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Equity ResearchJune 22, 2026Confidential

Robinhood (HOOD): Accumulate Into the Crypto Winter

9 pages. Prepared by Brent Rose, Founder and Lead Analyst.

A forward-looking read on Robinhood with Bitcoin at a 52-week low, weighing whether the diversified revenue base offsets a crypto winter that holds through 2027.

Rating, base target, and a bear, base, and bull scenario table
Named trigger levels and a condition-based action framework
The Redline Roundtable: five lenses, pressure-tested
Two AI-infrastructure names that benefit if the winter holds

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