Coinbase Global (NASDAQ:COIN) had its price target upped by research analysts at Jefferies Financial Group from $151.00 to $181.00 in a report issued on Thursday,MarketScreener reports. The firm currently has a “hold” rating on the cryptocurrency exchange’s stock. Jefferies Financial Group’s price objective suggests a potential upside of 6.55% from the company’s current price.
A number of other equities analysts also recently issued reports on the stock. UBS Group set a $264.00 price target on shares of Coinbase Global in a report on Friday, February 13th. President Capital dropped their target price on shares of Coinbase Global from $472.00 to $236.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Rosenblatt Securities lowered their price target on shares of Coinbase Global from $325.00 to $240.00 and set a “buy” rating for the company in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $250.00 target price on shares of Coinbase Global in a research report on Friday, February 13th. Finally, Robert W. Baird reduced their price target on shares of Coinbase Global from $215.00 to $200.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 1st. Nineteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $262.94.
Read Our Latest Stock Report on Coinbase Global
Coinbase Global Price Performance
Coinbase Global (NASDAQ:COIN – Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). The company had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. Coinbase Global’s revenue was down 21.6% on a year-over-year basis. During the same period last year, the firm posted $4.68 earnings per share. As a group, equities research analysts expect that Coinbase Global will post 7.22 earnings per share for the current year.
Insider Buying and Selling at Coinbase Global
In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $250.27, for a total transaction of $344,121.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Alesia J. Haas sold 9,950 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $201.60, for a total transaction of $2,005,920.00. Following the sale, the chief financial officer 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 position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 396,745 shares of company stock valued at $63,576,559. 16.56% of the stock is owned by insiders.
Hedge Funds Weigh In On Coinbase Global
Several institutional investors have recently modified their holdings of COIN. REAP Financial Group LLC bought a new position in shares of Coinbase Global during the third quarter worth about $25,000. MV Capital Management Inc. acquired a new stake in Coinbase Global in the fourth quarter worth about $27,000. Palisade Asset Management LLC acquired a new position in shares of Coinbase Global in the 3rd quarter valued at about $29,000. Salomon & Ludwin LLC boosted its position in Coinbase Global by 4,400.0% during the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after purchasing an additional 88 shares during the period. Finally, Osbon Capital Management LLC bought a new stake in shares of Coinbase Global in the fourth quarter valued at approximately $30,000. 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 won a major OCC nod to build a large institutional custody business (described as a $376B opportunity), which strengthens its institutional revenue runway and product moat. Coinbase Wins OCC Nod For $376 Billion Institutional Custody Empire
- Positive Sentiment: Coinbase secured an Australian financial services license (AFSL) and plans to expand into equities, futures and other TradFi products in APAC, opening new revenue channels beyond spot crypto trading. Coinbase plans expansion to stock trading in Australia after securing license
- Positive Sentiment: MarketVector Indexes and Coinbase Asset Management launched the Coinbase Store of Value Index (COINSOV), a new institutional benchmark that could drive product and asset-management distribution opportunities. MarketVector Indexes and Coinbase Asset Management Launch the Coinbase Store of Value Index (COINSOV)
- Positive Sentiment: Goldman Sachs trimmed its price target to $225 but kept a Buy rating, signaling continued institutional conviction despite near‑term headwinds. Goldman Sachs adjusts price target on Coinbase Global to $225
- Neutral Sentiment: Bitcoin price action remains mixed—recent rallies and analyst roadmaps create the potential for higher trading volumes (good for Coinbase trading fees) but the backdrop is volatile and headline‑driven. Higher Before Lower: How Bitcoin Price Will Get To $240,000
- Neutral Sentiment: Google’s quantum warning highlights long‑term security risks to crypto; Coinbase is publicly engaging on the issue—important for infrastructure credibility but not an immediate revenue driver. Google Quantum Warning Puts Coinbase Crypto Security Plans In Focus
- Negative Sentiment: Barclays initiated coverage with an Underweight rating and $140 price target (20% below the current level) and other analysts flagged profitability concerns—this drove today’s selling pressure. Barclays downgrades Coinbase Global (COIN) Analyst slashes Coinbase rating, flags profitability concerns
- Negative Sentiment: Competitive moves—Binance.US planning a comeback into derivatives/prediction markets and Morgan Stanley launching a Bitcoin ETP—could pressure Coinbase’s market share in institutional and retail products. Binance.US Plans Market Return with Derivatives, Prediction Markets Push Morgan Stanley Debuts New Bitcoin Investment Vehicle
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.
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