Rothschild & Co Redburn Issues Pessimistic Forecast for Coinbase Global (NASDAQ:COIN) Stock Price

Coinbase Global (NASDAQ:COIN) had its target price lowered by equities researchers at Rothschild & Co Redburn from $288.00 to $277.00 in a research note issued to investors on Monday,MarketScreener reports. Rothschild & Co Redburn’s target price indicates a potential upside of 40.43% from the stock’s previous close.

COIN has been the subject of a number of other research reports. Zacks Research lowered Coinbase Global from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th. Canaccord Genuity Group reduced 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. Benchmark cut their price objective on Coinbase Global from $421.00 to $267.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Compass Point decreased their price target on shares of Coinbase Global from $190.00 to $140.00 and set a “sell” rating on the stock in a research report on Friday, February 20th. Finally, Erste Group Bank downgraded Coinbase Global from a “buy” rating to a “hold” rating in a report on Thursday, November 20th. Nineteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Coinbase Global currently has a consensus rating of “Hold” and an average price target of $270.51.

Coinbase Global Trading Down 4.1%

NASDAQ COIN opened at $197.25 on Monday. The firm has a market capitalization of $52.09 billion, a PE ratio of 44.93, a price-to-earnings-growth ratio of 3.06 and a beta of 3.70. 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 $201.95 and a 200-day simple moving average of $268.77. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34.

Coinbase Global (NASDAQ:COIN) last announced its quarterly 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 company had revenue of $1.78 billion for the quarter, compared to analyst estimates 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 for the quarter was down 21.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.68 earnings per share. On average, equities analysts forecast that Coinbase Global will post 7.22 earnings per share for the current year.

Insider Activity

In related news, CEO Brian Armstrong sold 40,000 shares of the business’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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Alesia J. Haas sold 364,600 shares of Coinbase Global stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 402,165 shares in the company, valued at approximately $62,315,466.75. This represents a 47.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 479,670 shares of company stock valued at $84,965,194 over the last 90 days. 16.56% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Coinbase Global by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 26,400,836 shares of the cryptocurrency exchange’s stock worth $5,970,285,000 after purchasing an additional 184,043 shares during the last quarter. Geode Capital Management LLC boosted its position in Coinbase Global by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 6,098,062 shares of the cryptocurrency exchange’s stock worth $1,374,080,000 after buying an additional 189,080 shares during the period. Paradigm Operations LP grew its holdings in Coinbase Global by 3.3% during the 4th quarter. Paradigm Operations LP now owns 4,262,458 shares of the cryptocurrency exchange’s stock worth $963,912,000 after acquiring an additional 134,425 shares during the last quarter. Norges Bank acquired a new position in Coinbase Global in the 2nd quarter valued at approximately $1,044,354,000. Finally, ARK Investment Management LLC raised its stake in shares of Coinbase Global by 6.1% during the fourth quarter. ARK Investment Management LLC now owns 2,541,928 shares of the cryptocurrency exchange’s stock valued at $574,832,000 after acquiring an additional 146,388 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Product expansion in Europe — Coinbase launched regulated crypto and equity‑index futures for Advanced users in 26 European countries (MiFID entity), broadening fee‑generating institutional products and potential volume. Read More.
• Positive Sentiment: Everything‑Exchange rollout — Coinbase opened integrated decentralized trading to users in 84 countries, expanding on‑chain token access inside the app and supporting long‑term growth of trading/custody revenue. Read More.
• Positive Sentiment: Political/regulatory tailwind — CEO Brian Armstrong met with former President Trump, who publicly urged pro‑crypto legislation; that endorsement can lift sentiment and prospects for friendlier industry policy. Read More.
• Positive Sentiment: Analyst/institutional signals — some bullish commentary (including a noted price‑target boost cited in recent coverage) and a Cantor Fitzgerald buy note provide institutional validation if crypto volumes recover. Read More.
• Neutral Sentiment: CEO vision on stablecoins/AI — Brian Armstrong framed stablecoin wallets as payment rails for AI agents, highlighting long‑term product angles but with unclear near‑term monetization. Read More.
• Neutral Sentiment: Crypto market momentum — Bitcoin ETF inflows and a short‑squeeze have revived crypto prices, which can boost Coinbase trading and custody volumes if sustained; this is a market tailwind rather than company‑specific proof. Read More.
• Negative Sentiment: Insider selling — CFO Alesia Haas sold ~10,020 shares (~$2.0M), a visible insider sale that often hurts near‑term sentiment even if routine. Read More.
• Negative Sentiment: Legal/governance risk — a shareholder derivative suit names executives and directors, increasing litigation risk and uncertainty over potential costs and management distraction. Read More.
• Negative Sentiment: Recent fundamentals & analyst downgrades — Coinbase missed Q4 revenue/EPS estimates; several brokers trimmed targets or ratings, leaving analyst sentiment mixed and giving bears ammunition. Read More.
• Negative Sentiment: Regulatory uncertainty on stablecoin programs — ongoing legislative fights over stablecoin yield/market‑structure could limit product rollouts and revenue opportunities. 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.