Coinbase Global (NASDAQ:COIN) Price Target Cut to $400.00 by Analysts at Citigroup

Coinbase Global (NASDAQ:COIN) had its target price lowered by Citigroup from $505.00 to $400.00 in a research note issued to investors on Friday morning,MarketScreener reports. The brokerage currently has a buy rating on the cryptocurrency exchange’s stock.

A number of other research analysts have also recently issued reports on COIN. Rothschild & Co Redburn reduced their price objective on Coinbase Global from $404.00 to $403.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Raymond James Financial reiterated a “market perform” rating on shares of Coinbase Global in a research report on Thursday, January 8th. Monness Crespi & Hardt raised Coinbase Global from a “neutral” rating to a “buy” rating and set a $375.00 price objective for the company in a research report on Monday, November 10th. Deutsche Bank Aktiengesellschaft began coverage on shares of Coinbase Global in a report on Wednesday, December 17th. They set a “buy” rating and a $340.00 target price for the company. Finally, Erste Group Bank lowered shares of Coinbase Global from a “buy” rating to a “hold” rating in a research note on Thursday, November 20th. Twenty investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Coinbase Global presently has a consensus rating of “Moderate Buy” and a consensus price target of $348.08.

Coinbase Global Stock Up 13.0%

COIN stock opened at $165.12 on Friday. The stock has a 50-day simple moving average of $235.59 and a two-hundred day simple moving average of $293.01. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37. Coinbase Global has a twelve month low of $142.58 and a twelve month high of $444.64. The firm has a market capitalization of $44.52 billion, a PE ratio of 14.28 and a beta of 3.70.

Insider Buying and Selling

In other Coinbase Global news, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $271.87, for a total transaction of $10,874,800.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Frederick Ernest Ehrsam III sold 55,688 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $321.81, for a total value of $17,920,955.28. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 488,586 shares of company stock worth $137,640,636. 16.56% of the stock is owned by company insiders.

Hedge Funds Weigh In On Coinbase Global

A number of hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC lifted its stake in Coinbase Global by 24.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock worth $365,000 after purchasing an additional 413 shares in the last quarter. Empowered Funds LLC lifted its position in Coinbase Global by 25.8% during the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock worth $1,478,000 after buying an additional 1,761 shares in the last quarter. Focus Partners Wealth boosted its stake in Coinbase Global by 9.9% during the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after buying an additional 467 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Coinbase Global in the 2nd quarter valued at $285,000. Finally, US Bancorp DE boosted its position in shares of Coinbase Global by 25.6% during the 2nd quarter. US Bancorp DE now owns 9,280 shares of the cryptocurrency exchange’s stock valued at $3,253,000 after acquiring an additional 1,893 shares during the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Nevada regulators failed to get an immediate court order to stop Coinbase’s prediction markets, giving the company a short-term legal win and time to press its CFTC preemption defense. Cointelegraph — Nevada loses bid to halt Coinbase prediction markets
• Positive Sentiment: Coinbase officially launched Coinbase Predict across all 50 U.S. states — a product expansion that opens a new revenue stream beyond spot trading (partnership with Kalshi; regulatory path via Coinbase Financial Markets). The Merkle — Coinbase launches prediction market platform
• Positive Sentiment: Multiple analysts continue to express confidence in Coinbase’s growth prospects while flagging volume pressure — analyst commentary can cushion downside and support valuation in volatile crypto markets. Benzinga — Demystifying Coinbase: insights from 12 analyst reviews
• Neutral Sentiment: Data on short interest in early February appears anomalous/blank in the feed and shows no actionable change (watch official exchanges for accurate updates).
• Neutral Sentiment: Mixed ARK activity: small reported buys were offset by larger disclosed sells in separate filings — this creates headline volatility but ARK flows have been choppy and not a single directional driver. Blockonomi — Cathie Wood buys Coinbase & Circle during decline
• Neutral Sentiment: Market narrative explaining today’s uptick: coverage notes COIN is rallying intraday despite reported ARK sells — short-term technical/dip-buying dynamics may be in play. TipRanks — Why COIN is rising despite ARK dump
• Negative Sentiment: ARK Invest disclosed a ~$17M sale of Coinbase stock in recent filings — an institutional seller of this size adds downward pressure and fuels headline risk. Cointelegraph — ARK dumps $17M in Coinbase stock
• Negative Sentiment: Options flow shows unusually large put buying (roughly 524k puts), indicating traders are hedging or speculating on downside — puts at this scale typically increase near-term volatility.
• Negative Sentiment: The “Coinbase Premium” metric has fallen to yearly lows, signaling U.S. institutional selling of Bitcoin — weaker institutional demand for BTC pressures Coinbase’s trading volume and revenue. Cointelegraph — Coinbase premium hits yearly low
• Negative Sentiment: Analyst previews and coverage expect flat Q4 revenue / lower earnings headwinds ahead of earnings season, which keeps downside risk for shares if results miss. Zacks — COIN Q4 earnings expected to decline
• Negative Sentiment: Newly disclosed documents linking Jeffrey Epstein to early crypto figures (including mentions of early Coinbase investment connections) are a reputational/legal overhang that could attract media and regulatory scrutiny. Fortune — Epstein’s crypto ties and early Coinbase mentions

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.