Two major publicly traded companies tied to the digital economy, Robinhood Markets (HOOD) and Roblox Corporation (RBLX), are set to report their Q1 2026 earnings this week, offering a glimpse into consumer trading behavior and platform engagement.
Robinhood Reports After the Bell on April 28
Robinhood is expected to post earnings per share (EPS) of $0.39 and revenue of $1.14 billion, representing over 20% year-over-year growth. While overall revenue is poised to rise, analysts anticipate a sharp decline in crypto transaction revenue due to a slowdown in digital asset trading during the quarter. This is a significant headwind, as crypto was a major contributor to Robinhood's strong performance in late 2025. The company's stock is down 25.7% year-to-date but has gained over 70% in the past 12 months.
Analysts remain largely bullish. Cantor Fitzgerald raised its price target to $110, and Piper Sandler kept a Buy rating, citing resilient retail trading activity. Options markets are pricing in a roughly 10% move in either direction post-earnings, above the historical average of 6.9%. Key metrics to watch include monthly active users (MAUs), which are expected to show slight sequential improvement but remain below year-ago levels. Forward guidance and updates on the company's custodial investment account partnership with the Trump administration are also seen as potential catalysts.
Roblox Reports After the Close on April 30
Roblox is projected to report a net loss of $0.41 to $0.43 per share, wider than the $0.32 loss a year ago. Revenue is forecast at $1.73-$1.74 billion, up over 43% year-over-year. Bookings, a key metric, are expected to reach $1.73 billion, up from $1.21 billion in Q1 2025. The consensus EPS estimate has been revised 5% higher over the past 30 days, indicating slight growing optimism.
Daily Active Users (DAUs) are the most critical metric, with analysts expecting 145.65 million, a sharp jump from 97.8 million last year. Total hours engaged are projected at 34.59 billion. Despite the growth, several analysts have cut price targets while maintaining Buy ratings, citing softer engagement trends and slower DAU growth. The average price target stands at $105.10, implying significant upside. Options traders anticipate a ~15% move post-earnings, well above the stock's average of 9.59% over the last four quarters.
