Rodium (Haubica) Earnings Overview: Cripto Income seen falls

Robinhood’s recording revenue from cryptoa store from the last quarter 2024. It can be difficult to show, in the words JPMORGAN Analyst Kenneth Worththton, which forecasts the decline in digital world funds for the first quarter of this year.

The online trading platform reports the results of the first quarter after Wednesday Wednesday.

The fourth quarter a growing 700% increase in crippular trading income was behind a significant jump in the overall transaction-based income. Worthington, however, see that in the first quarter, referring to the fall and in capital and crypto markets, especially in the second half of the quarter.

Worthington and team assessment Robinhood users trade about $ 52 billion crypto during a quarter, up to $ 71 billion in K4. Worthington attributes fall to the “excluded risk” environment, which erased a large part of the market since the beginning of the year. Property of wobathood is expected to fall 5% of the previous quarter at $ 183.3 billion, albeit still for 41% over time.

Although the report points out strong purchases in retail April after news related to the Tariff News from Washington, Worthington suggests that the activity may not be enough to raise the results of the first quarter. It warns that the softer demand for the trading of margins and derivatives – also seen on competitive interactive brokers – could strive for general performance of Robinism.

Worthington maintained a neutral score in stock and subordinated his price for $ 1 to $ 44, suggesting about 10% down from the current price below $ 49.

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