Coinbase Global (NASDAQ:COIN) Reaches New 52-Week Low After Analyst Downgrade

Shares of Coinbase Global, Inc. (NASDAQ:COIN) reached a new 52-week low during mid-day trading on Thursday after Monness Crespi & Hardt downgraded the stock from a buy rating to a neutral rating. Monness Crespi & Hardt now has a $120.00 price target on the stock. Coinbase Global traded as low as $140.94 and last traded at $140.6240, with a volume of 5890839 shares changing hands. The stock had previously closed at $153.20.

A number of other research firms have also weighed in on COIN. JPMorgan Chase & Co. reduced 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 note on Tuesday. Cantor Fitzgerald decreased their price objective on shares of Coinbase Global from $277.00 to $221.00 and set an “overweight” rating for the company in a research note on Monday. B. Riley Financial raised their target price on shares of Coinbase Global from $185.00 to $243.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. The Goldman Sachs Group upped their price target on shares of Coinbase Global from $303.00 to $310.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Coinbase Global in a research note on Friday, January 9th. Nineteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $331.58.

Insider Activity at Coinbase Global

In other news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $250.27, for a total value of $344,121.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Alesia J. Haas sold 364,600 shares of the company’s stock in a transaction 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 transaction, the chief financial officer owned 402,165 shares of the company’s stock, valued at approximately $62,315,466.75. The trade was 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 quarter, insiders sold 672,498 shares of company stock valued at $137,109,701. 16.56% of the stock is owned by company insiders.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Launched “Agentic” wallets — Coinbase introduced AI‑agent‑enabled wallets that let automated agents hold and trade crypto, a product that could open new developer and fee opportunities over time. Cointelegraph: Coinbase unveils crypto wallets designed specifically for AI agents
• Positive Sentiment: Deepened security ties with Crypto ISAC — expanded threat‑intelligence sharing could reduce security risk and improve institutional credibility, supporting enterprise adoption. Yahoo Finance: Coinbase and Crypto ISAC deepen partnership
• Neutral Sentiment: Product & marketing moves (Base app pivot, Super Bowl ad) — Base is refocusing on trading and Coinbase ran a high‑profile ad; these affect brand and strategy but are unlikely to move near‑term earnings materially. Blockonomi: Base app pivot
• Neutral Sentiment: Options market pricing implies a large post‑earnings swing (~9.4%) — higher expected volatility raises trading costs for holders and may widen intraday moves when results arrive. TipRanks: Options market braces for a 9.41% swing
• Negative Sentiment: Low odds of an earnings beat — Polymarket traders give COIN only ~22% probability of topping estimates, feeding short‑term selling pressure ahead of the report. Benzinga: Coinbase Only 22% To Beat Its Earnings
• Negative Sentiment: Major analyst price‑target cuts and downgrades — JPMorgan trimmed its target sharply (from $399 to $290) and other shops reduced forecasts, increasing near‑term downside pressure from institutional flows. Yahoo Finance: JPMorgan cuts price target
• Negative Sentiment: High‑profile insider selling — reports of large sales by the CEO and CFO (Armstrong and Alesia Haas) have raised investor concern about insider conviction ahead of earnings. Benzinga: CEO $545M sold
• Negative Sentiment: Regulatory and political friction — public criticism over policy positions and ongoing market‑structure scrutiny add disclosure and execution risk that investors price in today. Benzinga: Regulatory friction
• Negative Sentiment: Market/crypto weakness and competition — recent volatility in Bitcoin and signs rivals gaining share raise risk that trading volumes and fee revenue disappoint the quarter. Yahoo Finance: Competition concerns

Hedge Funds Weigh In On Coinbase Global

Several institutional investors have recently bought and sold shares of the stock. Bessemer Group Inc. lifted its holdings in shares of Coinbase Global by 672.2% in the second quarter. Bessemer Group Inc. now owns 1,166 shares of the cryptocurrency exchange’s stock worth $408,000 after acquiring an additional 1,015 shares during the last quarter. SP Asset Management LLC bought a new position in Coinbase Global in the 2nd quarter valued at approximately $360,000. New York Life Investment Management LLC lifted its stake in Coinbase Global by 890.8% in the 2nd quarter. New York Life Investment Management LLC now owns 31,479 shares of the cryptocurrency exchange’s stock valued at $11,033,000 after purchasing an additional 28,302 shares during the last quarter. Atria Investments Inc acquired a new stake in Coinbase Global in the second quarter valued at approximately $1,137,000. Finally, FengHe Fund Management Pte. Ltd. grew its stake in shares of Coinbase Global by 119.1% during the third quarter. FengHe Fund Management Pte. Ltd. now owns 69,900 shares of the cryptocurrency exchange’s stock worth $23,591,000 after buying an additional 38,000 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors.

Coinbase Global Trading Down 8.7%

The business’s 50 day simple moving average is $229.25 and its two-hundred day simple moving average is $287.32. The stock has a market cap of $37.72 billion, a P/E ratio of 12.15 and a beta of 3.70. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37.

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.