Coinbase Global (NASDAQ:COIN) Price Target Lowered to $170.00 at Mizuho

Coinbase Global (NASDAQ:COIN) had its target price lowered by equities researchers at Mizuho from $280.00 to $170.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the cryptocurrency exchange’s stock. Mizuho’s target price indicates a potential upside of 3.46% from the company’s current price.

COIN has been the topic of several other research reports. Citigroup dropped their price target on Coinbase Global from $505.00 to $400.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Monness Crespi & Hardt downgraded shares of Coinbase Global from a “buy” rating to a “neutral” rating and set a $120.00 price objective on the stock. in a report on Thursday, February 12th. Argus reissued a “hold” rating on shares of Coinbase Global in a report on Tuesday, November 25th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $440.00 price target on shares of Coinbase Global in a report on Tuesday, January 6th. Finally, Benchmark reduced their price objective on Coinbase Global from $421.00 to $267.00 and set a “buy” rating for the company in a research note on Friday. Nineteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $288.18.

Coinbase Global Price Performance

Shares of COIN opened at $164.32 on Tuesday. The company has a 50 day moving average of $222.29 and a two-hundred day moving average of $282.04. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40. Coinbase Global has a twelve month low of $139.36 and a twelve month high of $444.64. The company has a market cap of $44.31 billion, a price-to-earnings ratio of 37.43 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.17). The business had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.86 billion. Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.Coinbase Global’s revenue was down 21.6% compared to the same quarter last year. During the same period in the prior year, the business posted $4.68 EPS. As a group, analysts predict that Coinbase Global will post 7.22 earnings per share for the current fiscal year.

Insider Activity

In other Coinbase Global news, CEO Brian Armstrong sold 40,000 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $248.96, for a total transaction of $9,958,400.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Alesia J. Haas sold 364,600 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $154.95, for a total transaction of $56,494,770.00. Following the transaction, the chief financial officer owned 402,165 shares of the company’s stock, valued at approximately $62,315,466.75. This trade represents a 47.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 578,014 shares of company stock worth $111,392,947 over the last three months. 16.56% of the stock is currently owned by corporate insiders.

Institutional Trading of Coinbase Global

A number of institutional investors have recently made changes to their positions in COIN. Bessemer Group Inc. grew its holdings in shares of Coinbase Global by 672.2% in the second quarter. Bessemer Group Inc. now owns 1,166 shares of the cryptocurrency exchange’s stock valued at $408,000 after purchasing an additional 1,015 shares in the last quarter. SP Asset Management LLC purchased a new position in Coinbase Global in the second quarter valued at $360,000. New York Life Investment Management LLC increased its holdings in Coinbase Global by 890.8% during the 2nd quarter. New York Life Investment Management LLC now owns 31,479 shares of the cryptocurrency exchange’s stock worth $11,033,000 after purchasing an additional 28,302 shares during the period. Atria Investments Inc acquired a new stake in Coinbase Global in the 2nd quarter valued at about $1,137,000. Finally, FengHe Fund Management Pte. Ltd. grew its position in shares of Coinbase Global by 119.1% during the third quarter. FengHe Fund Management Pte. Ltd. now owns 69,900 shares of the cryptocurrency exchange’s stock worth $23,591,000 after buying an additional 38,000 shares in the last quarter. 68.84% of the stock is owned by institutional investors and hedge funds.

Key Coinbase Global News

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.

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.