Robinhood (HOOD) Beneficiary of Barclays’ Positive 2026 Outlook for Wealth Brokers and Alternative Asset Managers Amid Mixed Exchange Environment

Group 1: Company Performance - Robinhood Markets Inc. achieved record revenues of approximately $1.3 billion in Q3 2025, representing a year-over-year increase of over 100% [2] - The company's earnings per share (EPS) more than tripled to $0.61, exceeding estimates by $0.07 [2] - Robinhood Gold, the company's subscription service, reached a record 3.9 million subscribers, showing over 75% year-over-year growth [2] Group 2: Market Outlook - Barclays analyst Benjamin Budish raised the price target for Robinhood to $171 from $168, maintaining an Overweight rating [1] - The outlook for alternative asset managers and wealth brokers is positive, while exchanges and traditional asset managers face a mixed environment [1] - Robinhood's prediction markets business is experiencing rapid growth, doubling its volume every quarter to 2.3 billion contracts in Q3 [3] Group 3: Competitive Advantage - The prediction markets segment surpassed $100 million in annualized revenue and is on track for a $300 million run rate [3] - Robinhood's competitive advantage lies in its distribution network, leveraging over 26 million funded accounts [3] Group 4: Company Overview - Robinhood operates a financial services platform in the US, allowing users to invest in stocks, ETFs, options, gold, and cryptocurrencies [4]