Robinhood Retirement Assets Hit $31B Despite Crypto Revenue Slump

Robinhood Markets (NASDAQ: HOOD) announced its Q1 2026 financial results, leading to a decline in share price to $73.66, significantly lower than its 52-week peak of $154. The company's crypto revenue fell to $134 million from $268 million year-over-year, attributed to limited trading ranges in Bitcoin and altcoins. Nevertheless, CEO Vlad Tenev shared on X that retirement assets under management have increased to $31 billion since launch, up from the $27.4 billion mentioned in the earnings report. Active retirement accounts surged by 50% to around 1.98 million. Futures contracts traded soared to 20.1 million from 3.4 million, while index options rose to 29.4 million from 10.4 million. The prediction marketplace executed 8.8 billion event contracts in Q1 2026. Robinhood was chosen for the Trump accounts program under the Big Beautiful Bill, with corporate contributors like Michael Dell pledging $250 per account. Bullish valuation estimates suggest a fair value of $194.61 per share, while conservative DCF models indicate $44.76. Technical analysis identifies support at $65.47 and resistance at $74.41, with a potential rally towards $100. Analysts forecast Q2 2026 revenue at $1.19 billion and a 13% growth in full-year 2026 revenue.