Coinbase Global (NASDAQ:COIN) Price Target Lowered to $301.50 at China Renaissance

Coinbase Global (NASDAQ:COIN) had its target price dropped by investment analysts at China Renaissance from $479.30 to $301.50 in a research note issued to investors on Wednesday,MarketScreener reports. The brokerage presently has a “buy” rating on the cryptocurrency exchange’s stock. China Renaissance’s price target suggests a potential upside of 26.00% from the stock’s previous close.

Several other equities research analysts have also issued reports on COIN. Citigroup reissued a “market outperform” rating on shares of Coinbase Global in a research note on Thursday, December 18th. Oppenheimer lowered their price target on Coinbase Global from $381.00 to $370.00 and set an “outperform” rating on the stock in a research report on Monday. Barclays dropped their price objective on Coinbase Global from $291.00 to $258.00 and set an “equal weight” rating on the stock in a report on Thursday, January 8th. Needham & Company LLC reduced their target price on Coinbase Global from $400.00 to $290.00 and set a “buy” rating for the company in a research note on Monday, December 29th. Finally, Redburn Partners set a $417.00 target price on Coinbase Global in a research report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $362.72.

Coinbase Global Stock Performance

Shares of NASDAQ COIN traded down $16.58 during midday trading on Wednesday, reaching $239.28. 11,956,230 shares of the stock were exchanged, compared to its average volume of 8,955,647. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37. The firm has a market cap of $64.52 billion, a price-to-earnings ratio of 20.70 and a beta of 3.70. The firm has a 50-day simple moving average of $259.25 and a two-hundred day simple moving average of $312.87. Coinbase Global has a twelve month low of $142.58 and a twelve month high of $444.64.

Coinbase Global (NASDAQ:COIN) last posted its earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.40. The firm had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Coinbase Global had a net margin of 41.99% and a return on equity of 15.70%. The business’s revenue was up 55.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.28 EPS. As a group, analysts anticipate that Coinbase Global will post 7.22 EPS for the current fiscal year.

Insider Buying and Selling at Coinbase Global

In other news, COO Emilie Choi sold 100,000 shares of the stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $310.88, for a total value of $31,088,000.00. Following the completion of the sale, the chief operating officer directly owned 187,802 shares in the company, valued at $58,383,885.76. This represents a 34.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $271.87, for a total transaction of $10,874,800.00. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 808,412 shares of company stock worth $237,645,711. Corporate insiders own 16.56% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Coinbase Global by 8.3% during the 3rd quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock valued at $8,847,905,000 after buying an additional 2,007,930 shares during the period. Geode Capital Management LLC grew its position in Coinbase Global by 46.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock valued at $1,940,805,000 after acquiring an additional 1,755,146 shares in the last quarter. Norges Bank acquired a new position in shares of Coinbase Global in the second quarter valued at approximately $1,044,354,000. Northern Trust Corp increased its position in shares of Coinbase Global by 5.9% during the third quarter. Northern Trust Corp now owns 1,959,871 shares of the cryptocurrency exchange’s stock worth $661,437,000 after acquiring an additional 108,751 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Coinbase Global by 53.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,455,916 shares of the cryptocurrency exchange’s stock valued at $510,284,000 after purchasing an additional 504,068 shares during the period. Hedge funds and other institutional investors own 68.84% of the company’s stock.

Coinbase Global News Roundup

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

• Positive Sentiment: CEO’s Washington influence — major outlets note Armstrong’s intervention stopped a Senate committee vote, demonstrating Coinbase’s clout; investors may view the company as able to shape policy outcomes in its favor over time. Coinbase, the Biggest U.S. Crypto Company, Asserts Its Power in Washington
• Positive Sentiment: Business win — Sharps Technology selected Coinbase to launch a Solana validator, a modest product/partnership positive for product adoption and fees. Sharps Technology Taps Coinbase to Launch Solana Validator
• Neutral Sentiment: Senate bill markup paused — the Digital Asset Market Clarity Act markup was pulled after industry pushback; pause could lead to a better-drafted bill or prolonged regulatory uncertainty. Crypto Market Structure Bill Paused: Senate Banking Cancels Markup
• Negative Sentiment: Coinbase withdrew support for the Senate crypto bill — Armstrong said the draft is “materially worse than the status quo,” a move that spurred headlines and investor concern about an unclear regulatory path. Coinbase cannot support crypto bill in current form, CEO Armstrong says
• Negative Sentiment: Q4 crypto slump and fund outflows — ARK’s Q4 report flagged Coinbase as a top detractor after crypto weakness and lower centralized-exchange volumes, increasing downside pressure on COIN shares. Crypto slump hits ARK ETFs in Q4, Coinbase becomes top detractor
• Negative Sentiment: Valuation and profit forecast concerns — analysts warn COIN trades at a premium while consensus expects a material earnings decline in 2026; some firms issued cautious/pessimistic outlooks. COIN Loses 8.4% in a Year, Trades at a Premium: How to Play the Stock
• Negative Sentiment: Insider/holder selling reported — filings show a notable holder sold shares, a near-term technical negative for sentiment. Coinbase Global (NASDAQ:COIN) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

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.