Robinhood Markets (HOOD) shares have traded near $85 following third-quarter 2026 results that delivered record revenue of $1.42 billion but missed consensus on the top line and diluted EPS amid a 55% drop in cryptocurrency revenue. Transaction-based revenue rose 19% to $867 million on strength in options, equities, and event contracts, while platform assets reached $396 billion and net deposits remained robust. The stock's 40% decline from 52-week highs reflects crypto headwinds and expense pressures, though analysts maintain Buy ratings with average price targets above $130. With November underway, near-term price action will hinge on trading volumes, any regulatory updates on prediction markets, and broader equity sentiment before the next earnings cycle.