Rothschild & Co Redburn Issues Pessimistic Forecast for Coinbase Global (NASDAQ:COIN) Stock Price

Coinbase Global (NASDAQ:COIN) had its price objective dropped by equities researchers at Rothschild & Co Redburn from $288.00 to $277.00 in a research report issued on Monday,MarketScreener reports. Rothschild & Co Redburn’s price objective would indicate a potential upside of 40.95% from the company’s previous close.

A number of other analysts have also recently commented on the stock. Raymond James Financial restated a “market perform” rating on shares of Coinbase Global in a research note on Thursday, January 8th. The Goldman Sachs Group boosted their target price on shares of Coinbase Global from $264.00 to $270.00 and gave the company a “buy” rating in a report on Friday, March 6th. President Capital cut their price target on Coinbase Global from $472.00 to $236.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Cantor Fitzgerald cut their price objective on shares of Coinbase Global from $277.00 to $221.00 and set an “overweight” rating for the company in a research report on Monday, February 9th. Finally, Erste Group Bank cut Coinbase Global from a “buy” rating to a “hold” rating in a research report on Thursday, November 20th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Coinbase Global presently has an average rating of “Hold” and a consensus price target of $270.51.

Coinbase Global Trading Down 1.6%

Shares of COIN opened at $196.52 on Monday. Coinbase Global has a fifty-two week low of $139.36 and a fifty-two week high of $444.64. The business has a 50-day moving average of $200.57 and a 200 day moving average of $267.19. The firm has a market cap of $51.90 billion, a P/E ratio of 44.77, a price-to-earnings-growth ratio of 3.10 and a beta of 3.70. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.17). The business had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.86 billion. Coinbase Global had a net margin of 17.55% and a return on equity of 8.68%. Coinbase Global’s revenue for the quarter was down 21.6% compared to the same quarter last year. During the same period last year, the company earned $4.68 earnings per share. As a group, research analysts forecast that Coinbase Global will post 7.22 EPS for the current year.

Insider Buying and Selling

In related news, Director Frederick Ernest Ehrsam III sold 1,375 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $250.27, for a total transaction of $344,121.25. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Alesia J. Haas sold 10,020 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $200.00, for a total value of $2,004,000.00. Following the transaction, the chief financial officer directly owned 397,171 shares of the company’s stock, valued at $79,434,200. The trade was a 2.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 476,920 shares of company stock valued at $84,194,452 over the last ninety days. 16.56% of the stock is owned by insiders.

Hedge Funds Weigh In On Coinbase Global

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Coinbase Global by 8.3% in the third quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange’s stock worth $8,847,905,000 after acquiring an additional 2,007,930 shares during the period. AEGON ASSET MANAGEMENT UK Plc bought a new position in shares of Coinbase Global during the 3rd quarter valued at $14,491,000. FengHe Fund Management Pte. Ltd. lifted its holdings in shares of Coinbase Global by 119.1% during the 3rd quarter. FengHe Fund Management Pte. Ltd. now owns 69,900 shares of the cryptocurrency exchange’s stock valued at $23,591,000 after buying an additional 38,000 shares during the period. Liontrust Investment Partners LLP boosted its stake in shares of Coinbase Global by 73.1% in the 2nd quarter. Liontrust Investment Partners LLP now owns 83,058 shares of the cryptocurrency exchange’s stock worth $29,111,000 after buying an additional 35,068 shares during the last quarter. Finally, Czech National Bank grew its holdings in shares of Coinbase Global by 11.0% in the third quarter. Czech National Bank now owns 57,439 shares of the cryptocurrency exchange’s stock worth $19,385,000 after acquiring an additional 5,707 shares during the period. Institutional investors own 68.84% of the company’s stock.

Key Coinbase Global News

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

• Positive Sentiment: Aon completed a stablecoin insurance‑premium pilot that used USDC and PYUSD and settled with Coinbase/Paxos, validating Coinbase’s role in institutional stablecoin rails and potential new payment flow volume. Aon Announces First Stablecoin Insurance Premium Payment
• Positive Sentiment: Coinbase rolled out regulated crypto futures trading across 26 European countries (MiFID/ESMA framework), expanding product offerings, European revenue opportunities and fee pools for Advanced users. Coinbase rolls out crypto futures trading in 26 European countries
• Positive Sentiment: Analysts and outlets are highlighting Coinbase as a rebound play if crypto volume and BTC demand recover — attention from outlets and a recent Cantor Fitzgerald buy rating support positive sentiment among some investors. Coinbase Global Receives a Buy from Cantor Fitzgerald
• Neutral Sentiment: Zacks and other outlets are circulating “is it a buy?” pieces that keep COIN in retail/investor screens but don’t add a clear near‑term catalyst. Is Trending Stock Coinbase Global, Inc. (COIN) a Buy Now?
• Neutral Sentiment: A reported on‑chain move: Bitmine transferred ~9,600 ETH to Coinbase Prime — signals custody/prime flows but is an isolated on‑chain deposit rather than recurring revenue. Bitmine Transfers $19.5M in ETH to Coinbase Prime
• Neutral Sentiment: Public short‑interest reports in early March show anomalous/zero values and NaN increases — the data looks unreliable and shouldn’t be interpreted as a fresh short‑squeeze signal.
• Negative Sentiment: Legislation that could clarify crypto market structure is facing political headwinds and a veto threat, increasing regulatory uncertainty that investors fear could hurt Coinbase’s U.S. growth or product approvals. Crypto Regulation Bill in Jeopardy
• Negative Sentiment: Rothschild & Co Redburn trimmed its price target on COIN (from $288 to $277), a modest negative signal to some investors even though the new target still implies upside. Rothschild & Co Redburn Adjusts Price Target on Coinbase
• Negative Sentiment: Insider activity: the CFO sold roughly $2.0M of stock recently, which can weigh on sentiment even if it’s routine diversification. Coinbase CFO Sells $2,004,000 in Stock

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.