Benchmark Issues Pessimistic Forecast for Coinbase Global (NASDAQ:COIN) Stock Price

Coinbase Global (NASDAQ:COIN) had its target price lowered by investment analysts at Benchmark from $421.00 to $267.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the cryptocurrency exchange’s stock. Benchmark’s price target would suggest a potential upside of 62.49% from the stock’s current price.

A number of other analysts also recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Coinbase Global in a research report on Friday, January 9th. Monness Crespi & Hardt lowered shares of Coinbase Global from a “buy” rating to a “neutral” rating and set a $120.00 price objective for the company. in a report on Thursday. Barclays reduced their target price on shares of Coinbase Global from $258.00 to $148.00 and set an “equal weight” rating on the stock in a report on Friday. Rothschild & Co Redburn lowered their price target on shares of Coinbase Global from $404.00 to $403.00 and set a “buy” rating for the company in a research note on Friday, January 16th. Finally, Mizuho set a $280.00 price target on shares of Coinbase Global in a research report on Tuesday, December 16th. 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 stock. According to MarketBeat.com, Coinbase Global presently has an average rating of “Moderate Buy” and a consensus price target of $291.85.

Coinbase Global Stock Up 16.5%

Shares of NASDAQ:COIN opened at $164.32 on Friday. The firm has a market capitalization of $44.31 billion, a PE ratio of 37.43 and a beta of 3.70. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. Coinbase Global has a 52-week low of $139.36 and a 52-week high of $444.64. The firm has a fifty day moving average of $224.49 and a 200 day moving average of $284.20.

Coinbase Global (NASDAQ:COIN) last released 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 17.55% and a return on equity of 9.01%. The firm had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the previous year, the business earned $4.68 EPS. The company’s revenue for the quarter was down 21.6% on a year-over-year basis. As a group, research analysts anticipate that Coinbase Global will post 7.22 EPS for the current fiscal year.

Insiders Place Their Bets

In other Coinbase Global news, CFO Alesia J. Haas sold 364,600 shares of the company’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 transaction of $56,494,770.00. Following the completion of the transaction, the chief financial officer owned 402,165 shares of the company’s stock, valued at $62,315,466.75. This represents a 47.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $271.87, for a total value of $10,874,800.00. The SEC filing for this sale provides additional information. Insiders have sold 672,498 shares of company stock worth $137,109,701 in the last quarter. 16.56% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in COIN. Vanguard Group Inc. boosted its stake in shares of Coinbase Global by 25.5% during the 2nd quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock valued at $8,484,964,000 after purchasing an additional 4,914,407 shares in the last quarter. Norges Bank purchased a new stake in Coinbase Global in the second quarter worth about $1,044,354,000. Geode Capital Management LLC boosted its position in Coinbase Global by 46.1% during the 2nd quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock valued at $1,940,805,000 after acquiring an additional 1,755,146 shares in the last quarter. Capital World Investors boosted its position in Coinbase Global by 847.2% during the 4th quarter. Capital World Investors now owns 1,536,534 shares of the cryptocurrency exchange’s stock valued at $347,472,000 after acquiring an additional 1,374,318 shares in the last quarter. Finally, Ruffer LLP purchased a new position in shares of Coinbase Global during the 4th quarter worth approximately $166,515,000. 68.84% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Short‑term buying momentum: traders are buying the post‑earnings drop and the stock has bounced off prior support levels, leading to a sharp intraday rebound even after the Q4 miss. Read More.
• Positive Sentiment: Operational and product positives: Coinbase highlights doubling crypto trading market share in 2025, subscription strength and new initiatives (Agentic/AI wallets) that diversify revenue and address longer‑term growth. Read More.
• Neutral Sentiment: Analyst reaction is mixed: many firms cut price targets and trimmed estimates (wide dispersion of PTs), leaving both upside and downside scenarios for investors to weigh. Read More.
• Neutral Sentiment: Short‑interest data in some feeds shows 0 shares (days‑to‑cover 0.0) — the reporting appears unreliable and provides no clear short‑squeeze signal.
• Negative Sentiment: Q4 miss and first quarterly loss in two years: Coinbase reported a $667M net loss, revenue down ~21% Y/Y and EPS below estimates — the core trading business remains sensitive to crypto price moves. Read More.
• Negative Sentiment: Insider selling raises governance/sentiment concerns: reporting shows large stock sales by CEO Brian Armstrong (reported ~$550M) and a CFO sale (~$56M), which can weigh on investor confidence. Read More. Read More.
• Negative Sentiment: Operational hiccup: a brief platform outage affected buy/sell/transfer functionality around the earnings release, spotlighting execution risk. Read More.

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.