Coinbase Global (NASDAQ:COIN) Rating Increased to Hold at Robert W. Baird

Coinbase Global (NASDAQ:COIN) was upgraded by Robert W. Baird to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Several other analysts have also recently commented on the company. Argus reiterated a “hold” rating on shares of Coinbase Global in a report on Tuesday, November 25th. Piper Sandler reduced their price objective on shares of Coinbase Global from $350.00 to $270.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Sanford C. Bernstein reiterated an “outperform” rating and set a $440.00 price objective on shares of Coinbase Global in a research report on Tuesday, January 6th. Bank of America upgraded shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 target price on the stock in a report on Thursday, January 8th. Finally, The Goldman Sachs Group lifted their price objective on Coinbase Global from $303.00 to $310.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Coinbase Global currently has an average rating of “Moderate Buy” and a consensus target price of $356.27.

Coinbase Global Stock Performance

Shares of Coinbase Global stock opened at $199.18 on Tuesday. The stock has a market cap of $53.71 billion, a price-to-earnings ratio of 17.23 and a beta of 3.70. Coinbase Global has a twelve month low of $142.58 and a twelve month high of $444.64. The company’s fifty day moving average is $245.86 and its 200 day moving average is $302.61. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37.

Coinbase Global (NASDAQ:COIN) last announced its earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 EPS for the quarter, topping the consensus estimate 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 business’s quarterly revenue was up 55.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.28 EPS. Sell-side analysts forecast that Coinbase Global will post 7.22 EPS for the current year.

Insiders Place Their Bets

In related news, COO Emilie Choi sold 100,000 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $310.88, for a total value of $31,088,000.00. Following the transaction, the chief operating officer directly owned 187,802 shares in the company, valued at $58,383,885.76. This trade represents a 34.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Brian Armstrong sold 40,000 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $271.87, for a total transaction of $10,874,800.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 820,587 shares of company stock worth $240,717,580. Corporate insiders own 16.56% of the company’s stock.

Institutional Investors Weigh In On Coinbase Global

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Integrated Wealth Concepts LLC boosted its stake 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 valued at $365,000 after purchasing an additional 413 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Coinbase Global by 25.8% during the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock valued at $1,478,000 after buying an additional 1,761 shares during the last quarter. Focus Partners Wealth grew its holdings in Coinbase Global by 9.9% during the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after buying an additional 467 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in Coinbase Global in the 2nd quarter valued at $285,000. Finally, HB Wealth Management LLC lifted its stake in Coinbase Global by 22.1% during the 2nd quarter. HB Wealth Management LLC now owns 2,690 shares of the cryptocurrency exchange’s stock valued at $943,000 after acquiring an additional 487 shares in the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Coinbase integrated Jupiter’s on‑chain execution layer to give users direct access to millions of Solana tokens, letting customers trade those tokens using existing Coinbase balances and self‑custody wallets—this broadens tradable inventory and on‑platform activity. Article Title
• Positive Sentiment: Coinbase launched regulated prediction markets nationwide via a Kalshi partnership, adding event‑based trading (sports, politics, macro) that could diversify fee revenue and increase user engagement ahead of high‑volume events like the Super Bowl. Article Title
• Positive Sentiment: Coinbase expanded an automated threat‑intelligence sharing integration with Crypto ISAC to speed detection and response to sophisticated cyber threats—this reduces operational risk and supports trust in custody/trading services. Article Title
• Positive Sentiment: Coinbase Ventures is a backer of Sats Terminal (a native Bitcoin app offering loans, yield and trading), signaling continued strategic VC support and ecosystem investment that could funnel product innovation and partner flow to Coinbase. Article Title
• Neutral Sentiment: Cantor Fitzgerald initiated coverage on COIN (fresh institutional attention can increase liquidity but doesn’t itself change fundamentals). Article Title
• Neutral Sentiment: Public commentary and analysis pieces weigh Coinbase’s evolving role as infrastructure/derivatives provider—useful context for long‑term thesis but mixed for near‑term price action. Article Title
• Negative Sentiment: Bitcoin plunged toward $81k, triggering about $1.7B in derivatives liquidations—such market drawdowns typically reduce Coinbase trading volumes and commission revenue, pressuring COIN near term. Article Title
• Negative Sentiment: TRM Labs reports record illicit crypto flows in 2025 and rising AI‑assisted scams—heightened illicit activity elevates regulatory and compliance risk for exchanges, a potential headwind for Coinbase. Article Title
• Negative Sentiment: Analysts and press show growing caution: Piper Sandler trimmed its price target and Forbes/other outlets highlight recent downgrades and a 7‑day slide—these signal investor nervousness and lower near‑term sentiment. Article Title
• Negative Sentiment: Regulatory friction: UK ad bans, a White House meeting over a crypto bill, and Coinbase pulling support for a Senate crypto bill increase policy uncertainty that could affect product offerings and revenue in key jurisdictions. Article Title

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.