B. Riley Raises Coinbase Global (NASDAQ:COIN) Price Target to $243.00

Coinbase Global (NASDAQ:COIN) had its price target hoisted by stock analysts at B. Riley from $185.00 to $243.00 in a research report issued on Monday,MarketScreener reports. The brokerage currently has a “neutral” rating on the cryptocurrency exchange’s stock. B. Riley’s target price would suggest a potential downside of 20.93% from the stock’s previous close. B. Riley also issued estimates for Coinbase Global’s Q4 2025 earnings at $1.22 EPS.

COIN has been the subject of several other research reports. BTIG Research boosted their target price on shares of Coinbase Global from $410.00 to $420.00 and gave the company a “buy” rating in a research note on Friday. Jefferies Financial Group reaffirmed a “hold” rating and set a $384.00 price objective on shares of Coinbase Global in a research note on Wednesday, October 29th. Rothschild & Co Redburn raised shares of Coinbase Global from a “neutral” rating to a “buy” rating and upped their price objective for the company from $325.00 to $417.00 in a research note on Friday, October 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Coinbase Global from $404.00 to $399.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Finally, JMP Securities upped their price objective on shares of Coinbase Global from $400.00 to $440.00 and gave the company a “market outperform” rating in a research note on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $393.98.

Coinbase Global Trading Down 7.0%

Shares of COIN stock opened at $307.32 on Monday. The firm has a 50-day moving average price of $333.90 and a 200 day moving average price of $309.45. Coinbase Global has a twelve month low of $142.58 and a twelve month high of $444.64. The company has a market capitalization of $78.96 billion, a price-to-earnings ratio of 26.58 and a beta of 3.67. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.37.

Coinbase Global (NASDAQ:COIN) last announced its earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.40. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter in the previous year, the company posted $0.28 EPS. The firm’s revenue for the quarter was up 55.1% on a year-over-year basis. Research analysts forecast that Coinbase Global will post 7.22 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Coinbase Global news, CFO Alesia J. Haas sold 4,400 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $344.41, for a total transaction of $1,515,404.00. Following the completion of the sale, the chief financial officer directly owned 84,820 shares in the company, valued at $29,212,856.20. The trade was a 4.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Brian Armstrong sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $361.32, for a total value of $9,033,000.00. Following the completion of the transaction, the chief executive officer owned 526 shares of the company’s stock, valued at approximately $190,054.32. This represents a 97.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 180,657 shares of company stock worth $59,552,326 over the last ninety days. 23.43% of the stock is owned by company insiders.

Hedge Funds Weigh In On Coinbase Global

Several institutional investors and hedge funds have recently made changes to their positions in COIN. DAVENPORT & Co LLC boosted its stake in shares of Coinbase Global by 6.6% during the 1st quarter. DAVENPORT & Co LLC now owns 3,083 shares of the cryptocurrency exchange’s stock valued at $531,000 after buying an additional 191 shares during the last quarter. OneDigital Investment Advisors LLC boosted its stake in shares of Coinbase Global by 47.0% during the 1st quarter. OneDigital Investment Advisors LLC now owns 2,488 shares of the cryptocurrency exchange’s stock valued at $429,000 after buying an additional 796 shares during the last quarter. World Investment Advisors lifted its stake in Coinbase Global by 445.8% during the first quarter. World Investment Advisors now owns 4,912 shares of the cryptocurrency exchange’s stock worth $846,000 after purchasing an additional 4,012 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Coinbase Global by 24.0% during the first quarter. Envestnet Asset Management Inc. now owns 51,447 shares of the cryptocurrency exchange’s stock worth $8,861,000 after purchasing an additional 9,952 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted its stake in Coinbase Global by 38.5% during the first quarter. TD Private Client Wealth LLC now owns 611 shares of the cryptocurrency exchange’s stock worth $105,000 after purchasing an additional 170 shares during the last quarter. 68.84% of the stock is currently owned by hedge funds and other institutional investors.

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.