William Blair Forecasts Coinbase Global Q2 Earnings

Coinbase Global, Inc. (NASDAQ:COIN) – Equities researchers at William Blair issued their Q2 2025 earnings per share (EPS) estimates for shares of Coinbase Global in a research note issued to investors on Wednesday, June 11th. William Blair analyst A. Jeffrey forecasts that the cryptocurrency exchange will post earnings of $1.33 per share for the quarter. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Coinbase Global’s current full-year earnings is $7.22 per share. William Blair also issued estimates for Coinbase Global’s Q3 2025 earnings at $1.49 EPS, Q4 2025 earnings at $1.57 EPS, FY2025 earnings at $6.33 EPS and FY2026 earnings at $7.82 EPS.

Coinbase Global (NASDAQ:COIN) last issued its earnings results on Thursday, May 8th. The cryptocurrency exchange reported $1.94 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($0.24). The firm had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2.22 billion. Coinbase Global had a net margin of 39.34% and a return on equity of 20.64%. The firm’s revenue was up 24.2% compared to the same quarter last year. During the same period last year, the business earned $2.53 EPS.

Several other brokerages also recently issued reports on COIN. Rosenblatt Securities reissued a “buy” rating and set a $260.00 price objective on shares of Coinbase Global in a research report on Monday, May 12th. HC Wainwright reiterated a “buy” rating and set a $350.00 target price on shares of Coinbase Global in a report on Friday, February 21st. Keefe, Bruyette & Woods increased their price target on Coinbase Global from $183.00 to $205.00 and gave the stock a “market perform” rating in a research note on Friday, May 9th. Citigroup reissued a “neutral” rating on shares of Coinbase Global in a research note on Thursday, May 8th. Finally, Sanford C. Bernstein upgraded Coinbase Global to a “strong-buy” rating in a report on Tuesday, March 18th. Eleven analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Coinbase Global presently has a consensus rating of “Moderate Buy” and an average target price of $266.10.

Coinbase Global Stock Up 0.7%

COIN stock opened at $242.71 on Friday. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.41. Coinbase Global has a twelve month low of $142.58 and a twelve month high of $349.75. The company’s 50 day moving average is $221.16 and its two-hundred day moving average is $241.85. The stock has a market cap of $61.62 billion, a P/E ratio of 25.55 and a beta of 3.61.

Hedge Funds Weigh In On Coinbase Global

Several institutional investors have recently made changes to their positions in the stock. Savant Capital LLC bought a new stake in Coinbase Global in the 4th quarter worth about $591,000. KCM Investment Advisors LLC bought a new position in Coinbase Global in the 4th quarter worth approximately $507,000. Principal Securities Inc. boosted its holdings in Coinbase Global by 35.3% in the 4th quarter. Principal Securities Inc. now owns 1,032 shares of the cryptocurrency exchange’s stock worth $256,000 after buying an additional 269 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in Coinbase Global by 10.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,456 shares of the cryptocurrency exchange’s stock valued at $610,000 after purchasing an additional 232 shares during the period. Finally, Stephens Inc. AR bought a new position in Coinbase Global in the 4th quarter valued at $261,000. Institutional investors and hedge funds own 68.84% of the company’s stock.

Insider Activity at Coinbase Global

In related news, CFO Alesia J. Haas sold 7,575 shares of Coinbase Global stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $200.00, for a total value of $1,515,000.00. Following the transaction, the chief financial officer now directly owns 114,866 shares of the company’s stock, valued at $22,973,200. This trade represents a 6.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Brian Armstrong sold 10,000 shares of the business’s stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $198.15, for a total transaction of $1,981,500.00. Following the sale, the chief executive officer now directly owns 526 shares in the company, valued at approximately $104,226.90. The trade was a 95.00% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 220,717 shares of company stock worth $49,363,601. Insiders own 17.65% of the company’s stock.

Coinbase Global Company Profile

Coinbase Global, Inc provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.