Bernstein Lowers COIN Revenue Forecast, Four Digital Asset Platforms Bet on New Products Bernstein's October 26, 2026 research report lowered its 2026 revenue forecast for COIN by 32%; HOOD's Q3 revenue is projected at $1.5 billion, CRCL's Q3 revenue at $770 million, and FIGR's Q3 loan volume at $5.1 billion. Bernstein maintains its "Outperform" rating on HOOD, COIN, CRCL, and FIGR, with target prices of $160, $250, $145, and $70 respectively. The four platforms are addressing weak spot trading by launching new products such as prediction markets, perpetual futures, tokenization, and lending, and the revenue share from these new products is expected to increase.