
Robinhood share price forecast as the crash continues

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Robinhood's stock price has plunged into a bear market, hitting a low of $108.75, approximately 30% below its October peak. Analysts have lowered their price targets, with Barclays setting it at $158, Needham at $135, and others adjusting theirs to between $152 and $154. Concerns over revenue growth and high valuation persist, with a forward P/E ratio of 53. The upcoming financial results on February 10 are anticipated to show a revenue increase to $1.35 billion but a drop in EPS. Technical analysis suggests potential further declines, with a key support level at $100.
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