Overview
- The company reported Q4 revenue of $1.28 billion versus $1.35 billion expected and earnings of $0.66 per share versus a $0.63 forecast.
- Crypto transaction revenue fell 38% to $221 million, representing roughly 17% of total quarterly revenue.
- Shares dropped nearly 17% over two sessions following the Feb. 10 report and are down about 37% for the year.
- Wall Street trimmed price targets but stayed positive overall, with 14 Buy and two Hold ratings and an average target of $135.46 implying about 90% upside.
- Diversification showed momentum with record January prediction‑market volumes of $3.5 billion, Other Revenues up 109% year over year, 4.18 million Gold subscribers, and $4.3 billion in cash after ongoing buybacks.