Robinhood Stock (HOOD): Why We’re Bullish with an $80 Price Target

Robinhood has broken out of a long-term wedge pattern and is gaining momentum across all timeframes. With strong technicals, solid volume, and improving fundamentals, we’re targeting a move to $80 — a potential 48% upside from current levels.

STOCK RATING: Robinhood Markets HOOD — BUY | Price Target: $80

• Current Price: $54.65
• 🎯12-Month Target: $80
• 📈 Rating: Overweight / BUY
• ⚠️ Support Level: $40

Breakout Confirmation: Downtrend wedge break above key levels, setting up for retest of all-time highs at $67 and a potential surge beyond. 🚀

Technical Outlook

The chart structure is bullish — plain and simple.

• We’ve got a downside wedge breakout with clean confirmation.
• Strong buy signals across all major timeframes: intraday, daily, weekly, monthly.
• Price is riding above all major moving averages:
• MA5–MA200 all flashing Buy
• RSI(14): 60.23 — healthy, with upside room
• STOCHRSI(14): 17.75 — oversold, suggesting momentum is building
• Volume remains strong, confirming institutional interest.
• Next technical target: All-time high at $67, with our eyes on a full extension to $80 over the next 12 months.

Valuation Snapshot

• Current P/E ratio: 30.2x — not cheap, but growth names rarely are when they’re executing.
• Market Cap: $48.23B
• 52-week Range: $13.98 – $66.91
• Fair Value estimate: $32.58, but price action clearly disagrees — and we’re siding with momentum and fundamentals here.

Pro Tips & Risk Profile

Bullish Trends:

• Strong return across 1 week, 1 month, 6 months, and 12 months.
• Company turned profitable over the last year — and analysts project continued profitability in 2025.
• Analysts are calling for further growth despite the recent run-up.

Bearish Risks:

• Trading at a high earnings and P/B multiple.
• High price volatility.
• Recent downward earnings revisions from a few analysts.

Bottom line?

This isn’t a defensive stock — it’s a high-beta growth play. But the trend is your friend when price, volume, and sentiment all align.

Final Take and Our Target:

Robinhood is riding a wave of strong technical momentum, retail growth tailwinds, and platform engagement. The breakout above resistance combined with favorable sentiment gives us a clear path toward $67, then $80 as a longer-term upside target which is a SOLID +48% gain from current levels.

Yes, the stock is volatile. But so is opportunity.

HOOD is a BUY.

Support is firm around $40, and as long as we hold that zone, the path is higher.