Jefferies Financial Group Issues Pessimistic Forecast for Coinbase Global (NASDAQ:COIN) Stock Price

Coinbase Global (NASDAQ:COIN) had its target price decreased by research analysts at Jefferies Financial Group from $367.00 to $268.00 in a research note issued to investors on Monday,MarketScreener reports. The firm presently has a “hold” rating on the cryptocurrency exchange’s stock. Jefferies Financial Group’s target price would suggest a potential upside of 12.00% from the company’s previous close.

Several other research analysts have also commented on the stock. Oppenheimer cut their price target on shares of Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a report on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Coinbase Global in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft assumed coverage on Coinbase Global in a research note on Wednesday, December 17th. They set a “buy” rating and a $340.00 price target for the company. Raymond James Financial reissued a “market perform” rating on shares of Coinbase Global in a research note on Thursday, January 8th. Finally, Rothschild & Co Redburn reduced their target price on Coinbase Global from $417.00 to $404.00 and set a “buy” rating for the company in a report on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $362.72.

Coinbase Global Stock Down 6.5%

Shares of Coinbase Global stock traded down $16.58 during trading on Monday, hitting $239.28. 11,956,230 shares of the stock traded hands, compared to its average volume of 8,955,647. The stock has a market cap of $64.52 billion, a P/E ratio of 20.70 and a beta of 3.70. The company has a fifty day moving average price of $259.25 and a two-hundred day moving average price of $312.87. Coinbase Global has a twelve month low of $142.58 and a twelve month high of $444.64. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings data on Thursday, October 30th. The cryptocurrency exchange reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.40. The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The firm’s revenue was up 55.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.28 earnings per share. Equities research analysts predict that Coinbase Global will post 7.22 EPS for the current fiscal year.

Insider Activity at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 1,742 shares of Coinbase Global stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $268.00, for a total value of $466,856.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $250.03, for a total value of $343,791.25. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 808,412 shares of company stock worth $237,645,711 in the last 90 days. 16.56% of the stock is owned by company insiders.

Institutional Trading of Coinbase Global

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. REAP Financial Group LLC acquired a new position in shares of Coinbase Global during the third quarter valued at about $25,000. Evelyn Partners Investment Management Europe Ltd grew its position in Coinbase Global by 92.3% during the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock worth $29,000 after buying an additional 36 shares in the last quarter. Palisade Asset Management LLC bought a new position in Coinbase Global during the third quarter valued at about $29,000. Cullen Frost Bankers Inc. acquired a new position in Coinbase Global in the 2nd quarter valued at approximately $30,000. Finally, Salomon & Ludwin LLC lifted its position in shares of Coinbase Global by 4,400.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after acquiring an additional 88 shares during the period. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: CEO’s Washington influence — major outlets note Armstrong’s intervention stopped a Senate committee vote, demonstrating Coinbase’s clout; investors may view the company as able to shape policy outcomes in its favor over time. Coinbase, the Biggest U.S. Crypto Company, Asserts Its Power in Washington
• Positive Sentiment: Business win — Sharps Technology selected Coinbase to launch a Solana validator, a modest product/partnership positive for product adoption and fees. Sharps Technology Taps Coinbase to Launch Solana Validator
• Neutral Sentiment: Senate bill markup paused — the Digital Asset Market Clarity Act markup was pulled after industry pushback; pause could lead to a better-drafted bill or prolonged regulatory uncertainty. Crypto Market Structure Bill Paused: Senate Banking Cancels Markup
• Negative Sentiment: Coinbase withdrew support for the Senate crypto bill — Armstrong said the draft is “materially worse than the status quo,” a move that spurred headlines and investor concern about an unclear regulatory path. Coinbase cannot support crypto bill in current form, CEO Armstrong says
• Negative Sentiment: Q4 crypto slump and fund outflows — ARK’s Q4 report flagged Coinbase as a top detractor after crypto weakness and lower centralized-exchange volumes, increasing downside pressure on COIN shares. Crypto slump hits ARK ETFs in Q4, Coinbase becomes top detractor
• Negative Sentiment: Valuation and profit forecast concerns — analysts warn COIN trades at a premium while consensus expects a material earnings decline in 2026; some firms issued cautious/pessimistic outlooks. COIN Loses 8.4% in a Year, Trades at a Premium: How to Play the Stock
• Negative Sentiment: Insider/holder selling reported — filings show a notable holder sold shares, a near-term technical negative for sentiment. Coinbase Global (NASDAQ:COIN) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

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.