Coinbase Global, Inc. (NASDAQ:COIN) Given Average Recommendation of "Hold" by Analysts

Key Points

• Analysts' consensus: Coinbase has an average rating of "Hold" from 33 firms (3 sell, 11 hold, 19 buy) with a mean 1‑year price target of $262.07.
• Earnings miss: Coinbase reported Q with EPS $0.66 vs. $0.83 expected and revenue $1.78B vs. $1.86B est., with revenue down 21.6% year‑over‑year.
• Insider and institutional activity: CFO Alesia Haas sold 10,020 shares at $200 under a 10b5‑1 plan and insiders sold ~394,590 shares (~$62.5M) in the last 90 days, while institutional investors own about 68.84% of the stock (insiders own 16.56%).

Coinbase Global, Inc. (NASDAQ:COIN) has been assigned an average rating of "Hold" from the thirty-three research firms that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and nineteen have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $262.0733.

Several equities research analysts recently commented on COIN shares. Mizuho reduced their price objective on Coinbase Global from $280.00 to $170.00 and set a "neutral" rating for the company in a report on Tuesday, February 17th. Robert W. Baird reduced their price objective on Coinbase Global from $215.00 to $200.00 and set a "neutral" rating for the company in a report on Wednesday, April 1st. Jefferies Financial Group lifted their price objective on Coinbase Global from $151.00 to $181.00 and gave the stock a "hold" rating in a report on Thursday, April 9th. Raymond James Financial restated a "market perform" rating on shares of Coinbase Global in a research note on Thursday, January 8th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Coinbase Global in a research note on Friday, January 9th.

Insider Activity

In other Coinbase Global news, CFO Alesia J. Haas sold 10,020 shares of the business's stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $200.00, for a total transaction of $2,004,000.00. Following the completion of the sale, the chief financial officer directly owned 377,201 shares in the company, valued at $75,440,200. The trade was a 2.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 394,590 shares of company stock worth $62,508,690. Insiders own 16.56% of the company's stock.

Institutional Investors Weigh In On Coinbase Global

A number of large investors have recently made changes to their positions in COIN. Vanguard Group Inc. lifted its position in shares of Coinbase Global by 8.3% during the 3rd quarter. Vanguard Group Inc. now owns 26,216,793 shares of the cryptocurrency exchange's stock valued at $8,847,905,000 after buying an additional 2,007,930 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc purchased a new position in shares of Coinbase Global during the 3rd quarter valued at about $14,491,000. FengHe Fund Management Pte. Ltd. lifted its position 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 in the last quarter. Artisan Partners Limited Partnership purchased a new position in shares of Coinbase Global during the 3rd quarter valued at about $224,663,000. Finally, Harvest Portfolios Group Inc. lifted its position in shares of Coinbase Global by 42.5% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 309,496 shares of the cryptocurrency exchange's stock valued at $104,452,000 after buying an additional 92,292 shares in the last quarter. 68.84% of the stock is currently owned by institutional investors.

Coinbase Global News Summary

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

• Positive Sentiment: Acting U.S. Attorney General signals DOJ will not target developers — a meaningful de‑risk for crypto platforms and their engineering teams; this reduces legal uncertainty that has weighed on sector multiples. Acting AG Todd Blanche confirms ‘code is not a crime’
• Positive Sentiment: Coinbase expanding global stablecoin payments — Yahoo Finance reports the company is pushing stablecoin payments internationally, a potential new revenue stream and product diversification that can boost transaction volume and fee income over time. Coinbase is Going Global With Stablecoin Payments
• Positive Sentiment: 120 crypto firms (including Coinbase) push for CLARITY Act markup — coordinated lobbying for clearer federal rules could reduce regulatory uncertainty for certain tokens and trading activity if enacted. XRP Price Prediction: 120 Firms Demand CLARITY Act Vote
• Neutral Sentiment: Coinbase Institutional's Q2 outlook is neutral — survey data signals mixed institutional demand for BTC, implying Coinbase may not see an immediate uplift in institutional trading revenue. Coinbase Sees Neutral Q2 Crypto Setup
• Neutral Sentiment: Analyst comparisons (Zacks) highlight valuation and outlook differences with traditional exchanges — bears watching for investor rotation into cheaper, more predictable exchange names like Cboe. Coinbase vs. Cboe Global: Which Exchange Stock Is the Better Buy?
• Neutral Sentiment: Riot Platforms disclosed an amended credit agreement with Coinbase Credit — highlights Coinbase’s role as a counterparty in crypto lending/credit markets; could attract scrutiny but is not a direct operational hit to Coinbase today. Riot Platforms falls 8.2% as investors digest Coinbase credit-facility update
• Negative Sentiment: CFTC sues Wisconsin asserting exclusive federal jurisdiction over prediction markets (names Kalshi, Polymarket, Crypto.com, Robinhood and Coinbase) — a fresh regulatory/legal escalation that directly implicates Coinbase’s prediction-market exposure and increases litigation/regulatory risk. CFTC pulls Wisconsin into fight over prediction markets
• Negative Sentiment: Coinbase Premium Index turned negative as Bitcoin demand from US spot buyers fell — weaker BTC spot demand typically reduces trading volumes and fee revenue at spot exchanges like Coinbase. Bitcoin Coinbase Premium turns negative

Coinbase Global Price Performance

NASDAQ COIN opened at $194.10 on Wednesday. Coinbase Global has a one year low of $139.36 and a one year high of $444.64. The stock has a 50-day moving average of $186.36 and a 200 day moving average of $232.15. The company has a market capitalization of $51.26 billion, a price-to-earnings ratio of 44.21, a PEG ratio of 4.45 and a beta of 3.60. 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 - Get Free Report) 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). Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same quarter in the previous year, the business posted $4.68 earnings per share. Coinbase Global's quarterly revenue was down 21.6% compared to the same quarter last year. On average, sell-side analysts forecast that Coinbase Global will post 2.77 EPS for the current year.

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.

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