Robinhood (HOOD) stock extended its sharp February decline as investors brace for the company’s upcoming earnings report amid continued crypto market volatility. The stock has come under heavy selling pressure, falling 12% so far in February and plunging roughly 41% over the past three months, reflecting growing investor caution around crypto-linked equities.
At the time of writing, HOOD stock was trading at $77.83, down 10.62% in the last 24 hours, according to Yahoo Finance. The latest drop comes just days before Robinhood is set to release its Q4 and full-year 2025 earnings on February 10, 2026. The timing has added to uncertainty, with traders reluctant to take bullish positions ahead of the results.
Recent market weakness has pushed HOOD to a seven-month low, driven by broader equity selling and fading risk appetite. The company currently has a market capitalization of approximately $70.14 billion and an average daily trading volume of 21.87 million shares. Its price-to-earnings ratio stands at 32.48, keeping valuation concerns in focus as investors question whether upcoming earnings can support the premium multiple.
Technical analysts note that HOOD stock has fallen sharply from its 52-week high of $153.86. Key support around $85.65 has already broken, opening the door to further downside. Some analysts now see the $60 to $50 range as the next major support zone if selling pressure continues. Forecasts from LongForecast suggest a potential February low near $66.18, with the stock possibly ending the month around $71.15.
More bearish outlooks have also emerged. The Motley Fool has warned that HOOD stock could drop as much as 50% over the year, implying levels near $40. Other market watchers highlight interim support near $74, while extreme scenarios point to a retest of the $30 range.
Market commentator Amit attributed the sharp decline to two main factors: the broader crypto downturn and concerns that trading volumes may have peaked. Bitcoin has fallen about 25% over the past three months, and HOOD stock has closely tracked that weakness due to its heavy exposure to high-margin crypto trading revenue. Despite the selloff, Amit believes Robinhood’s fundamentals remain solid and expects earnings to be strong, though continued Bitcoin volatility could keep pressure on the stock in the near term.
