Piper Sandler Has Lowered Expectations for Coinbase Global (NASDAQ:COIN) Stock Price

Coinbase Global (NASDAQ:COIN) had its target price cut by analysts at Piper Sandler from $270.00 to $150.00 in a research note issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the cryptocurrency exchange’s stock. Piper Sandler’s price target would indicate a potential downside of 3.14% from the stock’s current price.

Several other research analysts also recently issued reports on COIN. Rosenblatt Securities reduced their price target on shares of Coinbase Global from $325.00 to $240.00 and set a “buy” rating on the stock in a research report on Friday. Sanford C. Bernstein reissued an “outperform” rating and set a $440.00 price target on shares of Coinbase Global in a research note on Tuesday, January 6th. China Renaissance dropped their price objective on shares of Coinbase Global from $479.30 to $301.50 and set a “buy” rating for the company in a research report on Wednesday, January 14th. Cantor Fitzgerald lowered 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. Finally, Robert W. Baird set a $240.00 target price on shares of Coinbase Global and gave the company a “neutral” rating in a research report on Tuesday, January 27th. Nineteen 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $299.88.

Coinbase Global Trading Up 9.8%

Coinbase Global stock opened at $154.86 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. The business’s 50-day simple moving average is $226.59 and its 200-day simple moving average is $286.30. The firm has a market capitalization of $41.76 billion, a PE ratio of 13.16 and a beta of 3.70. Coinbase Global has a 52 week low of $139.36 and a 52 week high of $444.64.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). The business had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.86 billion. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The firm’s revenue for the quarter was down 21.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.68 EPS. Equities research analysts forecast that Coinbase Global will post 7.22 earnings per share for the current year.

Insider Activity

In related news, CEO Brian Armstrong sold 40,000 shares of Coinbase Global stock in a transaction that occurred 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 document filed with the SEC, which can be accessed through this link. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the company’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 SEC filing for this sale provides additional information. Over the last quarter, insiders sold 672,498 shares of company stock valued at $137,109,701. Company insiders own 16.56% of the company’s stock.

Institutional Investors Weigh In On Coinbase Global

Several hedge funds and other institutional investors have recently modified their holdings of COIN. REAP Financial Group LLC purchased a new position in shares of Coinbase Global during the third quarter valued at about $25,000. Evelyn Partners Investment Management Europe Ltd grew 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 acquiring an additional 36 shares in the last quarter. Palisade Asset Management LLC purchased a new position in Coinbase Global during the 3rd quarter worth $29,000. Cullen Frost Bankers Inc. bought a new position in Coinbase Global during the 2nd quarter worth about $30,000. Finally, Salomon & Ludwin LLC raised 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 hedge funds and other institutional investors.

More Coinbase Global News

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

• Positive Sentiment: Regulatory engagement — Coinbase executives were named to the CFTC’s 35-member Innovation Advisory Committee, which could help shape favorable, clearer rules for U.S. crypto markets. CFTC adds Coinbase execs to advisory committee
• Positive Sentiment: Product innovation — Coinbase launched “Agentic” AI wallets (wallet infrastructure that lets AI agents hold and act with funds), positioning the company to capture new on‑chain activity and developer revenue streams. This supports longer‑term diversification beyond spot trading fees. Coinbase unveils AI agent wallets
• Positive Sentiment: Operational wins in 2025 — Coinbase’s shareholder letter says it doubled total & crypto trading-volume market share in 2025 and outlines longer-term plans (stablecoins, on‑chain growth, capital returns), which supports the strategic narrative for diversification. Business Wire: Coinbase shareholder letter
• Neutral Sentiment: Analyst views remain mixed — several firms cut price targets but left “buy” ratings (Canaccord, Rosenblatt, Needham), signaling continued conviction in long‑term upside despite near‑term headwinds. The Fly: Canaccord lowers PT but keeps buy
• Neutral Sentiment: After‑hours chop — despite the misses, the stock saw pockets of buying in after‑hours trade, reflecting split views between short‑term reaction and longer-term optimism. Blockonomi: after-hours movement
• Negative Sentiment: Earnings miss & first quarterly loss in two years — Coinbase reported Q4 EPS $0.66 (miss) and a $667M net loss; revenue fell ~21.5% Y/Y to $1.78B and transaction revenue plunged, reflecting the crypto market downturn. Those numbers are the primary catalyst for the negative move. Cointelegraph: Q4 loss and revenue fall
• Negative Sentiment: Service disruption — a brief platform outage that halted buys/sells/transfers heightened operational risk concerns and likely amplified selling pressure around the earnings release. Blockonomi: platform outage
• Negative Sentiment: Insider selling scrutiny — reports that CEO Brian Armstrong sold ~$545–$550M of stock (and the CFO sold ~ $56M) are fueling governance/insider‑sentiment concerns that weigh on investor confidence. Blockonomi: Armstrong stock sales AmericanBankingNews: CFO sale
• Negative Sentiment: Analyst/estimate cuts and downgrades — multiple firms (JPMorgan, HC Wainwright, others) trimmed price targets and sharply cut EPS forecasts for 2025–26, increasing near‑term downside risk and pressuring sentiment. Yahoo Finance: JPMorgan cuts PT StreetInsider: H.C. Wainwright trims estimates
• Negative Sentiment: Legal/activist noise — shareholder‑advice firms have circulated notices encouraging contact (potential litigation or scrutiny), adding another headline risk layer. GlobeNewsWire: shareholder outreach

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.