Coinbase Global (NASDAQ:COIN) Given New $235.00 Price Target at The Goldman Sachs Group

Coinbase Global (NASDAQ:COIN) had its price objective cut by investment analysts at The Goldman Sachs Group from $270.00 to $235.00 in a report issued on Thursday,MarketScreener reports. The brokerage presently has a “buy” rating on the cryptocurrency exchange’s stock. The Goldman Sachs Group’s target price would indicate a potential upside of 33.88% from the stock’s current price.

Several other brokerages also recently issued reports on COIN. Citigroup lowered their price objective on shares of Coinbase Global from $505.00 to $400.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Needham & Company LLC reduced their target price on shares of Coinbase Global from $290.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Canaccord Genuity Group lowered their target price on Coinbase Global from $400.00 to $300.00 and set a “buy” rating for the company in a report on Friday, February 13th. UBS Group set a $264.00 price target on Coinbase Global in a research note on Friday, February 13th. Finally, Zacks Research lowered Coinbase Global from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Coinbase Global has an average rating of “Hold” and a consensus target price of $271.14.

Coinbase Global Price Performance

Shares of COIN opened at $175.53 on Thursday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. The stock has a 50 day simple moving average of $190.34 and a 200 day simple moving average of $259.13. Coinbase Global has a 52-week low of $139.36 and a 52-week high of $444.64. The firm has a market capitalization of $46.35 billion, a PE ratio of 39.98, a P/E/G ratio of 3.13 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last announced its earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS 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 company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter last year, the business posted $4.68 earnings per share. The business’s quarterly revenue was down 21.6% on a year-over-year basis. Sell-side analysts predict that Coinbase Global will post 7.22 EPS for the current fiscal year.

Insider Activity at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 364,600 shares of Coinbase Global stock in a transaction on 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 sale, the chief financial officer directly owned 402,165 shares in the company, valued at approximately $62,315,466.75. The trade was a 47.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frederick Ernest Ehrsam III sold 2,750 shares of the business’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $260.09, for a total transaction of $715,247.50. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 438,120 shares of company stock valued at $73,878,750. Corporate insiders own 16.56% of the company’s stock.

Institutional Trading of Coinbase Global

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Coinbase Global by 8.3% during the third quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock worth $8,847,905,000 after purchasing an additional 2,007,930 shares during the period. AEGON ASSET MANAGEMENT UK Plc bought a new stake in Coinbase Global in the third quarter valued at approximately $14,491,000. FengHe Fund Management Pte. Ltd. raised its stake in Coinbase Global by 119.1% in the third quarter. FengHe Fund Management Pte. Ltd. now owns 69,900 shares of the cryptocurrency exchange’s stock valued at $23,591,000 after buying an additional 38,000 shares during the period. Liontrust Investment Partners LLP lifted its position in shares of Coinbase Global by 73.1% in the second quarter. Liontrust Investment Partners LLP now owns 83,058 shares of the cryptocurrency exchange’s stock valued at $29,111,000 after buying an additional 35,068 shares during the last quarter. Finally, Artisan Partners Limited Partnership acquired a new stake in shares of Coinbase Global in the third quarter valued at approximately $224,663,000. Institutional investors own 68.84% of the company’s stock.

Coinbase Global News Summary

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

• Positive Sentiment: Partnership to enable token‑backed mortgages with Better Home & Finance — Coinbase will power Bitcoin and USDC pledges as collateral for conforming mortgages (Fannie Mae‑backed), expanding on‑ramps for crypto into mainstream finance and demonstrating commercial use cases beyond trading. Crypto for a home? Coinbase brings token-backed down payments to housing market
• Positive Sentiment: Chainlink integration streams Coinbase institutional exchange and derivatives data on‑chain — improves distribution of Coinbase Market Data to DeFi and institutional users, supporting new revenue/market‑infrastructure opportunities. Coinbase and Chainlink Bring Exchange Data Onchain
• Positive Sentiment: Coinbase Ventures participated in funding rounds (XFX, Tazapay) — continued venture activity shows the firm is investing in payments and stablecoin infrastructure, which can create strategic upside for Coinbase’s custody/trading services. XFX raises $17M (Coinbase Ventures participation)
• Neutral Sentiment: Stand With Crypto (Coinbase‑backed) unveils 2026 midterm plan — political mobilization could help Coinbase’s regulatory goals over time but has uncertain short‑term market impact. Coinbase‑backed crypto advocacy group unveils 2026 election plan
• Neutral Sentiment: Talent flow: X hires former Base design lead — minor signal of industry hiring and talent mobility, not directly material to Coinbase fundamentals. X Hires Coinbase Vet Ahead of X Money Launch
• Neutral Sentiment: Police transfer of 500 BTC to Coinbase — a notable on‑chain inflow ( ~$35M ) but likely one‑off and immaterial to Coinbase’s financials. Irish police open Bitcoin wallet years after keys were apparently lost
• Negative Sentiment: Regulatory risk: Coinbase opposes latest CLARITY Act stablecoin yield language — the company told Senate offices it cannot back revised bill text that would restrict how exchanges distribute stablecoin yields; that dispute and investor fear the bill could ban or constrain stablecoin rewards have driven recent selling pressure. Coinbase opposes latest crypto bill stablecoin compromise
• Negative Sentiment: Market reaction: reports of a CLARITY Act compromise that limits stablecoin yields triggered steep declines in Coinbase and Circle shares last week — investors fear reduced fee/revenue models for exchanges that distribute yield. Coinbase, Circle Stocks Slide After Senate Draft Targets Stablecoin Yield

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.