Coinbase Global (NASDAQ:COIN) Price Target Lowered to $300.00 at Canaccord Genuity Group

Coinbase Global (NASDAQ:COIN) had its price target reduced by Canaccord Genuity Group from $400.00 to $300.00 in a report published on Friday morning, MarketBeat.com reports. They currently have a buy rating on the cryptocurrency exchange’s stock.

Other equities research analysts have also recently issued research reports about the stock. Rothschild & Co Redburn reduced their target price on shares of Coinbase Global from $404.00 to $403.00 and set a “buy” rating for the company in a research note on Friday, January 16th. Barclays decreased their price objective on Coinbase Global from $291.00 to $258.00 and set an “equal weight” rating on the stock in a report on Thursday, January 8th. Cantor Fitzgerald cut their target price on Coinbase Global from $277.00 to $221.00 and set an “overweight” rating for the company in a research note on Monday, February 9th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $440.00 target price on shares of Coinbase Global in a research report on Tuesday, January 6th. Finally, Bank of America raised shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price target on the stock in a report on Thursday, January 8th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $291.85.

Coinbase Global Trading Up 16.5%

Shares of Coinbase Global stock opened at $164.32 on Friday. Coinbase Global has a 1 year low of $139.36 and a 1 year high of $444.64. The company’s fifty day simple moving average is $224.49 and its 200-day simple moving average is $284.81. The company has a market cap of $44.31 billion, a price-to-earnings ratio of 37.43 and a beta of 3.70. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.37.

Coinbase Global (NASDAQ:COIN) last released its earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.17). The company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 9.01%. Coinbase Global’s revenue for the quarter was down 21.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.68 earnings per share. As a group, sell-side analysts expect that Coinbase Global will post 7.22 EPS for the current year.

Insider Buying and Selling

In other Coinbase Global news, CEO Brian Armstrong sold 40,000 shares of Coinbase Global stock in a transaction on Monday, November 17th. The stock was sold at an average price of $271.87, for a total transaction of $10,874,800.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Lawrence J. Brock sold 5,902 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $250.58, for a total transaction of $1,478,923.16. Following the completion of the sale, the insider owned 497 shares in the company, valued at $124,538.26. This represents a 92.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 672,498 shares of company stock valued at $137,109,701. 16.56% of the stock is owned by insiders.

Institutional Trading of Coinbase Global

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Coinbase Global by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 26,400,836 shares of the cryptocurrency exchange’s stock worth $5,970,285,000 after acquiring an additional 184,043 shares in the last quarter. Geode Capital Management LLC raised its position in Coinbase Global by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 6,098,062 shares of the cryptocurrency exchange’s stock valued at $1,374,080,000 after purchasing an additional 189,080 shares during the last quarter. Norges Bank bought a new position in Coinbase Global in the 2nd quarter valued at $1,044,354,000. ARK Investment Management LLC boosted its stake in Coinbase Global by 6.1% in the fourth quarter. ARK Investment Management LLC now owns 2,541,928 shares of the cryptocurrency exchange’s stock worth $574,832,000 after purchasing an additional 146,388 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Coinbase Global by 5.9% during the third quarter. Northern Trust Corp now owns 1,959,871 shares of the cryptocurrency exchange’s stock worth $661,437,000 after purchasing an additional 108,751 shares during the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Short‑term buying momentum: traders are buying the post‑earnings drop and the stock has bounced off prior support levels, leading to a sharp intraday rebound even after the Q4 miss. Read More.
• Positive Sentiment: Operational and product positives: Coinbase highlights doubling crypto trading market share in 2025, subscription strength and new initiatives (Agentic/AI wallets) that diversify revenue and address longer‑term growth. Read More.
• Neutral Sentiment: Analyst reaction is mixed: many firms cut price targets and trimmed estimates (wide dispersion of PTs), leaving both upside and downside scenarios for investors to weigh. Read More.
• Neutral Sentiment: Short‑interest data in some feeds shows 0 shares (days‑to‑cover 0.0) — the reporting appears unreliable and provides no clear short‑squeeze signal.
• Negative Sentiment: Q4 miss and first quarterly loss in two years: Coinbase reported a $667M net loss, revenue down ~21% Y/Y and EPS below estimates — the core trading business remains sensitive to crypto price moves. Read More.
• Negative Sentiment: Insider selling raises governance/sentiment concerns: reporting shows large stock sales by CEO Brian Armstrong (reported ~$550M) and a CFO sale (~$56M), which can weigh on investor confidence. Read More. Read More.
• Negative Sentiment: Operational hiccup: a brief platform outage affected buy/sell/transfer functionality around the earnings release, spotlighting execution risk. Read More.

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.