Rosenblatt Securities Cuts Coinbase Global (NASDAQ:COIN) Price Target to $240.00

Coinbase Global (NASDAQ:COIN) had its price objective trimmed by Rosenblatt Securities from $325.00 to $240.00 in a research report report published on Friday,Benzinga reports. The brokerage currently has a buy rating on the cryptocurrency exchange’s stock.

Several other research firms have also recently weighed in on COIN. Compass Point lowered their price target on Coinbase Global from $230.00 to $190.00 and set a “sell” rating on the stock in a report on Friday, January 23rd. Benchmark reiterated a “buy” rating on shares of Coinbase Global in a research report on Friday, October 31st. Raymond James Financial reissued a “market perform” rating on shares of Coinbase Global in a research note on Thursday, January 8th. Piper Sandler dropped their price target on Coinbase Global from $350.00 to $270.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Finally, Needham & Company LLC reduced their price objective on Coinbase Global from $400.00 to $290.00 and set a “buy” rating on the stock in a research report on Monday, December 29th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $291.85.

Coinbase Global Stock Performance

NASDAQ COIN opened at $164.32 on Friday. The company’s 50 day simple moving average is $224.49 and its two-hundred day simple moving average is $283.54. The stock has a market capitalization of $44.31 billion, a PE ratio of 37.43 and a beta of 3.70. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. Coinbase Global has a 1 year low of $139.36 and a 1 year high of $444.64.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings data 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). The business had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The company’s quarterly revenue was down 21.6% on a year-over-year basis. During the same quarter last year, the business posted $4.68 EPS. Analysts predict that Coinbase Global will post 7.22 earnings per share for the current fiscal year.

Insider Buying and Selling at Coinbase Global

In other news, 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 completion of the transaction, the chief financial officer directly owned 402,165 shares of the company’s stock, valued at approximately $62,315,466.75. This represents a 47.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $250.27, for a total value of $344,121.25. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 578,014 shares of company stock worth $111,392,947. 16.56% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Coinbase Global

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Coinbase Global by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 26,400,836 shares of the cryptocurrency exchange’s stock valued at $5,970,285,000 after buying an additional 184,043 shares during the period. Geode Capital Management LLC grew its stake in Coinbase Global by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 6,098,062 shares of the cryptocurrency exchange’s stock worth $1,374,080,000 after purchasing an additional 189,080 shares during the period. Norges Bank bought a new stake in shares of Coinbase Global during the 2nd quarter valued at $1,044,354,000. ARK Investment Management LLC lifted its position in Coinbase Global by 6.1% during the 4th quarter. ARK Investment Management LLC now owns 2,541,928 shares of the cryptocurrency exchange’s stock valued at $574,832,000 after acquiring an additional 146,388 shares during the period. Finally, Northern Trust Corp boosted its stake in Coinbase Global by 5.9% during the third quarter. Northern Trust Corp now owns 1,959,871 shares of the cryptocurrency exchange’s stock worth $661,437,000 after acquiring an additional 108,751 shares in the last quarter. 68.84% of the stock is currently owned by institutional investors.

Key Coinbase Global News

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.