Key Points
- Insider selling: Director Frederick Ernest Ehrsam III sold 1,375 shares on Jan. 5 for ~$343,800 and has executed multiple large sales since November, including a 277,074‑share sale on Nov. 6 (~$85.9M), signaling substantial insider dispositions.
- Earnings beat and analyst view: Coinbase reported $1.44 EPS vs. $1.04 expected and revenue of $1.87B (up 55% YoY), and analysts hold a consensus "Moderate Buy" with a $376.74 price target.
- Near‑term pressure despite upgrades: COIN opened at $245.93 (down ~1.8%) amid technical/flow concerns and regional/regulatory headwinds (Argentina fiat halt, competitive risks from China’s digital yuan) even as firms like Goldman Sachs upgraded the stock.
Coinbase Global, Inc. (NASDAQ:COIN) Director Frederick Ernest Ehrsam III sold 1,375 shares of the business's stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $250.03, for a total value of $343,791.25. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Frederick Ernest Ehrsam III also recently made the following trade(s):
- On Thursday, December 18th, Frederick Ernest Ehrsam III sold 1,375 shares of Coinbase Global stock. The shares were sold at an average price of $252.82, for a total value of $347,627.50.
- On Tuesday, December 9th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The stock was sold at an average price of $280.27, for a total value of $770,742.50.
- On Thursday, December 4th, Frederick Ernest Ehrsam III sold 4,125 shares of Coinbase Global stock. The stock was sold at an average price of $274.06, for a total value of $1,130,497.50.
- On Thursday, November 20th, Frederick Ernest Ehrsam III sold 2,750 shares of Coinbase Global stock. The stock was sold at an average price of $260.33, for a total transaction of $715,907.50.
- On Monday, November 10th, Frederick Ernest Ehrsam III sold 55,688 shares of Coinbase Global stock. The stock was sold at an average price of $321.81, for a total transaction of $17,920,955.28.
- On Friday, November 7th, Frederick Ernest Ehrsam III sold 19,927 shares of Coinbase Global stock. The shares were sold at an average price of $288.77, for a total transaction of $5,754,319.79.
- On Thursday, November 6th, Frederick Ernest Ehrsam III sold 277,074 shares of Coinbase Global stock. The stock was sold at an average price of $309.92, for a total transaction of $85,870,774.08.
Coinbase Global Stock Down 1.8%
Shares of COIN opened at $245.93 on Thursday. The company has a 50-day simple moving average of $267.08 and a 200-day simple moving average of $316.35. The firm has a market capitalization of $66.31 billion, a P/E ratio of 21.27 and a beta of 3.70. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.40 and a current ratio of 2.40. Coinbase Global, Inc. has a 52 week low of $142.58 and a 52 week high of $444.64.
Coinbase Global (NASDAQ:COIN - Get Free Report) 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 business had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same period last year, the business earned $0.28 earnings per share. The firm's revenue for the quarter was up 55.1% compared to the same quarter last year. On average, equities research analysts expect that Coinbase Global, Inc. will post 7.22 earnings per share for the current year.
Key Headlines Impacting Coinbase Global
Here are the key news stories impacting Coinbase Global this week:
- Positive Sentiment: Goldman Sachs upgraded COIN to Buy, highlighting infrastructure revenue growth and driving renewed investor interest in Coinbase’s higher‑margin products. Goldman Sachs Upgrade
- Positive Sentiment: Multiple brokerages (Bernstein, Monness) reiterated/initiated Buy ratings, reinforcing bullish analyst coverage and supporting flows into the stock. Bernstein Keeps Buy
- Positive Sentiment: Coinbase’s ecosystem adoption expands: an external fintech (OwlTing) announced integration with Coinbase’s x402 standard, which could accelerate real‑world payments and merchant on‑ramps for Coinbase tech. OwlTing Integration
- Positive Sentiment: Strategic wins: Coinbase’s 2025 push (S&P 500 inclusion, 10 acquisitions including Deribit, MiCA approval) are longer‑term positives for scale, diversification and regulatory clearance in Europe. S&P 500 & Acquisitions
- Neutral Sentiment: Management is pitching 2026 as an inflection toward a “global market operator” beyond exchange trading — strategic narrative that can justify multiple valuation paths but will take time to prove. Strategy Shift Article
- Neutral Sentiment: Coinbase researchers warned about quantum‑computing risks to Bitcoin security; this raises long‑term technology risk awareness but is not an immediate revenue threat. Quantum Risk
- Negative Sentiment: CEO Brian Armstrong warned China’s decision to pay interest on its digital yuan could give China a payments advantage and hurt dollar‑pegged stablecoins — a policy/competitive risk that could pressure US stablecoin adoption and margins. Armstrong on Digital Yuan
- Negative Sentiment: Insider sales: CEO Brian Armstrong and a director disclosed large share sales (early January), which can sap near‑term sentiment even if routine. SEC Form 4
- Negative Sentiment: Regional operational headwinds: Coinbase paused local fiat rails in Argentina and faces other country‑level blockages, illustrating execution/regulatory friction in new markets. Argentina Fiat Halt
- Negative Sentiment: Technical/flow pressure: chart patterns (death cross) and recent bitcoin weakness have prompted caution among technical traders, contributing to downward momentum. Technical Concerns
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the company. Needham & Company LLC cut their target price on Coinbase Global from $400.00 to $290.00 and set a "buy" rating for the company in a research note on Monday, December 29th. HC Wainwright upgraded shares of Coinbase Global from a "sell" rating to a "buy" rating and increased their price objective for the company from $300.00 to $425.00 in a research note on Thursday, October 30th. Monness Crespi & Hardt raised shares of Coinbase Global from a "neutral" rating to a "buy" rating and set a $375.00 price objective for the company in a report on Monday, November 10th. B. Riley lifted their target price on shares of Coinbase Global from $185.00 to $243.00 and gave the company a "neutral" rating in a research report on Monday, November 3rd. Finally, Compass Point set a $230.00 price target on shares of Coinbase Global in a research report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Coinbase Global presently has an average rating of "Moderate Buy" and a consensus price target of $376.74.
Check Out Our Latest Report on Coinbase Global
Institutional Trading of Coinbase Global
Several large investors have recently added to or reduced their stakes in COIN. Alliancebernstein L.P. raised its stake in shares of Coinbase Global by 48.0% in the first quarter. Alliancebernstein L.P. now owns 106,885 shares of the cryptocurrency exchange's stock valued at $18,409,000 after acquiring an additional 34,676 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in Coinbase Global by 24.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange's stock valued at $365,000 after purchasing an additional 413 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Coinbase Global by 37.6% during the 1st quarter. NewEdge Advisors LLC now owns 12,683 shares of the cryptocurrency exchange's stock valued at $2,184,000 after purchasing an additional 3,467 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its position in Coinbase Global by 1.1% in the 1st quarter. Signature Estate & Investment Advisors LLC now owns 6,215 shares of the cryptocurrency exchange's stock valued at $1,070,000 after purchasing an additional 70 shares during the last quarter. Finally, Arete Wealth Advisors LLC raised its position in Coinbase Global by 38.8% in the 1st quarter. Arete Wealth Advisors LLC now owns 8,670 shares of the cryptocurrency exchange's stock valued at $1,493,000 after purchasing an additional 2,423 shares during the last quarter. 68.84% of the stock is owned by institutional investors.
About Coinbase Global
(
Get Free Report)
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.
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