Coinbase Global (NASDAQ:COIN) Price Target Lowered to $400.00 at Citigroup

Coinbase Global (NASDAQ:COIN) had its price target reduced by investment analysts at Citigroup from $505.00 to $400.00 in a report issued on Friday,MarketScreener reports. The firm presently has a “buy” rating on the cryptocurrency exchange’s stock. Citigroup’s price target indicates a potential upside of 142.25% from the stock’s previous close.

A number of other research firms have also weighed in on COIN. UBS Group set a $340.00 target price on shares of Coinbase Global in a report on Wednesday, December 17th. Cantor Fitzgerald began coverage on Coinbase Global in a report on Tuesday, January 27th. They set an “overweight” rating and a $277.00 price objective for the company. China Renaissance lowered their price objective on Coinbase Global from $479.30 to $301.50 and set a “buy” rating for the company in a research note on Wednesday, January 14th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $440.00 target price on shares of Coinbase Global in a research report on Tuesday, January 6th. Finally, Piper Sandler decreased their price target on Coinbase Global from $350.00 to $270.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. Twenty investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $348.08.

Coinbase Global Stock Performance

COIN opened at $165.12 on Friday. 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 company’s fifty day moving average price is $235.59 and its two-hundred day moving average price is $293.01. Coinbase Global has a 1-year low of $142.58 and a 1-year high of $444.64. The company has a market cap of $44.52 billion, a price-to-earnings ratio of 14.28 and a beta of 3.70.

Insiders Place Their Bets

In other news, Director Frederick Ernest Ehrsam III sold 55,688 shares of the firm’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $321.81, for a total transaction of $17,920,955.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brian Armstrong sold 40,000 shares of Coinbase Global stock in a transaction on Monday, November 17th. The stock was sold at an average price of $271.87, for a total value of $10,874,800.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 488,586 shares of company stock worth $137,640,636 over the last 90 days. Company insiders own 16.56% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in COIN. Evelyn Partners Investment Management Europe Ltd raised its holdings in shares of 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 period. REAP Financial Group LLC purchased a new stake in Coinbase Global in the third quarter worth $25,000. Palisade Asset Management LLC purchased a new stake in Coinbase Global in the third quarter worth $29,000. Cullen Frost Bankers Inc. bought a new stake in shares of Coinbase Global in the second quarter valued at $30,000. Finally, Salomon & Ludwin LLC lifted its position in shares of Coinbase Global by 4,400.0% during the 3rd 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. 68.84% of the stock is currently owned by hedge funds and other institutional investors.

Coinbase Global News Roundup

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

• Positive Sentiment: Nevada regulators failed to get an immediate court order to stop Coinbase’s prediction markets, giving the company a short-term legal win and time to press its CFTC preemption defense. Cointelegraph — Nevada loses bid to halt Coinbase prediction markets
• Positive Sentiment: Coinbase officially launched Coinbase Predict across all 50 U.S. states — a product expansion that opens a new revenue stream beyond spot trading (partnership with Kalshi; regulatory path via Coinbase Financial Markets). The Merkle — Coinbase launches prediction market platform
• Positive Sentiment: Multiple analysts continue to express confidence in Coinbase’s growth prospects while flagging volume pressure — analyst commentary can cushion downside and support valuation in volatile crypto markets. Benzinga — Demystifying Coinbase: insights from 12 analyst reviews
• Neutral Sentiment: Data on short interest in early February appears anomalous/blank in the feed and shows no actionable change (watch official exchanges for accurate updates).
• Neutral Sentiment: Mixed ARK activity: small reported buys were offset by larger disclosed sells in separate filings — this creates headline volatility but ARK flows have been choppy and not a single directional driver. Blockonomi — Cathie Wood buys Coinbase & Circle during decline
• Neutral Sentiment: Market narrative explaining today’s uptick: coverage notes COIN is rallying intraday despite reported ARK sells — short-term technical/dip-buying dynamics may be in play. TipRanks — Why COIN is rising despite ARK dump
• Negative Sentiment: ARK Invest disclosed a ~$17M sale of Coinbase stock in recent filings — an institutional seller of this size adds downward pressure and fuels headline risk. Cointelegraph — ARK dumps $17M in Coinbase stock
• Negative Sentiment: Options flow shows unusually large put buying (roughly 524k puts), indicating traders are hedging or speculating on downside — puts at this scale typically increase near-term volatility.
• Negative Sentiment: The “Coinbase Premium” metric has fallen to yearly lows, signaling U.S. institutional selling of Bitcoin — weaker institutional demand for BTC pressures Coinbase’s trading volume and revenue. Cointelegraph — Coinbase premium hits yearly low
• Negative Sentiment: Analyst previews and coverage expect flat Q4 revenue / lower earnings headwinds ahead of earnings season, which keeps downside risk for shares if results miss. Zacks — COIN Q4 earnings expected to decline
• Negative Sentiment: Newly disclosed documents linking Jeffrey Epstein to early crypto figures (including mentions of early Coinbase investment connections) are a reputational/legal overhang that could attract media and regulatory scrutiny. Fortune — Epstein’s crypto ties and early Coinbase mentions

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.