Monness, Crespi, Hardt upgraded Coinbase Global Inc (COIN) to Buy from Neutral on November 9, 2025. The stock is currently priced at $304.45.
The upgrade reflects a more optimistic view of Coinbase's prospects, possibly indicating improved fundamentals or better-than-expected business performance. Analyst ratings and price targets represent professional opinions based on extensive research and financial models. While these assessments can provide useful insights, they are based on assumptions that may not materialize as expected.
Coinbase operates in the financial services industry, providing a platform for users to engage with crypto assets. The company, headquartered in New York City, employs 3,772 full-time staff and went public on April 14, 2021. As of November 8, 2025, Coinbase has a market capitalization of $83.4 billion, a P/E ratio of 25.90, and an EPS of 11.51.
Upcoming earnings are scheduled for July 28, 2026, with an estimated EPS of $1.66 and revenue of $2.0 billion. The recent earnings performance shows a Q3 2025 EPS of $1.50, surpassing estimates by 39.1%. Analyst consensus indicates a Buy rating, with 10 Strong Buy, 18 Buy, 15 Hold, 0 Sell, and 1 Strong Sell ratings as of November 1, 2025.
Such decisions reflect the evolving sentiment among analysts, which can change as new information becomes available. Investors should consider multiple factors, including company fundamentals and industry trends, when making investment decisions.