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

Coinbase Global (NASDAQ:COIN) had its target price cut by investment analysts at Citigroup from $505.00 to $400.00 in a note issued to investors on Friday,MarketScreener reports. The brokerage currently has a “buy” rating on the cryptocurrency exchange’s stock. Citigroup’s target price indicates a potential upside of 142.25% from the stock’s previous close.

COIN has been the topic of a number of other research reports. Oppenheimer reduced their target price on Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. UBS Group set a $340.00 price target on shares of Coinbase Global in a research report on Wednesday, December 17th. Robert W. Baird set a $240.00 price objective on shares of Coinbase Global and gave the stock a “neutral” rating in a research note on Tuesday, January 27th. President Capital boosted their price objective on shares of Coinbase Global from $401.00 to $472.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Piper Sandler lowered their target price on shares of Coinbase Global from $350.00 to $270.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Twenty research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $348.08.

Coinbase Global Stock Up 13.0%

NASDAQ:COIN opened at $165.12 on Friday. Coinbase Global has a 12-month low of $142.58 and a 12-month high of $444.64. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $44.52 billion, a P/E ratio of 14.28 and a beta of 3.70. The stock’s fifty day simple moving average is $235.59 and its 200-day simple moving average is $292.23.

Insider Buying and Selling at Coinbase Global

In related news, COO Emilie Choi sold 100,000 shares of the stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $310.88, for a total transaction of $31,088,000.00. Following the completion of the transaction, the chief operating officer owned 187,802 shares in the company, valued at approximately $58,383,885.76. This represents a 34.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Paul Grewal sold 11,955 shares of the firm’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 directly owned 75,811 shares of the company’s stock, valued at approximately $18,663,151.98. This trade represents a 13.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 488,586 shares of company stock valued at $137,640,636 over the last quarter. Insiders own 16.56% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

A number of large investors have recently modified their holdings of the business. Bessemer Group Inc. raised its stake in Coinbase Global by 672.2% during the second quarter. Bessemer Group Inc. now owns 1,166 shares of the cryptocurrency exchange’s stock worth $408,000 after acquiring an additional 1,015 shares in the last quarter. SP Asset Management LLC acquired a new stake in shares of Coinbase Global in the 2nd quarter valued at approximately $360,000. New York Life Investment Management LLC grew its holdings in shares of Coinbase Global by 890.8% during the 2nd quarter. New York Life Investment Management LLC now owns 31,479 shares of the cryptocurrency exchange’s stock valued at $11,033,000 after purchasing an additional 28,302 shares during the last quarter. Atria Investments Inc acquired a new position in Coinbase Global during the 2nd quarter worth approximately $1,137,000. Finally, FengHe Fund Management Pte. Ltd. lifted its stake in Coinbase Global by 119.1% in the 3rd quarter. FengHe Fund Management Pte. Ltd. now owns 69,900 shares of the cryptocurrency exchange’s stock valued at $23,591,000 after purchasing an additional 38,000 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Coinbase Global News Summary

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

• Positive Sentiment: Nevada regulators failed to get an immediate court order to stop Coinbase’s prediction markets, giving the company a short-term legal win and time to press its CFTC preemption defense. Cointelegraph — Nevada loses bid to halt Coinbase prediction markets
• Positive Sentiment: Coinbase officially launched Coinbase Predict across all 50 U.S. states — a product expansion that opens a new revenue stream beyond spot trading (partnership with Kalshi; regulatory path via Coinbase Financial Markets). The Merkle — Coinbase launches prediction market platform
• Positive Sentiment: Multiple analysts continue to express confidence in Coinbase’s growth prospects while flagging volume pressure — analyst commentary can cushion downside and support valuation in volatile crypto markets. Benzinga — Demystifying Coinbase: insights from 12 analyst reviews
• Neutral Sentiment: Data on short interest in early February appears anomalous/blank in the feed and shows no actionable change (watch official exchanges for accurate updates).
• Neutral Sentiment: Mixed ARK activity: small reported buys were offset by larger disclosed sells in separate filings — this creates headline volatility but ARK flows have been choppy and not a single directional driver. Blockonomi — Cathie Wood buys Coinbase & Circle during decline
• Neutral Sentiment: Market narrative explaining today’s uptick: coverage notes COIN is rallying intraday despite reported ARK sells — short-term technical/dip-buying dynamics may be in play. TipRanks — Why COIN is rising despite ARK dump
• Negative Sentiment: ARK Invest disclosed a ~$17M sale of Coinbase stock in recent filings — an institutional seller of this size adds downward pressure and fuels headline risk. Cointelegraph — ARK dumps $17M in Coinbase stock
• Negative Sentiment: Options flow shows unusually large put buying (roughly 524k puts), indicating traders are hedging or speculating on downside — puts at this scale typically increase near-term volatility.
• Negative Sentiment: The “Coinbase Premium” metric has fallen to yearly lows, signaling U.S. institutional selling of Bitcoin — weaker institutional demand for BTC pressures Coinbase’s trading volume and revenue. Cointelegraph — Coinbase premium hits yearly low
• Negative Sentiment: Analyst previews and coverage expect flat Q4 revenue / lower earnings headwinds ahead of earnings season, which keeps downside risk for shares if results miss. Zacks — COIN Q4 earnings expected to decline
• Negative Sentiment: Newly disclosed documents linking Jeffrey Epstein to early crypto figures (including mentions of early Coinbase investment connections) are a reputational/legal overhang that could attract media and regulatory scrutiny. Fortune — Epstein’s crypto ties and early Coinbase mentions

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.