Q1 EPS Estimates for Coinbase Global Lifted by William Blair

Key Points

• William Blair has raised its Q1 2026 EPS estimate for Coinbase Global to $1.59 per share, an increase from its previous estimate of $1.45.
• The average price target for Coinbase Global is currently $367.94, with 68.84% of the stock held by institutional investors.
• COIN stock opened at $341.55, down 4.3%, and has a market cap of $87.76 billion.

Coinbase Global, Inc. (NASDAQ:COIN - Free Report) - Analysts at William Blair increased their Q1 2026 EPS estimates for shares of Coinbase Global in a report released on Tuesday, October 14th. William Blair analyst A. Jeffrey now expects that the cryptocurrency exchange will post earnings of $1.59 per share for the quarter, up from their prior estimate of $1.45. The consensus estimate for Coinbase Global's current full-year earnings is $7.22 per share. William Blair also issued estimates for Coinbase Global's Q2 2026 earnings at $1.77 EPS, Q4 2026 earnings at $1.80 EPS, FY2026 earnings at $6.82 EPS and FY2027 earnings at $8.71 EPS.

Other analysts also recently issued reports about the stock. Redburn Partners set a $417.00 price target on shares of Coinbase Global in a research report on Friday, October 3rd. Wall Street Zen raised shares of Coinbase Global from a "sell" rating to a "hold" rating in a research note on Saturday, August 2nd. Mizuho set a $300.00 price objective on shares of Coinbase Global in a research note on Thursday, September 18th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $400.00 price objective on shares of Coinbase Global in a research note on Friday, August 1st. Finally, Sanford C. Bernstein lifted their price objective on shares of Coinbase Global from $310.00 to $510.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $367.94.

Coinbase Global Stock Down 4.3%

COIN stock opened at $341.55 on Wednesday. Coinbase Global has a 52 week low of $142.58 and a 52 week high of $444.64. The company has a market capitalization of $87.76 billion, a price-to-earnings ratio of 33.03 and a beta of 3.68. The firm's 50-day moving average is $326.71 and its two-hundred day moving average is $290.13. The company has a current ratio of 2.12, a quick ratio of 2.13 and a debt-to-equity ratio of 0.25.

Coinbase Global (NASDAQ:COIN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The cryptocurrency exchange reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.91 by ($0.79). Coinbase Global had a return on equity of 16.02% and a net margin of 40.87%.The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter last year, the firm posted $0.14 earnings per share. The firm's quarterly revenue was up 3.3% compared to the same quarter last year.

Insider Activity

In related news, insider Lawrence J. Brock sold 5,903 shares of the business's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $311.37, for a total transaction of $1,838,017.11. Following the transaction, the insider directly owned 478 shares of the company's stock, valued at approximately $148,834.86. The trade was a 92.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Alesia J. Haas sold 4,675 shares of the business's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $322.24, for a total transaction of $1,506,472.00. Following the transaction, the chief financial officer directly owned 89,220 shares in the company, valued at $28,750,252.80. The trade was a 4.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 174,515 shares of company stock valued at $56,329,451. 23.43% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in COIN. Vanguard Group Inc. grew its position in Coinbase Global by 25.5% during the second quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange's stock valued at $8,484,964,000 after purchasing an additional 4,914,407 shares in the last quarter. Norges Bank acquired a new stake in Coinbase Global in the second quarter valued at approximately $1,044,354,000. Geode Capital Management LLC lifted its stake in Coinbase Global by 46.1% in the second quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange's stock valued at $1,940,805,000 after acquiring an additional 1,755,146 shares during the last quarter. Groupama Asset Managment lifted its stake in Coinbase Global by 100.0% in the first quarter. Groupama Asset Managment now owns 3,000,000 shares of the cryptocurrency exchange's stock valued at $516,690,000 after acquiring an additional 1,500,000 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Coinbase Global by 53.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,455,916 shares of the cryptocurrency exchange's stock valued at $510,284,000 after acquiring an additional 504,068 shares during the last quarter. 68.84% of the stock is owned by hedge funds and other institutional investors.

About Coinbase Global

Coinbase Global, Inc provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.

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