The Goldman Sachs Group Issues Pessimistic Forecast for Coinbase Global (NASDAQ:COIN) Stock Price

Coinbase Global (NASDAQ:COIN) had its price target decreased by equities researchers at The Goldman Sachs Group from $310.00 to $264.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the cryptocurrency exchange’s stock. The Goldman Sachs Group’s price objective suggests a potential upside of 60.93% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. Jefferies Financial Group cut their target price on Coinbase Global from $268.00 to $151.00 and set a “hold” rating on the stock in a research report on Friday, February 13th. Bank of America upgraded Coinbase Global from a “neutral” rating to a “buy” rating and set a $340.00 price target on the stock in a report on Thursday, January 8th. President Capital lifted their price objective on shares of Coinbase Global from $401.00 to $472.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Piper Sandler dropped their target price on shares of Coinbase Global from $270.00 to $150.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Finally, UBS Group set a $264.00 price target on shares of Coinbase Global in a research note on Friday, February 13th. Nineteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $282.82.

Coinbase Global Trading Down 1.2%

COIN opened at $164.05 on Tuesday. Coinbase Global has a twelve month low of $139.36 and a twelve month high of $444.64. The company has a fifty day moving average of $217.84 and a 200-day moving average of $280.18. The stock has a market cap of $44.24 billion, a PE ratio of 37.37 and a beta of 3.70. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings results on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. The firm had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same period last year, the company posted $4.68 EPS. The business’s revenue was down 21.6% compared to the same quarter last year. On average, sell-side analysts predict that Coinbase Global will post 7.22 EPS for the current year.

Insider Activity at Coinbase Global

In other Coinbase Global news, insider Lawrence J. Brock sold 5,902 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $250.58, for a total transaction of $1,478,923.16. Following the transaction, the insider directly owned 497 shares in the company, valued at approximately $124,538.26. This trade represents a 92.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brian Armstrong sold 40,000 shares of Coinbase Global stock in a transaction on Monday, December 8th. The stock was sold at an average price of $273.86, for a total transaction of $10,954,400.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 574,395 shares of company stock valued at $110,451,160 over the last 90 days. Corporate insiders own 16.56% of the company’s stock.

Hedge Funds Weigh In On Coinbase Global

Several hedge funds have recently modified their holdings of the company. Evelyn Partners Investment Management Europe Ltd increased its position in shares of Coinbase Global by 92.3% during the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 75 shares of the cryptocurrency exchange’s stock valued at $29,000 after acquiring an additional 36 shares during the last quarter. REAP Financial Group LLC bought a new position in Coinbase Global in the 3rd quarter valued at $25,000. Palisade Asset Management LLC bought a new position in Coinbase Global in the 3rd quarter valued at $29,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Coinbase Global during the 2nd quarter valued at $30,000. Finally, Salomon & Ludwin LLC raised its stake in shares of Coinbase Global by 4,400.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange’s stock worth $30,000 after purchasing an additional 88 shares during the period. Institutional investors own 68.84% of the company’s stock.

Coinbase Global News Summary

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

• Positive Sentiment: Company buybacks: Coinbase disclosed ~8 million shares repurchased last quarter, which reduces dilution and can support EPS over time. Do Coinbase Stock Buybacks Make COIN a Good Buy Here?
• Positive Sentiment: Institutional buying: Reports say ARK Investment resumed purchases of Coinbase shares, signaling some continued institutional appetite. This can provide support amid retail volatility. Riot Rises On Activist Data Center Proposal, ARK Resumes Coinbase Buys
• Positive Sentiment: Base moves to own stack: Base (Coinbase-backed L2) is transitioning off Optimism’s stack to a unified, in-house architecture to speed upgrades and simplify the sequencer — a structural long-term positive for product control and developer velocity. Coinbase’s Base transitions to its own architecture with eye on streamlining
• Neutral Sentiment: CEO regulatory outreach: Brian Armstrong’s CNBC interview (with Senator Moreno) reiterates Coinbase’s push for clearer US crypto rules — constructive for the regulatory outlook but unlikely to change near-term fundamentals. Watch CNBC’s full interview with Coinbase CEO Brian Armstrong and U.S. Senator Bernie Moreno
• Neutral Sentiment: Stablecoin positioning: CryptoQuant data shows Coinbase holds ~8% of CEX stablecoin reserves (vs. Binance’s 65%). It highlights scale limits vs. Binance but also room to grow; relevance is strategic rather than immediate. 65% of CEX Stablecoins Sit on Binance as Exchange Reserves Hit $47.5B, CryptoQuant Reports
• Negative Sentiment: Earnings miss and revenue decline: Q4 adjusted EPS and revenue missed expectations (EPS 66c vs. est. 86c; revenue down ~22% YoY), and recent commentary included a loss per share — fundamentals remain pressured. Coinbase Global, Inc. (COIN) Reports Q4 Adjusted EPS of 66 cents Compared to the 86 cents Estimate
• Negative Sentiment: Analyst downgrades/target cuts: Multiple firms trimmed price targets (Rothschild & Co Redburn to $288; Goldman to $264; Mizuho to $170), which weighs on investor expectations despite some shops keeping “buy” or “neutral” ratings. Rothschild & Co Redburn Adjusts Price Target on Coinbase Global to $288 Goldman Sachs Lowers PT Mizuho Lowers PT to $170
• Negative Sentiment: Security incident on Base: Moonwell was exploited after a cbETH oracle misprice (cbETH = Coinbase Wrapped Staked ETH), raising smart-contract/oracle risk concerns tied to assets linked to Coinbase. That may increase scrutiny around cbETH and DeFi integrations. Moonwell hit by $1.78M exploit as AI vibe coding debate reaches DeFi
• Negative Sentiment: Zacks added COIN to Strong Sell list, which can pressure sentiment and flow-sensitive ETFs or quant funds. New Strong Sell Stocks for February 18th

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.