Excited-state quantum phase transitions depend on and reveal the structure of the whole spectrum of many-body systems. While they are theoretically well understood, finding suitable signatures and detect them in actual experiments remains challenging. For instance, in spinor gases, excitedstate phases have been identified and characterized through a topological order parameter that is challenging to measure in experiments. Here, we propose the Raman-dressed spin-orbit coupled gas as a novel platform to explore excited-state quantum phase transitions. In a weakly-coupled regime, the dressed system is equivalent to a spinor gas with tunable spin-spin interactions. Through this equivalence we are able to define a new excited-state phase of the dressed gas. The phase is characterize by the the behavior of the spatial density modulations, or stripes, induced by spin-orbit coupling, and can in principle be measured in current state-of-the-art experiments with ultracold atoms. Conversely, we show that the properties of the excited phase can be exploited to prepare stripe states with large and stable density modulations.