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Robinhood stock price forecast for the next month reflects cautious

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Robinhood stock price forecast for the next month reflects cautious optimism, supported by increasing daily active users and steady net funding inflows. Technical support lies near $10.80, while resistance caps at $12. Carnival ( CCL ) shares sank 4% after the cruise operator reported its quarterly results. Although the company topped revenue and adjusted profit forecasts, highlighting strong bookings, Carnival issued a lower-than-expected forecast for net yields, a gauge of revenue from passengers after commissions and other costs per cruise day. Competition : SoFi Technologies (NASDAQ:SOFI), Coinbase (NASDAQ:COIN), and legacy brokers like Interactive Brokers (NASDAQ:IBKR) continue to expand aggressively. Robinhood stock price forecast for the upcoming quarter is buoyed by expectations of policy easing from the Fed, increasing risk appetite among retail traders.