Coinbase Global (NASDAQ:COIN) Price Target Lowered to $267.00 at Benchmark

Coinbase Global (NASDAQ:COIN) had its price target decreased by Benchmark from $421.00 to $267.00 in a research report released on Friday morning,Benzinga reports. Benchmark currently has a buy rating on the cryptocurrency exchange’s stock.

Several other analysts also recently commented on the stock. Bank of America raised shares of Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 target price for the company in a report on Thursday, January 8th. Monness Crespi & Hardt cut Coinbase Global from a “buy” rating to a “neutral” rating and set a $120.00 price objective for the company. in a report on Thursday. JPMorgan Chase & Co. lowered their target price on Coinbase Global from $399.00 to $290.00 and set an “overweight” rating on the stock in a research note on Tuesday. UBS Group set a $340.00 price target on Coinbase Global in a report on Wednesday, December 17th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $440.00 price objective on shares of Coinbase Global in a report on Tuesday, January 6th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Coinbase Global has a consensus rating of “Moderate Buy” and an average price target of $291.85.

Coinbase Global Stock Up 16.5%

COIN stock opened at $164.32 on Friday. 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 $224.49 and its 200 day simple moving average is $284.81. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $44.31 billion, a PE ratio of 37.43 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). Coinbase Global had a return on equity of 9.01% and a net margin of 17.55%.The company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same period last year, the firm 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 anticipate that Coinbase Global will post 7.22 EPS for the current year.

Insider Buying and Selling

In other Coinbase Global news, insider Paul Grewal sold 11,955 shares of Coinbase Global stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $246.18, for a total value of $2,943,081.90. Following the completion of the transaction, the insider directly owned 75,811 shares of the company’s stock, valued at $18,663,151.98. The trade was a 13.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lawrence J. Brock sold 5,902 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $250.58, for a total value of $1,478,923.16. Following the sale, the insider owned 497 shares of the company’s stock, valued at approximately $124,538.26. The trade was a 92.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 672,498 shares of company stock worth $137,109,701 in the last quarter. Insiders own 16.56% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Coinbase Global by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 26,400,836 shares of the cryptocurrency exchange’s stock valued at $5,970,285,000 after acquiring an additional 184,043 shares during the last quarter. Geode Capital Management LLC lifted its stake in Coinbase Global by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 6,098,062 shares of the cryptocurrency exchange’s stock worth $1,374,080,000 after purchasing an additional 189,080 shares during the last quarter. Norges Bank acquired a new stake in shares of Coinbase Global in the 2nd quarter valued at $1,044,354,000. ARK Investment Management LLC increased its stake in shares of Coinbase Global by 6.1% in the 4th quarter. ARK Investment Management LLC now owns 2,541,928 shares of the cryptocurrency exchange’s stock valued at $574,832,000 after purchasing an additional 146,388 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Coinbase Global by 5.9% during the 3rd quarter. Northern Trust Corp now owns 1,959,871 shares of the cryptocurrency exchange’s stock worth $661,437,000 after buying an additional 108,751 shares in the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Coinbase Global News Roundup

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.

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.