Coinbase Global (NASDAQ:COIN) Given New $330.00 Price Target at Sanford C. Bernstein

Coinbase Global (NASDAQ:COIN) had its price objective reduced by Sanford C. Bernstein from $440.00 to $330.00 in a report released on Monday morning,Benzinga reports. They currently have an outperform rating on the cryptocurrency exchange’s stock.

Several other analysts have also commented on the stock. Benchmark dropped their price target on shares of Coinbase Global from $421.00 to $267.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Robert W. Baird upped their price objective on shares of Coinbase Global from $165.00 to $215.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. JPMorgan Chase & Co. lowered their target price on shares of Coinbase Global from $399.00 to $290.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. Needham & Company LLC dropped their target price on Coinbase Global from $290.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Finally, Piper Sandler cut their price target on Coinbase Global from $270.00 to $150.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Nineteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Coinbase Global presently has a consensus rating of “Hold” and a consensus target price of $267.47.

Coinbase Global Stock Down 0.2%

NASDAQ:COIN opened at $160.79 on Monday. The firm has a market capitalization of $42.46 billion, a P/E ratio of 36.63, a PEG ratio of 2.79 and a beta of 3.70. Coinbase Global has a 1-year low of $139.36 and a 1-year high of $444.64. The company’s fifty day moving average price is $185.81 and its 200-day moving average price is $255.57. 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 (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 the consensus estimate of $0.83 by ($0.17). The company had revenue of $1.78 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the firm earned $4.68 EPS. As a group, equities research analysts anticipate that Coinbase Global will post 7.22 EPS for the current year.

Insider Activity

In other news, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Frederick Ernest Ehrsam III sold 2,750 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $260.09, for a total transaction of $715,247.50. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 438,120 shares of company stock worth $73,878,750 over the last quarter. 16.56% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Coinbase Global

A number of institutional investors and hedge funds have recently added to or reduced their stakes in COIN. Integrated Wealth Concepts LLC raised its position in Coinbase Global by 24.2% in the first quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock valued at $365,000 after purchasing an additional 413 shares during the period. Empowered Funds LLC grew its holdings in shares of Coinbase Global by 25.8% during the 1st quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock worth $1,478,000 after purchasing an additional 1,761 shares during the period. Focus Partners Wealth increased its position in shares of Coinbase Global by 9.9% during the 1st quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after purchasing an additional 467 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Coinbase Global during the 2nd quarter worth about $285,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Coinbase Global by 17.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 62,336 shares of the cryptocurrency exchange’s stock valued at $21,848,000 after buying an additional 9,256 shares during the period. Institutional investors and hedge funds own 68.84% of the company’s stock.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Bernstein still calls a bottom for crypto stocks and maintains an Outperform on Coinbase, arguing the selloff improves the risk/reward for on‑chain finance exposure — this helps demand for COIN as value investors look for entry points. Bernstein sees a bottom in crypto stocks into weak Q1 earnings
• Positive Sentiment: Product and business development: Coinbase-backed advocacy and a new crypto‑mortgage partnership (Bitcoin/USDC collateral linked to federally supported loans) create a real‑world use case and potential new revenue streams beyond trading fees. Coinbase’s Political Push And Crypto Mortgages Reshape Investor Risk View
• Positive Sentiment: Venture signal: Coinbase Ventures participated in Midas’s $50M raise to build an instant liquidity layer for tokenized yield — strategic venture activity supports Coinbase’s positioning in tokenization and on‑chain finance themes. Midas raises $50M to build instant liquidity layer for tokenized yield
• Neutral Sentiment: Goldman Sachs publicly backing digital‑asset equities after the drop is a supportive industry signal, but it’s not specific enough to change COIN’s near‑term fundamentals absent earnings or regulatory clarity. Crypto News Today: Goldman Sachs Backs 3 Digital Asset Stocks After Sharp Drop
• Neutral Sentiment: Coinbase/CoinTracker survey shows widespread tax confusion among crypto users — this highlights reporting headwinds and potential demand impacts but is more of a longer‑term operational/education issue than an immediate earnings driver. Two-thirds of crypto investors unaware of new IRS tax rules…
• Neutral Sentiment: Analyst commentary/upgrades pieces (e.g., Seeking Alpha re‑rating articles) are helping sentiment but often recycle the same catalysts — watch for official earnings/volume beats to confirm. Coinbase: The Latest Initiatives Change Everything (Rating Upgrade)
• Negative Sentiment: Regulatory/legal risk: the CLARITY Act’s proposed ban on passive stablecoin yield could hit Coinbase’s stablecoin‑related revenue (estimated as high as ~$1.35B annually by some counts) and is drawing public clashes with policymakers — a material downside risk to revenue forecasts. CLARITY Act Stirs Debate as Coinbase Pushes Back on Stablecoin Yield Restrictions
• Negative Sentiment: Market flow pressure: COIN and other crypto names have been heavily sold (bear ETFs up; Coinbase highlighted among hammered names), which reduces near‑term liquidity and can amplify downside if volumes fall. Coinbase, Nebius, IREN Stocks Are Getting Hammered — And These ETFs Are Making A Fortune
• Negative Sentiment: On‑chain signals show weakening institutional flows (negative Coinbase premium / institutional outflows), which could translate to lower trading revenue and more volatile quarters ahead. Growing Pressure On BTC: On-Chain Data Reveals Bitcoin’s Institutional Exodus

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.