Coinbase Global FY2025 EPS Estimate Lowered by HC Wainwright

Coinbase Global, Inc. (NASDAQ:COIN) – Equities researchers at HC Wainwright lowered their FY2025 earnings estimates for shares of Coinbase Global in a research note issued to investors on Wednesday, February 11th. HC Wainwright analyst M. Colonnese now anticipates that the cryptocurrency exchange will post earnings per share of $4.24 for the year, down from their previous forecast of $4.80. HC Wainwright currently has a “Buy” rating and a $350.00 price objective on the stock. The consensus estimate for Coinbase Global’s current full-year earnings is $7.22 per share. HC Wainwright also issued estimates for Coinbase Global’s Q4 2025 earnings at $0.74 EPS, Q1 2026 earnings at $0.71 EPS, Q2 2026 earnings at $0.91 EPS, Q3 2026 earnings at $1.14 EPS, Q4 2026 earnings at $1.42 EPS and FY2026 earnings at $4.18 EPS.

Other equities research analysts have also recently issued reports about the company. BTIG Research reiterated a “buy” rating on shares of Coinbase Global in a research note on Friday. Bank of America raised shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price objective on the stock in a research report on Thursday, January 8th. Compass Point dropped their target price on shares of Coinbase Global from $230.00 to $190.00 and set a “sell” rating on the stock in a research note on Friday, January 23rd. Jefferies Financial Group reduced their target price on shares of Coinbase Global from $367.00 to $268.00 and set a “hold” rating for the company in a research report on Monday, January 12th. Finally, Benchmark reaffirmed a “buy” rating on shares of Coinbase Global in a report on Friday, October 31st. Nineteen equities research 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $331.58.

Coinbase Global Stock Down 7.9%

COIN stock opened at $141.09 on Friday. The stock has a market cap of $38.04 billion, a P/E ratio of 12.21 and a beta of 3.70. 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 stock’s fifty day simple moving average is $226.59 and its two-hundred day simple moving average is $286.30. Coinbase Global has a 1-year low of $139.36 and a 1-year high of $444.64.

Coinbase Global (NASDAQ:COIN) last released its earnings results 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 business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.86 billion. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The business’s revenue was down 21.6% on a year-over-year basis. During the same period in the prior year, the company earned $4.68 earnings per share.

Insider Activity at Coinbase Global

In related news, Director Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $250.27, for a total value of $344,121.25. The transaction 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 the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $248.96, for a total transaction of $9,958,400.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 672,498 shares of company stock worth $137,109,701. 16.56% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in COIN. Gerber Kawasaki Wealth & Investment Management increased its position in shares of Coinbase Global by 17.4% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 958 shares of the cryptocurrency exchange’s stock valued at $217,000 after buying an additional 142 shares during the period. Summit Financial LLC grew its stake in Coinbase Global by 1.7% during the fourth quarter. Summit Financial LLC now owns 22,847 shares of the cryptocurrency exchange’s stock valued at $5,167,000 after acquiring an additional 390 shares in the last quarter. Circle Wealth Management LLC increased its holdings in Coinbase Global by 24.1% during the 4th quarter. Circle Wealth Management LLC now owns 5,670 shares of the cryptocurrency exchange’s stock worth $1,282,000 after acquiring an additional 1,102 shares during the period. Castleark Management LLC lifted its stake in Coinbase Global by 8.1% in the 4th quarter. Castleark Management LLC now owns 17,630 shares of the cryptocurrency exchange’s stock worth $3,987,000 after purchasing an additional 1,320 shares in the last quarter. Finally, Rossby Financial LCC boosted its holdings in Coinbase Global by 13.3% in the 4th quarter. Rossby Financial LCC now owns 1,615 shares of the cryptocurrency exchange’s stock valued at $365,000 after purchasing an additional 190 shares during the period. Institutional investors own 68.84% of the company’s stock.

More Coinbase Global News

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

• Positive Sentiment: Company says 2025 trading volume and crypto trading‑volume market share doubled — evidence of stronger user activity that could support rebound in fee revenue if crypto prices stabilize. BusinessWire: Coinbase doubles trading volume & market share
• Positive Sentiment: New product rollout — Coinbase launched “Agentic Wallets” for AI agents, signaling product innovation and potential new revenue streams over time. Cointelegraph: Coinbase unveils AI agent wallets
• Neutral Sentiment: Options market was pricing for a large post‑earnings swing (~9%); that implies high volatility and makes after‑hours moves potentially outsized relative to fundamentals. TipRanks: Options market implied swing
• Negative Sentiment: Q4 earnings missed expectations: EPS reported $0.66 vs. consensus ~ $0.83–$0.92; company posted a $667M net loss and revenue fell ~21.5% Y/Y to $1.78B — primary driver of the selloff. Cointelegraph: Coinbase reports $667M loss
• Negative Sentiment: Platform disruption: a service outage temporarily prevented some users from buying, selling or transferring crypto — raises operational concerns and likely worsened short‑term trading activity. Blockonomi: Coinbase outage halts trades
• Negative Sentiment: Analyst pressure and price‑target cuts (JPMorgan cut PT to $290, others trimmed forecasts) and at least one downgrade ahead of earnings increased selling pressure. Yahoo Finance: JPMorgan cuts PT
• Negative Sentiment: Insider selling: large sales by executives (CFO and reports of CEO sell) are being highlighted by the market and can weigh on sentiment. SEC filing: Alesia Haas Form 4
• Negative Sentiment: Macro/regulatory and competitive headwinds — ongoing crypto price weakness, regulatory scrutiny and competitive pressure are reducing fee revenue visibility. WSJ: Q4 loss amid crypto meltdown

About Coinbase Global

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.