HC Wainwright Lowers Coinbase Global (NASDAQ:COIN) Price Target to $350.00

Coinbase Global (NASDAQ:COIN) had its target price cut by stock analysts at HC Wainwright from $425.00 to $350.00 in a research note issued on Wednesday, Marketbeat.com reports. The firm presently has a “buy” rating on the cryptocurrency exchange’s stock. HC Wainwright’s price objective would indicate a potential upside of 148.07% from the company’s previous close.

Other research analysts also recently issued research reports about the company. BTIG Research lowered their target price on Coinbase Global from $420.00 to $340.00 and set a “buy” rating on the stock in a research note on Thursday, February 5th. Benchmark reiterated a “buy” rating on shares of Coinbase Global in a report on Friday, October 31st. 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 for the company. Cantor Fitzgerald dropped their price objective on Coinbase Global from $277.00 to $221.00 and set an “overweight” rating on the stock in a report on Monday. Finally, President Capital lifted their target price on shares of Coinbase Global from $401.00 to $472.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $331.58.

Coinbase Global Stock Down 7.9%

Coinbase Global stock opened at $141.09 on Wednesday. Coinbase Global has a twelve month low of $139.36 and a twelve month high of $444.64. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. The firm has a market cap of $38.04 billion, a PE ratio of 12.21 and a beta of 3.70. The firm’s 50 day moving average price is $226.59 and its two-hundred day moving average price is $286.30.

Coinbase Global (NASDAQ:COIN) last issued 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). Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same period last year, the business earned $4.68 EPS. The company’s quarterly revenue was down 21.6% on a year-over-year basis. On average, research analysts predict that Coinbase Global will post 7.22 EPS for the current fiscal year.

Insider Buying and Selling

In other Coinbase Global news, CEO Brian Armstrong sold 40,000 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $271.87, for a total transaction of $10,874,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Alesia J. Haas sold 364,600 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $154.95, for a total transaction of $56,494,770.00. Following the sale, the chief financial officer owned 402,165 shares of the company’s stock, valued at $62,315,466.75. This trade represents a 47.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 672,498 shares of company stock worth $137,109,701. 16.56% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Coinbase Global

A number of institutional investors have recently made changes to their positions in COIN. Rossby Financial LCC boosted its stake in Coinbase Global by 13.3% during the 4th quarter. Rossby Financial LCC now owns 1,615 shares of the cryptocurrency exchange’s stock valued at $365,000 after purchasing an additional 190 shares during the period. Point Break Capital Management LLC bought a new position in Coinbase Global in the 4th quarter worth approximately $3,641,000. Brooklyn Investment Group lifted its holdings in shares of Coinbase Global by 15.3% during the fourth quarter. Brooklyn Investment Group now owns 2,129 shares of the cryptocurrency exchange’s stock worth $497,000 after buying an additional 282 shares during the last quarter. Cibc World Markets Corp bought a new stake in shares of Coinbase Global in the fourth quarter valued at approximately $6,993,000. Finally, Triumph Capital Management grew its stake in shares of Coinbase Global by 195.1% in the fourth quarter. Triumph Capital Management now owns 2,730 shares of the cryptocurrency exchange’s stock worth $617,000 after acquiring an additional 1,805 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Company says 2025 trading volume and crypto trading‑volume market share doubled — evidence of stronger user activity that could support rebound in fee revenue if crypto prices stabilize. BusinessWire: Coinbase doubles trading volume & market share
• Positive Sentiment: New product rollout — Coinbase launched “Agentic Wallets” for AI agents, signaling product innovation and potential new revenue streams over time. Cointelegraph: Coinbase unveils AI agent wallets
• Neutral Sentiment: Options market was pricing for a large post‑earnings swing (~9%); that implies high volatility and makes after‑hours moves potentially outsized relative to fundamentals. TipRanks: Options market implied swing
• Negative Sentiment: Q4 earnings missed expectations: EPS reported $0.66 vs. consensus ~ $0.83–$0.92; company posted a $667M net loss and revenue fell ~21.5% Y/Y to $1.78B — primary driver of the selloff. Cointelegraph: Coinbase reports $667M loss
• Negative Sentiment: Platform disruption: a service outage temporarily prevented some users from buying, selling or transferring crypto — raises operational concerns and likely worsened short‑term trading activity. Blockonomi: Coinbase outage halts trades
• Negative Sentiment: Analyst pressure and price‑target cuts (JPMorgan cut PT to $290, others trimmed forecasts) and at least one downgrade ahead of earnings increased selling pressure. Yahoo Finance: JPMorgan cuts PT
• Negative Sentiment: Insider selling: large sales by executives (CFO and reports of CEO sell) are being highlighted by the market and can weigh on sentiment. SEC filing: Alesia Haas Form 4
• Negative Sentiment: Macro/regulatory and competitive headwinds — ongoing crypto price weakness, regulatory scrutiny and competitive pressure are reducing fee revenue visibility. WSJ: Q4 loss amid crypto meltdown

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.