WARNING: BITCOIN IS ABOUT TO DROP AGAIN...
These notes were generated by AI and may contain inaccuracies.
Things are getting spicy. It's Ricky with Techfoot Solutions on February 10th. Robinhood is down 7.76% in after hours after reporting earnings. The company missed revenue expectations for one of its biggest quarters, based on Bitcoin hitting all-time highs. Trading activity slowed down, and guidance for 2026 is not promising.
Robinhood makes money through trading fees and payment for order flow. High trading activity boosts revenue, but slowdowns or crypto winter lower it. This explains disappointing revenue and lowered 2026 guidance.
Robinhood IPOed in 2021, reached highs of $84, crashed to $6.81, traded flat in 2023, then recovered. It's bigger now, so unlikely to hit $7, but slowdowns could lead to retracement as investors avoid premiums. Current P/E ratio is around 35 times earnings on Investing Pro, a high multiple.
Concerns from earlier video were validated by earnings and guidance. Ricky is a fan of Robinhood and wants to own it at a discount, like $50 or $30 per share, for quality companies bought on deals. Patience allows picking up overpaid stocks cheaply.
Crypto markets look weak, especially on the one-hour timeframe with lower highs and lower lows. No reversal confirmation or strong support. Testing major support at 67,000. If broken, likely retest 60,000 support.
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