Coinbase Global (NASDAQ:COIN) Announces Quarterly Earnings Results, Misses Estimates By $0.17 EPS

Coinbase Global, Inc. (NASDAQ:COIN) released its quarterly earnings data on Thursday. The cryptocurrency exchange reported $0.66 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.17), FiscalAI reports. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.86 billion.

Coinbase Global Price Performance

COIN stock traded down $12.11 during midday trading on Thursday, reaching $141.09. The company had a trading volume of 19,758,913 shares, compared to its average volume of 11,352,562. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40. Coinbase Global, Inc. has a 1 year low of $139.36 and a 1 year high of $444.64. The company has a market capitalization of $38.04 billion, a P/E ratio of 12.21 and a beta of 3.70. The firm has a 50-day moving average price of $229.25 and a 200-day moving average price of $287.32.

Key Coinbase Global News

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

• Positive Sentiment: Product innovation — Coinbase launched Agentic (AI) wallets that let autonomous agents hold and trade crypto; this expands product breadth and opens new revenue/ developer use cases. Cointelegraph: AI wallets
• Positive Sentiment: Distribution/market‑share tailwinds — Coinbase says it doubled trading volume and crypto trading‑volume market share in 2025 and BusinessWire highlighted the firm delivered on its Q4 outlook; that could support recovery if crypto volumes normalize. BusinessWire: shareholder letter
• Positive Sentiment: Product distribution — Interactive Brokers added Coinbase derivatives products to its offering, widening access to Coinbase’s derivatives business and potential fee revenue. FinancialPost: Interactive Brokers
• Neutral Sentiment: Platform changes and marketing — Coinbase is refocusing Base App toward trading (sunsetting some creator features) and ran a high‑profile Super Bowl ad; these move the product mix but have mixed near‑term impact on revenues. Blockonomi: Base App pivot
• Neutral Sentiment: Market positioning ahead of earnings — Options markets priced in a sizable post‑earnings swing and analysts were actively revising forecasts; this raises short‑term volatility but not a directional certainty. TipRanks: options move
• Negative Sentiment: Earnings and revenue miss — Q4 results showed a swing to a loss, EPS of $0.66 vs. $0.83 expected, and revenue of $1.78B vs. ~$1.86B consensus; the print undercut near‑term earnings expectations. WSJ: Q4 loss
• Negative Sentiment: Service outage — A brief disruption left some customers unable to buy/sell/transfer ahead of earnings, raising operational and reputational concerns. MarketWatch: outage
• Negative Sentiment: Analyst cuts and downgrades — JPMorgan cut its price target sharply (from $399 to $290) and other shops trimmed targets or ratings ahead of the report, weighing on sentiment. Blockonomi: JPMorgan PT cut
• Negative Sentiment: Insider selling — CFO Alesia Haas disclosed a large sale (364,600 shares) and reporting surfaced of significant founder/CEO sales, which can amplify investor caution. SEC filing: Haas sale
• Negative Sentiment: Crypto market weakness & regulatory risk — Bitcoin volatility/weakness reduces fee revenue potential and ongoing regulatory/political frictions (Clarity Act debates, enforcement scrutiny) add structural risk priced into COIN. Cointelegraph: BTC volatility

Insider Activity

In other news, CEO Brian Armstrong sold 40,000 shares of Coinbase Global stock in a transaction on Monday, January 5th. The shares were sold at an average price of $248.96, for a total transaction of $9,958,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $250.27, for a total transaction of $344,121.25. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 672,498 shares of company stock worth $137,109,701. 16.56% of the stock is currently owned by corporate insiders.

Institutional Trading of Coinbase Global

Several hedge funds and other institutional investors have recently bought and sold shares of COIN. Palisade Asset Management LLC bought a new position in Coinbase Global during the third quarter valued at approximately $29,000. JPL Wealth Management LLC purchased a new stake in shares of Coinbase Global in the 3rd quarter valued at $49,000. AlphaCentric Advisors LLC bought a new position in shares of Coinbase Global during the 4th quarter valued at $58,000. Wiser Advisor Group LLC bought a new position in shares of Coinbase Global during the 3rd quarter valued at $65,000. Finally, IFC & Insurance Marketing Inc. purchased a new position in Coinbase Global in the 4th quarter worth $152,000. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on COIN shares. Citigroup decreased their price objective on Coinbase Global from $505.00 to $400.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. The Goldman Sachs Group lifted their target price on Coinbase Global from $303.00 to $310.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. China Renaissance decreased their price target on Coinbase Global from $479.30 to $301.50 and set a “buy” rating on the stock in a research report on Wednesday, January 14th. HC Wainwright cut their price objective on shares of Coinbase Global from $425.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Coinbase Global from $399.00 to $290.00 and set an “overweight” rating for the company in a research note on Tuesday. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $331.58.

Coinbase Global Company Profile

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.