Coinbase Global (NASDAQ:COIN) Upgraded at Bank of America

Bank of America upgraded shares of Coinbase Global (NASDAQ:COIN) from a neutral rating to a buy rating in a research report report published on Thursday, MarketBeat Ratings reports. They currently have $340.00 price target on the cryptocurrency exchange’s stock.

A number of other research analysts also recently weighed in on COIN. Mizuho set a $280.00 target price on Coinbase Global in a report on Tuesday, December 16th. Jefferies Financial Group restated a “hold” rating and issued a $384.00 price objective on shares of Coinbase Global in a report on Wednesday, October 29th. Erste Group Bank cut Coinbase Global from a “buy” rating to a “hold” rating in a research note on Thursday, November 20th. B. Riley increased their target price on Coinbase Global from $185.00 to $243.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Finally, Rosenblatt Securities upped their target price on shares of Coinbase Global from $450.00 to $470.00 in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Coinbase Global presently has an average rating of “Moderate Buy” and an average target price of $376.74.

Coinbase Global Stock Down 2.0%

Shares of NASDAQ:COIN opened at $240.78 on Thursday. The stock has a market capitalization of $64.92 billion, a P/E ratio of 20.83 and a beta of 3.70. The stock’s 50-day moving average price is $263.36 and its 200-day moving average price is $315.19. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.37. Coinbase Global has a 12-month low of $142.58 and a 12-month high of $444.64.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.40. The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The firm’s revenue for the quarter was up 55.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.28 EPS. On average, equities analysts anticipate that Coinbase Global will post 7.22 earnings per share for the current year.

Insider Activity at Coinbase Global

In related news, COO Emilie Choi sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $310.88, for a total transaction of $31,088,000.00. Following the completion of the transaction, the chief operating officer directly owned 187,802 shares in the company, valued at approximately $58,383,885.76. The trade was a 34.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $271.87, for a total value of $10,874,800.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 839,554 shares of company stock worth $248,795,837. Corporate insiders own 16.56% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

Several hedge funds have recently bought and sold shares of the business. Silverlake Wealth Management LLC bought a new position in shares of Coinbase Global during the 4th quarter worth $210,000. Maridea Wealth Management LLC increased its holdings in shares of Coinbase Global by 3.8% in the 4th quarter. Maridea Wealth Management LLC now owns 5,148 shares of the cryptocurrency exchange’s stock valued at $1,164,000 after acquiring an additional 187 shares during the period. Nordea Investment Management AB raised its position in shares of Coinbase Global by 2.6% in the 4th quarter. Nordea Investment Management AB now owns 19,797 shares of the cryptocurrency exchange’s stock worth $4,543,000 after acquiring an additional 501 shares in the last quarter. Cooper Financial Group grew its stake in Coinbase Global by 17.7% in the fourth quarter. Cooper Financial Group now owns 1,063 shares of the cryptocurrency exchange’s stock valued at $240,000 after purchasing an additional 160 shares during the last quarter. Finally, Procyon Advisors LLC bought a new position in shares of Coinbase Global during the 4th quarter worth approximately $206,000. Institutional investors own 68.84% of the company’s stock.

Coinbase Global News Summary

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

• Positive Sentiment: Bank of America upgraded COIN to Buy with a $340 target, citing expansion into 24/5 stock trading, prediction markets, real‑world asset tokenization and possible Base‑token monetization — the upgrade signals meaningful upside if execution continues. Read More.
• Positive Sentiment: External integrations are expanding Coinbase’s ecosystem: OwlTing announced integration with Coinbase’s x402 standard (AI‑initiated payments), which could broaden on‑ramps for merchant payments and demand for Coinbase infrastructure. Read More.
• Positive Sentiment: Multiple brokerages and Wall Street notes (including Goldman/Bernstein/Monness coverage items this week) have refreshed Buy ratings or reiterated bullish views, supporting flows into the stock on the upgrade narrative. Read More.
• Neutral Sentiment: Options market activity is elevated — more volume and positioning details could amplify intraday moves but don’t change fundamentals; watch skew and open interest for near‑term volatility signals. Read More.
• Neutral Sentiment: Management is pitching 2026 as a shift from exchange to “global market operator” — a bullish strategic narrative if realized, but it requires execution and time to materially change multiples. Read More.
• Negative Sentiment: Insider selling: CEO Brian Armstrong and director Fred Ehrsam disclosed sizeable share sales in early January; such moves often sap near‑term sentiment even if they’re pre‑planned/routine. Read More.
• Negative Sentiment: CEO comments warning that China’s interest‑paying digital yuan could create a competitive payments edge have raised policy and market‑share concerns for dollar‑pegged stablecoins — a potential margin/competitive headwind. Read More.
• Negative Sentiment: Regional execution/regulatory snags (e.g., paused fiat rails in Argentina) plus recent bitcoin weakness and technical chart pressure are adding flow and technical selling into COIN. Read More. Read More.

Coinbase Global Company Profile

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.