Coinbase Global (NASDAQ:COIN – Get Free Report) had its target price lowered by equities researchers at Canaccord Genuity Group from $300.00 to $275.00 in a report issued on Friday, Benzinga reports. The firm currently has a “buy” rating on the cryptocurrency exchange’s stock. Canaccord Genuity Group‘s price objective would indicate a potential upside of 91.58% from the stock’s current price.
COIN has been the subject of several other research reports. UBS Group set a $155.00 price target on Coinbase Global in a report on Friday, July 31st. Compass Point reiterated a “neutral” rating and issued a $187.00 price objective on shares of Coinbase Global in a research report on Friday, October 9th. Argus restated a “hold” rating on shares of Coinbase Global in a research report on Wednesday, August 26th. Wells Fargo & Company lowered their price objective on Coinbase Global from $200.00 to $174.00 and set an “equal weight” rating on the stock in a research report on Friday. Finally, BTIG Research restated a “buy” rating and issued a $240.00 target price on shares of Coinbase Global in a research note on Friday. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, Coinbase Global currently has a consensus rating of “Hold” and a consensus price target of $211.47.
View Our Latest Analysis on COIN
Coinbase Global Price Performance
Shares of COIN opened at $143.54 on Friday. The company has a 50-day simple moving average of $179.74 and a 200-day simple moving average of $178.82. The firm has a market capitalization of $37.87 billion, a P/E ratio of -50.72 and a beta of 3.35. 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 has a 52 week low of $136.89 and a 52 week high of $361.40.
Coinbase Global (NASDAQ:COIN – Get Free Report) last released its earnings results 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 during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the business posted $5.14 EPS. The firm’s quarterly revenue was down 18.5% on a year-over-year basis. On average, equities research analysts expect that Coinbase Global will post -0.50 earnings per share for the current year.
Insider Buying and Selling
In related news, Director Marc L. Andreessen sold 13,676 shares of the business’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $186.18, for a total value of $2,546,197.68. Following the sale, the director owned 1,115,810 shares of the company’s stock, valued at $207,741,505.80. The trade was a 1.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Alesia J. Haas sold 39,030 shares of the company’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $205.24, for a total value of $8,010,517.20. Following the completion of the sale, the chief financial officer owned 345,376 shares in the company, valued at $70,884,970.24. This trade represents a 10.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 92,120 shares of company stock valued at $17,968,544. 16.66% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp acquired a new stake in shares of Coinbase Global during the 2nd quarter worth about $142,995,000. Southpoint Capital Advisors LP acquired a new position in Coinbase Global in the first quarter valued at about $104,766,000. National Pension Service boosted its position in Coinbase Global by 117.1% in the second quarter. National Pension Service now owns 641,518 shares of the cryptocurrency exchange’s stock valued at $93,784,000 after buying an additional 346,045 shares in the last quarter. Partners Wealth Management LLC bought a new stake in Coinbase Global during the third quarter worth about $42,554,000. Finally, Assenagon Asset Management S.A. grew its stake in Coinbase Global by 103.2% during the third quarter. Assenagon Asset Management S.A. now owns 314,338 shares of the cryptocurrency exchange’s stock worth $58,889,000 after buying an additional 159,636 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.
Coinbase Global News Roundup
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.
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