Coinbase Global, Inc. (NASDAQ:COIN – Free Report) – Stock analysts at HC Wainwright lifted their FY2026 earnings estimates for Coinbase Global in a report issued on Friday, October 30th. HC Wainwright analyst M. Colonnese now anticipates that the cryptocurrency exchange will earn ($0.33) per share for the year, up from their prior forecast of ($0.74). HC Wainwright currently has a “Buy” rating and a $240.00 price objective on the stock. The consensus estimate for Coinbase Global’s current full-year earnings is ($0.50) per share. HC Wainwright also issued estimates for Coinbase Global’s Q4 2026 earnings at ($0.03) EPS, Q1 2027 earnings at $0.24 EPS, Q2 2027 earnings at $0.55 EPS, Q3 2027 earnings at $0.91 EPS, Q4 2027 earnings at $1.12 EPS and FY2027 earnings at $2.81 EPS.
COIN has been the topic of a number of other reports. The Goldman Sachs Group decreased their price target on Coinbase Global from $244.00 to $210.00 and set a “buy” rating on the stock in a report on Friday. Keefe, Bruyette & Woods started coverage on Coinbase Global in a research note on Monday, September 28th. They issued an “outperform” rating and a $237.00 price objective for the company. Mizuho cut their target price on Coinbase Global from $155.00 to $145.00 and set a “neutral” rating for the company in a research report on Friday. Weiss Ratings raised Coinbase Global from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Finally, Wells Fargo & Company lowered their price target on Coinbase Global from $200.00 to $174.00 and set an “equal weight” rating on the stock in a report on Friday. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Coinbase Global currently has a consensus rating of “Hold” and an average target price of $211.47.
Get Our Latest Research Report on COIN
Coinbase Global Trading Down 4.0%
Shares of Coinbase Global stock opened at $137.83 on Tuesday. The company has a market capitalization of $36.36 billion, a P/E ratio of -48.70 and a beta of 3.41. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.42 and a current ratio of 2.42. The company has a fifty day moving average of $178.77 and a 200 day moving average of $178.24. Coinbase Global has a fifty-two week low of $135.46 and a fifty-two week high of $342.80.
Institutional Trading of Coinbase Global
Large investors have recently made changes to their positions in the business. CenterBook Partners LP acquired a new position in Coinbase Global during the 3rd quarter valued at approximately $344,000. Alta Advisers Ltd purchased a new position in shares of Coinbase Global in the third quarter worth $309,000. Kestra Private Wealth Services LLC raised its holdings in shares of Coinbase Global by 10.1% in the third quarter. Kestra Private Wealth Services LLC now owns 23,329 shares of the cryptocurrency exchange’s stock worth $4,349,000 after buying an additional 2,149 shares during the last quarter. Chicago Partners Investment Group LLC lifted its stake in shares of Coinbase Global by 17.4% during the third quarter. Chicago Partners Investment Group LLC now owns 3,819 shares of the cryptocurrency exchange’s stock worth $628,000 after buying an additional 565 shares during the period. Finally, Rakuten Investment Management Inc. lifted its stake in shares of Coinbase Global by 9.7% during the third quarter. Rakuten Investment Management Inc. now owns 39,243 shares of the cryptocurrency exchange’s stock worth $7,457,000 after buying an additional 3,469 shares during the period. 68.84% of the stock is currently owned by institutional investors.
Insider Transactions at Coinbase Global
In other Coinbase Global news, CFO Alesia Haas sold 39,030 shares of the firm’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $205.24, for a total transaction of $8,010,517.20. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer Jones sold 2,062 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $188.75, for a total value of $389,202.50. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 92,120 shares of company stock valued at $17,968,544 over the last three months. Corporate insiders own 16.66% of the company’s stock.
Key Headlines Impacting Coinbase Global
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: Some analysts still view Coinbase as a long-term beneficiary of the Binance crisis. BTIG and H.C. Wainwright reiterated bullish views, arguing that Coinbase’s regulated U.S. position could help it gain market share. Binance Got Hacked for $6.3 Billion
- Positive Sentiment: ARK Invest reportedly purchased about $11 million of Coinbase and Circle shares after the Binance hack, signaling confidence that established, better-regulated platforms may benefit. Cathie Wood’s ARK Buys and Sells
- Positive Sentiment: New Jersey rescinded its Coinbase staking ban and $5 million penalty, removing a regulatory obstacle, although four states reportedly continue to restrict new staking activity. New Jersey Ends Coinbase Staking Ban
- Neutral Sentiment: Coinbase is diversifying beyond spot trading through prediction markets, derivatives, stablecoin partnerships and other infrastructure. These products helped offset a reported 10% quarter-over-quarter decline in spot trading, but investors remain concerned about the durability and scale of the newer revenue streams. The Five Most Interesting Analyst Questions
- Neutral Sentiment: Bitwise’s Matt Hougan said a major Anthropic IPO could eventually channel billions of dollars into crypto, though an initial shift of investor capital toward artificial-intelligence stocks could temporarily pressure Bitcoin and Coinbase. Bitwise’s Matt Hougan on the Anthropic IPO
- Negative Sentiment: Morgan Stanley downgraded Coinbase to Underweight and slashed its price target from $258 to $120. The bank cited slowing trading activity, a softer revenue outlook and a potentially slower earnings recovery following the Binance hack. Morgan Stanley Cuts Coinbase Target to $120
- Negative Sentiment: Several other firms also reduced their price targets after third-quarter results. Although Coinbase reportedly returned to profitability with approximately $719 million of net income, revenue was about $1.22 billion and below the prior-year level, reinforcing concerns that results remain highly dependent on crypto activity. Wall Street Analysts Are Slashing Price Targets
- Negative Sentiment: Chief Executive Brian Armstrong’s equity plan permits the sale of up to roughly 8.17 million shares if specified price thresholds are met, creating a potential supply and insider-selling overhang. Coinbase CEO Could Sell 8.2 Million Shares
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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