Coinbase Global (NASDAQ:COIN) Price Target Cut to $288.00 by Analysts at Rothschild & Co Redburn

Coinbase Global (NASDAQ:COIN) had its target price trimmed by Rothschild & Co Redburn from $403.00 to $288.00 in a research note published on Wednesday,MarketScreener reports. The brokerage currently has a buy rating on the cryptocurrency exchange’s stock.

Several other equities analysts have also commented on the company. Compass Point decreased their price target on Coinbase Global from $230.00 to $190.00 and set a “sell” rating on the stock in a research note on Friday, January 23rd. Barclays decreased their target price on shares of Coinbase Global from $258.00 to $148.00 and set an “equal weight” rating on the stock in a research report on Friday, February 13th. Canaccord Genuity Group dropped their price target on shares of Coinbase Global from $400.00 to $300.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Erste Group Bank lowered shares of Coinbase Global from a “buy” rating to a “hold” rating in a report on Thursday, November 20th. Finally, Rosenblatt Securities dropped their target price on shares of Coinbase Global from $325.00 to $240.00 and set a “buy” rating for the company in a report on Friday, February 13th. Nineteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Coinbase Global currently has an average rating of “Moderate Buy” and a consensus target price of $282.82.

Coinbase Global Price Performance

Shares of COIN stock opened at $164.05 on Wednesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. The company has a market capitalization of $44.24 billion, a PE ratio of 37.37 and a beta of 3.70. The firm’s 50-day moving average is $217.84 and its two-hundred day moving average is $280.18. Coinbase Global has a 12 month low of $139.36 and a 12 month high of $444.64.

Coinbase Global (NASDAQ:COIN) last posted its quarterly 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%. The business’s quarterly revenue was down 21.6% on a year-over-year basis. During the same period last year, the company earned $4.68 EPS. Analysts predict that Coinbase Global will post 7.22 earnings per share for the current year.

Insider Activity

In related news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $250.27, for a total transaction of $344,121.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Alesia J. Haas sold 364,600 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $154.95, for a total value of $56,494,770.00. Following the completion of the sale, the chief financial officer directly owned 402,165 shares in the company, valued at $62,315,466.75. This represents a 47.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 574,395 shares of company stock worth $110,451,160. Corporate insiders own 16.56% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in COIN. REAP Financial Group LLC purchased a new stake in shares of Coinbase Global during the 3rd quarter worth $25,000. Evelyn Partners Investment Management Europe Ltd lifted its holdings in Coinbase Global by 92.3% during the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock worth $29,000 after buying an additional 36 shares during the last quarter. Palisade Asset Management LLC acquired a new position in shares of Coinbase Global during the 3rd quarter worth about $29,000. Cullen Frost Bankers Inc. purchased a new position in shares of Coinbase Global in the 2nd quarter valued at about $30,000. Finally, Salomon & Ludwin LLC increased its holdings in shares of Coinbase Global by 4,400.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock valued at $30,000 after acquiring an additional 88 shares during the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Company buybacks: Coinbase disclosed ~8 million shares repurchased last quarter, which reduces dilution and can support EPS over time. Do Coinbase Stock Buybacks Make COIN a Good Buy Here?
• Positive Sentiment: Institutional buying: Reports say ARK Investment resumed purchases of Coinbase shares, signaling some continued institutional appetite. This can provide support amid retail volatility. Riot Rises On Activist Data Center Proposal, ARK Resumes Coinbase Buys
• Positive Sentiment: Base moves to own stack: Base (Coinbase-backed L2) is transitioning off Optimism’s stack to a unified, in-house architecture to speed upgrades and simplify the sequencer — a structural long-term positive for product control and developer velocity. Coinbase’s Base transitions to its own architecture with eye on streamlining
• Neutral Sentiment: CEO regulatory outreach: Brian Armstrong’s CNBC interview (with Senator Moreno) reiterates Coinbase’s push for clearer US crypto rules — constructive for the regulatory outlook but unlikely to change near-term fundamentals. Watch CNBC’s full interview with Coinbase CEO Brian Armstrong and U.S. Senator Bernie Moreno
• Neutral Sentiment: Stablecoin positioning: CryptoQuant data shows Coinbase holds ~8% of CEX stablecoin reserves (vs. Binance’s 65%). It highlights scale limits vs. Binance but also room to grow; relevance is strategic rather than immediate. 65% of CEX Stablecoins Sit on Binance as Exchange Reserves Hit $47.5B, CryptoQuant Reports
• Negative Sentiment: Earnings miss and revenue decline: Q4 adjusted EPS and revenue missed expectations (EPS 66c vs. est. 86c; revenue down ~22% YoY), and recent commentary included a loss per share — fundamentals remain pressured. Coinbase Global, Inc. (COIN) Reports Q4 Adjusted EPS of 66 cents Compared to the 86 cents Estimate
• Negative Sentiment: Analyst downgrades/target cuts: Multiple firms trimmed price targets (Rothschild & Co Redburn to $288; Goldman to $264; Mizuho to $170), which weighs on investor expectations despite some shops keeping “buy” or “neutral” ratings. Rothschild & Co Redburn Adjusts Price Target on Coinbase Global to $288 Goldman Sachs Lowers PT Mizuho Lowers PT to $170
• Negative Sentiment: Security incident on Base: Moonwell was exploited after a cbETH oracle misprice (cbETH = Coinbase Wrapped Staked ETH), raising smart-contract/oracle risk concerns tied to assets linked to Coinbase. That may increase scrutiny around cbETH and DeFi integrations. Moonwell hit by $1.78M exploit as AI vibe coding debate reaches DeFi
• Negative Sentiment: Zacks added COIN to Strong Sell list, which can pressure sentiment and flow-sensitive ETFs or quant funds. New Strong Sell Stocks for February 18th

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.