Robinhood (HOOD) CFO Defends 10-Year Plan Amid 9% Post-Earnings Slide

Robinhood (HOOD) shares fell 9% after Q4 results missed analyst forecasts for total and crypto-specific revenue, sending its stock lower on Feb 12, 2026. CFO Shiv Verma defended the company’s pivot toward a diversified financial super app, emphasizing progress in winning active traders, capturing wallet share, and expanding globally and institutionally. The company said crypto accounted for about 18% of revenue last year, with over 80% from outside crypto. Management remains bullish on digital assets despite a slide in retail trading growth. Analysts see a potential $60–$75 accumulation range as weakness from crypto weakness is expected to subside from Q2 2026 onward. Strategic bets include tokenization of real-world assets, institutional ETF and derivatives exposure, and expansion via Bitstamp and TradePMR advisers. Verma stressed the company is shifting from volatile trading to banking, international markets, and institutional services, with a 10-year vision unchanged.