Piper Sandler Cuts Coinbase Global (NASDAQ:COIN) Price Target to $150.00

Coinbase Global (NASDAQ:COIN) had its target price cut by Piper Sandler from $270.00 to $150.00 in a report released on Friday morning, MarketBeat Ratings reports. They currently have a neutral rating on the cryptocurrency exchange’s stock.

Other equities research analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft started coverage on Coinbase Global in a report on Wednesday, December 17th. They set a “buy” rating and a $340.00 target price for the company. UBS Group set a $340.00 price objective on Coinbase Global in a research report on Wednesday, December 17th. The Goldman Sachs Group raised their target price on shares of Coinbase Global from $303.00 to $310.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Erste Group Bank lowered shares of Coinbase Global from a “buy” rating to a “hold” rating in a report on Thursday, November 20th. Finally, JPMorgan Chase & Co. cut their price target on shares of Coinbase Global from $399.00 to $290.00 and set an “overweight” rating on the stock in a report on Tuesday, February 10th. Nineteen equities 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’s stock. According to data from MarketBeat.com, Coinbase Global currently has a consensus rating of “Moderate Buy” and an average target price of $291.85.

Coinbase Global Price Performance

COIN stock opened at $164.32 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. Coinbase Global has a 52 week low of $139.36 and a 52 week high of $444.64. The firm’s fifty day moving average is $224.49 and its 200 day moving average is $283.54. The firm has a market cap of $44.31 billion, a P/E ratio of 37.43 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings results 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 return on equity of 8.68% and a net margin of 17.55%.The business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same period in the prior year, the firm earned $4.68 earnings per share. The business’s revenue for the quarter was down 21.6% on a year-over-year basis. Research analysts predict that Coinbase Global will post 7.22 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Alesia J. Haas sold 364,600 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $154.95, for a total value of $56,494,770.00. Following the completion of the transaction, the chief financial officer directly owned 402,165 shares of the company’s stock, valued at $62,315,466.75. This represents a 47.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Brian Armstrong sold 40,000 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $257.31, for a total transaction of $10,292,400.00. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 578,014 shares of company stock worth $111,392,947. Company insiders own 16.56% of the company’s stock.

Institutional Inflows and Outflows

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

Coinbase Global News Roundup

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.

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.