Benchmark Cuts Coinbase Global (NASDAQ:COIN) Price Target to $267.00

Coinbase Global (NASDAQ:COIN) had its price target reduced by Benchmark from $421.00 to $267.00 in a report published on Friday morning,Benzinga reports. Benchmark currently has a buy rating on the cryptocurrency exchange’s stock.

COIN has been the subject of a number of other reports. Jefferies Financial Group lowered their target price on Coinbase Global from $367.00 to $268.00 and set a “hold” rating for the company in a research note on Monday, January 12th. Piper Sandler lowered their price objective on shares of Coinbase Global from $350.00 to $270.00 and set a “neutral” rating for the company in a research report on Wednesday, January 14th. Monness Crespi & Hardt lowered shares of Coinbase Global from a “buy” rating to a “neutral” rating and set a $120.00 price objective on the stock. in a report on Thursday. Argus reaffirmed a “hold” rating on shares of Coinbase Global in a research note on Tuesday, November 25th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Coinbase Global in a research note on Wednesday, December 17th. They issued a “buy” rating and a $340.00 price target on the stock. 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 an average rating of “Moderate Buy” and a consensus price target of $291.85.

Coinbase Global Price Performance

COIN opened at $164.32 on Friday. The stock has a market cap of $44.31 billion, a P/E ratio of 37.43 and a beta of 3.70. Coinbase Global has a 12 month low of $139.36 and a 12 month high of $444.64. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40. The company has a fifty day simple moving average of $224.49 and a 200 day simple moving average of $283.54.

Coinbase Global (NASDAQ:COIN) last posted its earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). The business had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. The firm’s revenue was down 21.6% on a year-over-year basis. During the same period in the previous year, the firm posted $4.68 earnings per share. On average, research analysts expect that Coinbase Global will post 7.22 EPS for the current year.

Insider Activity at Coinbase Global

In related news, insider Lawrence J. Brock sold 5,902 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $250.58, for a total transaction of $1,478,923.16. Following the completion of the transaction, the insider directly owned 497 shares of the company’s stock, valued at approximately $124,538.26. This represents a 92.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frederick Ernest Ehrsam III sold 4,125 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $274.06, for a total value of $1,130,497.50. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 578,014 shares of company stock worth $111,392,947. Corporate insiders own 16.56% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Capital Advisors Wealth Management LLC raised its position in Coinbase Global by 2.0% during the third quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock worth $523,000 after acquiring an additional 30 shares in the last quarter. Elevation Wealth Partners LLC increased its stake in shares of Coinbase Global by 37.6% during the 3rd quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock worth $39,000 after purchasing an additional 32 shares during the last quarter. West Family Investments Inc. raised its holdings in shares of Coinbase Global by 3.3% in the 3rd quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock valued at $347,000 after purchasing an additional 33 shares during the period. StoneX Group Inc. raised its holdings in shares of Coinbase Global by 1.8% in the 2nd quarter. StoneX Group Inc. now owns 1,970 shares of the cryptocurrency exchange’s stock valued at $690,000 after purchasing an additional 34 shares during the period. Finally, Forvis Mazars Wealth Advisors LLC lifted its stake in Coinbase Global by 3.4% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 1,040 shares of the cryptocurrency exchange’s stock valued at $351,000 after purchasing an additional 34 shares during the last quarter. 68.84% of the stock is owned by institutional investors.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Short‑term buying momentum: traders are buying the post‑earnings drop and the stock has bounced off prior support levels, leading to a sharp intraday rebound even after the Q4 miss. Read More.
• Positive Sentiment: Operational and product positives: Coinbase highlights doubling crypto trading market share in 2025, subscription strength and new initiatives (Agentic/AI wallets) that diversify revenue and address longer‑term growth. Read More.
• Neutral Sentiment: Analyst reaction is mixed: many firms cut price targets and trimmed estimates (wide dispersion of PTs), leaving both upside and downside scenarios for investors to weigh. Read More.
• Neutral Sentiment: Short‑interest data in some feeds shows 0 shares (days‑to‑cover 0.0) — the reporting appears unreliable and provides no clear short‑squeeze signal.
• Negative Sentiment: Q4 miss and first quarterly loss in two years: Coinbase reported a $667M net loss, revenue down ~21% Y/Y and EPS below estimates — the core trading business remains sensitive to crypto price moves. Read More.
• Negative Sentiment: Insider selling raises governance/sentiment concerns: reporting shows large stock sales by CEO Brian Armstrong (reported ~$550M) and a CFO sale (~$56M), which can weigh on investor confidence. Read More. Read More.
• Negative Sentiment: Operational hiccup: a brief platform outage affected buy/sell/transfer functionality around the earnings release, spotlighting execution risk. Read More.

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.