Coinbase Global (NASDAQ:COIN) Price Target Cut to $240.00 by Analysts at Rosenblatt Securities

Coinbase Global (NASDAQ:COIN) had its price objective lowered by Rosenblatt Securities from $325.00 to $240.00 in a report published on Friday morning,Benzinga reports. Rosenblatt Securities currently has a buy rating on the cryptocurrency exchange’s stock.

Other equities analysts also recently issued research reports about the stock. Benchmark reaffirmed a “buy” rating on shares of Coinbase Global in a report on Friday, October 31st. Wall Street Zen lowered shares of Coinbase Global from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. Erste Group Bank lowered shares of Coinbase Global from a “buy” rating to a “hold” rating in a research note on Thursday, November 20th. Argus restated a “hold” rating on shares of Coinbase Global in a research note on Tuesday, November 25th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Coinbase Global in a research report on Wednesday, December 17th. They set a “buy” rating and a $340.00 price target on the stock. Nineteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Coinbase Global has an average rating of “Moderate Buy” and an average price target of $291.85.

Coinbase Global Stock Up 16.5%

Shares of Coinbase Global stock opened at $164.32 on Friday. The business has a 50-day moving average price of $224.49 and a 200 day moving average price of $284.81. Coinbase Global has a fifty-two week low of $139.36 and a fifty-two week high of $444.64. The firm has a market cap of $44.31 billion, a P/E ratio of 37.43 and a beta of 3.70. 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 (NASDAQ:COIN) last issued its earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.17). Coinbase Global had a return on equity of 9.01% and a net margin of 17.55%.The firm had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the previous year, the business posted $4.68 EPS. Coinbase Global’s revenue was down 21.6% compared to the same quarter last year. On average, sell-side analysts forecast that Coinbase Global will post 7.22 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $271.87, for a total value of $10,874,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Paul Grewal sold 11,955 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $246.18, for a total value of $2,943,081.90. Following the completion of the sale, the insider owned 75,811 shares in the company, valued at approximately $18,663,151.98. This represents a 13.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 672,498 shares of company stock valued at $137,109,701. Corporate insiders own 16.56% of the company’s stock.

Institutional Investors Weigh In On Coinbase Global

Several institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC raised its position in shares of Coinbase Global by 24.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock worth $365,000 after buying an additional 413 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Coinbase Global by 25.8% in the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock valued at $1,478,000 after acquiring an additional 1,761 shares in the last quarter. Focus Partners Wealth increased its stake in shares of Coinbase Global by 9.9% during the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock valued at $896,000 after acquiring an additional 467 shares during the period. Sivia Capital Partners LLC bought a new stake in Coinbase Global during the second quarter worth approximately $285,000. Finally, Apollon Wealth Management LLC bought a new stake in Coinbase Global during the second quarter worth approximately $208,000. Institutional investors and hedge funds own 68.84% of the company’s stock.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Short‑term buying momentum: traders are buying the post‑earnings drop and the stock has bounced off prior support levels, leading to a sharp intraday rebound even after the Q4 miss. Read More.
• Positive Sentiment: Operational and product positives: Coinbase highlights doubling crypto trading market share in 2025, subscription strength and new initiatives (Agentic/AI wallets) that diversify revenue and address longer‑term growth. Read More.
• Neutral Sentiment: Analyst reaction is mixed: many firms cut price targets and trimmed estimates (wide dispersion of PTs), leaving both upside and downside scenarios for investors to weigh. Read More.
• Neutral Sentiment: Short‑interest data in some feeds shows 0 shares (days‑to‑cover 0.0) — the reporting appears unreliable and provides no clear short‑squeeze signal.
• Negative Sentiment: Q4 miss and first quarterly loss in two years: Coinbase reported a $667M net loss, revenue down ~21% Y/Y and EPS below estimates — the core trading business remains sensitive to crypto price moves. Read More.
• Negative Sentiment: Insider selling raises governance/sentiment concerns: reporting shows large stock sales by CEO Brian Armstrong (reported ~$550M) and a CFO sale (~$56M), which can weigh on investor confidence. Read More. Read More.
• Negative Sentiment: Operational hiccup: a brief platform outage affected buy/sell/transfer functionality around the earnings release, spotlighting execution risk. 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.