Brokers Offer Predictions for Coinbase Global Q1 Earnings

Coinbase Global, Inc. (NASDAQ:COIN) – Stock analysts at HC Wainwright issued their Q1 2027 EPS estimates for Coinbase Global in a research note issued to investors on Friday, July 31st. HC Wainwright analyst M. Colonnese forecasts that the cryptocurrency exchange will post earnings of $0.64 per share for the quarter. HC Wainwright has a “Buy” rating and a $265.00 price objective on the stock. The consensus estimate for Coinbase Global’s current full-year earnings is $1.25 per share. HC Wainwright also issued estimates for Coinbase Global’s Q2 2027 earnings at $0.98 EPS, Q3 2027 earnings at $1.28 EPS, Q4 2027 earnings at $1.47 EPS and FY2027 earnings at $4.37 EPS.

Several other equities analysts have also commented on the company. Oppenheimer decreased their price target on Coinbase Global from $209.00 to $193.00 and set an “outperform” rating on the stock in a research note on Friday. Citizens Jmp reduced their price objective on shares of Coinbase Global from $355.00 to $325.00 and set a “market outperform” rating on the stock in a report on Thursday, July 9th. B. Riley Financial decreased their target price on shares of Coinbase Global from $243.00 to $203.00 and set a “neutral” rating on the stock in a research report on Monday, June 1st. Needham & Company LLC lowered their target price on shares of Coinbase Global from $220.00 to $177.00 and set a “buy” rating for the company in a research note on Friday. Finally, Compass Point reaffirmed a “sell” rating on shares of Coinbase Global in a research note on Monday, June 1st. Eighteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $215.11.

Coinbase Global Price Performance

COIN stock opened at $146.50 on Monday. Coinbase Global has a 52-week low of $139.11 and a 52-week high of $402.16. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.45. The stock has a market cap of $38.60 billion, a price-to-earnings ratio of -38.15, a price-to-earnings-growth ratio of 10.62 and a beta of 3.36. The business has a fifty day moving average of $162.46 and a two-hundred day moving average of $180.54.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) earnings per share for the quarter, missing the consensus estimate of ($0.44) by ($0.92). The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Coinbase Global had a negative net margin of 15.72% and a positive return on equity of 3.12%. The business’s quarterly revenue was down 18.5% on a year-over-year basis. During the same period last year, the company earned $5.14 EPS.

Insider Transactions at Coinbase Global

In other Coinbase Global news, Director Frederick R. Wilson sold 10,000 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $181.54, for a total transaction of $1,815,400.00. Following the sale, the director directly owned 30,000 shares in the company, valued at $5,446,200. This represents a 25.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer N. Jones sold 2,051 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $158.15, for a total transaction of $324,365.65. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 30,627 shares of company stock valued at $5,327,841. Insiders own 16.66% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in COIN. L2 Asset Management LLC grew its stake in shares of Coinbase Global by 5.0% during the 3rd quarter. L2 Asset Management LLC now owns 965 shares of the cryptocurrency exchange’s stock worth $326,000 after acquiring an additional 46 shares in the last quarter. Ancora Advisors LLC lifted its position in shares of Coinbase Global by 4.5% in the third quarter. Ancora Advisors LLC now owns 1,174 shares of the cryptocurrency exchange’s stock worth $396,000 after purchasing an additional 51 shares in the last quarter. Fulton Bank N.A. boosted its holdings in Coinbase Global by 1.1% during the first quarter. Fulton Bank N.A. now owns 4,942 shares of the cryptocurrency exchange’s stock worth $863,000 after purchasing an additional 53 shares during the last quarter. SRH Advisors LLC boosted its holdings in Coinbase Global by 10.1% during the fourth quarter. SRH Advisors LLC now owns 600 shares of the cryptocurrency exchange’s stock worth $136,000 after purchasing an additional 55 shares during the last quarter. Finally, Premier Path Wealth Partners LLC boosted its holdings in Coinbase Global by 3.4% during the fourth quarter. Premier Path Wealth Partners LLC now owns 1,720 shares of the cryptocurrency exchange’s stock worth $389,000 after purchasing an additional 56 shares during the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

Coinbase Global News Roundup

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

• Positive Sentiment: CEO Brian Armstrong urged the Senate to pass the CLARITY Act this week, arguing that clearer crypto-market rules could benefit Coinbase and the broader industry. Cantor Fitzgerald maintained an “overweight” rating, with its revised $184 price target implying substantial upside from current levels. Coinbase CEO Presses Senate to Pass CLARITY Act This Week
• Positive Sentiment: Canaccord Genuity reiterated its “buy” rating, indicating that some analysts still view Coinbase’s long-term growth prospects favorably despite recent weakness. Coinbase Buy Rating Reiterated at Canaccord
• Neutral Sentiment: Armstrong said Coinbase could continue operating normally even if the CLARITY Act does not pass before the congressional recess. However, the legislation’s uncertain timing limits its near-term value as a catalyst. Brian Armstrong on Crypto Act Timing
• Negative Sentiment: Coinbase reported a quarterly loss of $1.36 per share versus the expected $0.44 loss, while revenue of $1.22 billion missed estimates of $1.29 billion and declined 18.5% year over year. The results renewed concerns about the impact of a crypto-market downturn on trading activity and earnings. Coinbase Quarterly Report Shows Effects of Crypto Winter
• Negative Sentiment: Bitcoin’s Coinbase Premium Index remained negative for a record 77 consecutive days, suggesting U.S. institutional buyers have been less aggressive and may still be selling. Weaker domestic demand could reduce Coinbase’s transaction revenue. Bitcoin Hits $62K While Coinbase Premium Hits Negative Streak
• Negative Sentiment: Several firms reduced their price targets, including Needham to $177, Oppenheimer to $193 and Benchmark to $230. Although the targets remain above the current stock level, the cuts reflect lower near-term expectations and contributed to recent selling pressure. Needham Cuts Coinbase Price Target

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.