Coinbase Global (NASDAQ:COIN) Stock Price Target Lowered at Canaccord Genuity Group

Coinbase Global (NASDAQ:COIN) had its price target reduced by investment analysts at Canaccord Genuity Group from $300.00 to $275.00 in a report released on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the cryptocurrency exchange’s stock. Canaccord Genuity Group‘s target price would indicate a potential upside of 91.58% from the company’s previous close.

A number of other research firms also recently commented on COIN. Weiss Ratings upgraded shares of Coinbase Global from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. Keefe, Bruyette & Woods initiated coverage on Coinbase Global in a report on Monday, September 28th. They set an “outperform” rating and a $237.00 target price on the stock. Wall Street Zen upgraded Coinbase Global from a “strong sell” rating to a “sell” rating in a research report on Saturday. Morgan Stanley lowered Coinbase Global from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $258.00 to $120.00 in a research report on Monday. Finally, Robert W. Baird increased their price target on Coinbase Global from $130.00 to $205.00 and gave the company a “neutral” rating in a report on Monday, September 28th. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Coinbase Global presently has a consensus rating of “Hold” and a consensus target price of $211.47.

Coinbase Global Price Performance

Shares of NASDAQ COIN opened at $143.54 on Friday. The firm has a 50-day simple moving average of $179.74 and a 200-day simple moving average of $178.82. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $37.87 billion, a price-to-earnings ratio of -50.72 and a beta of 3.35. Coinbase Global has a 52 week low of $136.89 and a 52 week high of $361.40.

Coinbase Global (NASDAQ:COIN) last posted its quarterly earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.92). Coinbase Global had a positive return on equity of 0.76% and a negative net margin of 12.46%. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the firm posted $5.14 earnings per share. The business’s revenue was down 18.5% compared to the same quarter last year. On average, equities analysts predict that Coinbase Global will post -0.50 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Alesia J. Haas sold 39,030 shares of Coinbase Global stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $205.24, for a total transaction of $8,010,517.20. Following the sale, the chief financial officer owned 345,376 shares of the company’s stock, valued at approximately $70,884,970.24. The trade was a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederick R. Wilson sold 10,000 shares of Coinbase Global stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $178.93, for a total transaction of $1,789,300.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 92,120 shares of company stock worth $17,968,544. Company insiders own 16.66% of the company’s stock.

Institutional Trading of Coinbase Global

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in COIN. NBT Bank N.A. acquired a new stake in Coinbase Global during the 3rd quarter valued at $28,000. Glen Eagle Advisors LLC increased its holdings in shares of Coinbase Global by 101.1% in the first quarter. Glen Eagle Advisors LLC now owns 175 shares of the cryptocurrency exchange’s stock valued at $31,000 after purchasing an additional 88 shares during the last quarter. Archer Investment Corp raised its position in shares of Coinbase Global by 546.4% in the first quarter. Archer Investment Corp now owns 181 shares of the cryptocurrency exchange’s stock valued at $32,000 after purchasing an additional 153 shares during the period. Root Financial Partners LLC bought a new position in shares of Coinbase Global in the third quarter valued at about $37,000. Finally, Kings Path Partners LLC bought a new position in shares of Coinbase Global in the third quarter valued at about $37,000. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Coinbase Global

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

• Positive Sentiment: Coinbase reported approximately $718.7 million in third-quarter 2026 net income and diluted EPS of $2.51, representing a return to profitability. Management is also developing less trading-dependent businesses, including prediction markets, stablecoin partnerships such as RLUSD and AI infrastructure. Coinbase Stock Faces Revenue Test After Q3 Earnings
• Positive Sentiment: CMB International Securities reiterated a Buy rating and maintained a $205 price target, citing improving profitability and strategic progress. BTIG Research, HC Wainwright and Cantor Fitzgerald also reiterated positive ratings. Analyst Reiterates Buy on Coinbase
• Neutral Sentiment: Coinbase adjusted its cold-storage procedures after authorities linked a multibillion-dollar Binance hack to North Korea’s TraderTraitor group. The changes may strengthen institutional confidence, but the incident highlights security risks across the crypto-exchange industry. Coinbase Adjusts Cold Storage After Binance Hack
• Negative Sentiment: Third-quarter revenue was about $1.216 billion and declined substantially year over year, underscoring Coinbase’s continued exposure to trading activity despite its newer growth initiatives. Why Coinbase Shares Are Falling
• Negative Sentiment: Wells Fargo, Goldman Sachs, Barclays, Needham and Mizuho all reduced their COIN price targets, signaling more cautious expectations for trading revenue and valuation.
• Negative Sentiment: Reports that CEO Brian Armstrong and other executives plan to sell roughly $2.2 billion of stock add insider-selling pressure and may weaken investor sentiment. Coinbase Executives Plan Stock Sale
• Negative Sentiment: The Binance hack has triggered a broader selloff in crypto-exchange shares, raising concerns about cybersecurity, customer-asset protection and regulatory scrutiny. Crypto Exchange Stocks Tumble After Binance Hack

Coinbase Global Company Profile

Coinbase Global, Inc operates a digital-asset financial infrastructure and technology platform. Through its Coinbase platform, the company enables individuals and institutions to buy, sell, store, transfer and use cryptocurrencies and other digital assets. Its services are designed to support both retail customers and institutional participants in the digital-asset economy.

The company offers cryptocurrency trading, custody and staking services, as well as subscription products and institutional solutions.