Coinbase Global (NASDAQ:COIN) Given New $225.00 Price Target at The Goldman Sachs Group

Key Points

• The Goldman Sachs Group cut its price target on Coinbase to $225 (from $235) but kept a buy rating, implying about a 23.7% upside from the prior close.
• Coinbase missed quarterly estimates, reporting $0.66 EPS vs. $0.83 expected and revenue of $1.78 billion (vs. $1.86B), with revenue down 21.6% year‑over‑year.
• Analyst views are mixed — 19 buys, 10 holds and 4 sells lead to an average rating of Hold and a consensus target of $261.94 — while insiders have sold heavily (about 396,745 shares, ~$63.6M, in the last 90 days).

Coinbase Global (NASDAQ:COIN) had its target price decreased by The Goldman Sachs Group from $235.00 to $225.00 in a note issued to investors on Wednesday,MarketScreener reports. The firm presently has a "buy" rating on the cryptocurrency exchange's stock. The Goldman Sachs Group's price target would indicate a potential upside of 23.69% from the company's previous close.

Several other research analysts also recently issued reports on COIN. JPMorgan Chase & Co. reduced their price objective on Coinbase Global from $399.00 to $290.00 and set an "overweight" rating on the stock in a report on Tuesday, February 10th. President Capital reduced their price objective on Coinbase Global from $472.00 to $236.00 and set a "buy" rating on the stock in a report on Wednesday, February 25th. Raymond James Financial reissued a "market perform" rating on shares of Coinbase Global in a research note on Thursday, January 8th. Zacks Research downgraded Coinbase Global from a "hold" rating to a "strong sell" rating in a research note on Tuesday, February 17th. Finally, Deutsche Bank Aktiengesellschaft set a $250.00 price target on Coinbase Global in a research note on Friday, February 13th. Nineteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $261.94.

Coinbase Global Stock Up 3.8%

Shares of COIN opened at $181.91 on Wednesday. The company has a market capitalization of $48.04 billion, a P/E ratio of 41.70, a PEG ratio of 3.31 and a beta of 3.60. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.34 and a quick ratio of 2.34. Coinbase Global has a one year low of $139.36 and a one year high of $444.64. The business's 50 day simple moving average is $180.24 and its 200-day simple moving average is $248.92.

Coinbase Global (NASDAQ:COIN - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The cryptocurrency exchange reported $0.66 earnings per share (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 firm had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same period in the prior year, the company posted $4.68 EPS. The firm's quarterly revenue was down 21.6% compared to the same quarter last year. As a group, sell-side analysts predict that Coinbase Global will post 7.22 EPS for the current fiscal year.

Insiders Place Their Bets

In other Coinbase Global news, CFO Alesia J. Haas sold 9,950 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $201.60, for a total transaction of $2,005,920.00. Following the completion of the transaction, the chief financial officer owned 387,221 shares in the company, valued at approximately $78,063,753.60. This represents a 2.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frederick Ernest Ehrsam III sold 1,375 shares of the stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $250.27, for a total value of $344,121.25. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 396,745 shares of company stock valued at $63,576,559. 16.56% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Coinbase Global

A number of large investors have recently added to or reduced their stakes in the company. REAP Financial Group LLC bought a new position in shares of Coinbase Global in the 3rd quarter valued at about $25,000. Palisade Asset Management LLC acquired a new stake in Coinbase Global in the 3rd quarter valued at about $29,000. Salomon & Ludwin LLC lifted its stake in Coinbase Global by 4,400.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 90 shares of the cryptocurrency exchange's stock valued at $30,000 after purchasing an additional 88 shares during the last quarter. Foster Dykema Cabot & Partners LLC acquired a new stake in Coinbase Global in the 3rd quarter valued at about $35,000. Finally, Cloud Capital Management LLC acquired a new stake in Coinbase Global in the 3rd quarter valued at about $36,000. Institutional investors own 68.84% of the company's stock.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Bitcoin’s headline-driven rally above $71k lifted sentiment for crypto exchanges, supporting trading volumes and short‑term revenue outlook for Coinbase. The piece cautions the move is headline-dependent, so any sustained benefit will hinge on follow‑through. Bitcoin Rallies Above $71K —But Analysts Warn The Peace Is Only Temporary
• Positive Sentiment: Technical commentary suggests Bitcoin may be breaking a bearish pattern that began in January; a durable trend change would be structurally positive for Coinbase as a high‑beta proxy to crypto volumes. Bitcoin Just Deviated From The Bearish Trend That Began In January And $86,000 Could Be Next
• Positive Sentiment: Coinbase secured an Australian financial services license (AFSL) and plans to expand into equities, derivatives and payments in APAC — a strategic growth vector that diversifies revenue beyond spot crypto trading. Coinbase plans expansion to stock trading in Australia after securing license
• Positive Sentiment: Regulatory/custody wins remain a core bullish case: Coinbase received conditional OCC approval to form a national trust bank, strengthening its institutional custody narrative and competitive positioning. Coinbase (COIN) Is Up 8.7% After Winning Conditional National Trust Bank Approval – Has The Bull Case Changed?
• Neutral Sentiment: Security roadmap and long‑term tech risks are under the microscope after Google’s note on quantum threats; Coinbase is publicly framing quantum‑resilience as an industry priority, which is more strategic than immediate. Google Quantum Warning Puts Coinbase Crypto Security Plans In Focus
• Neutral Sentiment: Analyst coverage is mixed: many buy ratings and a median target well above the current price coexist with recent downgrades and wide target dispersion — expect volatility as analyst views re‑price around crypto moves and regulatory milestones. Coinbase gains as bitcoin bounces and regulatory/custody tailwinds stay in focus
• Negative Sentiment: Barclays downgraded COIN to underweight and cut its price target to $140, signaling near‑term downside risk from valuation and macro/crypto volatility concerns; such broker downgrades can weigh on sentiment and institutional flows. Barclays Downgrade (Benzinga)
• Negative Sentiment: Insider selling has been heavy in recent months, which can be viewed negatively by some investors as a signal on near‑term conviction even as company fundamentals evolve. Quiver: Insider and institutional activity

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.