Rothschild & Co Redburn Lowers Coinbase Global (NASDAQ:COIN) Price Target to $254.00

Coinbase Global (NASDAQ:COIN) had its price target lowered by research analysts at Rothschild & Co Redburn from $281.00 to $254.00 in a report released on Thursday,MarketScreener reports. The firm presently has a “buy” rating on the cryptocurrency exchange’s stock. Rothschild & Co Redburn’s price target would suggest a potential upside of 48.14% from the stock’s current price.

Several other analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft set a $250.00 target price on shares of Coinbase Global in a research report on Friday, February 13th. Benchmark decreased their price objective on Coinbase Global from $421.00 to $267.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Raymond James Financial reiterated a “market perform” rating on shares of Coinbase Global in a report on Thursday, January 8th. JPMorgan Chase & Co. cut their target price on Coinbase Global from $399.00 to $290.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Coinbase Global in a report on Friday, January 9th. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $262.54.

Coinbase Global Price Performance

Shares of NASDAQ COIN opened at $171.46 on Thursday. Coinbase Global has a 1 year low of $139.36 and a 1 year high of $444.64. The firm’s 50-day moving average is $181.73 and its 200-day moving average is $252.30. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $45.28 billion, a PE ratio of 39.06, a price-to-earnings-growth ratio of 3.31 and a beta of 3.60.

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 analysts’ consensus estimates of $0.83 by ($0.17). Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The business had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same period last year, the firm earned $4.68 earnings per share. The company’s quarterly revenue was down 21.6% on a year-over-year basis. Equities analysts expect that Coinbase Global will post 7.22 EPS for the current year.

Insider Activity at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 9,950 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $201.60, for a total value of $2,005,920.00. Following the completion of the transaction, the chief financial officer directly owned 387,221 shares of the company’s stock, valued at approximately $78,063,753.60. The trade was a 2.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the 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. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 438,120 shares of company stock worth $73,878,750 in the last quarter. Corporate insiders own 16.56% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

Several institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank acquired a new stake in Coinbase Global during the 4th quarter worth approximately $656,744,000. Vanguard Group Inc. boosted its holdings in shares of Coinbase Global by 8.3% in the third quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock valued at $8,847,905,000 after buying an additional 2,007,930 shares during the period. Capital World Investors increased its position in shares of Coinbase Global by 847.2% during the fourth quarter. Capital World Investors now owns 1,536,534 shares of the cryptocurrency exchange’s stock worth $347,472,000 after acquiring an additional 1,374,318 shares in the last quarter. Ruffer LLP bought a new stake in shares of Coinbase Global during the fourth quarter worth $166,515,000. Finally, Artisan Partners Limited Partnership acquired a new stake in shares of Coinbase Global during the third quarter worth $224,663,000. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: OCC conditional approval for a national trust charter — a major regulatory milestone that could expand Coinbase’s custody and institutional payments capabilities (Coinbase says it won’t become a commercial bank). Coinbase gets conditional US approval for trust charter (Reuters)
• Positive Sentiment: Coinbase moved its x402 protocol into a Linux Foundation‑backed x402 Foundation with Cloudflare, Stripe and many big tech/finance partners — strengthens Coinbase’s role in internet‑native payments and could drive enterprise adoption. Coinbase‑initiated x402 Foundation (Blockonomi)
• Positive Sentiment: Regulatory clarity may be near: Coinbase’s CLO says the Senate CLARITY Act compromise on stablecoin rules is “very close,” which could reduce legal/regulatory risk if settled favorably. Coinbase CLO: CLARITY Act near deal (Cointelegraph)
• Neutral Sentiment: Institutional product activity and integrations (e.g., Chainlink adoption, DataLink publishing) show ongoing product traction but are longer‑term positives rather than immediate catalysts. Chainlink recap referencing Coinbase (Blockonomi)
• Negative Sentiment: Industry and banking pushback — the Independent Community Bankers of America says the OCC’s approval of Coinbase’s trust charter is deficient and risky; sustained opposition from banks raises regulatory and political uncertainty. Community banks oppose Coinbase trust charter (Cointelegraph)
• Negative Sentiment: Multiple analyst price‑target cuts and notes trim near‑term upside expectations (Bank of America, Bernstein, Robert W. Baird, Rothschild/Redburn among firms lowering targets or reiterating tempered views). Analyst revisions often pressure short‑term stock performance. BofA lowers COIN price target (MarketScreener) Bernstein cuts PT (Yahoo Finance)
• Negative Sentiment: Competitive risk: Circle’s announcement of cirBTC (wrapped BTC aimed at institutions) could pressure Coinbase’s custody/wrapped‑BTC market share and fee economics. Circle to launch cirBTC (Cointelegraph)
• Negative Sentiment: Market flow risk: Bitcoin selling pressure and crypto market weakness have pressured COIN shares intraday, tying Coinbase’s near‑term performance to BTC price swings. Coinbase slides as Bitcoin sells off (Benzinga)

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.