Coinbase Global (NASDAQ:COIN) had its target price hoisted by equities research analysts at Robert W. Baird from $165.00 to $215.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the cryptocurrency exchange’s stock. Robert W. Baird’s target price points to a potential upside of 3.28% from the company’s current price.
COIN has been the subject of several other reports. Deutsche Bank Aktiengesellschaft set a $250.00 target price on shares of Coinbase Global in a research note on Friday, February 13th. Wall Street Zen lowered Coinbase Global from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. The Goldman Sachs Group raised their target price on Coinbase Global from $264.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Barclays cut their price target on Coinbase Global from $258.00 to $148.00 and set an “equal weight” rating for the company in a report on Friday, February 13th. Finally, Jefferies Financial Group decreased their price objective on shares of Coinbase Global from $268.00 to $151.00 and set a “hold” rating on the stock in a report on Friday, February 13th. Nineteen investment 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $272.17.
Read Our Latest Stock Report on COIN
Coinbase Global Price Performance
Coinbase Global (NASDAQ:COIN – Get Free Report) last posted its quarterly earnings data 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 company had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.86 billion. Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The business’s revenue for the quarter was down 21.6% compared to the same quarter last year. During the same period in the previous year, the company earned $4.68 EPS. Sell-side analysts expect that Coinbase Global will post 7.22 earnings per share for the current fiscal year.
Insider Activity at Coinbase Global
In other Coinbase Global news, Director Frederick Ernest Ehrsam III sold 2,750 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $260.09, for a total value of $715,247.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Alesia J. Haas sold 364,600 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $154.95, for a total transaction of $56,494,770.00. Following the completion of the transaction, the chief financial officer directly owned 402,165 shares in the company, valued at $62,315,466.75. The trade was a 47.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 469,545 shares of company stock valued at $82,226,458. Insiders own 16.56% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Evelyn Partners Investment Management Europe Ltd increased its stake in shares of Coinbase Global by 92.3% in the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after purchasing an additional 36 shares during the last quarter. REAP Financial Group LLC bought a new stake in shares of Coinbase Global during the 3rd quarter worth $25,000. Palisade Asset Management LLC acquired a new stake in Coinbase Global in the third quarter valued at about $29,000. Salomon & Ludwin LLC grew its position in Coinbase Global by 4,400.0% in the third 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. Finally, Foster Dykema Cabot & Partners LLC bought a new position in Coinbase Global in the third quarter valued at about $35,000. 68.84% of the stock is currently owned by institutional investors and hedge funds.
More Coinbase Global News
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: Crypto rally lifts trading volumes and sentiment — Coinbase shares jumped with the wider market as bitcoin rallied above $73k–$74k, helping drive higher spot volumes and fee revenue expectations. Coinbase (COIN) Stock Is Up, What You Need To Know
- Positive Sentiment: On-chain and exchange metrics show US demand returning — Coinbase-specific flow indicators (Coinbase premium and volume deltas) flipped from net selling to net buying over the past weeks, suggesting U.S. client flow is improving versus earlier in the year. This supports higher spot trading on COIN’s platform. Bitcoin: Coinbase Premium Turns Positive After 10 Weeks
- Positive Sentiment: Exchange volume recovery across major venues — Data shows Binance and Coinbase 30‑day volume deltas moved from negative to positive, indicating selling pressure has eased and buyer activity is returning, which could lift Coinbase’s trading revenue if sustained. Bitcoin Buyer Activity Returns as February Selling Pressure Fades
- Positive Sentiment: Stablecoins and payments poised to be a structural growth driver — Coverage argues Coinbase’s growing stablecoin and payments infrastructure (including USDC rails) plus AI/product initiatives could create steadier, higher-margin revenue beyond volatile trading fees. Why Stablecoins and AI are Coinbase’s Real Growth Engine
- Positive Sentiment: Aon stablecoin premium payment highlights Coinbase’s role in regulated payments rails — Aon’s use of stablecoins for insurance premium settlement underscores demand for regulated stablecoin infrastructure and validates Coinbase’s positioning in that payments stack. Is Aon’s Stablecoin Premium Deal Quietly Reframing Coinbase’s Role?
- Neutral Sentiment: Personnel move involving an ex-Coinbase executive is minor industry noise — Streamex named an ex-Coinbase exec as CFO; notable for talent flow but not material to COIN fundamentals. Streamex Appoints Ex-Coinbase Exec as CFO
- Negative Sentiment: Zacks adds COIN to its Strong Sell list — A formal downgrade to Zacks Rank #5 increases short-term selling pressure from some retail/advisory channels and could weigh on sentiment. New Strong Sell Stocks for March 17th
- Negative Sentiment: Technical risks from bitcoin at resistance — Analysts warn BTC rejected near $76k, raising “bull trap” concerns; a sustained pullback in BTC would directly pressure Coinbase trading volumes and COIN’s share price. Bitcoin sparks ‘bull trap’ warning after BTC price rejects at $76K
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.
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