Coinbase Global (NASDAQ:COIN) Price Target Lowered to $350.00 at HC Wainwright

Coinbase Global (NASDAQ:COIN) had its target price lowered by HC Wainwright from $425.00 to $350.00 in a research note released on Wednesday morning, Marketbeat reports. The firm currently has a buy rating on the cryptocurrency exchange’s stock.

A number of other research analysts also recently weighed in on the company. Jefferies Financial Group lowered their target price on Coinbase Global from $367.00 to $268.00 and set a “hold” rating on the stock in a report on Monday, January 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Coinbase Global in a research note on Friday, January 9th. The Goldman Sachs Group raised their price objective on shares of Coinbase Global from $303.00 to $310.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Mizuho set a $280.00 target price on shares of Coinbase Global in a report on Tuesday, December 16th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $440.00 price objective on shares of Coinbase Global in a research report on Tuesday, January 6th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Coinbase Global presently has an average rating of “Moderate Buy” and a consensus price target of $331.58.

Coinbase Global Stock Performance

NASDAQ:COIN traded down $11.78 during mid-day trading on Wednesday, reaching $141.42. The company’s stock had a trading volume of 4,763,624 shares, compared to its average volume of 10,792,318. The stock has a market cap of $38.13 billion, a P/E ratio of 12.31 and a beta of 3.70. The firm’s fifty day moving average price is $229.25 and its two-hundred day moving average price is $287.32. Coinbase Global has a 12-month low of $142.58 and a 12-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.

Insider Activity at Coinbase Global

In other Coinbase Global news, insider Paul Grewal sold 11,955 shares of Coinbase Global stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $246.18, for a total value of $2,943,081.90. Following the sale, the insider directly owned 75,811 shares in the company, valued at approximately $18,663,151.98. The trade was a 13.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Alesia J. Haas sold 364,600 shares of the firm’s 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 transaction, the chief financial officer owned 402,165 shares of the company’s stock, valued at approximately $62,315,466.75. The trade was a 47.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 672,498 shares of company stock valued at $137,109,701. Insiders own 16.56% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Coinbase Global by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 26,400,836 shares of the cryptocurrency exchange’s stock worth $5,970,285,000 after buying an additional 184,043 shares in the last quarter. Geode Capital Management LLC raised its position in Coinbase Global by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 6,098,062 shares of the cryptocurrency exchange’s stock valued at $1,374,080,000 after purchasing an additional 189,080 shares during the period. Norges Bank bought a new stake in shares of Coinbase Global in the 2nd quarter valued at approximately $1,044,354,000. ARK Investment Management LLC boosted its holdings in shares of Coinbase Global by 6.1% in the 4th quarter. ARK Investment Management LLC now owns 2,541,928 shares of the cryptocurrency exchange’s stock worth $574,832,000 after purchasing an additional 146,388 shares during the period. Finally, Northern Trust Corp raised its holdings in Coinbase Global by 5.9% during the 3rd quarter. Northern Trust Corp now owns 1,959,871 shares of the cryptocurrency exchange’s stock valued at $661,437,000 after buying an additional 108,751 shares during the period. 68.84% of the stock is currently owned by institutional investors.

Coinbase Global News Summary

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

• Positive Sentiment: Coinbase launched “Agentic Wallets” — wallet infrastructure that lets AI agents hold and autonomously trade/manage crypto, a product push that could expand developer and on‑chain activity over time. Cointelegraph: Coinbase unveils crypto wallets designed specifically for AI agents
• Positive Sentiment: Interactive Brokers added Coinbase Derivatives’ nano and perpetual futures to its platform, broadening distribution of Coinbase’s derivatives product and potentially boosting fee-based revenue. Interactive Brokers expansion
• Neutral Sentiment: Options markets expect a sizable post-earnings move, highlighting elevated volatility around the Q4 report — this raises trading activity but also short-term risk for COIN shares. TipRanks: Options market braces for a swing
• Neutral Sentiment: Coinbase is refocusing its Base app toward trading and ending creator rewards — could cut costs and sharpen product focus but narrows the company’s broader “everything app” ambitions. Blockonomi: Base app pivot
• Neutral Sentiment: Marketing and brand moves (e.g., Super Bowl ad) may help awareness but have limited direct impact on near-term fundamentals ahead of earnings. Cointelegraph: Super Bowl ad
• Negative Sentiment: Monness Crespi downgraded COIN from Buy to Neutral with a $120 target, signaling analyst concern and adding selling pressure into earnings. The Fly: Monness Crespi downgrade
• Negative Sentiment: JPMorgan cut its price target from $399 to $290, and other firms (Cantor Fitzgerald, Piper Sandler, HC Wainwright adjustments) have trimmed targets — analyst revisions are weighing on sentiment ahead of Q4. Yahoo: JPMorgan cuts PT
• Negative Sentiment: CFO Alesia Haas sold 364,600 shares (filed with the SEC), a large insider sale that markets often view unfavorably in the short term. SEC Form 4: Haas sale
• Negative Sentiment: Regulatory and political scrutiny (criticisms over Clarity Act opposition, Congressional attention to SEC enforcement) and macro moves in Bitcoin—recent BTC weakness/volatility—raise near-term revenue risk tied to trading volumes. Blockonomi: Regulatory scrutiny

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.