New York, Feb 14, 2026, 10:30 EST — Market closed
- Robinhood shares closed up 6.8% on Friday after a bruising post-earnings selloff
- Investors are parsing new CFO Shiv Verma’s message on crypto exposure and product spending
- U.S. markets are shut Monday for Washington’s Birthday; crypto trades through the long weekend
Robinhood Markets Inc shares closed up 6.8% at $75.97 on Friday, after swinging between $70.76 and $77.05 in heavy volume as the retail broker headed into a long U.S. market weekend.
That matters now because Wall Street is about to hand price discovery to crypto markets for two days, while Robinhood’s stock has been trading like a proxy for digital-asset sentiment. U.S. equities and bond markets are closed on Monday for Washington’s Birthday, leaving the next cash-session test on Tuesday. (New York Stock Exchange)
Crypto-linked names led Friday’s bounce. Coinbase surged 16.5% in the last session, while bitcoin was up about 1.5% on Saturday morning, setting up the kind of weekend gap risk Robinhood holders have been living with lately.
On the sell-side, Truist Securities cut its price target on Robinhood to $130 from $155 while keeping a buy rating, arguing the market’s reaction looked overdone because crypto accounts for a minority of revenue, Insider Monkey reported. (Insider Monkey)
Inside the company, newly appointed CFO Shiv Verma tried to cool the “all-crypto” framing after the results. Verma said Robinhood remained “long-term bullish” on cryptocurrency, but stressed that “it was only 18% of our overall revenue,” even after “close to $1 billion” of crypto revenue last year, according to CFO Dive. He also told investors the company plans to “ramp up” product rollout this year, a signal traders often read as heavier spending up front. (CFO Dive)
The policy backdrop is shifting too. U.S. Treasury Secretary Scott Bessent said Congress should pass a bill to create federal rules for digital assets and get it to President Donald Trump “this spring,” adding it would give “great comfort to the market” during volatility. (Reuters)
Robinhood’s move on Friday also stood out against traditional brokerage peers. Interactive Brokers gained 2.3% in the last session, while Charles Schwab slipped 1.4%, underscoring how differently the market is pricing crypto sensitivity across the group.
The risk for Robinhood bulls is straightforward: if bitcoin rolls over again, retail trading activity — especially in crypto — can dry up fast, and the stock can follow. The other pressure point is cost. Faster product “velocity” can lift engagement, but it can also squeeze margins if revenue does not keep pace.
For now, traders are watching the same things they have all week: the direction of bitcoin, any spillover into crypto-linked equities, and whether Washington’s push for clearer rules settles nerves or stirs a fresh fight.
Next up is Tuesday’s reopening after the Washington’s Birthday holiday, with Robinhood set to take its cue from whatever crypto does over the long weekend.
