Yes. By raising both sides to the 5th power we get:
$$\left (\sqrt[5]{176+80\sqrt{5}}\right )^5=\left (1+\sqrt{5}\right )^5 \Rightarrow 176+80\sqrt{5}=\left (1+\sqrt{5}\right )^5$$
So, we have to calculate $\left (1+\sqrt{5}\right )^5$ and show that it is equal to $176+80\sqrt{5}$:
We have that $$\left (1+\sqrt{5}\right )^5=\left (1+\sqrt{5}\right )^2\cdot \left (1+\sqrt{5}\right )^2\cdot \left (1+\sqrt{5}\right )$$
the first term is:
$$\left (1+\sqrt{5}\right )^2=1+2\cdot \sqrt{5}+5=6+2\sqrt{5}$$
The first two terms are:
$$\left (1+\sqrt{5}\right )^2\cdot \left (1+\sqrt{5}\right )^2=\left (\left (1+\sqrt{5}\right )^2\right )^2=\left (6+2\sqrt{5}\right )^2=36+2\cdot 6\cdot 2\sqrt{5}+4\cdot 5=36+24\sqrt{5}+20 =56+24\sqrt{5}$$
The whole expression is:
\begin{align*}\left (1+\sqrt{5}\right )^2\cdot \left (1+\sqrt{5}\right )^2\cdot \left (1+\sqrt{5}\right )&=\left (\left (1+\sqrt{5}\right )^2\cdot \left (1+\sqrt{5}\right )^2\right )\cdot \left (1+\sqrt{5}\right ) \\ & =\left (56+24\sqrt{5}\right )\cdot \left (1+\sqrt{5}\right ) \\ & =56+24\sqrt{5}+56\sqrt{5}+24\cdot 5 \\ & =56+80\sqrt{5}+120 \\ & =176+80\sqrt{5}\end{align*}