Coinbase Global (NASDAQ:COIN) Cut to Neutral at Monness Crespi & Hardt

Coinbase Global (NASDAQ:COIN) was downgraded by stock analysts at Monness Crespi & Hardt from a “buy” rating to a “neutral” rating in a research report issued on Thursday, MarketBeat.com reports. They presently have a $120.00 target price on the cryptocurrency exchange’s stock. Monness Crespi & Hardt’s target price would indicate a potential downside of 21.67% from the stock’s current price.

COIN has been the subject of several other research reports. JPMorgan Chase & Co. cut their price target on Coinbase Global from $399.00 to $290.00 and set an “overweight” rating for the company in a report on Tuesday. Cantor Fitzgerald reduced their price target on shares of Coinbase Global from $277.00 to $221.00 and set an “overweight” rating on the stock in a research report on Monday. Rosenblatt Securities upped their price target on Coinbase Global from $450.00 to $470.00 in a report on Friday, October 31st. Erste Group Bank lowered shares of Coinbase Global from a “buy” rating to a “hold” rating in a report on Thursday, November 20th. Finally, UBS Group set a $340.00 target price on Coinbase Global in a research report on Wednesday, December 17th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $331.58.

Coinbase Global Stock Performance

NASDAQ:COIN opened at $153.20 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. Coinbase Global has a fifty-two week low of $142.58 and a fifty-two week high of $444.64. The stock has a market capitalization of $41.31 billion, a PE ratio of 13.25 and a beta of 3.70. The company has a fifty day moving average of $229.25 and a two-hundred day moving average of $287.32.

Insider Transactions at Coinbase Global

In related news, CFO Alesia J. Haas sold 364,600 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $154.95, for a total value of $56,494,770.00. Following the transaction, the chief financial officer owned 402,165 shares in the company, valued at $62,315,466.75. The trade was a 47.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $248.96, for a total value of $9,958,400.00. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 672,498 shares of company stock worth $137,109,701. Company insiders own 16.56% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Capital Advisors Wealth Management LLC boosted its holdings in shares of Coinbase Global by 2.0% in the third quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock valued at $523,000 after acquiring an additional 30 shares in the last quarter. Elevation Wealth Partners LLC increased its position in Coinbase Global by 37.6% during the 3rd quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock worth $39,000 after purchasing an additional 32 shares during the period. West Family Investments Inc. increased its position in Coinbase Global by 3.3% during the 3rd quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock worth $347,000 after purchasing an additional 33 shares during the period. Pettinga Financial Advisors LLC raised its stake in shares of Coinbase Global by 2.6% during the 2nd quarter. Pettinga Financial Advisors LLC now owns 1,321 shares of the cryptocurrency exchange’s stock worth $463,000 after buying an additional 34 shares in the last quarter. Finally, StoneX Group Inc. lifted its holdings in shares of Coinbase Global by 1.8% in the 2nd quarter. StoneX Group Inc. now owns 1,970 shares of the cryptocurrency exchange’s stock valued at $690,000 after buying an additional 34 shares during the period. 68.84% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Coinbase announced “Agentic Wallets” — purpose-built wallets for AI agents that enable autonomous on‑chain spending, trading and DeFi management; this is product innovation that could drive developer adoption and new fee streams over time. Read More.
• Positive Sentiment: Interactive Brokers added Coinbase Derivatives nano and perpetual futures to its platform — expanding distribution for Coinbase’s derivatives products and potentially boosting trading volumes and fee-based revenue. Read More.
• Positive Sentiment: HC Wainwright lowered its price target but kept a “buy” stance (PT trimmed to $350), signaling some analysts still see upside from Coinbase’s long‑term positioning despite near‑term headwinds. Read More.
• Neutral Sentiment: Coinbase is pivoting its Base app to prioritize trading and is discontinuing the creator rewards program — this may streamline resources but narrows consumer-engagement experiments. Read More.
• Neutral Sentiment: Q4 earnings are due after the close and the options market is pricing a large implied move — that raises short‑term volatility and means results or guidance will likely drive the next major price reaction. Read More.
• Negative Sentiment: JPMorgan cut its price target sharply to $290 from $399 ahead of Q4 — a substantial revision that amplifies selling pressure even though the bank left an Overweight rating in place. Read More.
• Negative Sentiment: Cantor Fitzgerald and other shops also trimmed targets, adding to analyst-driven caution ahead of the report and increasing the risk premium priced into COIN. Read More.
• Negative Sentiment: CFO Alesia Haas sold 364,600 shares (filed Feb. 6) — a large insider sale that the market often interprets as a negative signal on near‑term conviction, particularly coming before earnings. Read More.
• Negative Sentiment: Sector/regulatory risk is rising: Congressional scrutiny of SEC enforcement choices and public criticism of Coinbase’s policy stances increase uncertainty about future enforcement or market-structure changes that could affect US operations. Read More.
• Negative Sentiment: Bitcoin volatility and recent spot-led selling have reduced crypto volumes and muted US retail participation — direct pressure on Coinbase’s transaction revenue. 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.