Coinbase Global (COIN) to Release Earnings on Thursday

Coinbase Global (NASDAQ:COIN) is projected to post its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $1.5061 billion for the quarter. Individuals may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 7, 2026 at 5:30 PM ET.

Coinbase Global (NASDAQ:COIN) last released its quarterly earnings results 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). The company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.86 billion. Coinbase Global had a return on equity of 8.68% and a net margin of 17.55%.The business’s revenue was down 21.6% compared to the same quarter last year. During the same quarter last year, the company posted $4.68 EPS. On average, analysts expect Coinbase Global to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Coinbase Global Stock Performance

Shares of NASDAQ COIN opened at $197.22 on Wednesday. The business’s 50-day simple moving average is $187.67 and its 200-day simple moving average is $228.86. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.34 and a current ratio of 2.34. Coinbase Global has a 52 week low of $139.36 and a 52 week high of $444.64. The firm has a market cap of $52.08 billion, a price-to-earnings ratio of 44.29, a P/E/G ratio of 4.59 and a beta of 3.38.

Insider Activity at Coinbase Global

In other news, CFO Alesia J. Haas sold 364,600 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $154.95, for a total value of $56,494,770.00. Following the completion of the sale, the chief financial officer directly owned 402,165 shares of the company’s stock, valued at approximately $62,315,466.75. This represents a 47.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 394,590 shares of company stock worth $62,508,690 in the last three months. 16.66% of the stock is owned by insiders.

Hedge Funds Weigh In On Coinbase Global

Several large investors have recently bought and sold shares of COIN. Janus Henderson Group PLC boosted its holdings in Coinbase Global by 2,597.8% in the 4th quarter. Janus Henderson Group PLC now owns 549,304 shares of the cryptocurrency exchange’s stock valued at $124,221,000 after purchasing an additional 528,943 shares during the period. Cria Inc. bought a new position in shares of Coinbase Global during the 4th quarter worth about $111,184,000. Anatole Investment Management Ltd acquired a new position in shares of Coinbase Global during the second quarter valued at about $98,698,000. Holocene Advisors LP acquired a new position in shares of Coinbase Global during the second quarter valued at about $88,424,000. Finally, Voloridge Investment Management LLC bought a new stake in shares of Coinbase Global in the fourth quarter valued at about $48,679,000. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Key Coinbase Global News

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

• Positive Sentiment: Coinbase announced a ~14% workforce reduction (~700 roles) as it pivots to an “AI-native” operating model — management frames this as a structural cost-reduction and efficiency move that pushed the shares higher in pre-market trading. Coinbase to cut about 14% of workforce (Reuters)
• Positive Sentiment: Coinbase is expanding beyond exchange fees into tokenization and on-chain credit (launching a tokenized credit fund and naming Centrifuge as tokenization backbone), which could open higher-margin institutional revenue streams over time. Coinbase names Centrifuge as tokenization backbone (Blockonomi)
• Positive Sentiment: Macro/regulatory tailwinds: a bipartisan CLARITY Act compromise on stablecoin rules and related market momentum have helped lift crypto stocks, improving the policy backdrop for Coinbase’s custody/stablecoin-related products. Why crypto stocks are surging (FastCompany)
• Positive Sentiment: Analyst support: JPMorgan raised its price target and reiterated an overweight view, giving the stock additional Wall Street backing. JPMorgan raises COIN price target (MarketScreener)
• Neutral Sentiment: Q1 earnings are due (May 7) and analysts expect lower revenue vs. year-ago levels; investors will be watching guidance and cost-savings cadence for confirmation that layoffs and AI changes materially improve margins. Coinbase Q1 preview (Benzinga)
• Neutral Sentiment: Management moves and org restructuring (no more “pure managers,” rise of player-coaches) could speed execution but also add short-term disruption; watch execution over the next few quarters. CEO moves before earnings (Yahoo Finance)
• Negative Sentiment: Legal risk: Coinbase was sued in U.S. federal court by a plaintiff seeking return of frozen crypto allegedly tied to a $55M DAI phishing theft; the suit raises custodial/legal exposure and could create operational/legal drag if it expands. Coinbase sued over frozen $55M DAI funds (Cointelegraph)
• Negative Sentiment: Restructuring will carry near-term charges (reports cite up to ~$60M) and the company still faces revenue pressure from lower trading volumes — these factors could keep near-term EPS volatility elevated. Restructuring charges and impact (QuiverQuant)

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on COIN shares. Raymond James Financial reaffirmed a “market perform” rating on shares of Coinbase Global in a research report on Thursday, January 8th. Robert W. Baird reduced their price objective on shares of Coinbase Global from $215.00 to $200.00 and set a “neutral” rating for the company in a research note on Wednesday, April 1st. Mizuho decreased their price objective on shares of Coinbase Global from $280.00 to $170.00 and set a “neutral” rating for the company in a report on Tuesday, February 17th. Rothschild & Co Redburn lowered their target price on shares of Coinbase Global from $281.00 to $254.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Finally, Benchmark dropped their target price on shares of Coinbase Global from $421.00 to $267.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Nineteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Coinbase Global has a consensus rating of “Hold” and a consensus price target of $262.07.

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.