<div class="item__list">
  <div class="item__wrapper">
  <div class="item">
    <div class="item__image"></div>
    <div class="item__title">
      Текст
    </div>
    <div class="item__hidden_text">
      Lorem ipsum, dolor sit amet consectetur adipisicing elit. Ipsum, maiores. 
    </div>
  </div> 
</div>
   <div class="item__wrapper">
  <div class="item">
    <div class="item__image"></div>
    <div class="item__title">
      Текст
    </div>
    <div class="item__hidden_text">
      Lorem ipsum, dolor sit amet consectetur adipisicing elit. Ipsum, maiores. 
    </div>
  </div> 
</div>
   <div class="item__wrapper">
  <div class="item">
    <div class="item__image"></div>
    <div class="item__title">
      Текст
    </div>
    <div class="item__hidden_text">
      Lorem ipsum, dolor sit amet consectetur adipisicing elit. Ipsum, maiores. 
    </div>
  </div> 
</div>

</div>

<div class="row">fdsf</div>

.item__wrapper{
  position: relative;
  max-width: 150px;
  width: 100%;
  height: 115px;
}

.item__image{
  width: 75px;
  height: 75px;
  background: red;
  margin: 0 auto;
}

.item__title,
.item__hidden_text{
  text-align: center;
}

.item__hidden_text{
  display: none;
}

.item{
  background: pink;
  padding: 10px 0;
  position: absolute;
  top: 0;
  left: 0;
  max-width: 150px;
  width: 100%;
}

/* .item:hover .item__hidden_text{
  display: block; 
} */

.item__list{
  display: flex;
  width: 100%;
  flex-wrap: wrap;
}

.row{
  background: #000;
  height: 100px;
}

$('.item').hover(
  function(){  
   $(this).find('.item__hidden_text').show(500);
  },
  function(){
   $(this).find('.item__hidden_text').hide(500);
  },
)