New York, Feb 14, 2026, 10:30 EST — Market closed
- Robinhood clawed back some ground Friday, with shares finishing 6.8% higher after taking a hit in the wake of its earnings report.
- Shiv Verma, the new CFO, has investors dissecting his remarks about crypto exposure and product spend.
- With U.S. markets closed Monday for Washington’s Birthday, crypto keeps running through the extended weekend.
Robinhood Markets Inc jumped 6.8% to finish at $75.97 on Friday. Shares whipped from $70.76 up to $77.05, with trading volume running high as the retail broker approached a long U.S. market weekend.
This weekend, Wall Street steps back, leaving crypto markets in charge of price discovery for two days. Robinhood shares, lately trading as a stand-in for digital-asset sentiment, will be sidelined. U.S. stock and bond markets are shuttered Monday for Washington’s Birthday, so the next cash session picks up Tuesday. 1
Friday’s rebound was driven by crypto-related stocks. Coinbase shot up 16.5% in the previous session. Bitcoin tacked on roughly 1.5% by Saturday morning, leaving Robinhood holders facing the familiar weekend gap risk.
Truist Securities slashed its Robinhood price target to $130 from $155 but left its buy rating intact, saying the market may have overreacted—crypto makes up only a small slice of the company’s revenue, Insider Monkey reported. 2
After earnings, new CFO Shiv Verma pushed back on the “all-crypto” narrative inside the company. Verma reiterated Robinhood’s “long-term bullish” stance on digital assets, but pointed out that crypto made up just “18% of our overall revenue,” even following “close to $1 billion” in crypto revenue last year, as reported by CFO Dive. He also told investors to expect an accelerated product rollout this year—typically, traders take that as a sign of upfront spending. 3
The policy landscape is changing as well. U.S. Treasury Secretary Scott Bessent urged Congress to move on a bill for federal digital asset rules and deliver it to President Donald Trump “this spring,” arguing it would bring “great comfort to the market” in times of volatility. 4
Robinhood’s Friday action set it apart from the legacy brokerages. Interactive Brokers tacked on 2.3% during the session; Charles Schwab, on the other hand, dipped 1.4%. The divergence highlights just how variably the market is weighing crypto exposure for these names.
Here’s the catch for Robinhood bulls: if bitcoin takes another dive, retail trading — particularly in crypto — can evaporate quickly, dragging the stock down with it. Cost is the second big concern. Pushing out new products faster might get users more involved, but if revenue doesn’t keep up, margins take the hit.
Traders are still glued to bitcoin’s moves, checking for ripple effects in crypto-related stocks. Washington’s efforts at regulatory clarity could calm nerves or just as easily ignite another round of controversy; that remains to be seen.
Markets come back Tuesday after Washington’s Birthday, and Robinhood will be watching crypto’s moves over the holiday stretch.
