Coinbase Stock (COIN) Forecast: 90% Upside Potential Despite Market Downturn, Says Analyst

A prominent Wall Street analyst reaffirms a strong buy rating for Coinbase Global, Inc. (COIN), projecting a significant 90% upside potential for its shares. This bullish outlook persists even amid the recent broader cryptocurrency market pullback. The analyst highlights Coinbase's robust market position, diversified revenue streams beyond simple trading fees, and its role as a key infrastructure provider in the digital asset ecosystem as primary drivers for this optimistic valuation. The report suggests that current market volatility presents a strategic buying opportunity for long-term investors, with Coinbase poised to benefit from eventual crypto market recovery and increased institutional adoption.