China Renaissance Cuts Coinbase Global (NASDAQ:COIN) Price Target to $223.20

Coinbase Global (NASDAQ:COIN) had its price target cut by China Renaissance from $301.50 to $223.20 in a report issued on Monday,MarketScreener reports. They currently have a buy rating on the cryptocurrency exchange’s stock.

A number of other equities analysts also recently issued reports on the company. BTIG Research decreased their price objective on Coinbase Global from $340.00 to $280.00 and set a “buy” rating for the company in a report on Friday, February 13th. UBS Group set a $264.00 target price on shares of Coinbase Global in a research report on Friday, February 13th. Benchmark lowered their price target on shares of Coinbase Global from $421.00 to $267.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Zacks Research lowered shares of Coinbase Global from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th. Finally, Barclays decreased their target price on shares of Coinbase Global from $258.00 to $148.00 and set an “equal weight” rating for the company in a research note on Friday, February 13th. Nineteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $278.54.

Coinbase Global Stock Performance

Shares of COIN opened at $183.94 on Monday. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. Coinbase Global has a one year low of $139.36 and a one year high of $444.64. The company has a 50-day simple moving average of $209.04 and a two-hundred day simple moving average of $275.30. The firm has a market capitalization of $48.57 billion, a PE ratio of 41.90, a price-to-earnings-growth ratio of 2.33 and a beta of 3.70.

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 firm had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.86 billion. Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The firm’s revenue was down 21.6% on a year-over-year basis. During the same quarter last year, the company posted $4.68 EPS. On average, analysts anticipate that Coinbase Global will post 7.22 EPS for the current fiscal year.

Insider Activity at Coinbase Global

In related news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were 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 Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $248.96, for a total value of $9,958,400.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 513,775 shares of company stock valued at $95,046,092 over the last 90 days. Corporate insiders own 16.56% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

A number of hedge funds have recently bought and sold shares of COIN. Kera Capital Partners Inc. boosted its holdings in shares of Coinbase Global by 6.3% during the 4th quarter. Kera Capital Partners Inc. now owns 41,644 shares of the cryptocurrency exchange’s stock valued at $9,417,000 after acquiring an additional 2,477 shares during the last quarter. MV Capital Management Inc. bought a new position in Coinbase Global during the fourth quarter valued at approximately $27,000. Sunbelt Securities Inc. lifted its position in Coinbase Global by 123.9% during the fourth quarter. Sunbelt Securities Inc. now owns 806 shares of the cryptocurrency exchange’s stock valued at $182,000 after purchasing an additional 446 shares during the period. Axxcess Wealth Management LLC boosted its holdings in Coinbase Global by 34.5% in the fourth quarter. Axxcess Wealth Management LLC now owns 6,772 shares of the cryptocurrency exchange’s stock worth $1,531,000 after purchasing an additional 1,738 shares during the last quarter. Finally, Corient Private Wealth LLC grew its position in Coinbase Global by 28.6% in the 4th quarter. Corient Private Wealth LLC now owns 18,824 shares of the cryptocurrency exchange’s stock worth $4,257,000 after purchasing an additional 4,181 shares during the period. Hedge funds and other institutional investors own 68.84% of the company’s stock.

More Coinbase Global News

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

• Positive Sentiment: Major product launch — Coinbase opened U.S. stock and ETF trading (24 hours a day, five days a week), with 6k–8k+ securities, fractional shares, instant funding and USD/USDC rails. This broadens revenue opportunities, increases user engagement, and positions COIN to compete with retail brokers. Read More.
• Positive Sentiment: “Everything Exchange” narrative reinforced — multiple outlets frame the stock trading rollout as a game‑changer that expands Coinbase from crypto-only into multi-asset retail execution and custody, a strategic pivot that could lift lifetime value per user and diversify fee streams. Read More.
• Positive Sentiment: Stablecoin revenue upside — Bloomberg Intelligence estimates Coinbase’s USDC-related revenue could rise materially (2x–7x) if USDC adoption in payments accelerates, highlighting a high‑margin revenue line beyond trading fees. That expansion thesis supports longer-term earnings upside. Read More.
• Positive Sentiment: Crypto market tailwinds — a fresh leg higher in Bitcoin improved sentiment and helped COIN shares; positive crypto price action typically boosts exchange volumes and fee revenue. Read More.
• Neutral Sentiment: Market structure & trading playbook — Coinbase published BTC price-level guidance (key zones near $60k and $82k) that traders will use to time activity; useful for forecasting future volume but not an immediate revenue driver. Read More.
• Neutral Sentiment: Coinbase Credit activity — the exchange is extending institutional-style services (example: $30M facility to Smarter Web), showing product depth but limited near-term P&L impact relative to trading revenues. Read More.
• Negative Sentiment: Analyst pushback / price-target cut — China Renaissance lowered COIN’s price target to $223.20, signaling continued analyst caution and reminding investors that multiple quarters of muted trading volumes and profit variability still pose valuation risk. Read More.
• Neutral Sentiment: Mixed market signals — a short-interest update in late February contained anomalous zero values and is not currently a clear headwind; watch official short-interest releases for cleaner signals on positioning.

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.