Coinbase Global (NASDAQ:COIN) had its target price lowered by investment analysts at The Goldman Sachs Group from $235.00 to $225.00 in a report released on Wednesday,MarketScreener reports. The firm currently has a “buy” rating on the cryptocurrency exchange’s stock. The Goldman Sachs Group’s price target suggests a potential upside of 23.69% from the stock’s previous close.
COIN has been the subject of several other reports. Rothschild & Co Redburn cut their price objective on shares of Coinbase Global from $281.00 to $254.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Zacks Research downgraded shares of Coinbase Global from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. Robert W. Baird cut their price objective on shares of Coinbase Global from $215.00 to $200.00 and set a “neutral” rating for the company in a research report on Wednesday, April 1st. JPMorgan Chase & Co. cut their price objective on shares of Coinbase Global from $399.00 to $290.00 and set an “overweight” rating for the company in a research report on Tuesday, February 10th. Finally, Deutsche Bank Aktiengesellschaft set a $250.00 price objective on shares of Coinbase Global in a research report on Friday, February 13th. Nineteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Coinbase Global presently has a consensus rating of “Hold” and an average price target of $261.94.
View Our Latest Research Report on COIN
Coinbase Global Trading Up 3.8%
Coinbase Global (NASDAQ:COIN – Get Free Report) last issued its quarterly earnings data 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 company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.86 billion. Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The company’s revenue was down 21.6% on a year-over-year basis. During the same quarter last year, the business earned $4.68 earnings per share. As a group, analysts predict that Coinbase Global will post 7.22 earnings per share for the current year.
Insider Activity at Coinbase Global
In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 2,750 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $260.09, for a total transaction of $715,247.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Alesia J. Haas sold 364,600 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $154.95, for a total transaction of $56,494,770.00. Following the transaction, the chief financial officer owned 402,165 shares of the company’s stock, valued at approximately $62,315,466.75. This represents a 47.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 396,745 shares of company stock valued at $63,576,559. Company insiders own 16.56% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Purpose Unlimited Inc. acquired a new position in Coinbase Global during the fourth quarter valued at approximately $10,832,000. Rockefeller Capital Management L.P. increased its holdings in shares of Coinbase Global by 0.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 216,150 shares of the cryptocurrency exchange’s stock worth $48,880,000 after buying an additional 1,591 shares in the last quarter. Osbon Capital Management LLC acquired a new position in shares of Coinbase Global during the fourth quarter worth $30,000. World Investment Advisors grew its stake in shares of Coinbase Global by 37.3% in the fourth quarter. World Investment Advisors now owns 5,709 shares of the cryptocurrency exchange’s stock worth $1,291,000 after purchasing an additional 1,552 shares during the last quarter. Finally, Audent Global Asset Management LLC grew its stake in shares of Coinbase Global by 362.4% in the fourth quarter. Audent Global Asset Management LLC now owns 12,019 shares of the cryptocurrency exchange’s stock worth $2,718,000 after purchasing an additional 9,420 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Coinbase Global
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: Bitcoin’s headline-driven rally above $71k lifted sentiment for crypto exchanges, supporting trading volumes and short‑term revenue outlook for Coinbase. The piece cautions the move is headline-dependent, so any sustained benefit will hinge on follow‑through. Bitcoin Rallies Above $71K —But Analysts Warn The Peace Is Only Temporary
- Positive Sentiment: Technical commentary suggests Bitcoin may be breaking a bearish pattern that began in January; a durable trend change would be structurally positive for Coinbase as a high‑beta proxy to crypto volumes. Bitcoin Just Deviated From The Bearish Trend That Began In January And $86,000 Could Be Next
- Positive Sentiment: Coinbase secured an Australian financial services license (AFSL) and plans to expand into equities, derivatives and payments in APAC — a strategic growth vector that diversifies revenue beyond spot crypto trading. Coinbase plans expansion to stock trading in Australia after securing license
- Positive Sentiment: Regulatory/custody wins remain a core bullish case: Coinbase received conditional OCC approval to form a national trust bank, strengthening its institutional custody narrative and competitive positioning. Coinbase (COIN) Is Up 8.7% After Winning Conditional National Trust Bank Approval – Has The Bull Case Changed?
- Neutral Sentiment: Security roadmap and long‑term tech risks are under the microscope after Google’s note on quantum threats; Coinbase is publicly framing quantum‑resilience as an industry priority, which is more strategic than immediate. Google Quantum Warning Puts Coinbase Crypto Security Plans In Focus
- Neutral Sentiment: Analyst coverage is mixed: many buy ratings and a median target well above the current price coexist with recent downgrades and wide target dispersion — expect volatility as analyst views re‑price around crypto moves and regulatory milestones. Coinbase gains as bitcoin bounces and regulatory/custody tailwinds stay in focus
- Negative Sentiment: Barclays downgraded COIN to underweight and cut its price target to $140, signaling near‑term downside risk from valuation and macro/crypto volatility concerns; such broker downgrades can weigh on sentiment and institutional flows. Barclays Downgrade (Benzinga)
- Negative Sentiment: Insider selling has been heavy in recent months, which can be viewed negatively by some investors as a signal on near‑term conviction even as company fundamentals evolve. Quiver: Insider and institutional activity
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.
Further Reading
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