Citi expands Coinbase payments and Baird lifts Coinbase stock target
Published on 10/01/2026 at 09:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Coinbase (ISIN US19260Q1076) was trading at EUR 165.68 at Lang & Schwarz on October 1, 2026 at 9:35 a.m. CEST, up 0.72 percent versus the prior close of EUR 164.50. Yahoo Finance reported on September 29, 2026 that Citi and Coinbase expanded their partnership with two stablecoin payment products, while MarketBeat reported on September 28, 2026 that Robert W. Baird raised its target from USD 130.00 to USD 205.00 and kept a neutral rating.
Citi adds two payment routes
The Citi arrangement gives Coinbase payments customers bank-account-like functionality through virtual accounts, with incoming fiat automatically converted into stablecoins. Citi's Spring platform will also let institutional merchants accept stablecoin payments while Coinbase handles the digital-asset infrastructure and Citi settles the funds.
The products launch first in the United States, according to Yahoo Finance. The report said the initiative could serve more than 150 million stablecoin holders globally, giving Coinbase a payments channel that is less dependent on retail trading activity.
Quarterly loss keeps pressure high
Coinbase reported USD 1.22 billion in revenue in the second quarter of 2026, down 18.50 percent from the prior-year quarter, while its adjusted loss was USD 1.36 per share against a USD 0.44 consensus loss. Capital.com reported that the quarter also produced USD 207.80 million in adjusted EBITDA, down from USD 303.30 million in the first quarter of 2026. The comparison makes the Citi expansion strategically important, but it does not yet quantify how much revenue the new payment routes can generate.
October results set the next test
Coinbase's next scheduled results date is October 29, 2026, according to MarketBeat. The same calendar lists consensus earnings per share of minus USD 0.34 and expected revenue of USD 1.17 billion for the third quarter of 2026, making the report a direct test of whether payments diversification can offset weaker trading conditions.
Coinbase stock trades at EUR 165.68
Coinbase was trading at EUR 165.68 at Lang & Schwarz on October 1, 2026 at 9:35 a.m. CEST, up 0.72 percent versus the prior close of EUR 164.50. The primary listing is Nasdaq, where Coinbase trades in USD; the Lang & Schwarz quote remains the reference price for investors viewing the stock in euros. The further course of trading is shown by the continuously updated real-time quote of Coinbase stock.
Coinbase market and earnings facts
- Company: Coinbase Global, Inc.
- ISIN: US19260Q1076
- Ticker: COIN
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 1, 2026, 9:35 a.m. CEST): EUR 165.68
- Change versus prior close: plus 0.72 percent
- Prior close Lang & Schwarz (September 30, 2026): EUR 164.50
- Market capitalization: USD 49.2 billion (as of September 30, 2026)
- 52-week range: USD 139.11-USD 402.16 (as of September 30, 2026)
- Sector / Industry: Financial Services / Financial - Data and Stock Exchanges
- Next earnings date: October 29, 2026
