Coinbase Stock Price Targets Slashed by Analysts After Q4 Earnings Disappointment

Wall Street analysts have significantly reduced their price targets for Coinbase Global, Inc. (COIN) following the cryptocurrency exchange's fourth-quarter earnings report, which fell short of market expectations. Major financial institutions, including JPMorgan, Mizuho, and Deutsche Bank, downgraded their COIN stock forecasts, citing concerns over revenue volatility and trading volumes tied to crypto market conditions. The earnings miss highlights the ongoing challenges for crypto-centric firms amid regulatory uncertainty and fluctuating digital asset prices. Despite the cuts, some analysts note Coinbase's strong market position and diversification efforts into areas like staking and blockchain infrastructure as potential long-term growth drivers. The reaction underscores the sensitive link between traditional stock valuations for crypto companies and the broader digital currency ecosystem, including Bitcoin (BTC) and Ethereum (ETH).