Coinbase Global (NASDAQ:COIN) Price Target Raised to $310.00 at The Goldman Sachs Group

Coinbase Global (NASDAQ:COIN) had its price objective lifted by The Goldman Sachs Group from $303.00 to $310.00 in a research report report published on Tuesday,MarketScreener reports. The Goldman Sachs Group currently has a buy rating on the cryptocurrency exchange’s stock.

Several other equities research analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Coinbase Global in a report on Wednesday, December 17th. They set a “buy” rating and a $340.00 price target for the company. Needham & Company LLC reduced their target price on shares of Coinbase Global from $400.00 to $290.00 and set a “buy” rating for the company in a research note on Monday, December 29th. Erste Group Bank downgraded shares of Coinbase Global from a “buy” rating to a “hold” rating in a research report on Thursday, November 20th. Sanford C. Bernstein restated an “outperform” rating and set a $440.00 price target on shares of Coinbase Global in a report on Tuesday, January 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Coinbase Global in a research note on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $362.92.

Coinbase Global Stock Up 0.1%

Coinbase Global stock traded up $0.32 during trading hours on Tuesday, hitting $228.05. The company had a trading volume of 1,334,079 shares, compared to its average volume of 8,414,578. The firm’s fifty day moving average is $253.71 and its 200-day moving average is $309.42. The firm has a market capitalization of $61.49 billion, a P/E ratio of 19.87 and a beta of 3.70. Coinbase Global has a fifty-two week low of $142.58 and a fifty-two week high of $444.64. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40.

Coinbase Global (NASDAQ:COIN) last announced 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. The business had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.77 billion. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.Coinbase Global’s quarterly revenue was up 55.1% compared to the same quarter last year. During the same period last year, the company earned $0.28 earnings per share. On average, research analysts forecast that Coinbase Global will post 7.22 earnings per share for the current year.

Insider Buying and Selling

In other news, COO Emilie Choi sold 100,000 shares of Coinbase Global stock in a transaction dated 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 transaction, the chief operating officer directly owned 187,802 shares in the company, valued at approximately $58,383,885.76. The trade was a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frederick Ernest Ehrsam III sold 277,074 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $309.92, for a total value of $85,870,774.08. The SEC filing for this sale provides additional information. Insiders have sold 820,587 shares of company stock worth $240,717,580 in the last quarter. 16.56% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Bessemer Group Inc. raised its stake in Coinbase Global by 672.2% during the second quarter. Bessemer Group Inc. now owns 1,166 shares of the cryptocurrency exchange’s stock worth $408,000 after acquiring an additional 1,015 shares in the last quarter. SP Asset Management LLC acquired a new stake in shares of Coinbase Global in the 2nd quarter valued at $360,000. New York Life Investment Management LLC grew its holdings in shares of Coinbase Global by 890.8% in the 2nd quarter. New York Life Investment Management LLC now owns 31,479 shares of the cryptocurrency exchange’s stock worth $11,033,000 after purchasing an additional 28,302 shares during the last quarter. Lauterbach Financial Advisors LLC acquired a new stake in shares of Coinbase Global during the 2nd quarter worth about $390,000. Finally, Atria Investments Inc bought a new position in Coinbase Global during the 2nd quarter valued at about $1,137,000. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Major adoption win — Coinbase and Circle announced support for Bermuda’s plan to pilot a “fully on‑chain” national economy using USDC and Coinbase’s Base infrastructure, a potential long‑term revenue and usage driver if pilots scale. Bermuda partners with Coinbase and Circle for ‘fully onchain‘ economy
• Positive Sentiment: Analyst support — Bank of America upgraded COIN to Buy with a $340 target, citing expanding addressable market, recurring revenue (stablecoins, custody, Subscriptions & Services) and accelerating product rollouts. That upgrade provides a bullish analyst endorsement. Coinbase (COIN) Stock: Bank of America Upgrades to Buy at $340 Target
• Positive Sentiment: Long‑term TAM expansion — Coinbase research and Institute papers highlight tokenization and “on‑chain” markets as a new financial supercycle, arguing tokenized stocks/bonds could broaden market access and materially expand Coinbase’s addressable market. Coinbase Signals Next Financial Supercycle—Onchain Markets Poised to Reshape Global Wealth Creation
• Positive Sentiment: Brand & engagement push — Coinbase launched an NBA “Rookie Firsts” content series to deepen cultural reach with younger users, a marketing move that supports long‑term user acquisition and engagement on Base and the retail app. Coinbase Launches NBA Rookie Firsts Content Series Spotlighting the Next Generation of NBA Stars and the Future of Money
• Neutral Sentiment: Political outreach — CEO Brian Armstrong publicly congratulated newly elected governors and continues visible pro‑crypto advocacy; this may help policy access but has uncertain near‑term regulatory impact. New governors Abigail Spanberger, Mikie Sherrill congratulated by Brian Armstrong: Coinbase CEO calls it ‘another milestone’ for pro-crypto advocates
• Neutral Sentiment: Corporate messaging on relations with regulators — Coinbase denied a split with the White House amid Clarity Act divisions, which reduces one narrative of an immediate regulatory rift but leaves broader legislative uncertainty intact. Coinbase denies White House split claims as Clarity Act divisions deepen
• Negative Sentiment: Security/reputational risk — A CNBC piece details a sophisticated phishing call that nearly allowed an account takeover; even if Coinbase systems weren’t breached, such stories can dent user trust and retention if incidents rise. How my Coinbase account was almost stolen
• Negative Sentiment: Macro/crypto drag — Coverage notes that Bitcoin weakness is pressuring Coinbase’s trading volumes and revenues; crypto market pullbacks remain the clearest short‑term downside risk for COIN. Bitcoin Weakness Weighs on Coinbase: Diversification Offers Support?
• Negative Sentiment: Regulatory/legislative friction — CEO criticized banks’ tactics and Coinbase withdrew support for a crypto bill after issues in its draft text surfaced; that episode highlights ongoing legislative uncertainty which can delay favorable rules. Coinbase CEO Calls for Fair Competition Between Banks and Stablecoins

Coinbase Global Company Profile

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.