Mizuho Cuts Coinbase Global (NASDAQ:COIN) Price Target to $170.00

Coinbase Global (NASDAQ:COIN) had its target price lowered by Mizuho from $280.00 to $170.00 in a research note published on Tuesday morning, MarketBeat.com reports. The firm currently has a neutral rating on the cryptocurrency exchange’s stock.

A number of other analysts have also recently commented on COIN. Piper Sandler reduced their price target on Coinbase Global from $270.00 to $150.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Rosenblatt Securities reduced their target price on shares of Coinbase Global from $325.00 to $240.00 and set a “buy” rating for the company in a report on Friday, February 13th. 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. China Renaissance dropped their price target on shares of Coinbase Global from $479.30 to $301.50 and set a “buy” rating for the company in a research report on Wednesday, January 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Coinbase Global in a research report on Friday, January 9th. Nineteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Coinbase Global presently has a consensus rating of “Moderate Buy” and an average target price of $282.82.

Coinbase Global Stock Performance

Shares of NASDAQ COIN opened at $165.94 on Tuesday. Coinbase Global has a 12-month low of $139.36 and a 12-month high of $444.64. The firm has a market capitalization of $44.74 billion, a price-to-earnings ratio of 37.80, a price-to-earnings-growth ratio of 2.36 and a beta of 3.70. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40. The firm has a 50 day moving average of $215.78 and a 200 day moving average of $279.38.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.17). Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The business had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the prior year, the business earned $4.68 EPS. The company’s revenue was down 21.6% compared to the same quarter last year. On average, research analysts anticipate that Coinbase Global will post 7.22 earnings per share for the current year.

Insider Transactions at Coinbase Global

In other Coinbase Global news, insider Paul Grewal sold 11,955 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $246.18, for a total value of $2,943,081.90. Following the sale, the insider owned 75,811 shares in the company, valued at $18,663,151.98. The trade was a 13.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Alesia J. Haas sold 364,600 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $154.95, for a total value of $56,494,770.00. Following the transaction, the chief financial officer owned 402,165 shares of the company’s stock, valued at approximately $62,315,466.75. The trade was a 47.55% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 574,395 shares of company stock valued at $110,451,160. 16.56% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Coinbase Global

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in COIN. Integrated Wealth Concepts LLC raised its holdings in shares of Coinbase Global by 24.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock worth $365,000 after acquiring an additional 413 shares in the last quarter. Empowered Funds LLC increased its position in Coinbase Global by 25.8% in the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock worth $1,478,000 after purchasing an additional 1,761 shares during the last quarter. Focus Partners Wealth increased its position in Coinbase Global by 9.9% in the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after purchasing an additional 467 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Coinbase Global during the second quarter valued at $285,000. Finally, Nordea Investment Management AB lifted its position in Coinbase Global by 16.3% during the second quarter. Nordea Investment Management AB now owns 17,491 shares of the cryptocurrency exchange’s stock valued at $6,179,000 after purchasing an additional 2,456 shares during the last quarter. 68.84% of the stock is owned by institutional investors.

Coinbase Global News Summary

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

• Positive Sentiment: Coinbase expanded its on‑chain loan product to accept XRP, DOGE, ADA and LTC as collateral and unlocked up to $100,000 in USDC borrowing for eligible users — a revenue‑accretive product expansion that increases customer engagement and non‑transactional fee income. Coinbase Integrates XRP, DOGE, ADA, LTC for Crypto Loans
• Positive Sentiment: Share buybacks and recent repurchases (roughly ~8M shares reported) are reducing dilution and supporting EPS; that buyback activity has helped fuel recent investor enthusiasm. Do Coinbase Stock Buybacks Make COIN a Good Buy Here?
• Positive Sentiment: Regulatory clarity hopes rose after CEO Brian Armstrong joined a CNBC discussion with Senator Bernie Moreno and comments that the CLARITY Act could pass soon — a potential catalyst for reduced regulatory overhang if legislation advances. US CLARITY Act to pass ‘hopefully by April’
• Positive Sentiment: Base (Coinbase’s L2) is transitioning to its own architecture to speed upgrades and reduce external dependencies — a technical improvement that could strengthen developer confidence and network activity over time. Coinbase’s Base transitions to its own architecture
• Neutral Sentiment: A KlariVis study found $78.3M net deposit outflows from 92 community banks to Coinbase — a signal of retail engagement and custody flows but also one that could attract regulatory scrutiny or political attention. Community banks see net deposit outflows to Coinbase: Study
• Neutral Sentiment: Rothschild & Co Redburn trimmed COIN’s price target from $403 to $288 but kept a buy rating — a mixed message: lower target reduces upside expectations, but the buy stance leaves upside on continued crypto recovery. Rothschild target cut to $288
• Negative Sentiment: Multiple analyst downgrades and price‑target cuts (Zacks added COIN to its Strong Sell list; at least one analyst warns of a ~27% downside) are weighing on sentiment and could pressure the stock. COIN Stock Warning: Why 1 Analyst Is Warning Coinbase Will Fall 27% from Here
• Negative Sentiment: Coinbase’s Feb. earnings missed revenue and EPS estimates and trading revenue remains softer year‑over‑year — fundamentals that keep valuation scrutiny high and cap near‑term upside. Coinbase valuation check after earnings miss
• Negative Sentiment: A Base‑ecosystem exploit (Moonwell mispriced cbETH) highlights smart‑contract/oracle risks on networks tied to Coinbase products — a reminder of operational and reputation risk for on‑chain services. Moonwell hit by $1.78M exploit

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.