What is KeyCorp’s Forecast for Coinbase Global Q4 Earnings?

Coinbase Global, Inc. (NASDAQ:COIN) – Equities researchers at KeyCorp lowered their Q4 2026 earnings estimates for Coinbase Global in a report issued on Friday, January 23rd. KeyCorp analyst A. Markgraff now forecasts that the cryptocurrency exchange will post earnings per share of $1.09 for the quarter, down from their prior forecast of $1.26. The consensus estimate for Coinbase Global’s current full-year earnings is $7.22 per share. KeyCorp also issued estimates for Coinbase Global’s FY2027 earnings at $6.32 EPS.

Coinbase Global (NASDAQ:COIN) last released its earnings results on Thursday, October 30th. The cryptocurrency exchange reported $1.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.40. Coinbase Global had a return on equity of 15.70% and a net margin of 41.99%.The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the prior year, the firm posted $0.28 earnings per share. The firm’s revenue for the quarter was up 55.1% compared to the same quarter last year.

Several other equities research analysts have also weighed in on the company. Cantor Fitzgerald reduced their price objective on Coinbase Global from $459.00 to $320.00 and set an “overweight” rating for the company in a research note on Thursday, December 18th. Deutsche Bank Aktiengesellschaft initiated coverage on Coinbase Global in a research report on Wednesday, December 17th. They issued a “buy” rating and a $340.00 price target for the company. Compass Point dropped their price target on Coinbase Global from $230.00 to $190.00 and set a “sell” rating on the stock in a research note on Friday. Rothschild Redb raised shares of Coinbase Global from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 3rd. Finally, Mizuho set a $280.00 target price on shares of Coinbase Global in a report on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $361.58.

Coinbase Global Stock Down 1.6%

COIN stock opened at $213.48 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.40 and a quick ratio of 2.40. The firm has a market cap of $57.56 billion, a PE ratio of 18.47 and a beta of 3.70. Coinbase Global has a 12 month low of $142.58 and a 12 month high of $444.64. The firm has a 50 day simple moving average of $248.62 and a 200 day simple moving average of $305.24.

Institutional Trading of Coinbase Global

Several large investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC lifted its position in shares of Coinbase Global by 24.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock worth $365,000 after purchasing an additional 413 shares during the last quarter. Empowered Funds LLC increased its position in Coinbase Global by 25.8% in the 1st quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock worth $1,478,000 after buying an additional 1,761 shares during the period. Focus Partners Wealth lifted its holdings in shares of Coinbase Global by 9.9% during the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock worth $896,000 after buying an additional 467 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Coinbase Global in the second quarter valued at approximately $285,000. Finally, Fifth Third Bancorp boosted its position in shares of Coinbase Global by 796.5% in the second quarter. Fifth Third Bancorp now owns 5,451 shares of the cryptocurrency exchange’s stock valued at $1,911,000 after acquiring an additional 4,843 shares during the period. Institutional investors own 68.84% of the company’s stock.

Insider Buying and Selling

In other news, Director Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $250.27, for a total transaction of $344,121.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Alesia J. Haas sold 8,050 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $250.00, for a total transaction of $2,012,500.00. Following the completion of the sale, the chief financial officer directly owned 70,664 shares of the company’s stock, valued at $17,666,000. This represents a 10.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 820,587 shares of company stock worth $240,717,580. Corporate insiders own 16.56% of the company’s stock.

Key Headlines Impacting Coinbase Global

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

• Positive Sentiment: Institutional survey from Coinbase finds most institutions view Bitcoin as undervalued in the $85k–$95k range — a sign of buyer conviction that could support longer-term trading activity and product demand. Majority of institutional investors say Bitcoin is undervalued: Coinbase
• Positive Sentiment: Coinbase is highlighting momentum from Davos toward tokenization and the CLARITY Act — regulatory clarity and tokenization adoption would be structural positives for Coinbase’s product roadmap and institutional revenue. Coinbase Spotlights Davos Momentum Toward Tokenization and CLARITY Act
• Positive Sentiment: CEO Brian Armstrong says global bank CEOs now list crypto as a top priority — a sign of increasing institutional engagement that could expand custody, trading, and tokenization flows. Coinbase CEO Armstrong: Global bank CEOs name crypto as their number one priority
• Neutral Sentiment: Market coverage notes COIN traded lower while broader markets gained — a factual summary of today’s move but not a fresh catalyst. Coinbase Global, Inc. (COIN) Stock Sinks As Market Gains: Here’s Why
• Neutral Sentiment: Discussion in market pieces about whether COIN already discounts too much crypto optimism — useful for gauging valuation debate but not an immediate operational change. Is Coinbase Global (COIN) Pricing In Too Much Crypto Optimism After Recent Share Price Weakness?
• Negative Sentiment: Armstrong’s role in stalling major crypto legislation prompted a White House rebuke — raises regulatory and political risk that could complicate rulemaking and market access. Coinbase power play sparks crypto rift as key bill gets delayed
• Negative Sentiment: Data shows the Coinbase Premium hit 12?month lows and Bitcoin weakened; lower U.S. retail/institutional demand can reduce spot/trading volumes and fee revenue. Bitcoin Coinbase Premium stays deeply negative: Is $66K BTC price next?
• Negative Sentiment: Bearish technical calls on Bitcoin (one extreme scenario projects a crash to ~$30k) amplify downside risk to Coinbase’s volumes if BTC falls substantially. Bitcoin Price Prediction: Analyst Forecasts 72.86% Crash To $30,000
• Negative Sentiment: KeyCorp published a bearish forecast for Coinbase’s Q4 — analyst downgrades or weak guidance would directly pressure the stock. KeyCorp Has Bearish Forecast for Coinbase Global Q4 Earnings

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.