Rothschild & Co Redburn Cuts Coinbase Global (NASDAQ:COIN) Price Target to $403.00

Coinbase Global (NASDAQ:COIN) had its price objective lowered by Rothschild & Co Redburn from $404.00 to $403.00 in a research report sent to investors on Friday,MarketScreener reports. The brokerage currently has a buy rating on the cryptocurrency exchange’s stock.

Other analysts have also issued reports about the company. President Capital boosted their price target on Coinbase Global from $401.00 to $472.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. The Goldman Sachs Group upgraded Coinbase Global from a “neutral” rating to a “buy” rating and set a $303.00 target price on the stock in a research note on Monday, January 5th. Wall Street Zen downgraded Coinbase Global from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Redburn Partners set a $417.00 price objective on shares of Coinbase Global in a report on Friday, October 3rd. Finally, BTIG Research reissued a “buy” rating and issued a $420.00 price objective on shares of Coinbase Global in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $362.68.

Coinbase Global Stock Up 0.8%

Coinbase Global stock opened at $241.15 on Friday. The company has a 50 day moving average of $256.77 and a 200-day moving average of $311.13. 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 has a twelve month low of $142.58 and a twelve month high of $444.64. The stock has a market capitalization of $65.02 billion, a PE ratio of 20.86 and a beta of 3.70.

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

Insider Activity at Coinbase Global

In related news, Director Frederick Ernest Ehrsam III sold 277,074 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $309.92, for a total transaction of $85,870,774.08. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Emilie Choi sold 100,000 shares of the stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $310.88, for a total transaction of $31,088,000.00. Following the completion of the sale, the chief operating officer owned 187,802 shares of the company’s stock, valued at approximately $58,383,885.76. This represents a 34.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 820,587 shares of company stock valued at $240,717,580. 16.56% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Coinbase Global

Several hedge funds have recently bought and sold shares of the company. Cadent Capital Advisors LLC grew its position in shares of Coinbase Global by 1.0% in the second quarter. Cadent Capital Advisors LLC now owns 3,162 shares of the cryptocurrency exchange’s stock valued at $1,108,000 after purchasing an additional 30 shares during the last quarter. Ameriflex Group Inc. boosted its stake in Coinbase Global by 20.0% in the 2nd quarter. Ameriflex Group Inc. now owns 180 shares of the cryptocurrency exchange’s stock valued at $68,000 after purchasing an additional 30 shares during the period. Capital Advisors Wealth Management LLC grew its holdings in Coinbase Global by 2.0% in the 3rd quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock valued at $523,000 after buying an additional 30 shares in the last quarter. Elevation Wealth Partners LLC increased its position in Coinbase Global by 37.6% during the 3rd quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock worth $39,000 after buying an additional 32 shares during the period. Finally, West Family Investments Inc. increased its position in Coinbase Global by 3.3% during the 3rd quarter. West Family Investments Inc. now owns 1,029 shares of the cryptocurrency exchange’s stock worth $347,000 after buying an additional 33 shares during the period. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: CEO Brian Armstrong has actively lobbied to preserve stablecoin rewards and says the stalled Senate markup can be rescheduled — a sign management is defending key revenue drivers and continuing negotiations with lawmakers. Article Title
• Positive Sentiment: Some sell-side support remains: China Renaissance kept a buy rating (while lowering its PT), and Daiwa reaffirmed a buy — indicating some analysts still see upside over the medium term. Article Title
• Neutral Sentiment: Wider coverage frames Coinbase as exercising influence in Washington; CEO statements and profiles (NYT, Fortune) reinforce the company’s strategic positioning even as regulatory uncertainty lingers. Article Title
• Negative Sentiment: Coinbase pulled support for the CLARITY/market-structure bill, triggering a postponed Senate markup and a sharp selloff across crypto-related stocks — this increases near-term regulatory uncertainty and investor risk. Article Title
• Negative Sentiment: Insider selling: CFO Alesia Haas sold 8,050 shares (~$2.01M) and director Frederick Ehrsam sold multiple blocks (1,375 and 2,750 shares) in mid-January — visible insider exits that can hurt sentiment. SEC filings disclosed the trades. CFO Form 4 Director Form 4
• Negative Sentiment: Market positioning and analyst moves: Jefferies cut its price target to $268 (hold), and other firms trimmed targets — tighter analyst expectations increase near-term downside risk. Article Title
• Negative Sentiment: Options and flow signal rising bearish bets: unusually large put volume (≈354,875 puts) indicates elevated short/bearish positioning and hedging activity. No link provided

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.