Analysts Set Coinbase Global, Inc. (NASDAQ:COIN) PT at $383.54

Shares of Coinbase Global, Inc. (NASDAQ:COIN) have received a consensus recommendation of “Moderate Buy” from the thirty-one research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $383.5433.

A number of research analysts have issued reports on COIN shares. Rosenblatt Securities boosted their price target on Coinbase Global from $450.00 to $470.00 in a research report on Friday, October 31st. JPMorgan Chase & Co. reduced their price objective on shares of Coinbase Global from $404.00 to $399.00 and set an “overweight” rating for the company in a report on Friday, October 31st. HC Wainwright upgraded shares of Coinbase Global from a “sell” rating to a “buy” rating and increased their target price for the company from $300.00 to $425.00 in a research report on Thursday, October 30th. Redburn Partners set a $417.00 price target on shares of Coinbase Global in a research report on Friday, October 3rd. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $384.00 price target on shares of Coinbase Global in a research note on Wednesday, October 29th.

Key Coinbase Global News

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

• Positive Sentiment: Analysts have an upbeat tilt: Coinbase received an average rating of “Moderate Buy,” which supports investor confidence and could underpin the stock if crypto volumes improve. Coinbase Global, Inc. (NASDAQ:COIN) Receives Average Rating of “Moderate Buy” from Analysts
• Positive Sentiment: Macro/strategy bullish case: a recent piece highlights tokenization and prediction markets as major long‑term growth drivers for Coinbase’s product expansion and fee pools — a narrative that can attract growth‑oriented investors. Predictions Markets and Tokenization are 2 Massive Growth Drivers for Coinbase Stock. Why It’s Time to Buy.
• Neutral Sentiment: Exchange comparison: an analysis comparing Coinbase to CME Group flags both firms pursuing exchange growth and new digital offerings. The piece is more strategic context than an immediate catalyst — useful for positioning but not a direct short‑term driver. Coinbase vs. CME Group: Which Exchange Platform is Faring Better?
• Neutral Sentiment: Market tone check: a sentiment/short‑interest roundup shows mixed positioning by investors — useful for gauging volatility risk but not a clear directional signal on its own. How Is The Market Feeling About Coinbase Global Inc?
• Negative Sentiment: Regulatory hit: the Philippines blocked Coinbase (and other platforms) in a broader crackdown — a direct regional access risk and reminder that regulatory actions can depress trading volumes and raise compliance costs. Philippines Blocks Coinbase, Gemini: 50 Platforms Hit in Major Regulatory Crackdown
• Negative Sentiment: Competitive pressure: Gemini has begun offering BNB trading/custody in the U.S., narrowing product gaps that Coinbase has on its listing roadmap — new rival listings can divert order flow and slow market‑share gains. Gemini Exchange Launches BNB Trading and Custody Services
• Negative Sentiment: Insider selling: Coinbase’s CEO disclosed a roughly $10.0M sale of company stock — an event investors often view as a short‑term negative signal even if motivated by personal liquidity needs. Coinbase Global (NASDAQ:COIN) CEO Sells $10,006,000.00 in Stock

Coinbase Global Price Performance

Shares of NASDAQ:COIN opened at $236.90 on Thursday. The firm’s 50 day moving average is $283.87 and its two-hundred day moving average is $318.05. Coinbase Global has a 52 week low of $142.58 and a 52 week high of $444.64. The firm has a market capitalization of $63.88 billion, a P/E ratio of 20.49 and a beta of 3.69. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.37.

Coinbase Global (NASDAQ:COIN) last issued its quarterly earnings data on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.40. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the previous year, the firm posted $0.28 earnings per share. The business’s revenue was up 55.1% on a year-over-year basis. Analysts anticipate that Coinbase Global will post 7.22 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Brian Armstrong sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $271.87, for a total value of $10,874,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Emilie Choi sold 100,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $310.88, for a total value of $31,088,000.00. Following the completion of the sale, the chief operating officer directly owned 187,802 shares of the company’s stock, valued at approximately $58,383,885.76. This trade represents a 34.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 833,179 shares of company stock worth $250,839,195 in the last three months. 16.56% of the stock is currently owned by insiders.

Institutional Trading of Coinbase Global

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Coinbase Global by 25.5% during the 2nd quarter. Vanguard Group Inc. now owns 24,208,863 shares of the cryptocurrency exchange’s stock valued at $8,484,964,000 after buying an additional 4,914,407 shares during the period. Norges Bank purchased a new position in Coinbase Global in the second quarter valued at about $1,044,354,000. Geode Capital Management LLC increased its position in Coinbase Global by 46.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,559,513 shares of the cryptocurrency exchange’s stock worth $1,940,805,000 after purchasing an additional 1,755,146 shares during the last quarter. Artisan Partners Limited Partnership purchased a new stake in shares of Coinbase Global during the 3rd quarter worth about $224,663,000. Finally, Baillie Gifford & Co. bought a new stake in shares of Coinbase Global in the 3rd quarter valued at approximately $198,249,000. 68.84% of the stock is currently owned by institutional investors and hedge funds.

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.