Citigroup Cuts Coinbase Global (NASDAQ:COIN) Price Target to $400.00

Coinbase Global (NASDAQ:COIN) had its price target cut by Citigroup from $505.00 to $400.00 in a research note released on Friday,MarketScreener reports. They currently have a buy rating on the cryptocurrency exchange’s stock.

Other analysts also recently issued research reports about the stock. China Renaissance dropped their price target on shares of Coinbase Global from $479.30 to $301.50 and set a “buy” rating on the stock in a report on Wednesday, January 14th. Rothschild & Co Redburn dropped their target price on shares of Coinbase Global from $404.00 to $403.00 and set a “buy” rating on the stock in a report on Friday, January 16th. Sanford C. Bernstein reiterated an “outperform” rating and set a $440.00 target price on shares of Coinbase Global in a research note on Tuesday, January 6th. B. Riley Financial raised their price target on Coinbase Global from $185.00 to $243.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Finally, Benchmark reiterated a “buy” rating on shares of Coinbase Global in a research report on Friday, October 31st. Twenty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Coinbase Global currently has a consensus rating of “Moderate Buy” and a consensus target price of $348.08.

Coinbase Global Stock Performance

NASDAQ:COIN opened at $165.12 on Friday. The stock has a market cap of $44.52 billion, a P/E ratio of 14.28 and a beta of 3.70. Coinbase Global has a twelve month low of $142.58 and a twelve month high of $444.64. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.37. The firm’s fifty day simple moving average is $235.59 and its 200 day simple moving average is $291.49.

Insider Buying and Selling

In other Coinbase Global news, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $248.96, for a total value of $9,958,400.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Alesia J. Haas sold 8,050 shares of Coinbase Global stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $250.00, for a total value of $2,012,500.00. Following the completion of the sale, the chief financial officer owned 70,664 shares of the company’s stock, valued at $17,666,000. The trade was a 10.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 407,898 shares of company stock worth $111,702,931 over the last three months. 16.56% of the stock is owned by insiders.

Institutional Trading of Coinbase Global

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in Coinbase Global by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 26,400,836 shares of the cryptocurrency exchange’s stock worth $5,970,285,000 after purchasing an additional 184,043 shares during the period. Geode Capital Management LLC raised its holdings 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 purchasing an additional 1,755,146 shares in the last quarter. Norges Bank purchased a new stake in Coinbase Global in the second quarter valued at $1,044,354,000. Northern Trust Corp boosted its position in shares of Coinbase Global by 5.9% in the 3rd quarter. Northern Trust Corp now owns 1,959,871 shares of the cryptocurrency exchange’s stock valued at $661,437,000 after purchasing an additional 108,751 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Coinbase Global by 53.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,455,916 shares of the cryptocurrency exchange’s stock worth $510,284,000 after acquiring an additional 504,068 shares during the last quarter. Hedge funds and other institutional investors 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: Nevada regulators failed to get an immediate court order to stop Coinbase’s prediction markets, giving the company a short-term legal win and time to press its CFTC preemption defense. Cointelegraph — Nevada loses bid to halt Coinbase prediction markets
• Positive Sentiment: Coinbase officially launched Coinbase Predict across all 50 U.S. states — a product expansion that opens a new revenue stream beyond spot trading (partnership with Kalshi; regulatory path via Coinbase Financial Markets). The Merkle — Coinbase launches prediction market platform
• Positive Sentiment: Multiple analysts continue to express confidence in Coinbase’s growth prospects while flagging volume pressure — analyst commentary can cushion downside and support valuation in volatile crypto markets. Benzinga — Demystifying Coinbase: insights from 12 analyst reviews
• Neutral Sentiment: Data on short interest in early February appears anomalous/blank in the feed and shows no actionable change (watch official exchanges for accurate updates).
• Neutral Sentiment: Mixed ARK activity: small reported buys were offset by larger disclosed sells in separate filings — this creates headline volatility but ARK flows have been choppy and not a single directional driver. Blockonomi — Cathie Wood buys Coinbase & Circle during decline
• Neutral Sentiment: Market narrative explaining today’s uptick: coverage notes COIN is rallying intraday despite reported ARK sells — short-term technical/dip-buying dynamics may be in play. TipRanks — Why COIN is rising despite ARK dump
• Negative Sentiment: ARK Invest disclosed a ~$17M sale of Coinbase stock in recent filings — an institutional seller of this size adds downward pressure and fuels headline risk. Cointelegraph — ARK dumps $17M in Coinbase stock
• Negative Sentiment: Options flow shows unusually large put buying (roughly 524k puts), indicating traders are hedging or speculating on downside — puts at this scale typically increase near-term volatility.
• Negative Sentiment: The “Coinbase Premium” metric has fallen to yearly lows, signaling U.S. institutional selling of Bitcoin — weaker institutional demand for BTC pressures Coinbase’s trading volume and revenue. Cointelegraph — Coinbase premium hits yearly low
• Negative Sentiment: Analyst previews and coverage expect flat Q4 revenue / lower earnings headwinds ahead of earnings season, which keeps downside risk for shares if results miss. Zacks — COIN Q4 earnings expected to decline
• Negative Sentiment: Newly disclosed documents linking Jeffrey Epstein to early crypto figures (including mentions of early Coinbase investment connections) are a reputational/legal overhang that could attract media and regulatory scrutiny. Fortune — Epstein’s crypto ties and early Coinbase mentions

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.