Coinbase Global, Inc. (COIN) – What Are Analysts Saying About This Stock?

Coinbase Global, Inc. (NASDAQ:COIN) has been assigned an average rating of “Hold” from the thirty-six analysts that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and twenty have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $224.44.

Several research firms have issued reports on COIN. Raymond James Financial assumed coverage on shares of Coinbase Global in a research note on Wednesday, July 22nd. They issued a “market perform” rating on the stock. Keefe, Bruyette & Woods started coverage on shares of Coinbase Global in a report on Monday, September 28th. They issued an “outperform” rating and a $237.00 price target for the company. Benchmark reduced their price target on shares of Coinbase Global from $270.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $240.00 price target on shares of Coinbase Global in a report on Tuesday, July 28th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $265.00 price target on shares of Coinbase Global in a report on Friday, July 31st.

Coinbase Global Trading Up 1.4%

Shares of Coinbase Global stock opened at $170.85 on Wednesday. The company’s 50-day moving average price is $179.09 and its 200-day moving average price is $175.16. 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 has a 12-month low of $139.11 and a 12-month high of $373.25. The company has a market cap of $45.08 billion, a price-to-earnings ratio of -44.49 and a beta of 3.41.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings data on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) EPS for the quarter, missing the consensus estimate of ($0.44) by ($0.92). The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Coinbase Global had a negative net margin of 15.72% and a positive return on equity of 3.12%. Coinbase Global’s revenue was down 18.5% on a year-over-year basis. During the same period in the prior year, the firm posted $5.14 EPS. On average, equities analysts expect that Coinbase Global will post -0.54 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Coinbase Global news, Director Marc L. Andreessen sold 13,676 shares of the firm’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $186.18, for a total value of $2,546,197.68. Following the sale, the director owned 1,115,810 shares of the company’s stock, valued at $207,741,505.80. This trade represents a 1.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Alesia J. Haas sold 39,030 shares of Coinbase Global stock in a transaction dated 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 sale, the chief financial officer owned 345,376 shares of the company’s stock, valued at approximately $70,884,970.24. This trade represents a 10.15% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 127,188 shares of company stock valued at $23,029,558 in the last ninety days. Corporate insiders own 16.66% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of COIN. Bank of New York Mellon Corp purchased a new stake in Coinbase Global in the second quarter valued at approximately $142,995,000. Southpoint Capital Advisors LP bought a new stake in Coinbase Global during the first quarter valued at approximately $104,766,000. National Pension Service lifted its position in Coinbase Global by 117.1% during the second quarter. National Pension Service now owns 641,518 shares of the cryptocurrency exchange’s stock valued at $93,784,000 after purchasing an additional 346,045 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in Coinbase Global by 103.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 314,338 shares of the cryptocurrency exchange’s stock worth $58,889,000 after buying an additional 159,636 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its stake in Coinbase Global by 456.7% in the 3rd quarter. State of Alaska Department of Revenue now owns 121,330 shares of the cryptocurrency exchange’s stock worth $22,617,000 after buying an additional 99,536 shares in the last quarter. Hedge funds and other institutional investors 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: Mastercard partnership supports AI-payments growth. Mastercard is opening its blockchain-based agentic payments system to developers after pilots involving Coinbase, Base and Cloudflare. The service could allow AI agents to purchase digital services using stablecoins, creating potential transaction and infrastructure opportunities for Coinbase. Mastercard Taps Coinbase, Cloudflare as AI Agents Learn to Pay
• Positive Sentiment: Thunes deal expands Coinbase’s global payments reach. Coinbase will work with Thunes to connect stablecoin transfers with payouts to billions of bank accounts and mobile wallets across approximately 140 countries. The arrangement could increase stablecoin utility and generate additional custody, conversion and settlement activity. Coinbase partners with Thunes to expand stablecoin payments to 140 countries
• Positive Sentiment: Stablecoin adoption is accelerating. A Coinbase-commissioned report said adjusted stablecoin transfer volume reached $891 billion in the third quarter, with 73% occurring outside U.S. banking hours. Separately, Coinbase’s partnership with Marqeta will support stablecoin-funded business cards, with Coinbase providing custody, dollar conversion and Base settlement. Stablecoin transfers quadruple to $891 billion
• Neutral Sentiment: Broader crypto-market signals were mixed. Bitcoin ETF inflows and institutional blockchain adoption provided support for the sector, but the articles did not identify a specific cryptocurrency move as the primary catalyst for COIN. BlackRock’s Bitcoin ETF had a major inflow
• Negative Sentiment: Regulatory and retail-demand risks remain. A Kazakhstan court restricted Coinbase and several other platforms from operating without local licenses. Recent coverage also highlighted a 31% decline in Coinbase’s retail revenue, increasing the company’s dependence on institutions and payments-related businesses. Kazakhstan court orders curbs on Coinbase

About Coinbase Global

Coinbase Global, Inc operates a digital-asset financial infrastructure and technology platform. Through its Coinbase platform, the company enables individuals and institutions to buy, sell, store, transfer and use cryptocurrencies and other digital assets. Its services are designed to support both retail customers and institutional participants in the digital-asset economy.

The company offers cryptocurrency trading, custody and staking services, as well as subscription products and institutional solutions.