Rosenblatt Securities Cuts Coinbase Global (NASDAQ:COIN) Price Target to $240.00

Posted by Jeff Wilder on Feb 13th, 2026

Coinbase Global (NASDAQ:COIN) had its price objective cut by Rosenblatt Securities from $325.00 to $240.00 in a report released on Friday,Benzinga reports. The firm presently has a “buy” rating on the cryptocurrency exchange’s stock. Rosenblatt Securities’ price objective suggests a potential upside of 70.10% from the company’s previous close.

Other research analysts have also issued reports about the company. BTIG Research cut their target price on Coinbase Global from $340.00 to $280.00 and set a “buy” rating for the company in a research note on Friday. Benchmark restated a “buy” rating on shares of Coinbase Global in a research note on Friday, October 31st. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Coinbase Global in a research report on Wednesday, December 17th. They set a “buy” rating and a $340.00 target price on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Coinbase Global in a research report on Friday, January 9th. Finally, Bank of America upgraded shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price target for the company in a research note on Thursday, January 8th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Coinbase Global has a consensus rating of “Moderate Buy” and an average target price of $316.58.

Check Out Our Latest Stock Report on Coinbase Global

Coinbase Global Stock Down 7.9%

Shares of COIN stock opened at $141.09 on Friday. The firm has a market cap of $38.04 billion, a PE ratio of 12.21 and a beta of 3.70. Coinbase Global has a 12 month low of $139.36 and a 12 month high of $444.64. The stock has a 50 day moving average of $226.59 and a 200-day moving average of $286.30. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37.

Coinbase Global (NASDAQ:COIN – Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The company had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same period last year, the company earned $4.68 earnings per share. Coinbase Global’s revenue for the quarter was down 21.6% on a year-over-year basis. On average, equities analysts predict that Coinbase Global will post 7.22 EPS for the current year.

Insiders Place Their Bets

In other news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the firm’s stock in a transaction that occurred 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 364,600 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $154.95, for a total value of $56,494,770.00. Following the completion of the transaction, the chief financial officer directly owned 402,165 shares in the company, valued at $62,315,466.75. The trade was a 47.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 672,498 shares of company stock valued at $137,109,701. 16.56% of the stock is currently owned by insiders.

Institutional Trading of Coinbase Global

Hedge funds and other institutional investors have recently made changes to their positions in the business. REAP Financial Group LLC acquired a new position in Coinbase Global during the 3rd quarter worth about $25,000. Evelyn Partners Investment Management Europe Ltd lifted its position in shares of Coinbase Global by 92.3% during the second 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 in the last quarter. Palisade Asset Management LLC bought a new stake in shares of Coinbase Global during the third quarter valued at approximately $29,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Coinbase Global in the second quarter valued at approximately $30,000. Finally, Salomon & Ludwin LLC raised its position in Coinbase Global by 4,400.0% in the 3rd 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 last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Coinbase Global

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

Positive Sentiment: Product innovation — Coinbase launched “Agentic Wallets,” infrastructure for AI agents to autonomously trade and manage crypto assets, a potential new growth vector if adoption follows. Cointelegraph: Coinbase unveils crypto wallets designed specifically for AI agents
Positive Sentiment: Operational traction — Coinbase says it doubled total trading volume and crypto trading‑volume market share in 2025 and highlighted subscription/product growth in its shareholder letter, supporting the “Everything Exchange” strategy. BusinessWire: Coinbase doubles trading volume & market share
Neutral Sentiment: Analyst positioning mixed — H.C. Wainwright kept a Buy rating and $350 target but materially cut FY2025–FY2026 EPS forecasts, signaling lower near‑term profitability expectations even from bullish analysts. StreetInsider: H.C. Wainwright trims estimates, maintains Buy
Neutral Sentiment: Regulatory access — Coinbase executives were named to the CFTC’s Innovation Advisory Committee, which may help shape favorable regulatory outcomes over time. Cointelegraph: CFTC adds Coinbase execs to advisory committee
Negative Sentiment: Earnings miss and loss — Q4 EPS of $0.66 and $1.78B revenue missed expectations; Coinbase reported a $667M quarterly net loss and a 21% revenue decline year‑over‑year, the primary catalyst for today’s selloff. Cointelegraph: Coinbase misses Q4, posts $667M loss
Negative Sentiment: Insider selling & governance concerns — Reports detail CEO Brian Armstrong sold roughly $545–$550M of stock over 2025–Jan 2026 and the CFO sold ~$56.5M, raising investor anxiety about insider timing and confidence. Blockonomi: Armstrong sells $550M amid price crash AmericanBankingNews: CFO insider sale
Negative Sentiment: Service disruption — A brief outage prevented some customers from buying, selling or transferring crypto on the platform, an operational red flag that can intensify selling during market stress. Blockonomi: Coinbase outage halts trades and transfers
Negative Sentiment: Analyst downgrades & PT cuts — JPMorgan trimmed its price target (to $290) and some brokers cut ratings ahead of earnings, increasing near‑term downside risk as estimates are reset. Yahoo Finance: JPMorgan cuts PT

Coinbase Global Company Profile

(Get Free Report)

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.