Coinbase Global (NASDAQ:COIN) Lowered to “Neutral” Rating by Monness Crespi & Hardt

Monness Crespi & Hardt cut shares of Coinbase Global (NASDAQ:COIN) from a buy rating to a neutral rating in a research report released on Thursday, MarketBeat Ratings reports. Monness Crespi & Hardt currently has $120.00 price target on the cryptocurrency exchange’s stock.

Several other equities research analysts have also recently weighed in on the stock. Cantor Fitzgerald lowered their price target on shares of Coinbase Global from $277.00 to $221.00 and set an “overweight” rating for the company in a research report on Monday. UBS Group set a $340.00 price objective on shares of Coinbase Global in a report on Wednesday, December 17th. Compass Point reduced their price objective on shares of Coinbase Global from $230.00 to $190.00 and set a “sell” rating for the company in a research note on Friday, January 23rd. Needham & Company LLC lowered their target price on Coinbase Global from $400.00 to $290.00 and set a “buy” rating for the company in a report on Monday, December 29th. Finally, Piper Sandler cut their price target on Coinbase Global from $350.00 to $270.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Nineteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $331.58.

Coinbase Global Price Performance

Shares of COIN stock opened at $141.09 on Thursday. Coinbase Global has a twelve month low of $139.36 and a twelve 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. The stock has a fifty day simple moving average of $226.59 and a two-hundred day simple moving average of $286.30. The stock has a market capitalization of $38.04 billion, a price-to-earnings ratio of 12.21 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.17). Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The firm had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same quarter in the previous year, the firm earned $4.68 earnings per share. The business’s revenue was down 21.6% compared to the same quarter last year. On average, analysts predict that Coinbase Global will post 7.22 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Paul Grewal sold 11,955 shares of the business’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $246.18, for a total transaction of $2,943,081.90. Following the transaction, the insider directly owned 75,811 shares in the company, valued at $18,663,151.98. The trade was a 13.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Lawrence J. Brock sold 5,902 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $250.58, for a total value of $1,478,923.16. Following the transaction, the insider directly owned 497 shares in the company, valued at $124,538.26. This represents a 92.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 672,498 shares of company stock valued at $137,109,701. Company insiders own 16.56% of the company’s stock.

Institutional Investors Weigh In On Coinbase Global

Several institutional investors have recently added to or reduced their stakes in COIN. Vanguard Group Inc. raised its position in shares of Coinbase Global by 25.5% in the 2nd quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock valued at $8,484,964,000 after purchasing an additional 4,914,407 shares during the last quarter. Norges Bank acquired a new position in Coinbase Global during the 2nd quarter valued at approximately $1,044,354,000. Geode Capital Management LLC increased its stake in Coinbase Global by 46.1% during the 2nd quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock valued at $1,940,805,000 after purchasing an additional 1,755,146 shares in the last quarter. Capital World Investors raised its holdings in shares of Coinbase Global by 847.2% in the fourth quarter. Capital World Investors now owns 1,536,534 shares of the cryptocurrency exchange’s stock worth $347,472,000 after buying an additional 1,374,318 shares during the last quarter. Finally, Ruffer LLP acquired a new stake in shares of Coinbase Global during the fourth quarter worth $166,515,000. Institutional investors and hedge funds own 68.84% of the company’s stock.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Company says 2025 trading volume and crypto trading‑volume market share doubled — evidence of stronger user activity that could support rebound in fee revenue if crypto prices stabilize. BusinessWire: Coinbase doubles trading volume & market share
• Positive Sentiment: New product rollout — Coinbase launched “Agentic Wallets” for AI agents, signaling product innovation and potential new revenue streams over time. Cointelegraph: Coinbase unveils AI agent wallets
• Neutral Sentiment: Options market was pricing for a large post‑earnings swing (~9%); that implies high volatility and makes after‑hours moves potentially outsized relative to fundamentals. TipRanks: Options market implied swing
• Negative Sentiment: Q4 earnings missed expectations: EPS reported $0.66 vs. consensus ~ $0.83–$0.92; company posted a $667M net loss and revenue fell ~21.5% Y/Y to $1.78B — primary driver of the selloff. Cointelegraph: Coinbase reports $667M loss
• Negative Sentiment: Platform disruption: a service outage temporarily prevented some users from buying, selling or transferring crypto — raises operational concerns and likely worsened short‑term trading activity. Blockonomi: Coinbase outage halts trades
• Negative Sentiment: Analyst pressure and price‑target cuts (JPMorgan cut PT to $290, others trimmed forecasts) and at least one downgrade ahead of earnings increased selling pressure. Yahoo Finance: JPMorgan cuts PT
• Negative Sentiment: Insider selling: large sales by executives (CFO and reports of CEO sell) are being highlighted by the market and can weigh on sentiment. SEC filing: Alesia Haas Form 4
• Negative Sentiment: Macro/regulatory and competitive headwinds — ongoing crypto price weakness, regulatory scrutiny and competitive pressure are reducing fee revenue visibility. WSJ: Q4 loss amid crypto meltdown

About Coinbase Global

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.