Coinbase Global (NASDAQ:COIN) Stock Price Expected to Rise, Mizuho Analyst Says

Coinbase Global (NASDAQ:COIN) had its price objective raised by investment analysts at Mizuho from $170.00 to $200.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the cryptocurrency exchange’s stock. Mizuho’s price objective suggests a potential downside of 7.66% from the stock’s current price.

COIN has been the topic of a number of other research reports. Zacks Research raised shares of Coinbase Global from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. BTIG Research lowered their price objective on Coinbase Global from $340.00 to $280.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. HC Wainwright decreased their target price on Coinbase Global from $350.00 to $310.00 and set a “buy” rating on the stock in a research note on Friday. Rosenblatt Securities restated a “buy” rating and issued a $240.00 price objective on shares of Coinbase Global in a research report on Wednesday, May 6th. Finally, Canaccord Genuity Group dropped their target price on shares of Coinbase Global from $400.00 to $300.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Nineteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Coinbase Global presently has an average rating of “Hold” and an average price target of $251.01.

Coinbase Global Price Performance

COIN opened at $216.60 on Tuesday. Coinbase Global has a 1 year low of $139.36 and a 1 year high of $444.64. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. The company has a market capitalization of $57.20 billion, a price-to-earnings ratio of 81.43, a P/E/G ratio of 4.54 and a beta of 3.38. The firm’s fifty day moving average price is $190.10 and its two-hundred day moving average price is $225.06.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.49 billion. Coinbase Global had a net margin of 12.20% and a return on equity of 4.06%. The firm’s revenue for the quarter was down 30.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.24 earnings per share. As a group, analysts anticipate that Coinbase Global will post 2.78 earnings per share for the current fiscal year.

Insider Buying and Selling at Coinbase Global

In related news, CFO Alesia J. Haas sold 10,020 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $200.00, for a total transaction of $2,004,000.00. Following the transaction, the chief financial officer owned 377,201 shares in the company, valued at $75,440,200. The trade was a 2.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 29,990 shares of company stock worth $6,013,920. Insiders own 16.66% of the company’s stock.

Institutional Investors Weigh In On Coinbase Global

Several hedge funds have recently made changes to their positions in COIN. Integrated Wealth Concepts LLC raised its position in Coinbase Global by 24.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock worth $365,000 after buying an additional 413 shares during the last quarter. Empowered Funds LLC lifted its position in Coinbase Global by 25.8% during the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock valued at $1,478,000 after purchasing an additional 1,761 shares during the period. Focus Partners Wealth grew its position in Coinbase Global by 9.9% in the 1st quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after purchasing an additional 467 shares during the period. Sivia Capital Partners LLC purchased a new stake in Coinbase Global during the 2nd quarter valued at $285,000. Finally, Cerity Partners LLC lifted its holdings in shares of Coinbase Global by 8.6% during the 2nd quarter. Cerity Partners LLC now owns 17,694 shares of the cryptocurrency exchange’s stock valued at $6,203,000 after buying an additional 1,402 shares during the period. 68.84% of the stock is currently owned by institutional investors.

Key Coinbase Global News

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

• Negative Sentiment: H.C. Wainwright slashed its Q2 2026 EPS estimate for Coinbase from $1.27 to $0.05, signaling a much weaker near-term earnings outlook. Coinbase Global, Inc. estimate update
• Negative Sentiment: The firm also cut its Q3 2026 EPS forecast to $0.56 from $1.53, reinforcing concerns that trading or transaction activity may soften. Coinbase Global, Inc. estimate update
• Negative Sentiment: FY2026 EPS estimates were reduced to $1.30 from $5.19, a major downgrade that could weigh on valuation expectations for COIN stock. Coinbase Global, Inc. estimate update
• Neutral Sentiment: Despite the cuts, H.C. Wainwright still rates Coinbase a Buy and keeps a $310 price target, suggesting the long-term thesis remains intact. Coinbase Global, Inc. estimate update

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.