Coinbase Global (NASDAQ:COIN) Receives “Buy” Rating from Rosenblatt Securities

Posted by Alanna Baker on Jun 17th, 2026

Coinbase Global (NASDAQ:COIN)‘s stock had its “buy” rating reaffirmed by stock analysts at Rosenblatt Securities in a note issued to investors on Wednesday,Benzinga reports. They presently have a $240.00 price objective on the cryptocurrency exchange’s stock. Rosenblatt Securities’ price target suggests a potential upside of 41.79% from the stock’s current price.

COIN has been the topic of a number of other research reports. Oppenheimer cut their price objective on shares of Coinbase Global from $227.00 to $224.00 in a research note on Friday, May 8th. Needham & Company LLC reiterated a “buy” rating and issued a $220.00 price objective on shares of Coinbase Global in a research note on Wednesday. Bank of America cut their price objective on shares of Coinbase Global from $288.00 to $234.00 in a research note on Thursday, April 2nd. Rothschild & Co Redburn increased their price objective on shares of Coinbase Global from $254.00 to $263.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Finally, HC Wainwright cut their price objective on shares of Coinbase Global from $350.00 to $310.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Eighteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $250.23.

Read Our Latest Stock Analysis on Coinbase Global

Coinbase Global Trading Down 0.2%

Shares of Coinbase Global stock opened at $169.27 on Wednesday. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.44. Coinbase Global has a 12-month low of $139.36 and a 12-month high of $444.64. The firm has a market capitalization of $44.60 billion, a price-to-earnings ratio of 63.64, a PEG ratio of 5.40 and a beta of 3.32. The firm’s 50 day simple moving average is $184.95 and its two-hundred day simple moving average is $202.67.

Coinbase Global (NASDAQ:COIN – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.49 billion. Coinbase Global had a return on equity of 4.16% and a net margin of 12.20%.The firm’s revenue was down 30.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.24 EPS. Analysts predict that Coinbase Global will post 1.93 EPS for the current year.

Insider Activity

In related news, insider Paul Grewal sold 1,960 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $176.88, for a total transaction of $346,684.80. Following the sale, the insider directly owned 84,753 shares of the company’s stock, valued at approximately $14,991,110.64. This represents a 2.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lawrence J. Brock sold 6,616 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $189.01, for a total transaction of $1,250,490.16. Following the transaction, the insider directly owned 517 shares in the company, valued at approximately $97,718.17. The trade was a 92.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 30,647 shares of company stock valued at $5,740,941 in the last three months. Corporate insiders own 16.66% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of COIN. MV Capital Management Inc. acquired a new position in shares of Coinbase Global during the 4th quarter worth about $27,000. Palisade Asset Management LLC purchased a new position in shares of Coinbase Global in the third quarter worth about $29,000. Osbon Capital Management LLC purchased a new position in shares of Coinbase Global in the fourth quarter worth about $30,000. Glen Eagle Advisors LLC lifted its stake in shares of Coinbase Global by 101.1% in the first quarter. Glen Eagle Advisors LLC now owns 175 shares of the cryptocurrency exchange’s stock worth $31,000 after buying an additional 88 shares in the last quarter. Finally, Archer Investment Corp lifted its stake in shares of Coinbase Global by 546.4% in the first quarter. Archer Investment Corp now owns 181 shares of the cryptocurrency exchange’s stock worth $32,000 after buying an additional 153 shares in the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

Key Coinbase Global News

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

Positive Sentiment: Coinbase launched an AI-powered investment advisor, “Coinbase Advisor,” for U.S. Coinbase One members, using portfolio and account data to generate personalized guidance and trade ideas. Brian Armstrong Says Coinbase’s New AI Investment Advisor Will ‘Prompt You With Ideas You Hadn’t Thought Of’
Positive Sentiment: The company expanded into stock and ETF trading, including ACATS portfolio transfers, zero-commission trading, fractional shares, and up to 3.5% rewards on eligible USDC balances, which could broaden engagement and attract more assets onto the platform. Coinbase lets users transfer stock portfolios as exchange expands beyond crypto
Positive Sentiment: Coinbase also unveiled tokenized U.S. stocks with automatic dividends, adding another potential growth avenue as it competes to bring traditional assets on-chain. Coinbase Launches Real Tokenized Stocks, Robinhood, Kraken Race To Follow
Positive Sentiment: Coinbase is pushing further into “everything exchange” territory with AI trading tools, prediction markets, derivatives, and global payments partnerships, which supports the case for a larger addressable market. Coinbase Global, Inc. (COIN) Discusses Unified Trading Platform, AI Integration, and Global Payments Innovations Prepared Remarks Transcript
Neutral Sentiment: CEO Brian Armstrong’s comments about revisiting accredited investor rules and expanding access to private and public markets add to the company’s strategic narrative, but they are more policy-oriented than immediately revenue-driving. Coinbase CEO Brian Armstrong: ‘Time to Revisit’ US Accredited Investor Laws
Negative Sentiment: The recent move still comes against a backdrop of weak recent stock performance and investor caution after Coinbase’s latest earnings miss earlier this year, which may be limiting enthusiasm despite the product announcements.

Coinbase Global Company Profile

(Get Free Report)

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.