Compass Point Issues Pessimistic Forecast for Coinbase Global (NASDAQ:COIN) Stock Price

Coinbase Global (NASDAQ:COIN) had its price target lowered by research analysts at Compass Point from $190.00 to $140.00 in a report issued on Friday,MarketScreener reports. The firm presently has a “sell” rating on the cryptocurrency exchange’s stock. Compass Point’s price target would suggest a potential downside of 18.30% from the company’s previous close.

A number of other brokerages have also recently weighed in on COIN. Argus reaffirmed a “hold” rating on shares of Coinbase Global in a research note on Tuesday, November 25th. Robert W. Baird set a $165.00 target price on Coinbase Global in a research report on Friday, February 13th. Raymond James Financial reiterated a “market perform” rating on shares of Coinbase Global in a research note on Thursday, January 8th. HC Wainwright lowered their price objective on shares of Coinbase Global from $425.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group dropped their price objective on shares of Coinbase Global from $268.00 to $151.00 and set a “hold” rating for the company in a report on Friday, February 13th. Nineteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Coinbase Global has an average rating of “Moderate Buy” and a consensus target price of $281.15.

Coinbase Global Stock Performance

NASDAQ COIN opened at $171.35 on Friday. The stock has a fifty day simple moving average of $213.86 and a 200-day simple moving average of $278.23. The stock has a market cap of $46.20 billion, a PE ratio of 39.03, a P/E/G ratio of 2.62 and a beta of 3.70. 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 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS 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 company had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the prior year, the company posted $4.68 earnings per share. The business’s revenue was down 21.6% compared to the same quarter last year. Equities analysts anticipate that Coinbase Global will post 7.22 earnings per share for the current year.

Insider Transactions at Coinbase Global

In other Coinbase Global news, insider Paul Grewal sold 11,955 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $246.18, for a total transaction of $2,943,081.90. Following the completion of the transaction, the insider owned 75,811 shares in the company, valued at approximately $18,663,151.98. This represents a 13.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Alesia J. Haas sold 364,600 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $154.95, for a total transaction of $56,494,770.00. Following the transaction, the chief financial officer owned 402,165 shares in the company, valued at approximately $62,315,466.75. This trade represents a 47.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 574,395 shares of company stock worth $110,451,160 over the last quarter. 16.56% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Coinbase Global

Several institutional investors have recently modified their holdings of COIN. Vanguard Group Inc. increased its position in shares of Coinbase Global by 25.5% in the second quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock valued at $8,484,964,000 after buying an additional 4,914,407 shares in the last quarter. Norges Bank acquired a new stake in Coinbase Global during the 2nd quarter valued at $1,044,354,000. Geode Capital Management LLC grew its holdings 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 buying an additional 1,755,146 shares during the last quarter. Capital World Investors increased its position in Coinbase Global by 847.2% during 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 in the last quarter. Finally, Ruffer LLP acquired a new stake in shares of Coinbase Global during the 4th quarter worth about $166,515,000. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Key Coinbase Global News

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

• Positive Sentiment: Signs of meaningful progress on U.S. crypto regulation (White House meetings and talks on the CLARITY Act) reduce policy uncertainty for Coinbase and its institutional roadmap. White House Talks Over Stalled Crypto Bill Drag on. It Matters for Coinbase.
• Positive Sentiment: Public optimism from allies and Coinbase CEO participation at high‑profile forums (Brian Armstrong with Senator Bernie Moreno) reinforces hopes the CLARITY Act could pass, which would be structurally positive for COIN. US CLARITY Act to pass ‘hopefully by April’: Senator Bernie Moreno
• Positive Sentiment: Product monetization: Coinbase expanded on‑chain loans to accept XRP, DOGE, ADA and LTC as collateral and increased borrowing capacity — a revenue diversification signal and a way to capture more user wallet activity. Coinbase Integrates XRP, DOGE, ADA, LTC for Crypto Loans
• Positive Sentiment: Prediction markets are gaining traction on Coinbase (leadership says the sector outgrew expectations), signaling new product engagement and potential fee streams. EXCLUSIVE: Coinbase Prediction Markets Leader Says He ‘Underpredicted’ How Big The Sector Would Get
• Neutral Sentiment: Study shows community banks experienced net deposit outflows to Coinbase, highlighting customer adoption but also raising questions about banking relationships and regulatory attention. Community banks see net deposit outflows to Coinbase: Study
• Neutral Sentiment: Analyses and commentary about share buybacks are active — buybacks can support the stock but depend on the board’s pace and available cash. Do Coinbase Stock Buybacks Make COIN a Good Buy Here?
• Negative Sentiment: Multiple analyst downgrades and price‑target cuts (Compass Point, Zacks, others) increase selling pressure and highlight concerns about revenue softness and valuation. Compass Point Adjusts Coinbase Global Price Target to $140
• Negative Sentiment: User complaints over delayed/missing Super Bowl promotion payouts raise short‑term trust and customer‑service concerns that could dent user sentiment. Coinbase Super Bowl Payout Complaints Test Trust And Valuation Story
• Neutral Sentiment: Short‑interest reports in the feed show anomalous “0 shares / NaN” figures and do not provide meaningful evidence of a large short squeeze dynamic at present.

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.