
Coinbase (COIN) Stock Forecast & Price Target
Coinbase (COIN) Analyst Ratings
Bulls say
Coinbase Global has demonstrated robust financial performance, highlighted by a 14% quarter-over-quarter increase in subscription and services revenue, reaching $747 million, driven by higher USDC balances and institutional financing growth. The company also reported a significant rise in consumer spot trading volume, which surged 37% quarter-over-quarter to $59 billion, outperforming both global and U.S. benchmarks, thus validating its "Everything Exchange" strategy. Furthermore, strong revenue figures totaling approximately $1.9 billion exceeded estimates and were complemented by a substantial EBITDA beat, reinforcing Coinbase's potential for growth amid expanding market opportunities.
Bears say
Coinbase Global is facing a negative outlook primarily due to lowered EBITDA estimates for FY'26 from $721 million to $619 million and reduced transaction revenue forecasts, reflecting an underperformance in volume growth compared to global spot trading. The recent significant decline in retail trading volumes, exacerbated by the lack of upward momentum in alt-coins and anticipated prolonged low Bitcoin prices, raises concerns about the sustainability of transaction fee revenue, which is crucial to the company's profitability. Furthermore, the company may experience declining interest-derived revenue as short-term rates decrease, coupled with a slowdown in expense growth due to hiring cuts, indicating a challenging financial environment ahead.
This aggregate rating is based on analysts' research of Coinbase and is not a guaranteed prediction by Public.com or investment advice.
Coinbase (COIN) Analyst Forecast & Price Prediction
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