Coinbase Global (NASDAQ:COIN) Earns Overweight Rating from Analysts at Cantor Fitzgerald

Cantor Fitzgerald assumed coverage on shares of Coinbase Global (NASDAQ:COIN) in a report published on Tuesday, Marketbeat Ratings reports. The brokerage issued an overweight rating and a $277.00 price target on the cryptocurrency exchange’s stock.

Several other research firms also recently issued reports on COIN. Deutsche Bank Aktiengesellschaft started coverage on shares of Coinbase Global in a report on Wednesday, December 17th. They set a “buy” rating and a $340.00 price objective on the stock. President Capital lifted their price objective on Coinbase Global from $401.00 to $472.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Rothschild & Co Redburn cut their price objective on Coinbase Global from $404.00 to $403.00 and set a “buy” rating for the company in a research note on Friday, January 16th. The Goldman Sachs Group raised their target price on Coinbase Global from $303.00 to $310.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Coinbase Global in a research report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $356.27.

Coinbase Global Stock Down 4.9%

Coinbase Global stock opened at $199.18 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40. The stock has a market capitalization of $53.71 billion, a PE ratio of 17.23 and a beta of 3.70. The business has a 50 day simple moving average of $245.86 and a 200-day simple moving average of $302.61. Coinbase Global has a 12 month low of $142.58 and a 12 month high of $444.64.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.40. The firm had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The firm’s revenue for the quarter was up 55.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.28 EPS. On average, analysts anticipate that Coinbase Global will post 7.22 EPS for the current fiscal year.

Insiders Place Their Bets

In other Coinbase Global news, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $271.87, for a total value 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, COO Emilie Choi sold 100,000 shares of Coinbase Global 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 owned 187,802 shares in the company, valued at approximately $58,383,885.76. This represents a 34.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 820,587 shares of company stock valued at $240,717,580. Insiders own 16.56% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Coinbase Global by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 26,400,836 shares of the cryptocurrency exchange’s stock valued at $5,970,285,000 after buying an additional 184,043 shares during the period. Geode Capital Management LLC increased its stake in Coinbase Global by 46.1% during the second quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock worth $1,940,805,000 after acquiring an additional 1,755,146 shares during the last quarter. Norges Bank purchased a new stake in Coinbase Global in the second quarter valued at $1,044,354,000. Northern Trust Corp lifted its stake in shares of 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 purchasing an additional 108,751 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Coinbase Global by 53.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,455,916 shares of the cryptocurrency exchange’s stock worth $510,284,000 after purchasing an additional 504,068 shares during the period. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Coinbase Global News Summary

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

• Positive Sentiment: Expanded on‑chain Solana access by integrating Jupiter, letting users trade millions of Solana tokens directly using Coinbase balances and self‑custodial wallets — broadens token supply and user choice on Coinbase markets. Coinbase Integrates Jupiter Exchange for Direct Access to Millions of Solana Tokens
• Positive Sentiment: Launched regulated prediction markets nationwide (via Kalshi), opening a new product line for event‑based trading that could diversify fee revenue ahead of high‑volume events like the Super Bowl. Coinbase launches prediction markets in all 50 US states via Kalshi
• Positive Sentiment: Expanded automated threat‑intelligence sharing with Crypto ISAC to strengthen security and reduce operational risk — important for preserving user trust and preventing costly breaches. Coinbase Expands Automated Threat Intelligence Sharing with Crypto ISAC
• Positive Sentiment: Testing “Coinbase Custom Stablecoins” (backend trials with USDF) could open B2B revenue and custody flows if rolled out at scale. Coinbase moves closer toward rolling out ‘custom stablecoins’
• Neutral Sentiment: Cantor Fitzgerald initiated coverage and BTIG reiterated a buy — supportive institutional interest, but with mixed analyst positioning across the street. BTIG Sticks to Its Buy Rating for Coinbase Global (COIN)
• Neutral Sentiment: Piper Sandler kept a Neutral rating and trimmed its price target, reflecting cautious near‑term expectations ahead of earnings. Piper Sandler Retains a Neutral Rating on Coinbase Global, Inc. (COIN)
• Negative Sentiment: UK ad watchdog has expanded bans on Coinbase ads for “trivializing” crypto risks — a reputational hit and potential constraint on European marketing. UK bans Coinbase ads that ‘trivialized’ crypto risks
• Negative Sentiment: Regulatory and political friction: Coinbase pulled support for a Senate crypto bill, was summoned to White House talks about the bill, and is participating in political spending (crypto Super PAC contributions) — all increase policy uncertainty and investor caution. How The Second Trump Administration Is Changing Crypto—For Good
• Negative Sentiment: Macro/market headwinds: analysts note chart weakness (death cross) and Deribit highlights options flow keeping Bitcoin rangebound near ~$90k — weaker BTC action can reduce Coinbase trading volumes and fees. Coinbase’s Chart Flashes Death Cross As Bitcoin Falls Amid Crypto Winter Fears

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.