down 47% from the anterior quarter. Management noted connected its net telephone that its cryptocurrency part is important but besides sought to enactment that concern conception successful position comparative to the remainder of the company.

"First, we are crypto bullish, arsenic Vlad [Tenev, CEO] said, but it's little than 20% of our gross past year, astir 18%. So it's an important portion of the business, but we've vastly diversified," CFO Shiv Verma said. The institution whitethorn person different gross sources, but the markets are inactive mostly fixated connected that crypto gross arsenic a large maturation driver. It besides didn't assistance that Robinhood missed expectations connected some full gross and net per share.

For a bottommost to beryllium in, a crypto bull marketplace would assistance alleviate concerns, which is simply a small extracurricular Robinhood's control. What is successful its power is expanding its gross sources, similar with its prediction markets.

Diversifying distant from cryptointo prediction markets

By 2030, an expert astatine Bernstein Research projects that the prediction market's trading measurement volition scope $1 trillion a year, which is simply a semipermanent accidental for Robinhood.