Robinhood stock price has bounced back in the last two consecutive days, moving from this month’s low of $72.5 to the current $86.85. This recovery will be tested as the blue-chip company publishes its financial results on Tuesday.
Robinhood Faces a Crypto Market Risk as it Publishes its Results
HOOD stock price will be in the spotlight on Tuesday as the company publishes its results, which will provide more color on its business as US equities reach a record high and as the woes in the crypto market remain.
Wall Street analysts expect the upcoming results to show that its revenue continued to grow, while its profits declined. Data compiled by Yahoo Finance indicate that headline revenue growth will be 32% to over $1.34 billion, while EPS will decline from $1.01 to 84 cents.
The company’s main challenge is its exposure to the crypto market, which has retreated in recent months, with Bitcoin falling to $70,000 and the industry’s valuation declining to $2.4 trillion.
Crypto prices dropped sharply in the fourth quarter, a trend that has continued this year. As such, there is a risk that the company’s business experienced weakness as volume dropped. As BanklessTimes noted regarding Coinbase stock, cryptocurrency transaction volumes typically decline during crypto market crashes.
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The hope, therefore, is that the other parts of the business, including its stocks and options, will offset the woes in the crypto industry. Additionally, the company’s recently launched products, such as its prediction marketplace and tokenized stocks, will likely continue to mature and drive revenue growth.
Wall Street analysts have maintained their bullish outlook for the HOOD stock this year. For example, the consensus outlook for the shares is $131, representing a 52% increase from the current level. 17 analysts have a buy rating, while 8 have a hold.
For example, Cantor Fitzgerald has a $130 target, representing a 56% increase from the current level. KeyCorp has a $130 target, while Needham and Barclays have a $135 and $158 target for the HOOD stock price.
On the positive side, Robinhood’s share price has had a valuation reset in the past few months, with the forward price-to-earnings ratio falling to 35, down from the five-year average of 36.
Robinhood Stock Price Technical Analysis
The daily chart shows that the HOOD stock price has crashed in the past few months, turning one of the best-performing companies in the S&P 500 Index in 2025 into one of the top laggards. It has plunged from a high of $155 to the current $86.
The stock remains below the 50% Fibonacci Retracement level at $92 and the key resistance level at $102, the lowest level in November last year.
Additionally, it has fallen below the 50-day and 100-day Exponential Moving Averages (EMAs), indicating that bears remain in control. Besides, it remains below the Supertrend and the Ichimoku cloud.
Therefore, with the crypto market weakening, there is a likelihood that the stock will resume the downward trend as bears target the year-to-date low of $72. A drop below that level will indicate further downside, potentially to the psychological level at $60.
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