Mizuho Issues Pessimistic Forecast for Coinbase Global (NASDAQ:COIN) Stock Price

Coinbase Global (NASDAQ:COIN) had its target price reduced by stock analysts at Mizuho from $280.00 to $170.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the cryptocurrency exchange’s stock. Mizuho’s target price would suggest a potential upside of 3.46% from the company’s current price.

Other equities research analysts have also recently issued reports about the company. Robert W. Baird set a $165.00 price target on Coinbase Global in a report on Friday. Jefferies Financial Group reduced their price objective on shares of Coinbase Global from $268.00 to $151.00 and set a “hold” rating on the stock in a research report on Friday. Argus restated a “hold” rating on shares of Coinbase Global in a research report on Tuesday, November 25th. Compass Point decreased their price target on shares of Coinbase Global from $230.00 to $190.00 and set a “sell” rating on the stock in a research note on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $250.00 price objective on Coinbase Global in a research report on Friday. Nineteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $288.18.

Coinbase Global Stock Performance

NASDAQ:COIN opened at $164.32 on Tuesday. Coinbase Global has a 52-week low of $139.36 and a 52-week high of $444.64. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. The firm has a market capitalization of $44.31 billion, a PE ratio of 37.43 and a beta of 3.70. The stock has a 50-day simple moving average of $222.29 and a two-hundred day simple moving average of $282.04.

Coinbase Global (NASDAQ:COIN) last released its 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). The firm had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The company’s revenue was down 21.6% compared to the same quarter last year. During the same period in the prior year, the company posted $4.68 earnings per share. Analysts forecast that Coinbase Global will post 7.22 EPS for the current year.

Insider Activity

In related news, CFO Alesia J. Haas sold 364,600 shares of Coinbase Global stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $154.95, for a total transaction of $56,494,770.00. Following the completion of the transaction, the chief financial officer directly 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $250.27, for a total transaction of $344,121.25. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 578,014 shares of company stock valued at $111,392,947. 16.56% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in Coinbase Global by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 26,400,836 shares of the cryptocurrency exchange’s stock worth $5,970,285,000 after purchasing an additional 184,043 shares in the last quarter. Geode Capital Management LLC lifted its stake in Coinbase Global by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 6,098,062 shares of the cryptocurrency exchange’s stock worth $1,374,080,000 after acquiring an additional 189,080 shares during the period. Paradigm Operations LP increased its position in Coinbase Global by 3.3% during the 4th quarter. Paradigm Operations LP now owns 4,262,458 shares of the cryptocurrency exchange’s stock valued at $963,912,000 after purchasing an additional 134,425 shares during the period. Norges Bank bought a new stake in shares of Coinbase Global in the 2nd quarter valued at about $1,044,354,000. Finally, ARK Investment Management LLC raised its holdings in shares of Coinbase Global by 6.1% in the 4th quarter. ARK Investment Management LLC now owns 2,541,928 shares of the cryptocurrency exchange’s stock valued at $574,832,000 after purchasing an additional 146,388 shares in the last quarter. 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: Management’s push to diversify revenue beyond transaction fees is being praised by analysts and media; this reduces reliance on volatile trading volumes and supports a steadier long‑term revenue profile. Read More.
• Positive Sentiment: Coinbase reports retail users have been “buying the dip” in BTC/ETH, which suggests stronger user engagement and potential stability in trading volumes when prices rebound. CEO commentary reinforcing long‑term customer conviction is a bullish user‑behavior signal. Read More.
• Positive Sentiment: Earnings‑call takeaways emphasize diversification and product innovation (subscriptions, services, stablecoins), which management frames as the path to margin recovery even after a soft quarter. That narrative can support a re‑rating if execution continues. Read More.
• Positive Sentiment: Macro tailwind: a global survey shows stablecoins gaining everyday use — this supports Coinbase’s stablecoin and payments ambitions and could help non‑transaction revenue over time. Read More.
• Neutral Sentiment: Analyst coverage and “trending stock” commentary are creating noise; Wall Street views remain mixed and changes in ratings could swing sentiment but don’t yet alter fundamentals. Read More.
• Neutral Sentiment: Data on short interest posted a large spike notification but shows inconsistent/zero values — appears to be a data glitch rather than a confirmed short‑squeeze signal; treat short‑interest headlines cautiously.
• Neutral Sentiment: New stablecoin entrants and ecosystem developments (USD1’s early traction, Mar‑a‑Lago summit mentions) broaden market interest in stablecoins but increase competition and political/regulatory attention. Read More.
• Negative Sentiment: Coinbase’s Q4 results missed revenue and EPS estimates; transaction fee declines and a net loss raised near‑term growth and profitability concerns — the miss is the primary driver of today’s downward pressure. Read More.
• Negative Sentiment: Insider selling headlines (large disclosed sales by executives) are weighing on sentiment — sizable insider sales often trigger investor concern about near‑term outlook or personal liquidity needs. Read More.
• Negative Sentiment: Regulatory/PR friction: CEO comments on stablecoin rewards and related legislative debate have drawn criticism and could keep regulatory risk in focus, which can pressure multiples for U.S.-listed crypto firms. Read More.

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.