Coinbase Global, Inc. (NASDAQ:COIN) Receives Average Recommendation of “Moderate Buy” from Brokerages

Coinbase Global, Inc. (NASDAQ:COIN) has received a consensus recommendation of “Moderate Buy” from the thirty-two analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation and nineteen have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $331.5833.

COIN has been the topic of several research reports. Wall Street Zen downgraded shares of Coinbase Global from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. Piper Sandler reduced their price target on Coinbase Global from $350.00 to $270.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. China Renaissance decreased their price objective on shares of Coinbase Global from $479.30 to $301.50 and set a “buy” rating for the company in a report on Wednesday, January 14th. Oppenheimer lowered their target price on Coinbase Global from $381.00 to $370.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Coinbase Global from $399.00 to $290.00 and set an “overweight” rating on the stock in a research report on Tuesday.

Coinbase Global Trading Down 7.9%

Shares of Coinbase Global stock opened at $141.09 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. The stock has a market capitalization of $38.04 billion, a P/E ratio of 12.21 and a beta of 3.70. Coinbase Global has a 52-week low of $139.36 and a 52-week high of $444.64. The stock’s 50-day simple moving average is $226.59 and its 200 day simple moving average is $286.30.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The firm had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.86 billion. During the same period in the previous year, the company posted $4.68 earnings per share. The company’s quarterly revenue was down 21.6% compared to the same quarter last year. As a group, research analysts anticipate that Coinbase Global will post 7.22 EPS for the current year.

Key Stories Impacting Coinbase Global

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

• Positive Sentiment: Company says 2025 trading volume and crypto trading‑volume market share doubled — evidence of stronger user activity that could support rebound in fee revenue if crypto prices stabilize. BusinessWire: Coinbase doubles trading volume & market share
• Positive Sentiment: New product rollout — Coinbase launched “Agentic Wallets” for AI agents, signaling product innovation and potential new revenue streams over time. Cointelegraph: Coinbase unveils AI agent wallets
• Neutral Sentiment: Options market was pricing for a large post‑earnings swing (~9%); that implies high volatility and makes after‑hours moves potentially outsized relative to fundamentals. TipRanks: Options market implied swing
• Negative Sentiment: Q4 earnings missed expectations: EPS reported $0.66 vs. consensus ~ $0.83–$0.92; company posted a $667M net loss and revenue fell ~21.5% Y/Y to $1.78B — primary driver of the selloff. Cointelegraph: Coinbase reports $667M loss
• Negative Sentiment: Platform disruption: a service outage temporarily prevented some users from buying, selling or transferring crypto — raises operational concerns and likely worsened short‑term trading activity. Blockonomi: Coinbase outage halts trades
• Negative Sentiment: Analyst pressure and price‑target cuts (JPMorgan cut PT to $290, others trimmed forecasts) and at least one downgrade ahead of earnings increased selling pressure. Yahoo Finance: JPMorgan cuts PT
• Negative Sentiment: Insider selling: large sales by executives (CFO and reports of CEO sell) are being highlighted by the market and can weigh on sentiment. SEC filing: Alesia Haas Form 4
• Negative Sentiment: Macro/regulatory and competitive headwinds — ongoing crypto price weakness, regulatory scrutiny and competitive pressure are reducing fee revenue visibility. WSJ: Q4 loss amid crypto meltdown

Insiders Place Their Bets

In related news, CFO Alesia J. Haas sold 364,600 shares of the stock in a transaction on 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 sale, the chief financial officer directly owned 402,165 shares of the company’s stock, valued at $62,315,466.75. This trade represents a 47.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Lawrence J. Brock sold 5,902 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $250.58, for a total transaction of $1,478,923.16. Following the sale, the insider directly owned 497 shares in the company, valued at approximately $124,538.26. The trade was a 92.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 672,498 shares of company stock worth $137,109,701 over the last three months. Company insiders own 16.56% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

A number of hedge funds have recently modified their holdings of the company. Capital Advisors Wealth Management LLC lifted its position in shares of Coinbase Global by 2.0% in the third quarter. Capital Advisors Wealth Management LLC now owns 1,549 shares of the cryptocurrency exchange’s stock valued at $523,000 after acquiring an additional 30 shares in the last quarter. Elevation Wealth Partners LLC raised its stake in Coinbase Global by 37.6% during the 3rd quarter. Elevation Wealth Partners LLC now owns 117 shares of the cryptocurrency exchange’s stock valued at $39,000 after purchasing an additional 32 shares during the period. West Family Investments Inc. raised its stake 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 valued at $347,000 after purchasing an additional 33 shares during the period. Pettinga Financial Advisors LLC lifted its holdings in Coinbase Global by 2.6% in the 2nd quarter. Pettinga Financial Advisors LLC now owns 1,321 shares of the cryptocurrency exchange’s stock worth $463,000 after purchasing an additional 34 shares in the last quarter. Finally, StoneX Group Inc. boosted its stake in Coinbase Global by 1.8% in the 2nd quarter. StoneX Group Inc. now owns 1,970 shares of the cryptocurrency exchange’s stock worth $690,000 after purchasing an additional 34 shares during the period. 68.84% of the stock is currently owned by institutional investors.

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.