Coincheck Group (NASDAQ:CNCK) Rating Lowered to “Strong Sell” at Zacks Research

Posted by Brenda Bartman on Jul 3rd, 2026

Coincheck Group (NASDAQ:CNCK – Get Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Wednesday,Zacks.com reports.

CNCK has been the topic of several other reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Coincheck Group in a report on Friday, May 22nd. Wall Street Zen upgraded Coincheck Group from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Cantor Fitzgerald dropped their price target on Coincheck Group from $2.70 to $2.50 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Coincheck Group has a consensus rating of “Reduce” and an average price target of $3.75.

Check Out Our Latest Report on Coincheck Group

Coincheck Group Stock Performance

Shares of NASDAQ CNCK opened at $2.24 on Wednesday. Coincheck Group has a 52-week low of $1.39 and a 52-week high of $9.31. The stock has a market cap of $304.48 million, a P/E ratio of -24.89 and a beta of 0.45. The firm has a 50 day moving average price of $1.93 and a 200 day moving average price of $2.21.

Coincheck Group (NASDAQ:CNCK – Get Free Report) last announced its quarterly earnings results on Monday, June 29th. The company reported ($0.06) earnings per share for the quarter. Coincheck Group had a negative return on equity of 12.42% and a negative net margin of 0.38%.The firm had revenue of $752.40 million for the quarter.

Institutional Trading of Coincheck Group

A number of institutional investors have recently modified their holdings of the company. Virtu Financial LLC bought a new position in shares of Coincheck Group during the fourth quarter worth about $84,000. Ghisallo Capital Management LLC lifted its stake in Coincheck Group by 23.5% in the 4th quarter. Ghisallo Capital Management LLC now owns 1,055,172 shares of the company’s stock valued at $2,659,000 after acquiring an additional 200,930 shares in the last quarter. HRT Financial LP acquired a new position in Coincheck Group during the 4th quarter worth approximately $132,000. Kepos Capital LP acquired a new position in Coincheck Group during the 4th quarter worth approximately $661,000. Finally, Geode Capital Management LLC grew its stake in shares of Coincheck Group by 570.9% during the 4th quarter. Geode Capital Management LLC now owns 265,451 shares of the company’s stock worth $669,000 after acquiring an additional 225,882 shares in the last quarter. 33.22% of the stock is currently owned by institutional investors.

Coincheck Group Company Profile

(Get Free Report)

Coincheck Group (NASDAQ:CNCK) is a digital asset platform specializing in cryptocurrency trading and blockchain-based financial services. Headquartered in Tokyo, Japan, Coincheck operates one of the country’s largest cryptocurrency exchanges, offering a suite of services for both retail and institutional clients. Its platform supports spot trading of major digital assets such as Bitcoin, Ethereum and a variety of altcoins, complemented by secure wallet solutions and a range of order types designed to meet diverse trading needs.

Originally established in 2012, Coincheck gained early prominence in Japan’s evolving digital currency market.