--- title: "Coinbase to Beat Q2 Earnings? What Prediction Markets Are Signaling as COIN Stock Flashes Mixed Signals" type: "News" locale: "en" url: "https://longbridge.com/en/news/294176821.md" description: "Prediction markets indicate a low probability (5%) that Coinbase will beat Q2 earnings expectations, with GAAP EPS needing to exceed $0.03. While analysts maintain a 'Buy' rating with an average target of $287, recent price target cuts and insider sales suggest caution. Short interest has declined, a bullish signal, yet the stock remains down 25% year-to-date with weak technical trends." datetime: "2026-07-29T08:31:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294176821.md) - [en](https://longbridge.com/en/news/294176821.md) - [zh-HK](https://longbridge.com/zh-HK/news/294176821.md) generator: "portal-rs" --- # Coinbase to Beat Q2 Earnings? What Prediction Markets Are Signaling as COIN Stock Flashes Mixed Signals Cryptocurrency bettors see a low probability that **Coinbase Global Inc.** (NASDAQ:COIN) will surpass second-quarter earnings expectations when it reports after the market close on Thursday. ## Prediction Markets Pricing an Earnings Miss **Polygon** (CRYPTO: POL)-based **Polyamarket** currently puts only a 5% chance on this outcome, down sharply from 50% barely ten days ago. This market will resolve to “Yes” if Coinbase reports GAAP earnings per share greater than $0.03—the Street consensus estimate for the second quarter. Coinbase is also expected to report $1.35 billion in revenue for the quarter, a 10% decline from the same period last year. **Read Also: Coinbase Policy Chief Says CLARITY Act Is Critical to Keep Crypto Lead Over China** ## Current bias on COIN stock: Bearish or Bullish? The COIN stock carried a consensus “Buy” rating, with 27 analysts setting an average price target of $287. What stands out is that six of the last seven ratings cut the price targets. Meanwhile, short interest in the stock declined from 26.8 million to 24.90 million in a month, representing 11.3% of the company’s publicly available float. A drop in short interest is typically interpreted as a bullish signal. It’s worth noting that insiders, who own 0.5% of Coinbase’s total shares outstanding, executed six sales worth $7.3 million in the last 90 days. According to Coinglass data, Coinbase’s total trading volume in the second quarter was lower than in the first quarter. **Price Action**: Coinbase shares were up 0.02% in overnight trading after closing 0.24% higher at $167.90 during Tuesday’s regular trading session, according to data from Benzinga Pro. Year-to-date, the stock has fallen 25%. The COIN stock maintains a weaker price trend in the short, medium, and long term, according to Benzinga’s Edge Stock Rankings. **Read Also: Brian Armstrong Rejects 'Pivot to AI' Mindset: Says Crypto Will Power AI Agents** *Kalshi and Benzinga have an existing data collaboration agreement.* *Photo courtesy: Shutterstock By Thrive Studios ID* ### Related Stocks - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [COIA.US](https://longbridge.com/en/quote/COIA.US.md) - [COIG.US](https://longbridge.com/en/quote/COIG.US.md) - [COIO.US](https://longbridge.com/en/quote/COIO.US.md) - [COIW.US](https://longbridge.com/en/quote/COIW.US.md) - [CONI.US](https://longbridge.com/en/quote/CONI.US.md) - [CONL.US](https://longbridge.com/en/quote/CONL.US.md) - [CONX.US](https://longbridge.com/en/quote/CONX.US.md) - [CONY.US](https://longbridge.com/en/quote/CONY.US.md) - [COYY.US](https://longbridge.com/en/quote/COYY.US.md) - [FIAT.US](https://longbridge.com/en/quote/FIAT.US.md) - [ICOI.US](https://longbridge.com/en/quote/ICOI.US.md) - [07711.HK](https://longbridge.com/en/quote/07711.HK.md) - [09311.HK](https://longbridge.com/en/quote/09311.HK.md) - [SSTK.US](https://longbridge.com/en/quote/SSTK.US.md) ## Related News & Research - [Coinbase Stock (COIN) Falls as Morgan Stanley Says Firm 'Remains Meaningfully Exposed to the Crypto Cycle'](https://longbridge.com/en/news/298568629.md) - [Coinbase Global Maps ‘Everything Exchange’ Push at Citi Conference](https://longbridge.com/en/news/298713207.md) - [Coinbase Brings Back Coinbase Wallet Name After Base App Social Experiment Falls Short](https://longbridge.com/en/news/298709342.md) - [Coinbase director Marc L Andreessen disposes of 13,676 shares worth $2.48 million](https://longbridge.com/en/news/298640013.md) - [Coinbase rebrands Base App back to Coinbase Wallet after just over a year as social experiment falls short](https://longbridge.com/en/news/298631073.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**