Compass Point raised its Robinhood price target from $105 to $161 and maintained a Buy rating, citing expected growth in prediction-market and other revenue. The analysts forecast $20 million in prediction-market revenue for Q3 and $50 million in Q4, according to the analyst update.
The forecast indicates rising prediction-market revenue expectations for a publicly traded platform serving users in the sector.
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Truist Securities analyst Barry Jonas raised his DraftKings price target to $60 from $50 and retained a Buy rating, reportedly. Fitch Ratings assigned DraftKings a BB+ Long-Term Issuer Default Rating, with separate ratings for its senior secured debt and convertible notes. The report also says Jefferies upgraded Wynn to Buy and JPMorgan reported lower Las Vegas Strip room rates for 9–15 March compared with the same period in 2024.
It was reported that prediction market operators rely on competing market makers to price combination bets, with customers submitting requests for quote and the best quote winning. Kalshi launched Combos on 29 September 2025, and Bank of America estimated it processed roughly $125m per World Cup match. White Swan Predicts estimated Kalshi would carry around $8bn in maker risk for the opening week of the 2026 NFL season.
Polymarket and Parcl have launched housing-price prediction markets, with initial contracts focused on major US markets. The companies said contracts settle against Parcl’s published price indexes; six Parcl-powered contracts were listed, covering the US median home price and five metro areas.
JPMorgan Chase began covering Genius Sports with an Overweight rating and a USD8 share price target. Analysts estimated that agreements with Kalshi and Polymarket could eventually contribute up to USD35m in additional EBITDA.
Prediction markets are competing for sports betting customers as the NFL season approaches. The report identifies Kalshi and Polymarket as competitors to FanDuel and DraftKings.