Coinbase Global (NASDAQ:COIN) Price Target Lowered to $230.00 at Needham & Company LLC

Coinbase Global (NASDAQ:COIN) had its target price lowered by Needham & Company LLC from $290.00 to $230.00 in a report issued on Friday, Marketbeat reports. The firm currently has a buy rating on the cryptocurrency exchange’s stock.

Several other brokerages also recently weighed in on COIN. Barclays lowered their target price on Coinbase Global from $291.00 to $258.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 8th. JPMorgan Chase & Co. lowered their price objective on shares of Coinbase Global from $399.00 to $290.00 and set an “overweight” rating on the stock in a research report on Tuesday. BTIG Research dropped their price objective on shares of Coinbase Global from $340.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday. China Renaissance reduced their target price on shares of Coinbase Global from $479.30 to $301.50 and set a “buy” rating for the company in a research note on Wednesday, January 14th. Finally, Monness Crespi & Hardt lowered shares of Coinbase Global from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research note on Thursday. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $291.85.

Coinbase Global Trading Up 16.5%

NASDAQ COIN opened at $164.32 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. The firm has a market cap of $44.31 billion, a PE ratio of 37.43 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 firm’s fifty day moving average is $224.49 and its two-hundred day moving average is $284.81.

Coinbase Global (NASDAQ:COIN) last announced its earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.17). The business 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 9.01% and a net margin of 17.55%.Coinbase Global’s quarterly revenue was down 21.6% on a year-over-year basis. During the same quarter last year, the company posted $4.68 EPS. Analysts expect that Coinbase Global will post 7.22 earnings per share for the current year.

Insider Activity at Coinbase Global

In other Coinbase Global news, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $271.87, for a total transaction of $10,874,800.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Lawrence J. Brock sold 5,902 shares of Coinbase Global stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $250.58, for a total transaction of $1,478,923.16. Following the sale, the insider owned 497 shares of the company’s stock, valued at approximately $124,538.26. The trade was a 92.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 672,498 shares of company stock valued at $137,109,701. Company insiders own 16.56% of the company’s stock.

Institutional Investors Weigh In On Coinbase Global

A number of institutional investors and hedge funds have recently modified their holdings of the company. Evelyn Partners Investment Management Europe Ltd raised its holdings in Coinbase Global by 92.3% during the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock worth $29,000 after purchasing an additional 36 shares during the last quarter. REAP Financial Group LLC purchased a new position in shares of Coinbase Global in the third quarter valued at $25,000. Palisade Asset Management LLC acquired a new position in shares of Coinbase Global during the 3rd quarter worth $29,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Coinbase Global in the 2nd quarter worth about $30,000. Finally, Salomon & Ludwin LLC grew its stake in Coinbase Global by 4,400.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock valued at $30,000 after acquiring an additional 88 shares during the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Short‑term buying momentum: traders are buying the post‑earnings drop and the stock has bounced off prior support levels, leading to a sharp intraday rebound even after the Q4 miss. Read More.
• Positive Sentiment: Operational and product positives: Coinbase highlights doubling crypto trading market share in 2025, subscription strength and new initiatives (Agentic/AI wallets) that diversify revenue and address longer‑term growth. Read More.
• Neutral Sentiment: Analyst reaction is mixed: many firms cut price targets and trimmed estimates (wide dispersion of PTs), leaving both upside and downside scenarios for investors to weigh. Read More.
• Neutral Sentiment: Short‑interest data in some feeds shows 0 shares (days‑to‑cover 0.0) — the reporting appears unreliable and provides no clear short‑squeeze signal.
• Negative Sentiment: Q4 miss and first quarterly loss in two years: Coinbase reported a $667M net loss, revenue down ~21% Y/Y and EPS below estimates — the core trading business remains sensitive to crypto price moves. Read More.
• Negative Sentiment: Insider selling raises governance/sentiment concerns: reporting shows large stock sales by CEO Brian Armstrong (reported ~$550M) and a CFO sale (~$56M), which can weigh on investor confidence. Read More. Read More.
• Negative Sentiment: Operational hiccup: a brief platform outage affected buy/sell/transfer functionality around the earnings release, spotlighting execution risk. 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.