<div id="readability-page-1"><p><span>Coinbase Global (NASDAQ:COIN)</span> had its price target lifted by research analysts at Citigroup  from $270.00 to $505.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a &#34;buy&#34; rating on the cryptocurrency exchange's stock. Citigroup's price target suggests a potential upside of 35.47% from the company's current price.</p><div><p><span></span><span>Get <strong>Coinbase Global</strong> alerts:</span></p></div><ul><li>Bitcoin and Ethereum Surge: Here Are 5 Set to Ride the Wave</li></ul><p>COIN has been the subject of several other reports. JMP Securities raised their target price on shares of Coinbase Global from $400.00 to $440.00 and gave the company a &#34;market outperform&#34; rating in a research note on Monday, July 14th. Keefe, Bruyette &amp; Woods increased their price objective on Coinbase Global from $183.00 to $205.00 and gave the company a &#34;market perform&#34; rating in a report on Friday, May 9th. Oppenheimer raised their price objective on Coinbase Global from $395.00 to $417.00 and gave the stock an &#34;outperform&#34; rating in a research report on Monday, July 14th. Piper Sandler upped their target price on Coinbase Global from $190.00 to $350.00 and gave the company a &#34;neutral&#34; rating in a research report on Monday, July 21st. Finally, Rosenblatt Securities increased their price target on Coinbase Global from $300.00 to $470.00 and gave the company a &#34;buy&#34; rating in a research note on Thursday, July 17th. One research analyst  has rated the stock with a sell rating, eleven have given a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, Coinbase Global currently has an average rating of &#34;Hold&#34; and an average price target of $330.27.</p><p><b>Read Our Latest Research Report on COIN</b></p><h2>Coinbase Global Stock Down 1.8%</h2><ul><li>Crypto Skeptics Can Still Win Big With These Risk-Limiting ETFs</li></ul><p>Shares of COIN traded down $6.70 during trading hours on Tuesday, hitting $372.79. The company had a trading volume of 7,089,887 shares, compared to its average volume of 11,400,865. The company has a current ratio of 2.52, a quick ratio of 2.52 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $94.64 billion, a PE ratio of 69.85, a price-to-earnings-growth ratio of 29.86 and a beta of 3.70. Coinbase Global has a one year low of $142.58 and a one year high of $444.64. The company's fifty day moving average price is $319.92 and its two-hundred day moving average price is $256.73. </p><p>Coinbase Global (NASDAQ:COIN - Get Free Report) last announced its earnings results on Thursday, May 8th. The cryptocurrency exchange reported $1.94 EPS for the quarter, missing analysts' consensus estimates of $2.18 by ($0.24). Coinbase Global had a return on equity of 20.25% and a net margin of 21.14%. The firm had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter in the prior year, the firm posted $2.53 earnings per share. The business's revenue for the quarter was up 24.2% compared to the same quarter last year.  As a group, equities analysts forecast that  Coinbase Global will post 7.22 earnings per share for the current fiscal year. </p><h2>Insider Activity at Coinbase Global</h2><ul><li>Coinbase: Analysts Call for New Ceilings—What's Driving Gains?</li></ul><p>In related news, insider Paul Grewal sold 10,000 shares of the firm's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $348.64, for a total transaction of $3,486,400.00. Following the sale, the insider owned 82,328 shares in the company, valued at approximately $28,702,833.92. This trade represents a 10.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Also, CFO Alesia J. Haas sold 3,000 shares of the firm's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $360.20, for a total transaction of $1,080,600.00. Following the sale, the chief financial officer owned 97,366 shares in the company, valued at approximately $35,071,233.20. This represents a 2.99% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,208,340 shares of company stock worth $439,997,456. 23.43% of the stock is owned by company insiders. </p><h2>Institutional Trading of Coinbase Global</h2><p>Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in  Coinbase Global by 24.0% during the first quarter. Envestnet Asset Management Inc. now owns 51,447 shares of the cryptocurrency exchange's stock valued at $8,861,000 after buying an additional 9,952 shares during the period.  Amalgamated Bank grew its position in shares of  Coinbase Global by 4.8% in the first quarter. Amalgamated Bank now owns 13,747 shares of the cryptocurrency exchange's stock valued at $2,368,000 after purchasing an additional 629 shares during the period.  KCM Investment Advisors LLC acquired a new stake in shares of  Coinbase Global in the fourth quarter valued at about $507,000.  GAMMA Investing LLC grew its position in shares of  Coinbase Global by 8.1% in the first quarter. GAMMA Investing LLC now owns 1,123 shares of the cryptocurrency exchange's stock valued at $193,000 after purchasing an additional 84 shares during the period.  Finally, Kingswood Wealth Advisors LLC grew its position in shares of  Coinbase Global by 124.5% in the first quarter. Kingswood Wealth Advisors LLC now owns 2,622 shares of the cryptocurrency exchange's stock valued at $453,000 after purchasing an additional 1,454 shares during the period. Institutional investors and hedge funds own  68.84% of the company's stock. </p><h2>Coinbase Global Company Profile</h2> (Get Free Report)<p>Coinbase Global, Inc provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.</p><h2>See Also</h2><ul><li>Five stocks we like better than Coinbase Global</li><li>What is the Euro STOXX 50 Index?</li><li>Act Fast: These 3 Undervalued Stocks Won’t Stay Low for Long</li><li>3 Ways To Invest In Coffee, Other Than Drinking It</li><li>Top 220 Most Beloved Local Businesses Across the U.S. [2025 Survey]</li><li>What is a support level?</li><li>Can HCA Healthcare Revive the Market’s Weakest Sector?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q09JTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q09JTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Coinbase Global Right Now?</h2><p>Before you consider Coinbase Global, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coinbase Global wasn't on the list.</p><p>While Coinbase Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Citigroup has raised its price target for Coinbase Global (NASDAQ:COIN) from $270 to $505, maintaining a "buy" rating. This suggests a potential upside of 35.47% from the current price. Other analysts have also increased their price targets, with an average target of $330.27. Despite a recent drop in stock price, Coinbase reported a revenue increase of 24.2% year-over-year, although it missed EPS estimates. Insider trading activity has seen significant sales, with 23.43% of shares owned by insiders.</p>

- Citigroup raised its price target for Coinbase Global from $270.00 to $505.00, maintaining a "buy" rating, indicating a potential upside of 35.47%.  
- Other analysts have also adjusted their price targets, with JMP Securities setting it at $440.00 and Oppenheimer at $417.00, while the average target stands at $330.27.  
- Coinbase's stock recently traded down to $372.79, with a market capitalization of $94.64 billion and a reported EPS of $1.94 for the last quarter.  

Citigroup Forecasts Strong Price Appreciation for Coinbase Global (NASDAQ:COIN) Stock