Coinbase Global, Inc. (NASDAQ:COIN) Receives Average Recommendation of “Hold” from Brokerages

Shares of Coinbase Global, Inc. (NASDAQ:COIN) have been assigned an average recommendation of “Hold” from the thirty-five ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and twenty have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $222.94.

COIN has been the topic of a number of research analyst reports. Rosenblatt Securities reissued a “buy” rating and issued a $240.00 price target on shares of Coinbase Global in a report on Tuesday, July 28th. Weiss Ratings downgraded shares of Coinbase Global from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, July 31st. Compass Point raised shares of Coinbase Global from a “sell” rating to a “neutral” rating and lifted their price objective for the stock from $130.00 to $177.00 in a research report on Monday, September 14th. Zacks Research upgraded shares of Coinbase Global from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 9th. Finally, Needham & Company LLC reduced 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 report on Friday, July 31st.

Insider Transactions at Coinbase Global

In other Coinbase Global news, CAO Jennifer N. Jones sold 2,062 shares of the business’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $188.75, for a total value of $389,202.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Alesia J. Haas sold 39,030 shares of the company’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $205.24, for a total value of $8,010,517.20. Following the transaction, the chief financial officer directly owned 345,376 shares in the company, valued at $70,884,970.24. This represents a 10.15% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 106,674 shares of company stock worth $19,129,436 in the last ninety days. Company insiders own 16.66% of the company’s stock.

Institutional Investors Weigh In On Coinbase Global

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MV Capital Management Inc. bought a new position in Coinbase Global during the fourth quarter worth about $27,000. Osbon Capital Management LLC bought a new stake in shares of Coinbase Global in the fourth quarter valued at approximately $30,000. Brooklands Fund Management Ltd purchased a new stake in shares of Coinbase Global during the 4th quarter valued at approximately $34,000. Glen Eagle Advisors LLC lifted its stake in shares of Coinbase Global by 101.1% during the 1st quarter. Glen Eagle Advisors LLC now owns 175 shares of the cryptocurrency exchange’s stock valued at $31,000 after buying an additional 88 shares in the last quarter. Finally, Archer Investment Corp boosted its holdings in Coinbase Global by 546.4% in the 1st quarter. Archer Investment Corp now owns 181 shares of the cryptocurrency exchange’s stock worth $32,000 after buying an additional 153 shares during the period. 68.84% of the stock is currently owned by institutional investors.

Coinbase Global Stock Performance

Shares of COIN opened at $186.41 on Friday. The stock has a 50 day moving average of $172.31 and a 200 day moving average of $175.94. The company has a market capitalization of $49.18 billion, a price-to-earnings ratio of -48.54 and a beta of 3.39. Coinbase Global has a 12 month low of $139.11 and a 12 month high of $402.16. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 0.45.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings data 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). Coinbase Global had a positive return on equity of 3.12% and a negative net margin of 15.72%.The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the prior year, the firm posted $5.14 EPS. The firm’s revenue for the quarter was down 18.5% on a year-over-year basis. As a group, sell-side analysts forecast that Coinbase Global will post -0.48 earnings per share for the current year.

Coinbase Global News Summary

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

• Positive Sentiment: The CFTC approved Coinbase Clearing LLC as a U.S. derivatives clearing organization. The approval allows Coinbase to clear fully collateralized futures, options on futures and swaps, using USDC collateral and 24/7 settlement. This strengthens Coinbase’s vertically integrated derivatives platform and could create additional institutional revenue opportunities. CFTC Approval Expands Coinbase’s U.S. Derivatives Opportunity
• Positive Sentiment: Coinbase and Citigroup expanded their partnership to connect stablecoin payments with regulated banking rails. Citi’s virtual accounts can convert fiat to stablecoins, while merchants using Citi’s Spring platform can accept stablecoins and settle in fiat, supporting broader institutional adoption and potentially recurring payment-related revenue. Coinbase Global Opens Regulated Stablecoin Payments to Merchants
• Positive Sentiment: Coinbase-backed Base launched its Cobalt upgrade, adding transaction-control features and expanded tools for token issuers. The update may improve Base’s appeal to traders, developers and businesses, supporting Coinbase’s longer-term blockchain and ecosystem strategy. Coinbase-Backed Base Gives Users More Control With Cobalt Upgrade
• Positive Sentiment: Bitcoin’s rebound from its July low has supported investor interest in crypto-exposed equities, while Keefe, Bruyette & Woods resumed coverage with an Outperform rating and a $237 price target. Bitcoin Is Bouncing Back
• Neutral Sentiment: Coinbase Ventures invested in prediction-market liquidity provider Raven, broadening its exposure to emerging crypto-market infrastructure, although the financial impact is likely limited in the near term. Coinbase Ventures and CMCC Global Close Strategic Funding Round With Raven
• Neutral Sentiment: Coinbase teased mobile Pokémon card pack openings backed by physical collectibles. The initiative could diversify engagement and revenue, but pricing, launch timing and licensing details remain unclear. Coinbase Plans Digital Pokémon Pack Openings Backed by Real Cards
• Negative Sentiment: COIN declined more than the broader market in the latest session, suggesting that market-wide risk aversion and the stock’s high crypto sensitivity outweighed the positive announcements. Investors also continue to monitor pressure on trading fees and Coinbase’s dependence on volatile crypto activity. Coinbase Dips More Than Broader Market

About Coinbase Global

Coinbase Global, Inc operates a digital-asset platform that enables individuals, businesses and institutions to buy, sell, store and use cryptocurrencies. Its services include a cryptocurrency exchange, digital-asset custody, staking and related trading products, as well as tools designed to support institutional participation in the crypto economy.

The company also offers Coinbase Wallet, a self-custody wallet that allows users to manage digital assets and interact with decentralized applications.