Coinbase Global (NASDAQ:COIN) Price Target Lowered to $264.00 at The Goldman Sachs Group

Coinbase Global (NASDAQ:COIN) had its price target cut by analysts at The Goldman Sachs Group from $310.00 to $264.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the cryptocurrency exchange’s stock. The Goldman Sachs Group’s price objective would indicate a potential upside of 57.94% from the company’s previous close.

Other analysts have also issued research reports about the stock. Monness Crespi & Hardt lowered shares of Coinbase Global from a “buy” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research report on Thursday, February 12th. President Capital increased their price objective on Coinbase Global from $401.00 to $472.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. China Renaissance decreased their price objective on shares of Coinbase Global from $479.30 to $301.50 and set a “buy” rating on the stock in a report on Wednesday, January 14th. Canaccord Genuity Group lowered their target price on Coinbase Global from $400.00 to $300.00 and set a “buy” rating for the company in a research note on Friday. Finally, Raymond James Financial restated a “market perform” rating on shares of Coinbase Global in a research note on Thursday, January 8th. Nineteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $286.65.

Coinbase Global Trading Up 1.7%

COIN stock traded up $2.83 during midday trading on Tuesday, reaching $167.15. The company’s stock had a trading volume of 9,401,665 shares, compared to its average volume of 11,964,448. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. The firm has a market capitalization of $45.07 billion, a price-to-earnings ratio of 38.13 and a beta of 3.70. The stock has a fifty day simple moving average of $222.29 and a two-hundred day simple moving average of $282.04. Coinbase Global has a 1 year low of $139.36 and a 1 year high of $444.64.

Coinbase Global (NASDAQ:COIN) last released its earnings results 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 firm had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. Coinbase Global’s revenue was down 21.6% on a year-over-year basis. During the same period in the previous year, the company earned $4.68 earnings per share. On average, equities research analysts predict that Coinbase Global will post 7.22 EPS for the current year.

Insider Activity at Coinbase Global

In other news, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $257.31, for a total transaction of $10,292,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Alesia J. Haas sold 364,600 shares of the firm’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 in the company, valued at $62,315,466.75. This represents a 47.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 578,014 shares of company stock worth $111,392,947 over the last 90 days. Company insiders own 16.56% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Capital Advisors Wealth Management LLC lifted its stake in shares of Coinbase Global by 2.0% during the 3rd quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock worth $523,000 after buying an additional 30 shares during the last quarter. Elevation Wealth Partners LLC grew its position in Coinbase Global by 37.6% in the third quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock valued at $39,000 after acquiring an additional 32 shares during the last quarter. West Family Investments Inc. grew its position in Coinbase Global by 3.3% during the 3rd quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock worth $347,000 after acquiring an additional 33 shares during the last quarter. StoneX Group Inc. lifted its holdings in shares of Coinbase Global by 1.8% during the second quarter. StoneX Group Inc. now owns 1,970 shares of the cryptocurrency exchange’s stock worth $690,000 after purchasing an additional 34 shares during the period. Finally, Forvis Mazars Wealth Advisors LLC boosted its holdings in Coinbase Global by 3.4% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 1,040 shares of the cryptocurrency exchange’s stock valued at $351,000 after acquiring an additional 34 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.

More Coinbase Global News

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

• Positive Sentiment: Retail customers accumulated bitcoin and ethereum during the recent dip, and Coinbase’s CEO highlighted that retail users are “buying the dip,” which supports trading volume and long-term fee potential. Brian Armstrong Reveals Retail Users ‘Buying The Dip’
• Positive Sentiment: Analysts and commentators have highlighted Coinbase’s progress on revenue diversification (subscriptions/services vs. transaction fees), a structural positive for more stable top-line growth over time. Coinbase Revenue Diversification Efforts Applauded
• Neutral Sentiment: Market momentum: coverage notes that COIN’s rally is closely tied to bitcoin reclaiming higher levels; if BTC continues higher, COIN could follow, but this is market-dependent rather than company-specific. As Coinbase Stock Rallies Nearly 20%
• Neutral Sentiment: Analyst commentary and strategy pieces (Zacks) emphasize the stock is trending and outline how subscription growth and product plans could support a rebound—useful context but not immediate catalysts. Coinbase Global Posts a Soft Q4 Earnings
• Negative Sentiment: Q4 results missed expectations: adjusted EPS and revenue were below consensus (EPS $0.66 vs. $0.86 est.; revenue ~$1.78B vs. ~$1.83B), highlighting near-term sensitivity to trading volumes and pressuring sentiment. Coinbase Reports Q4 Adjusted EPS of 66 cents
• Negative Sentiment: Mizuho cut its price target sharply to $170 and moved to a neutral rating, signaling less upside from current levels and increasing near-term analyst pressure. Coinbase price target lowered at Mizuho
• Negative Sentiment: Insider selling and a controversy over the CEO’s stance on stablecoin rewards raise governance and regulatory perception risks (large insider dispositions and political pushback on stablecoin rules). What Does Coinbase’s CEO Know That You Don’t?—$545M Sold

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.