Coinbase Global (NASDAQ:COIN) Price Target Raised to $310.00

Coinbase Global (NASDAQ:COIN) had its price objective upped by research analysts at The Goldman Sachs Group from $303.00 to $310.00 in a research note issued on Tuesday,MarketScreener reports. The firm currently has a “buy” rating on the cryptocurrency exchange’s stock. The Goldman Sachs Group’s target price suggests a potential upside of 35.92% from the stock’s current price.

A number of other research firms have also weighed in on COIN. Erste Group Bank lowered shares of Coinbase Global from a “buy” rating to a “hold” rating in a research report on Thursday, November 20th. Cantor Fitzgerald lowered their target price on shares of Coinbase Global from $459.00 to $320.00 and set an “overweight” rating on the stock in a report on Thursday, December 18th. Rothschild & Co Redburn dropped their price target on shares of Coinbase Global from $404.00 to $403.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Compass Point set a $230.00 price objective on shares of Coinbase Global in a research report on Monday, December 15th. Finally, Mizuho set a $280.00 price objective on Coinbase Global in a report on Tuesday, December 16th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Coinbase Global has an average rating of “Moderate Buy” and an average target price of $362.92.

Coinbase Global Price Performance

Shares of COIN opened at $228.07 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. Coinbase Global has a fifty-two week low of $142.58 and a fifty-two week high of $444.64. The firm has a 50-day simple moving average of $253.71 and a 200-day simple moving average of $309.42. The company has a market capitalization of $61.50 billion, a price-to-earnings ratio of 19.69 and a beta of 3.70.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings data on Thursday, October 30th. The cryptocurrency exchange reported $1.44 EPS for the quarter, beating the consensus estimate of $1.04 by $0.40. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the prior year, the business earned $0.28 EPS. The firm’s revenue was up 55.1% compared to the same quarter last year. On average, equities research analysts anticipate that Coinbase Global will post 7.22 earnings per share for the current year.

Insider Activity at Coinbase Global

In other news, CEO Brian Armstrong sold 40,000 shares of the firm’s stock in a transaction 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 legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frederick Ernest Ehrsam III sold 277,074 shares of Coinbase Global stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $309.92, for a total value of $85,870,774.08. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 820,587 shares of company stock valued at $240,717,580 in the last ninety days. Corporate insiders own 16.56% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in shares of Coinbase Global by 8.3% during the 3rd quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock worth $8,847,905,000 after purchasing an additional 2,007,930 shares in the last quarter. Geode Capital Management LLC increased its position in Coinbase Global by 46.1% during the second quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock worth $1,940,805,000 after buying an additional 1,755,146 shares in the last quarter. Norges Bank acquired a new position in shares of Coinbase Global in the second quarter worth $1,044,354,000. Northern Trust Corp raised its holdings in shares of Coinbase Global by 5.9% in the third quarter. Northern Trust Corp now owns 1,959,871 shares of the cryptocurrency exchange’s stock worth $661,437,000 after acquiring an additional 108,751 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Coinbase Global by 53.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,455,916 shares of the cryptocurrency exchange’s stock valued at $510,284,000 after acquiring an additional 504,068 shares in the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Major adoption win — Coinbase and Circle announced support for Bermuda’s plan to pilot a “fully on‑chain” national economy using USDC and Coinbase’s Base infrastructure, a potential long‑term revenue and usage driver if pilots scale. Bermuda partners with Coinbase and Circle for ‘fully onchain‘ economy
• Positive Sentiment: Analyst support — Bank of America upgraded COIN to Buy with a $340 target, citing expanding addressable market, recurring revenue (stablecoins, custody, Subscriptions & Services) and accelerating product rollouts. That upgrade provides a bullish analyst endorsement. Coinbase (COIN) Stock: Bank of America Upgrades to Buy at $340 Target
• Positive Sentiment: Long‑term TAM expansion — Coinbase research and Institute papers highlight tokenization and “on‑chain” markets as a new financial supercycle, arguing tokenized stocks/bonds could broaden market access and materially expand Coinbase’s addressable market. Coinbase Signals Next Financial Supercycle—Onchain Markets Poised to Reshape Global Wealth Creation
• Positive Sentiment: Brand & engagement push — Coinbase launched an NBA “Rookie Firsts” content series to deepen cultural reach with younger users, a marketing move that supports long‑term user acquisition and engagement on Base and the retail app. Coinbase Launches NBA Rookie Firsts Content Series Spotlighting the Next Generation of NBA Stars and the Future of Money
• Neutral Sentiment: Political outreach — CEO Brian Armstrong publicly congratulated newly elected governors and continues visible pro‑crypto advocacy; this may help policy access but has uncertain near‑term regulatory impact. New governors Abigail Spanberger, Mikie Sherrill congratulated by Brian Armstrong: Coinbase CEO calls it ‘another milestone’ for pro-crypto advocates
• Neutral Sentiment: Corporate messaging on relations with regulators — Coinbase denied a split with the White House amid Clarity Act divisions, which reduces one narrative of an immediate regulatory rift but leaves broader legislative uncertainty intact. Coinbase denies White House split claims as Clarity Act divisions deepen
• Negative Sentiment: Security/reputational risk — A CNBC piece details a sophisticated phishing call that nearly allowed an account takeover; even if Coinbase systems weren’t breached, such stories can dent user trust and retention if incidents rise. How my Coinbase account was almost stolen
• Negative Sentiment: Macro/crypto drag — Coverage notes that Bitcoin weakness is pressuring Coinbase’s trading volumes and revenues; crypto market pullbacks remain the clearest short‑term downside risk for COIN. Bitcoin Weakness Weighs on Coinbase: Diversification Offers Support?
• Negative Sentiment: Regulatory/legislative friction — CEO criticized banks’ tactics and Coinbase withdrew support for a crypto bill after issues in its draft text surfaced; that episode highlights ongoing legislative uncertainty which can delay favorable rules. Coinbase CEO Calls for Fair Competition Between Banks and Stablecoins

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.