Coinbase Global (NASDAQ:COIN) Stock Gets Price Target Trim from Canaccord Genuity Group

Coinbase Global (NASDAQ:COIN) had its target price trimmed by Canaccord Genuity Group from $300.00 to $275.00 in a report published on Friday morning,Benzinga reports. They currently have a buy rating on the cryptocurrency exchange’s stock.

A number of other brokerages have also commented on COIN. HC Wainwright reissued a “buy” rating and set a $240.00 price objective on shares of Coinbase Global in a report on Friday. Citigroup reiterated a “market outperform” rating on shares of Coinbase Global in a research report on Friday. Mizuho decreased their price objective on Coinbase Global from $155.00 to $145.00 and set a “neutral” rating on the stock in a research note on Friday. Keefe, Bruyette & Woods started coverage on shares of Coinbase Global in a research note on Monday, September 28th. They issued an “outperform” rating and a $237.00 target price on the stock. Finally, UBS Group set a $155.00 price objective on Coinbase Global in a report on Friday, July 31st. Twenty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $211.47.

Coinbase Global Price Performance

Shares of COIN opened at $143.54 on Friday. The firm has a market cap of $37.87 billion, a PE ratio of -50.72 and a beta of 3.35. Coinbase Global has a 52-week low of $136.89 and a 52-week high of $361.40. The business’s 50 day moving average price is $179.74 and its two-hundred day moving average price is $178.82. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.42 and a current ratio of 2.42.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings data on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) earnings per share for the quarter, missing the consensus estimate of ($0.44) by ($0.92). Coinbase Global had a negative net margin of 12.46% and a positive return on equity of 0.76%. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the prior year, the company posted $5.14 EPS. Coinbase Global’s revenue for the quarter was down 18.5% on a year-over-year basis. On average, equities analysts anticipate that Coinbase Global will post -0.50 EPS for the current year.

Insider Buying and Selling at Coinbase Global

In related news, CAO Jennifer Jones sold 2,062 shares of Coinbase Global stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $188.75, for a total transaction of $389,202.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Andreessen sold 6,838 shares of the business’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $198.00, for a total value of $1,353,924.00. Following the completion of the sale, the director directly owned 1,108,972 shares in the company, valued at $219,576,456. This trade represents a 0.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 92,120 shares of company stock worth $17,968,544. Corporate insiders own 16.66% of the company’s stock.

Institutional Investors Weigh In On Coinbase Global

A number of large investors have recently made changes to their positions in COIN. Kestra Private Wealth Services LLC raised its holdings in Coinbase Global by 10.1% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 23,329 shares of the cryptocurrency exchange’s stock worth $4,349,000 after purchasing an additional 2,149 shares during the period. Chicago Partners Investment Group LLC boosted its holdings in shares of Coinbase Global by 17.4% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 3,819 shares of the cryptocurrency exchange’s stock valued at $628,000 after purchasing an additional 565 shares during the last quarter. Rakuten Investment Management Inc. grew its holdings in Coinbase Global by 9.7% during the 3rd quarter. Rakuten Investment Management Inc. now owns 39,243 shares of the cryptocurrency exchange’s stock valued at $7,457,000 after buying an additional 3,469 shares in the last quarter. TrinityBridge Ltd increased its position in Coinbase Global by 12.6% in the third quarter. TrinityBridge Ltd now owns 3,981 shares of the cryptocurrency exchange’s stock worth $742,000 after purchasing an additional 445 shares during the last quarter. Finally, Integrity Alliance LLC. purchased a new position in Coinbase Global in the third quarter worth about $355,000. 68.84% of the stock is currently owned by institutional investors.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Coinbase reported approximately $718.7 million in third-quarter 2026 net income and diluted EPS of $2.51, representing a return to profitability. Management is also developing less trading-dependent businesses, including prediction markets, stablecoin partnerships such as RLUSD and AI infrastructure. Coinbase Stock Faces Revenue Test After Q3 Earnings
• Positive Sentiment: CMB International Securities reiterated a Buy rating and maintained a $205 price target, citing improving profitability and strategic progress. BTIG Research, HC Wainwright and Cantor Fitzgerald also reiterated positive ratings. Analyst Reiterates Buy on Coinbase
• Neutral Sentiment: Coinbase adjusted its cold-storage procedures after authorities linked a multibillion-dollar Binance hack to North Korea’s TraderTraitor group. The changes may strengthen institutional confidence, but the incident highlights security risks across the crypto-exchange industry. Coinbase Adjusts Cold Storage After Binance Hack
• Negative Sentiment: Third-quarter revenue was about $1.216 billion and declined substantially year over year, underscoring Coinbase’s continued exposure to trading activity despite its newer growth initiatives. Why Coinbase Shares Are Falling
• Negative Sentiment: Wells Fargo, Goldman Sachs, Barclays, Needham and Mizuho all reduced their COIN price targets, signaling more cautious expectations for trading revenue and valuation.
• Negative Sentiment: Reports that CEO Brian Armstrong and other executives plan to sell roughly $2.2 billion of stock add insider-selling pressure and may weaken investor sentiment. Coinbase Executives Plan Stock Sale
• Negative Sentiment: The Binance hack has triggered a broader selloff in crypto-exchange shares, raising concerns about cybersecurity, customer-asset protection and regulatory scrutiny. Crypto Exchange Stocks Tumble After Binance Hack

About Coinbase Global

Coinbase Global, Inc operates a digital-asset financial infrastructure and technology platform. Through its Coinbase platform, the company enables individuals and institutions to buy, sell, store, transfer and use cryptocurrencies and other digital assets. Its services are designed to support both retail customers and institutional participants in the digital-asset economy.

The company offers cryptocurrency trading, custody and staking services, as well as subscription products and institutional solutions.