17.6706.83% ( +1.130 )
Closed: Oct 30, 16:00:00 (EDT)Weekly Recap | Coinbase -3.47%, consensus target above spot
Weekly Review·- Coinbase stock fell 3.47% over the week to close at $173.16 amidst volatile trading driven by rising Federal Reserve rate hike expectations and macroeconomic sentiment. - The company advanced several initiatives, including post-quantum migration recommendations for Bitcoin, stablecoin card payment partnerships, and AI crypto payments. - Institutional consensus remains bullish with a buy rating and an average target price of $212.15, while the upcoming third-quarter earnings report is scheduled for October 29.
