Brokerages Set Coinbase Global, Inc. (NASDAQ:COIN) Target Price at $262.54

Coinbase Global, Inc. (NASDAQ:COIN) has been given a consensus recommendation of “Hold” by the thirty-three research firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and nineteen have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $262.54.

A number of equities research analysts recently commented on COIN shares. Jefferies Financial Group dropped 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. Barclays dropped their price objective on shares of Coinbase Global from $258.00 to $148.00 and set an “equal weight” rating on the stock in a report on Friday, February 13th. Zacks Research lowered shares of Coinbase Global from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th. Rothschild & Co Redburn lowered their price target on shares of Coinbase Global from $281.00 to $254.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Finally, Piper Sandler lowered their price target on shares of Coinbase Global from $270.00 to $150.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th.

Coinbase Global Trading Up 1.9%

Shares of NASDAQ:COIN opened at $174.79 on Friday. Coinbase Global has a 12 month low of $139.36 and a 12 month high of $444.64. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40. The company’s fifty day simple moving average is $180.95 and its 200 day simple moving average is $250.10. The firm has a market cap of $46.16 billion, a price-to-earnings ratio of 39.82, a PEG ratio of 3.31 and a beta of 3.60.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the previous year, the business earned $4.68 earnings per share. The company’s revenue was down 21.6% on a year-over-year basis. As a group, research analysts forecast that Coinbase Global will post 7.22 EPS for the current fiscal year.

Insider Buying and Selling at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 9,950 shares of Coinbase Global stock in a transaction on Monday, March 16th. The shares were sold at an average price of $201.60, for a total value of $2,005,920.00. Following the sale, the chief financial officer directly owned 387,221 shares in the company, valued at approximately $78,063,753.60. The trade was a 2.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $250.27, for a total transaction of $344,121.25. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 396,745 shares of company stock worth $63,576,559 over the last quarter. Company insiders own 16.56% of the company’s stock.

Institutional Investors Weigh In On Coinbase Global

Several hedge funds and other institutional investors have recently added to or reduced their stakes in COIN. REAP Financial Group LLC acquired a new stake in Coinbase Global in the 3rd quarter valued at $25,000. MV Capital Management Inc. acquired a new position in shares of Coinbase Global during the 4th quarter worth about $27,000. Palisade Asset Management LLC acquired a new position in shares of Coinbase Global during the 3rd quarter worth about $29,000. Salomon & Ludwin LLC increased its stake in shares of Coinbase Global by 4,400.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after purchasing an additional 88 shares during the last quarter. Finally, Osbon Capital Management LLC acquired a new position in shares of Coinbase Global during the 4th quarter worth about $30,000. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Coinbase received conditional OCC approval to form “Coinbase National Trust Company,” a step that enables nationwide custody services and opens paths to payments, settlement, tokenized products and an “everything exchange” narrative — a clear institutional custody catalyst. COIN Gets Conditional Nod for Trust Bank: Everything Exchange in Sight?
• Positive Sentiment: Macro crypto tailwinds: Bitcoin’s bounce above ~$69k and renewed buying interest boosted sentiment for exchange operators. Higher BTC typically supports trading volumes and investor appetite for crypto services, which helps Coinbase’s trading-revenue outlook. Coinbase gains as bitcoin bounces and regulatory/custody tailwinds stay in focus
• Neutral Sentiment: Policy push on tokenization: Coinbase formally urged the SEC to allow third‑party tokenization without issuer consent — a position that could expand tokenized securities activity (good long-term upside) but also invites regulatory scrutiny and legal argumentation. Coinbase Urges SEC to Allow Third-Party Tokenization Without Issuer Consent
• Neutral Sentiment: Investor attention and stock commentary are elevated (multiple Zacks pieces noting heavy searches and recent outperformance vs. the market), which can amplify moves but doesn’t guarantee direction. Investors Heavily Search Coinbase Global, Inc. (COIN): Here is What You Need to Know
• Neutral Sentiment: Global market context: Japan’s regulated crypto market continues expanding with 100+ tokens across licensed platforms (including Coinbase), suggesting structural growth in regulated venues. Japan Recognizes 100+ Crypto Tokens Across 28 Platforms as Regulation Shapes Market Expansion
• Negative Sentiment: Banking-sector pushback: Industry groups (ICBA and other US banking voices) and some banks are publicly criticizing Coinbase’s OCC trust approval and challenging the decision, raising regulatory and political risk that could complicate rollout or invite stricter oversight. Coinbase’s Trust Company Draws Criticism From Banking Sector
• Negative Sentiment: Analyst pressure: Recent coverage includes price‑target cuts from Bank of America and Rothschild & Co. (reducing upside near term), which may weigh on sentiment among institutional and retail investors. Bank of America Cuts Coinbase Global (NASDAQ:COIN) Price Target to $234.00 Rothschild & Co Redburn Cuts Coinbase Global (NASDAQ:COIN) Price Target to $254.00
• Negative Sentiment: Reputational and volume risks: Community backlash (notably XRP holders) has triggered large withdrawals and boycotts on certain listings, which could reduce liquidity/trading activity for affected tokens and dent fee revenue if persistent. Why XRP Supply Crashing On Coinbase Is A Good Thing For The Price
• Negative Sentiment: Insider selling: Public filings show extensive insider sales activity over recent months, which some investors view as a negative signal for near‑term conviction. Coinbase gains as bitcoin bounces and regulatory/custody tailwinds stay in focus

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.