Analyst Downgrade Casts Shadow Over Coinbase Outlook
22.02.2026 - 05:00:07 | boerse-global.de
A prominent Wall Street research firm has adopted a decidedly bearish stance on Coinbase Global, Inc., slashing its price target and reiterating a sell recommendation. Compass Point Research & Trading significantly reduced its target for the cryptocurrency exchange’s shares to $140, down from a previous estimate of $190.
The downgrade follows the company’s latest quarterly earnings report, which revealed a net loss of $667 million. Analysts at Compass Point point to a marked decline in user trading activity across both spot and derivative markets since those results were published. They argue that current market expectations for Coinbase’s performance this year appear overly optimistic.
The firm’s analysis Read more...
en | US19260Q1076 | ANALYST | boerse | 68600377 |
