Bernstein News & Prediction Market Coverage
Track the latest Bernstein news across prediction markets. Prediction News is following 18 active Bernstein stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Bernstein raises Robinhood target to $160, sees prediction markets topping crypto
OpinionContent farms publish Kalshi explainers as Robinhood builds rival exchange
StocksRobinhood other transaction revenue hits $147M in Q1, driven by event contracts
StocksGoldman Sachs lifts Robinhood price target to $137 on prediction market surge
TradingWorld Cup drives billions in bets across Kalshi and Polymarket
TradingKalshi launches GPU compute forward curves for AI infrastructure pricing
LegalBipartisan Senate bill would ban sports event contracts on CFTC-regulated prediction markets
DealsDraftKings launches in-house DKeX exchange, ending Crypto.com and CME partnerships
TradingDRW, Wintermute, and IMC build prediction market desks for Kalshi and Polymarket
DealsBernstein predicts prediction-market M&A wave as platforms consolidate infrastructure
StocksRobinhood cuts 10% of workforce while event contract volume rises 22%
StocksBernstein analyst sees Robinhood prediction market revenue quadrupling to $586M in 2026
TradingPolymarket trader loses $4.2 million on World Cup as rival pockets $9 million
StocksBernstein forecasts $10 billion in World Cup betting on prediction markets
TradingPred opens public FIFA World Cup markets after 86% retention private beta
StocksRobinhood says event contracts reach $400M annualized revenue and 1M users
TechBitcoin tops $79K as Hyperliquid launches BTC price prediction market
TradingKalshi's first block trade signals prediction markets' institutional pivot, says Bernstein
Frequently Asked Questions
What is Bernstein's forecast for Robinhood prediction market revenue?
Bernstein analyst Gautam Chhugani projects Robinhood's prediction-market revenue will reach $586 million in 2026, up from $150 million in 2025.
What does Bernstein say about World Cup prediction market volume?
Bernstein forecasts $5–10 billion in betting volume on prediction markets during the 2026 FIFA World Cup, calling it a potential watershed moment for the sector.
Who is the Bernstein analyst covering prediction markets?
Gautam Chhugani, Managing Director, Global Digital Assets at Bernstein.
Does Bernstein cover Robinhood stock in relation to event contracts?
Yes, Bernstein maintains a Buy rating on Robinhood (HOOD) and has tied its prediction-market growth to the stock's valuation and Rothera exchange plans.
What is Bernstein's long-term outlook for prediction markets?
Bernstein estimates total prediction-market volumes will reach $240 billion in 2026 and grow to roughly $1 trillion annually by 2030.