Coinbase and Robinhood Head Into Q2 Earnings as Crypto Rivals
Two of the biggest names in retail crypto trading are reporting earnings within a day of each other this week, and Wall Street is split on what comes next. Robinhood (HOOD) reports on 29 July 2026 and Coinbase (COIN) reports on 30 July 2026, according to Fortune and TheStreet, with both companies increasingly competing for the same crypto-trading customers.
What analysts expect
Wall Street consensus had projected Robinhood earnings of $0.41 per share on roughly $1.26 billion in revenue, and TheStreet reported that Needham raised its Robinhood price target by more than 25%, from $97 to $123, on 21 July 2026, citing strength across most of the business. Coinbase, meanwhile, faces a more divided outlook — Citi cut its target from $400 to $235 on 24 July, while Bernstein kept a $330 buy rating implying substantial upside, per Fortune's earnings preview.
Why the rivalry matters
Fortune described Robinhood as pushing into territory once dominated by Coinbase, including prediction markets and tokenized finance, as both platforms fight for the next generation of crypto users. If you trade on either platform, our Crypto Profit Calculator can help you keep an accurate running total of your gains and losses.
Note: This is a plain-language summary, not financial advice. Markets, rates and rules can change quickly; do your own research or speak to a licensed adviser before acting. See our editorial policy for how we source and date figures.