HOOD Price Prediction as Shares Hit 6-Month Lows
The post HOOD Price Prediction as Shares Hit 6-Month Lows appeared on BitcoinEthereumNews.com.
Shares of Robinhood Markets Inc. slid over 8% on Monday, extending a five-session losing streak that has pushed the stock to its lowest level since July 2025. Hood stock price (Source: CoinCodex) The decline has intensified concerns about near-term momentum, particularly after the stock fell below its 200-day moving average last week for the first time since April, a technical signal often associated with weakening sentiment. The move leaves Robinhood trading near $91, far below its record high of $152.46 set last October. From that peak, the stock has fallen roughly 40%, including a drop of more than 20% in January, as enthusiasm around retail trading, cryptocurrencies, and event-based products has cooled. Weak Crypto And Prediction Markets Weigh On Sentiment Recent losses have coincided with a broader pullback in cryptocurrency prices, which remain a key driver of trading volumes on the platform. Bitcoin is down about 10% so far this year, dampening retail activity and pressuring transaction-based revenue. At the same time, analysts have pointed to a slowdown in prediction market trading following the end of major sporting events, particularly the U.S. football season. Event-based trading had provided a boost to engagement in recent quarters, and its seasonal decline has added to investor concerns about whether retail trading momentum can be sustained in the near term. Piper Sandler Stays Bullish Despite Risks Even as Robinhood stock weakens, Piper Sandler has reiterated its “Overweight” rating on Robinhood and maintained a $155 price target, implying nearly 70% upside from current levels. The firm outlined several near-term risks, including softer crypto trading volumes, reduced prediction market activity, and rising skepticism around the durability of retail trading demand. Piper Sandler also highlighted Robinhood’s elevated beta of 2.45, meaning the stock tends to be significantly more volatile than the broader market. That volatility has amplified…
Filed under: News - @ February 2, 2026 7:27 pm