Coinbase Global (NASDAQ:COIN) Upgraded at Robert W. Baird

Robert W. Baird upgraded shares of Coinbase Global (NASDAQ:COIN) to a hold rating in a research note published on Tuesday morning,Zacks.com reports.

Several other research analysts have also recently issued reports on the company. Monness Crespi & Hardt raised Coinbase Global from a “neutral” rating to a “buy” rating and set a $375.00 price target on the stock in a report on Monday, November 10th. Rothschild & Co Redburn dropped their price target on Coinbase Global from $404.00 to $403.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Citigroup reaffirmed a “market outperform” rating on shares of Coinbase Global in a research note on Thursday, December 18th. Needham & Company LLC dropped their target price on shares of Coinbase Global from $400.00 to $290.00 and set a “buy” rating on the stock in a research report on Monday, December 29th. Finally, China Renaissance reduced their price target on shares of Coinbase Global from $479.30 to $301.50 and set a “buy” rating for the company in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $356.27.

Coinbase Global Price Performance

Shares of NASDAQ COIN opened at $199.18 on Tuesday. Coinbase Global has a twelve month low of $142.58 and a twelve month high of $444.64. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average of $245.86 and a two-hundred day moving average of $302.61. The company has a market capitalization of $53.71 billion, a price-to-earnings ratio of 17.23 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last released its earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.40. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The business had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the previous year, the firm earned $0.28 EPS. The business’s revenue for the quarter was up 55.1% on a year-over-year basis. As a group, analysts expect that Coinbase Global will post 7.22 earnings per share for the current fiscal year.

Insider Transactions at Coinbase Global

In other news, COO Emilie Choi sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $310.88, for a total transaction of $31,088,000.00. Following the completion of the sale, the chief operating officer directly owned 187,802 shares of the company’s stock, valued at $58,383,885.76. This trade represents a 34.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Frederick Ernest Ehrsam III sold 277,074 shares of Coinbase Global stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $309.92, for a total value of $85,870,774.08. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 820,587 shares of company stock valued at $240,717,580. 16.56% of the stock is owned by insiders.

Hedge Funds Weigh In On Coinbase Global

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. REAP Financial Group LLC acquired a new stake in shares of Coinbase Global in the third quarter worth $25,000. Evelyn Partners Investment Management Europe Ltd grew its position in Coinbase Global by 92.3% in the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock worth $29,000 after purchasing an additional 36 shares during the last quarter. Palisade Asset Management LLC bought a new position in shares of Coinbase Global during the 3rd quarter worth about $29,000. Cullen Frost Bankers Inc. bought a new position in shares of Coinbase Global during the 2nd quarter worth about $30,000. Finally, Salomon & Ludwin LLC raised its position in shares of Coinbase Global by 4,400.0% during the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock valued at $30,000 after buying an additional 88 shares during the last quarter. Institutional investors 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: Coinbase integrated Jupiter’s on‑chain execution layer to give users direct access to millions of Solana tokens, letting customers trade those tokens using existing Coinbase balances and self‑custody wallets—this broadens tradable inventory and on‑platform activity. Article Title
• Positive Sentiment: Coinbase launched regulated prediction markets nationwide via a Kalshi partnership, adding event‑based trading (sports, politics, macro) that could diversify fee revenue and increase user engagement ahead of high‑volume events like the Super Bowl. Article Title
• Positive Sentiment: Coinbase expanded an automated threat‑intelligence sharing integration with Crypto ISAC to speed detection and response to sophisticated cyber threats—this reduces operational risk and supports trust in custody/trading services. Article Title
• Positive Sentiment: Coinbase Ventures is a backer of Sats Terminal (a native Bitcoin app offering loans, yield and trading), signaling continued strategic VC support and ecosystem investment that could funnel product innovation and partner flow to Coinbase. Article Title
• Neutral Sentiment: Cantor Fitzgerald initiated coverage on COIN (fresh institutional attention can increase liquidity but doesn’t itself change fundamentals). Article Title
• Neutral Sentiment: Public commentary and analysis pieces weigh Coinbase’s evolving role as infrastructure/derivatives provider—useful context for long‑term thesis but mixed for near‑term price action. Article Title
• Negative Sentiment: Bitcoin plunged toward $81k, triggering about $1.7B in derivatives liquidations—such market drawdowns typically reduce Coinbase trading volumes and commission revenue, pressuring COIN near term. Article Title
• Negative Sentiment: TRM Labs reports record illicit crypto flows in 2025 and rising AI‑assisted scams—heightened illicit activity elevates regulatory and compliance risk for exchanges, a potential headwind for Coinbase. Article Title
• Negative Sentiment: Analysts and press show growing caution: Piper Sandler trimmed its price target and Forbes/other outlets highlight recent downgrades and a 7‑day slide—these signal investor nervousness and lower near‑term sentiment. Article Title
• Negative Sentiment: Regulatory friction: UK ad bans, a White House meeting over a crypto bill, and Coinbase pulling support for a Senate crypto bill increase policy uncertainty that could affect product offerings and revenue in key jurisdictions. Article Title

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.