Piper Sandler Issues Pessimistic Forecast for Coinbase Global (NASDAQ:COIN) Stock Price

Coinbase Global (NASDAQ:COIN) had its price target lowered by investment analysts at Piper Sandler from $270.00 to $150.00 in a research report issued to clients and investors on Friday, MarketBeat.com reports. The brokerage presently has a “neutral” rating on the cryptocurrency exchange’s stock. Piper Sandler’s target price would suggest a potential downside of 8.71% from the stock’s previous close.

Several other research analysts have also recently weighed in on COIN. Needham & Company LLC lowered their target price on Coinbase Global from $290.00 to $230.00 and set a “buy” rating on the stock in a report on Friday. Rothschild & Co Redburn lowered their price objective on Coinbase Global from $404.00 to $403.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Rosenblatt Securities dropped their target price on Coinbase Global from $325.00 to $240.00 and set a “buy” rating for the company in a report on Friday. Cantor Fitzgerald reduced their price target on Coinbase Global from $277.00 to $221.00 and set an “overweight” rating on the stock in a report on Monday, February 9th. Finally, Robert W. Baird set a $240.00 price objective on shares of Coinbase Global and gave the company a “neutral” rating in a report on Tuesday, January 27th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $291.85.

Coinbase Global Trading Up 16.5%

Shares of COIN stock opened at $164.32 on Friday. The stock’s fifty day moving average is $224.49 and its two-hundred day moving average is $284.20. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. The firm has a market capitalization of $44.31 billion, a P/E ratio of 37.43 and a beta of 3.70. Coinbase Global has a fifty-two week low of $139.36 and a fifty-two week high of $444.64.

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

Insider Activity at Coinbase Global

In other Coinbase Global news, insider Lawrence J. Brock sold 5,902 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $250.58, for a total transaction of $1,478,923.16. Following the transaction, the insider directly owned 497 shares in the company, valued at $124,538.26. This represents a 92.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brian Armstrong sold 40,000 shares of Coinbase Global stock in a transaction on Monday, November 17th. The shares were sold at an average price of $271.87, for a total value of $10,874,800.00. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 672,498 shares of company stock worth $137,109,701. Company insiders own 16.56% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Coinbase Global by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 26,400,836 shares of the cryptocurrency exchange’s stock worth $5,970,285,000 after purchasing an additional 184,043 shares during the period. Geode Capital Management LLC grew its holdings in shares of Coinbase Global by 3.2% in the fourth 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 in the last quarter. Norges Bank purchased a new stake in Coinbase Global during the 2nd quarter worth approximately $1,044,354,000. ARK Investment Management LLC lifted its holdings in Coinbase Global by 6.1% during the 4th quarter. ARK Investment Management LLC now owns 2,541,928 shares of the cryptocurrency exchange’s stock worth $574,832,000 after buying an additional 146,388 shares in the last quarter. Finally, Northern Trust Corp boosted its position in Coinbase Global by 5.9% in the 3rd quarter. Northern Trust Corp now owns 1,959,871 shares of the cryptocurrency exchange’s stock valued at $661,437,000 after buying an additional 108,751 shares during the period. 68.84% of the stock is currently owned by hedge funds and other institutional investors.

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.