Coinbase Global (NASDAQ:COIN) had its price objective increased by Cantor Fitzgerald from $221.00 to $250.00 in a research report report published on Tuesday morning, Marketbeat reports. The firm currently has an overweight rating on the cryptocurrency exchange’s stock.
Several other research analysts also recently weighed in on COIN. BTIG Research decreased their target price on shares of Coinbase Global from $340.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $250.00 price target on shares of Coinbase Global in a report on Friday, February 13th. Rosenblatt Securities cut their price target on shares of Coinbase Global from $325.00 to $240.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Raymond James Financial reaffirmed a “market perform” rating on shares of Coinbase Global in a report on Thursday, January 8th. Finally, China Renaissance cut their price target on shares of Coinbase Global from $301.50 to $223.20 and set a “buy” rating on the stock in a report on Monday, February 23rd. Nineteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $262.07.
Read Our Latest Report on COIN
Coinbase Global Price Performance
Coinbase Global (NASDAQ:COIN – Get Free Report) last announced its 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). The firm had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. Coinbase Global’s revenue for the quarter was down 21.6% compared to the same quarter last year. During the same quarter last year, the company posted $4.68 earnings per share. Equities research analysts anticipate that Coinbase Global will post 2.81 earnings per share for the current fiscal year.
Insider Buying and Selling at Coinbase Global
In other Coinbase Global news, CFO Alesia J. Haas sold 10,020 shares of the stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $200.00, for a total transaction of $2,004,000.00. Following the sale, the chief financial officer directly owned 377,201 shares of the company’s stock, valued at approximately $75,440,200. This represents a 2.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 394,590 shares of company stock worth $62,508,690 over the last 90 days. 16.56% of the stock is currently owned by corporate insiders.
Institutional Trading of Coinbase Global
A number of institutional investors and hedge funds have recently modified their holdings of the business. Grey Ledge Advisors LLC raised its holdings in shares of Coinbase Global by 99.4% during the first quarter. Grey Ledge Advisors LLC now owns 2,004 shares of the cryptocurrency exchange’s stock worth $350,000 after purchasing an additional 999 shares during the period. Aaron Wealth Advisors LLC raised its holdings in shares of Coinbase Global by 47.3% during the first quarter. Aaron Wealth Advisors LLC now owns 2,084 shares of the cryptocurrency exchange’s stock worth $364,000 after purchasing an additional 669 shares during the period. Louisiana State Employees Retirement System acquired a new stake in shares of Coinbase Global in the 1st quarter worth about $1,991,000. Fiduciary Alliance LLC increased its holdings in shares of Coinbase Global by 6.7% in the 1st quarter. Fiduciary Alliance LLC now owns 22,312 shares of the cryptocurrency exchange’s stock worth $3,896,000 after acquiring an additional 1,398 shares during the period. Finally, Kestra Private Wealth Services LLC increased its holdings in shares of Coinbase Global by 8.3% in the 1st quarter. Kestra Private Wealth Services LLC now owns 24,547 shares of the cryptocurrency exchange’s stock worth $4,286,000 after acquiring an additional 1,886 shares during the period. 68.84% of the stock is owned by institutional investors and hedge funds.
Coinbase Global News Summary
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: New product and platform initiatives — Coinbase launched Agentic.Market / Agent.market (an AI‑agent app store) and rolled out AI agents internally, signaling new monetization vectors beyond spot trading. Coinbase Launches Agent.market
- Positive Sentiment: International product expansion — Coinbase expanded Morpho‑powered USDC loans into the U.K., and Nium selected Coinbase infrastructure for global USDC payouts, both supporting non‑trading revenue growth and custody/liquidity wins. USDC loans to UK Nium taps Coinbase
- Positive Sentiment: Cantor Fitzgerald raised its price target to $250 and kept an overweight stance — a fresh analyst upgrade that can support buyer interest amid the selloff. Cantor Fitzgerald raises target
- Neutral Sentiment: Bitcoin and ETF flow dynamics remain a mixed driver — Coinbase is seeing meaningful BTC spot volume at times (supporting fee revenue), but macro/flow volatility makes short‑term trading revenue unpredictable. Bitcoin flows on Coinbase
- Neutral Sentiment: Near‑term earnings focus — investors are watching Q1 results (due May 7) and options activity/analyst commentary; softer spot activity flagged by some research is keeping positioning cautious. Softer activity ahead of Q1
- Negative Sentiment: New York AG lawsuit — Attorney General Letitia James sued Coinbase (and Gemini) alleging unlicensed/illegal gambling via prediction markets and seeks large penalties; this is the primary reason for today’s downward move and increases legal/regulatory risk. NY AG sues Coinbase and Gemini
- Negative Sentiment: Custody revenue pressure — Grayscale moved HYPE ETF custody to Anchorage, a direct loss of a custody client and signal that large institutional customers may diversify custodians. Grayscale replaces Coinbase
- Negative Sentiment: Insider selling — CFO Alesia Haas sold ~10,020 shares via a 10b5‑1 plan; while pre‑arranged, insider sales often add to short‑term selling pressure. CFO sale filing
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.
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