Robinhood Markets Posts Q2 EPS Beat, Lowers FY26 Opex Guide on AI Efficiency Gains, Layoffs
HOOD shares fell after Q2 results. JPM Neutral $103 PT, BTIG Buy $125 PT. Revenue diversification and expense reduction boosted earnings.
Robinhood made more profit per share than expected in the quarter and plans to spend less money next year by using AI and reducing staff. When a company earns more while cutting costs, watch if customers stick around and whether profits keep growing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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