Zacks Research Upgrades Coinbase Global (NASDAQ:COIN) to “Hold”

Coinbase Global (NASDAQ:COIN) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Other research analysts also recently issued reports about the stock. Monness Crespi & Hardt downgraded shares of Coinbase Global from a “hold” rating to a “sell” rating in a research report on Monday, February 23rd. JPMorgan Chase & Co. reduced their target price 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. Piper Sandler increased their target price on shares of Coinbase Global from $150.00 to $180.00 and gave the company a “neutral” rating in a research report on Wednesday. Raymond James Financial reissued a “market perform” rating on shares of Coinbase Global in a research report on Thursday, January 8th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Coinbase Global in a research report on Friday, January 9th. Nineteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $261.11.

Coinbase Global Trading Up 6.2%

NASDAQ:COIN opened at $195.90 on Tuesday. 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 cap of $51.73 billion, a price-to-earnings ratio of 44.62, a price-to-earnings-growth ratio of 4.09 and a beta of 3.60. Coinbase Global has a 52 week low of $139.36 and a 52 week high of $444.64. The firm has a 50-day moving average price of $178.78 and a two-hundred day moving average price of $243.50.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 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 analysts’ expectations of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. The company’s quarterly revenue was down 21.6% on a year-over-year basis. During the same quarter last year, the business posted $4.68 EPS. On average, equities analysts expect that Coinbase Global will post 7.22 earnings per share for the current fiscal year.

Insider Activity at Coinbase Global

In related news, CFO Alesia J. Haas sold 9,950 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $201.60, for a total transaction of $2,005,920.00. Following the sale, the chief financial officer directly owned 387,221 shares in the company, valued at approximately $78,063,753.60. This represents a 2.51% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last 90 days, insiders have sold 384,570 shares of company stock worth $60,504,690. Corporate insiders own 16.56% of the company’s stock.

Institutional Trading of Coinbase Global

A number of hedge funds and other institutional investors have recently bought and sold shares of COIN. Integrated Wealth Concepts LLC increased its holdings in Coinbase Global by 24.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock worth $365,000 after acquiring an additional 413 shares during the period. Empowered Funds LLC increased its holdings in Coinbase Global by 25.8% during the 1st quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock worth $1,478,000 after acquiring an additional 1,761 shares during the period. Focus Partners Wealth increased its holdings in Coinbase Global by 9.9% during the 1st quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after acquiring an additional 467 shares during the period. Sivia Capital Partners LLC bought a new stake in Coinbase Global during the 2nd quarter worth approximately $285,000. Finally, Cerity Partners LLC increased its holdings in Coinbase Global by 8.6% during the 2nd quarter. Cerity Partners LLC now owns 17,694 shares of the cryptocurrency exchange’s stock worth $6,203,000 after acquiring an additional 1,402 shares during the period. Institutional investors own 68.84% of the company’s stock.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Broad crypto rally led by Bitcoin (past $75k) boosted Coinbase’s trading volumes and triggered a sector-wide equity bounce. Why Coinbase (COIN) Stock Is Trading Up Today
• Positive Sentiment: Piper Sandler raised its price target to $180 (from $150), citing higher futures volume tied to geopolitical events that can lift crypto derivatives and exchange volumes — a near-term catalyst for fee revenue. Piper Sandler Lifts Coinbase Target to $180
• Positive Sentiment: Reports that Coinbase is negotiating with Anthropic for access to Claude Mythos (an advanced, limited AI model) signal a push to strengthen security and fraud detection — a potential long‑term moat that could reduce losses and reassure institutional clients. Coinbase to Collaborate With Anthropic on Advanced AI Defense Systems
• Positive Sentiment: Bernstein and other industry notes forecast massive growth in prediction markets (to ~$1T by 2030) and name Coinbase as a likely public-market beneficiary — a multi-year revenue diversification opportunity. Prediction markets will grow to $1 trillion by 2030, Bernstein estimates
• Positive Sentiment: Short-term institutional demand for Ethereum on Coinbase spiked (Coinbase premium index), indicating episodic institutional flows that can lift spot and derivatives volumes on Coinbase. Ethereum Just Saw Its Strongest Institutional Demand Signal Since October
• Neutral Sentiment: Analyst price‑target pieces and long-range bullish forecasts (e.g., 24/7 Wall St.) highlight upside scenarios but are model-dependent; useful for sentiment but not immediate proof of fundamentals. Coinbase Price Prediction: Can COIN Reclaim Its All Time Highs?
• Negative Sentiment: Kraken has revived IPO plans, which validates the exchange sector but also increases competitive pressure on fees, product innovation and institutional relationships — a potential long-term headwind. Kraken Revives IPO Plans Amid Bitcoin’s Recent Surge

Coinbase Global Company Profile

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.