Coinbase Global (NASDAQ:COIN) Price Target Cut to $140.00 by Analysts at Compass Point

Coinbase Global (NASDAQ:COIN) had its target price decreased by stock analysts at Compass Point from $190.00 to $140.00 in a research note issued to investors on Friday,MarketScreener reports. The firm currently has a “sell” rating on the cryptocurrency exchange’s stock. Compass Point’s price target points to a potential downside of 18.32% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. Cantor Fitzgerald decreased their target price on Coinbase Global from $277.00 to $221.00 and set an “overweight” rating for the company in a research note on Monday, February 9th. Rothschild & Co Redburn cut their price objective on Coinbase Global from $403.00 to $288.00 and set a “buy” rating for the company in a report on Wednesday. Benchmark decreased their price target on Coinbase Global from $421.00 to $267.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Zacks Research lowered Coinbase Global from a “hold” rating to a “strong sell” rating in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft set a $250.00 price objective on shares of Coinbase Global in a report on Friday, February 13th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Coinbase Global presently has an average rating of “Moderate Buy” and a consensus price target of $281.15.

Coinbase Global Trading Up 3.3%

NASDAQ:COIN traded up $5.47 on Friday, hitting $171.41. 1,036,692 shares of the stock were exchanged, compared to its average volume of 11,788,531. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.40. Coinbase Global has a fifty-two week low of $139.36 and a fifty-two week high of $444.64. The stock has a fifty day moving average of $215.78 and a 200-day moving average of $279.38. The stock has a market cap of $46.22 billion, a PE ratio of 38.43, a PEG ratio of 2.36 and a beta of 3.70.

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

Insider Buying and Selling at Coinbase Global

In related news, CEO Brian Armstrong sold 40,000 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $248.96, for a total value of $9,958,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Alesia J. Haas sold 364,600 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $154.95, for a total value of $56,494,770.00. Following the sale, the chief financial officer owned 402,165 shares of the company’s stock, valued at approximately $62,315,466.75. The trade was a 47.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 574,395 shares of company stock valued at $110,451,160 in the last quarter. 16.56% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Coinbase Global

Large investors have recently bought and sold shares of the stock. REAP Financial Group LLC purchased a new position in shares of Coinbase Global during the third quarter valued at approximately $25,000. Evelyn Partners Investment Management Europe Ltd boosted its stake in 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 worth $29,000 after purchasing an additional 36 shares during the period. Palisade Asset Management LLC purchased a new position in shares of Coinbase Global during the 3rd quarter valued at $29,000. Cullen Frost Bankers Inc. bought a new position in Coinbase Global in the 2nd quarter worth about $30,000. Finally, Salomon & Ludwin LLC boosted its stake in Coinbase Global by 4,400.0% in the third quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after buying an additional 88 shares in the last quarter. 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: Coinbase expanded its on‑chain loan program to accept XRP, DOGE, ADA and LTC as collateral and unlocked up to $100,000 in USDC borrowing — a revenue/product‑utility positive that broadens lending volume and user stickiness. Coinbase Integrates XRP, DOGE, ADA, LTC for Crypto Loans
• Positive Sentiment: A KlariVis study shows community banks funneled roughly $78.3M net into Coinbase over 13 months, indicating continued retail/institutional flow into the platform and stronger deposit/asset trends. Community banks see net deposit outflows to Coinbase: Study
• Positive Sentiment: Share repurchases continue to be a tailwind: Coinbase disclosed ~8M shares bought back in the recent quarter, which reduces dilution and supports per‑share metrics. Do Coinbase Stock Buybacks Make COIN a Good Buy Here?
• Positive Sentiment: Regulatory progress/optimism: CEO Brian Armstrong and allies say the CLARITY Act has a path forward, which would reduce regulatory risk if passed and is being priced by some investors as positive for U.S. market access. US CLARITY Act to pass ‘hopefully by April’: Senator Bernie Moreno
• Neutral Sentiment: Base L2 is transitioning to its own architecture — a technical move that should improve upgrade speed and independence long term but carries short‑term migration risk and developer transition costs. Coinbase’s Base transitions to its own architecture
• Neutral Sentiment: Institutional angle: Coinbase Institutional execs highlight bank partnerships and tokenization momentum — positive strategically but more of a multi‑quarter catalyst than an immediate revenue lever. For Coinbase’s Brett Tejpaul, The Real Story Isn’t Bitcoin’s Dip — it’s Wall Street’s Quiet Pivot To Tokenization
• Negative Sentiment: Analyst downgrades and price‑target cuts are pressuring the stock: Rothschild/Redburn trimmed its target (while keeping a buy), Zacks moved to “strong sell”, and other shops (Mizuho, Goldman‑mentioned coverage) lowered expectations — increasing near‑term selling pressure. Rothschild & Co Redburn Has Lowered Expectations COIN Stock Warning Zacks
• Negative Sentiment: Post‑earnings weakness: Coinbase missed EPS and revenue estimates in its Feb quarter and reported softer trading volumes year‑over‑year — fundamentals that keep some investors skeptical about near‑term growth. Coinbase valuation check after earnings miss

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.