Coinbase Global (NASDAQ:COIN) Price Target Cut to $140.00 by Analysts at Compass Point

Coinbase Global (NASDAQ:COIN) had its price objective decreased by Compass Point from $190.00 to $140.00 in a research note released on Friday,MarketScreener reports. Compass Point currently has a sell rating on the cryptocurrency exchange’s stock.

COIN has been the topic of a number of other reports. JPMorgan Chase & Co. reduced their target price on shares of Coinbase Global from $399.00 to $290.00 and set an “overweight” rating on the stock in a report on Tuesday, February 10th. Citigroup dropped their price target on Coinbase Global from $505.00 to $400.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Rosenblatt Securities reduced their price objective on Coinbase Global from $325.00 to $240.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Bank of America raised Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price objective for the company in a research note on Thursday, January 8th. Finally, B. Riley Financial lifted their target price on Coinbase Global from $185.00 to $243.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. Nineteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $281.15.

Coinbase Global Stock Up 3.3%

Shares of COIN opened at $171.35 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. The stock has a market capitalization of $46.20 billion, a price-to-earnings ratio of 39.03, a price-to-earnings-growth ratio of 2.54 and a beta of 3.70. Coinbase Global has a 1 year low of $139.36 and a 1 year high of $444.64. The business’s 50 day simple moving average is $213.86 and its 200-day simple moving average is $278.36.

Coinbase Global (NASDAQ:COIN) last posted its earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). The business had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. The company’s revenue for the quarter was down 21.6% compared to the same quarter last year. During the same period last year, the business posted $4.68 earnings per share. As a group, equities analysts expect that Coinbase Global will post 7.22 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $250.27, for a total value of $344,121.25. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Alesia J. Haas sold 364,600 shares of Coinbase Global stock in a transaction on Friday, February 6th. The stock was sold at an average price of $154.95, for a total value of $56,494,770.00. Following the sale, the chief financial officer owned 402,165 shares of the company’s stock, valued at approximately $62,315,466.75. This trade represents a 47.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 574,395 shares of company stock valued at $110,451,160. Insiders own 16.56% of the company’s stock.

Institutional Inflows and Outflows

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

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Signs of meaningful progress on U.S. crypto regulation (White House meetings and talks on the CLARITY Act) reduce policy uncertainty for Coinbase and its institutional roadmap. White House Talks Over Stalled Crypto Bill Drag on. It Matters for Coinbase.
• Positive Sentiment: Public optimism from allies and Coinbase CEO participation at high‑profile forums (Brian Armstrong with Senator Bernie Moreno) reinforces hopes the CLARITY Act could pass, which would be structurally positive for COIN. US CLARITY Act to pass ‘hopefully by April’: Senator Bernie Moreno
• Positive Sentiment: Product monetization: Coinbase expanded on‑chain loans to accept XRP, DOGE, ADA and LTC as collateral and increased borrowing capacity — a revenue diversification signal and a way to capture more user wallet activity. Coinbase Integrates XRP, DOGE, ADA, LTC for Crypto Loans
• Positive Sentiment: Prediction markets are gaining traction on Coinbase (leadership says the sector outgrew expectations), signaling new product engagement and potential fee streams. EXCLUSIVE: Coinbase Prediction Markets Leader Says He ‘Underpredicted’ How Big The Sector Would Get
• Neutral Sentiment: Study shows community banks experienced net deposit outflows to Coinbase, highlighting customer adoption but also raising questions about banking relationships and regulatory attention. Community banks see net deposit outflows to Coinbase: Study
• Neutral Sentiment: Analyses and commentary about share buybacks are active — buybacks can support the stock but depend on the board’s pace and available cash. Do Coinbase Stock Buybacks Make COIN a Good Buy Here?
• Negative Sentiment: Multiple analyst downgrades and price‑target cuts (Compass Point, Zacks, others) increase selling pressure and highlight concerns about revenue softness and valuation. Compass Point Adjusts Coinbase Global Price Target to $140
• Negative Sentiment: User complaints over delayed/missing Super Bowl promotion payouts raise short‑term trust and customer‑service concerns that could dent user sentiment. Coinbase Super Bowl Payout Complaints Test Trust And Valuation Story
• Neutral Sentiment: Short‑interest reports in the feed show anomalous “0 shares / NaN” figures and do not provide meaningful evidence of a large short squeeze dynamic at present.

About Coinbase Global

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.