President Capital Cuts Coinbase Global (NASDAQ:COIN) Price Target to $236.00

Coinbase Global (NASDAQ:COIN) had its price target trimmed by President Capital from $472.00 to $236.00 in a research note published on Wednesday,MarketScreener reports. The brokerage currently has a buy rating on the cryptocurrency exchange’s stock.

Several other analysts also recently weighed in on COIN. Monness Crespi & Hardt downgraded Coinbase Global from a “hold” rating to a “sell” rating in a research report on Monday. Cantor Fitzgerald decreased their target price on shares of Coinbase Global from $277.00 to $221.00 and set an “overweight” rating on the stock in a research note on Monday, February 9th. JPMorgan Chase & Co. dropped their price target on shares of Coinbase Global from $399.00 to $290.00 and set an “overweight” rating for the company in a research report on Tuesday, February 10th. Raymond James Financial reissued a “market perform” rating on shares of Coinbase Global in a report on Thursday, January 8th. Finally, UBS Group set a $264.00 price objective on shares of Coinbase Global in a research note on Friday, February 13th. Nineteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $270.67.

Coinbase Global Price Performance

Shares of NASDAQ:COIN opened at $175.85 on Wednesday. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.40. The stock has a market cap of $46.44 billion, a PE ratio of 40.06, a PEG ratio of 2.60 and a beta of 3.70. The company’s fifty day moving average is $206.50 and its 200 day moving average is $273.65. Coinbase Global has a 52 week low of $139.36 and a 52 week high of $444.64.

Coinbase Global (NASDAQ:COIN) last announced its quarterly earnings data 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 net margin of 17.55% and a return on equity of 8.68%. The company 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 business posted $4.68 earnings per share. The firm’s quarterly revenue was down 21.6% compared to the same quarter last year. Research analysts anticipate that Coinbase Global will post 7.22 earnings per share for the current year.

Insider Activity at Coinbase Global

In other Coinbase Global news, CFO Alesia J. Haas sold 364,600 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $154.95, for a total value of $56,494,770.00. Following the completion of the sale, the chief financial officer directly owned 402,165 shares in the company, valued at $62,315,466.75. This trade represents a 47.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Brian Armstrong sold 40,000 shares of Coinbase Global stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $273.86, for a total value of $10,954,400.00. The SEC filing for this sale provides additional information. Insiders have sold 513,775 shares of company stock worth $95,046,092 over the last 90 days. 16.56% of the stock is owned by company insiders.

Institutional Investors Weigh In On Coinbase Global

Several hedge funds and other institutional investors have recently added to or reduced their stakes in COIN. Strategic Investment Solutions Inc. IL purchased a new position in Coinbase Global during the fourth quarter valued at $89,000. Kera Capital Partners Inc. increased its stake in shares of Coinbase Global by 6.3% in the 4th quarter. Kera Capital Partners Inc. now owns 41,644 shares of the cryptocurrency exchange’s stock worth $9,417,000 after acquiring an additional 2,477 shares in the last quarter. MV Capital Management Inc. purchased a new position in Coinbase Global during the 4th quarter valued at about $27,000. Sunbelt Securities Inc. boosted its stake in Coinbase Global by 123.9% during the fourth quarter. Sunbelt Securities Inc. now owns 806 shares of the cryptocurrency exchange’s stock worth $182,000 after acquiring an additional 446 shares in the last quarter. Finally, Axxcess Wealth Management LLC boosted its stake in Coinbase Global by 34.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 6,772 shares of the cryptocurrency exchange’s stock worth $1,531,000 after acquiring an additional 1,738 shares in the last quarter. 68.84% of the stock is owned by hedge funds and other institutional investors.

More Coinbase Global News

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

• Positive Sentiment: Coinbase launched U.S. stock and ETF trading as part of its “Everything Exchange” push, expanding product scope and offering 24/5 equities access — a strategic move to reduce dependence on crypto-only revenue. Coinbase Expands Into Stocks — Yahoo
• Positive Sentiment: Apex Fintech Solutions will power the stock-trading infrastructure for Coinbase’s Everything Exchange, supporting the operational rollout and scaling of equities trading. Apex Fintech Powers Coinbase Infrastructure — MarketWatch
• Positive Sentiment: Institutional interest: Aristotle Funds’ Core Equity Fund added COIN, signaling professional investor conviction in Coinbase’s growth trajectory beyond spot crypto trading. Aristotle Adds Coinbase — InsiderMonkey
• Neutral Sentiment: Zacks published coverage pieces comparing Coinbase to Nasdaq and flagging investor interest; useful context but not a direct catalyst. Coinbase vs Nasdaq — Zacks
• Neutral Sentiment: Coinbase will participate in the Morgan Stanley TMT conference — visibility with institutional investors but not an immediate earnings driver. Morgan Stanley Conference — TMCNet
• Neutral Sentiment: Short-interest report in the public feed shows anomalous/zero data for Feb — appears to be a data artifact and not actionable.
• Negative Sentiment: Crypto spot volumes have fallen to 2024 lows, reducing fee-generating trading activity that drives much of Coinbase’s near-term revenue. This market-wide liquidity decline pressures top-line results. Bitcoin Spot Volumes Sink — NewsBTC
• Negative Sentiment: President Capital trimmed its price target sharply (from $472 to $236), signaling reduced near-term upside in street models despite keeping a Buy rating — contributes to downward pressure on sentiment. Price Target Cut — MarketScreener
• Negative Sentiment: Recent quarterly results missed estimates (Q4 revenue and EPS below consensus), highlighting revenue sensitivity to crypto volumes and keeping analysts cautious. Earnings Miss — MarketBeat

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.