Coinbase Global (NASDAQ:COIN) Price Target Raised to $263.00 at Rothschild & Co Redburn

Coinbase Global (NASDAQ:COIN) had its price objective lifted by equities research analysts at Rothschild & Co Redburn from $254.00 to $263.00 in a research report issued on Thursday,MarketScreener reports. The firm presently has a “buy” rating on the cryptocurrency exchange’s stock. Rothschild & Co Redburn’s target price would indicate a potential upside of 30.91% from the stock’s previous close.

A number of other research firms also recently commented on COIN. Monness Crespi & Hardt reiterated a “sell” rating and issued a $110.00 price objective (down from $115.00) on shares of Coinbase Global in a report on Friday, May 8th. Wedbush set a $224.00 price objective on shares of Coinbase Global in a report on Friday, May 8th. The Goldman Sachs Group raised their target price on Coinbase Global from $225.00 to $231.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Mizuho boosted their price target on shares of Coinbase Global from $170.00 to $200.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Citizens Jmp reduced their price objective on shares of Coinbase Global from $400.00 to $355.00 and set a “market outperform” rating on the stock in a report on Friday, April 10th. Nineteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $252.20.

Coinbase Global Price Performance

Shares of Coinbase Global stock traded down $0.90 on Thursday, reaching $200.90. The company’s stock had a trading volume of 1,775,294 shares, compared to its average volume of 11,542,443. Coinbase Global has a 52-week low of $139.36 and a 52-week high of $444.64. The company has a market capitalization of $53.05 billion, a P/E ratio of 75.53, a PEG ratio of 7.43 and a beta of 3.38. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40. The stock has a 50-day moving average price of $191.07 and a 200-day moving average price of $223.41.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings results on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) EPS for the quarter, missing the consensus estimate of $0.06 by ($1.55). Coinbase Global had a return on equity of 4.06% and a net margin of 12.20%.The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same period in the previous year, the firm posted $0.24 EPS. Coinbase Global’s revenue was down 30.5% compared to the same quarter last year. Analysts expect that Coinbase Global will post 1.78 EPS for the current year.

Insider Buying and Selling at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 10,020 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $200.00, for a total transaction of $2,004,000.00. Following the sale, the chief financial officer owned 377,201 shares in the company, valued at approximately $75,440,200. The trade was a 2.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 29,990 shares of company stock worth $6,013,920. Company insiders own 16.66% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

A number of hedge funds have recently made changes to their positions in COIN. REAP Financial Group LLC acquired a new position in Coinbase Global in the third quarter worth $25,000. MV Capital Management Inc. acquired a new position in shares of Coinbase Global during the fourth quarter worth approximately $27,000. Palisade Asset Management LLC acquired a new stake in shares of Coinbase Global in the third quarter valued at approximately $29,000. Osbon Capital Management LLC acquired a new position in Coinbase Global during the 4th quarter worth $30,000. Finally, Archer Investment Corp boosted its position in Coinbase Global by 546.4% in the 1st quarter. Archer Investment Corp now owns 181 shares of the cryptocurrency exchange’s stock valued at $32,000 after buying an additional 153 shares during the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Coinbase CEO Brian Armstrong is publicly backing the CLARITY Act ahead of a Senate markup, and the bill is being described as closer than ever to advancing. A clearer U.S. crypto regulatory framework could improve Coinbase’s long-term operating environment and support trading activity. Coinbase CEO Says CLARITY Is ‘Closer Than Ever’ — Here’s Why Crypto Investors Care
• Positive Sentiment: Several analysts raised price targets on Coinbase, including Mizuho and President Capital, signaling that some Wall Street firms see meaningful upside despite the recent earnings miss. Coinbase Global (NASDAQ:COIN) Price Target Raised to $200.00 at Mizuho
• Positive Sentiment: Coinbase continues expanding beyond trading, including infrastructure and lending initiatives such as x402 batch settlement for AI payments and Solana-backed crypto loans, which could broaden future revenue streams. Coinbase-backed x402 adds batch settlement for AI agent payments
• Neutral Sentiment: Jane Street reportedly increased Coinbase exposure while shifting more heavily into Ethereum, a mixed but still supportive signal for the stock from a major institutional trader. Jane Street Pivots Away from Bitcoin ETFs, Pours $82M into Ethereum Holdings
• Neutral Sentiment: Coinbase’s Ethereum validator report showed strong infrastructure performance, with 99.98% uptime and 4.5 million ETH staked, reinforcing its role in crypto network operations. Coinbase Validators Hit 99.98% Uptime With 4.5M ETH Staked Across 5 Countries
• Negative Sentiment: The biggest drag remains Coinbase’s Q1 earnings miss: revenue fell 30.5% year over year and EPS came in far below expectations, keeping pressure on the stock after the report. COIN Q1 Deep Dive: Product Diversification and AI Strategy Amid Crypto Market Headwinds
• Negative Sentiment: There is still uncertainty around the CLARITY Act, with prediction markets assigning lower odds of passage and banking/labor groups opposing parts of the bill, which tempers optimism on regulatory relief. Coinbase CEO Brian Armstrong Urges Senate To Pass CLARITY Act, But Prediction Markets Are Skeptical
• Negative Sentiment: News that Coinbase became Hyperliquid’s USDC treasury deployer was not enough to offset broader earnings concerns, and the stock was reported weaker around the time of the update. Coinbase (COIN) Stock Slides After Becoming Hyperliquid’s USDC Treasury Deployer

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.