Coinbase Global, Inc. (NASDAQ:COIN) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Coinbase Global, Inc. (NASDAQ:COIN) have received an average rating of “Moderate Buy” from the thirty-two research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation, twenty have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $362.6833.

COIN has been the topic of several analyst reports. Cantor Fitzgerald reduced their target price on shares of Coinbase Global from $459.00 to $320.00 and set an “overweight” rating on the stock in a report on Thursday, December 18th. Sanford C. Bernstein restated an “outperform” rating and issued a $440.00 price objective on shares of Coinbase Global in a report on Tuesday, January 6th. Raymond James Financial reiterated a “market perform” rating on shares of Coinbase Global in a research note on Thursday, January 8th. JPMorgan Chase & Co. dropped their target price on Coinbase Global from $404.00 to $399.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. Finally, Needham & Company LLC decreased their price target on Coinbase Global from $400.00 to $290.00 and set a “buy” rating for the company in a report on Monday, December 29th.

Coinbase Global Stock Up 0.8%

Shares of NASDAQ COIN opened at $241.15 on Monday. The stock has a market cap of $65.02 billion, a P/E ratio of 20.86 and a beta of 3.70. The business’s fifty day simple moving average is $256.77 and its 200-day simple moving average is $311.13. Coinbase Global has a 12-month low of $142.58 and a 12-month high of $444.64. 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 issued its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.40. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.Coinbase Global’s revenue was up 55.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.28 EPS. As a group, equities analysts predict that Coinbase Global will post 7.22 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Alesia J. Haas sold 8,050 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $250.00, for a total value of $2,012,500.00. Following the completion of the transaction, the chief financial officer owned 70,664 shares in the company, valued at approximately $17,666,000. This represents a 10.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $248.96, for a total transaction of $9,958,400.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 820,587 shares of company stock worth $240,717,580 over the last 90 days. 16.56% of the stock is owned by insiders.

Hedge Funds Weigh In On Coinbase Global

Large investors have recently bought and sold shares of the stock. Evelyn Partners Investment Management Europe Ltd lifted its holdings in shares of Coinbase Global by 92.3% in the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after purchasing an additional 36 shares during the last quarter. REAP Financial Group LLC purchased a new position in Coinbase Global during the 3rd quarter worth approximately $25,000. Palisade Asset Management LLC acquired a new position in Coinbase Global during the third quarter worth approximately $29,000. Cullen Frost Bankers Inc. purchased a new stake in Coinbase Global in the second quarter valued at approximately $30,000. Finally, Salomon & Ludwin LLC boosted its holdings in shares of Coinbase Global by 4,400.0% in the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock valued at $30,000 after acquiring an additional 88 shares during the period. Institutional investors and hedge funds own 68.84% of the company’s stock.

Coinbase Global News Summary

Here are the key news stories impacting Coinbase Global this week:

• Positive Sentiment: CEO Brian Armstrong has actively lobbied to preserve stablecoin rewards and says the stalled Senate markup can be rescheduled — a sign management is defending key revenue drivers and continuing negotiations with lawmakers. Article Title
• Positive Sentiment: Some sell-side support remains: China Renaissance kept a buy rating (while lowering its PT), and Daiwa reaffirmed a buy — indicating some analysts still see upside over the medium term. Article Title
• Neutral Sentiment: Wider coverage frames Coinbase as exercising influence in Washington; CEO statements and profiles (NYT, Fortune) reinforce the company’s strategic positioning even as regulatory uncertainty lingers. Article Title
• Negative Sentiment: Coinbase pulled support for the CLARITY/market-structure bill, triggering a postponed Senate markup and a sharp selloff across crypto-related stocks — this increases near-term regulatory uncertainty and investor risk. Article Title
• Negative Sentiment: Insider selling: CFO Alesia Haas sold 8,050 shares (~$2.01M) and director Frederick Ehrsam sold multiple blocks (1,375 and 2,750 shares) in mid-January — visible insider exits that can hurt sentiment. SEC filings disclosed the trades. CFO Form 4 Director Form 4
• Negative Sentiment: Market positioning and analyst moves: Jefferies cut its price target to $268 (hold), and other firms trimmed targets — tighter analyst expectations increase near-term downside risk. Article Title
• Negative Sentiment: Options and flow signal rising bearish bets: unusually large put volume (≈354,875 puts) indicates elevated short/bearish positioning and hedging activity. No link provided

Coinbase Global Company Profile

Coinbase Global, Inc is a U.S.-based company that operates one of the largest cryptocurrency exchange platforms. Founded in 2012 by Brian Armstrong and Fred Ehrsam and headquartered in San Francisco, Coinbase provides technology and infrastructure to buy, sell, store and use a broad range of digital assets. The company became a public company through a direct listing on the NASDAQ in April 2021 and offers services tailored to both retail and institutional customers.

Coinbase’s product portfolio includes its consumer trading platform, a self-custody mobile wallet, and institutional services such as custody, prime brokerage and execution tools.