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

Coinbase Global (NASDAQ:COIN) had its price objective decreased by stock analysts at Canaccord Genuity Group from $400.00 to $300.00 in a note issued to investors on Friday, MarketBeat reports. The firm currently has a “buy” rating on the cryptocurrency exchange’s stock. Canaccord Genuity Group’s target price would suggest a potential upside of 82.57% from the company’s current price.

Other equities analysts have also issued reports about the stock. Oppenheimer reduced their price target on shares of Coinbase Global from $381.00 to $370.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. Piper Sandler reduced their target price on shares of Coinbase Global from $350.00 to $270.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. Mizuho set a $280.00 target price on shares of Coinbase Global in a research report on Tuesday, December 16th. Needham & Company LLC cut their price target on Coinbase Global from $400.00 to $290.00 and set a “buy” rating on the stock in a research report on Monday, December 29th. Finally, Argus reiterated a “hold” rating on shares of Coinbase Global in a research note on Tuesday, November 25th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $291.85.

Coinbase Global Stock Performance

Shares of COIN opened at $164.32 on Friday. 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 stock has a 50-day moving average of $224.49 and a two-hundred day moving average of $284.20. The stock has a market cap of $44.31 billion, a P/E ratio of 37.43 and a beta of 3.70. Coinbase Global has a one year low of $139.36 and a one year high of $444.64.

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

Insider Transactions at Coinbase Global

In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $250.27, for a total value of $344,121.25. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $248.96, for a total value of $9,958,400.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 672,498 shares of company stock valued at $137,109,701 in the last ninety days. 16.56% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Coinbase Global

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Evelyn Partners Investment Management Europe Ltd grew its position in shares of Coinbase Global by 92.3% in the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after purchasing an additional 36 shares during the period. REAP Financial Group LLC purchased a new position in Coinbase Global in the 3rd quarter valued at about $25,000. Palisade Asset Management LLC acquired a new stake in Coinbase Global in the 3rd quarter worth about $29,000. Cullen Frost Bankers Inc. purchased a new stake in Coinbase Global during the 2nd quarter worth approximately $30,000. Finally, Salomon & Ludwin LLC raised its holdings in shares of Coinbase Global by 4,400.0% during the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock valued at $30,000 after acquiring an additional 88 shares during the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Key Headlines Impacting 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.