Top Wall Street Forecasters Revamp Coinbase Price Expectations Ahead Of Q4 Earnings

Coinbase Global, Inc. COIN will release its fourth-quarter financial results, after the closing bell, on Thursday, Feb. 13, 2025.

Analysts expect the New York-based company to report quarterly earnings at $2.13 per share, up from $1.04 per share in the year-ago period. Coinbase projects quarterly revenue of $1.84 billion, compared to $953.79 million a year earlier, according to data from Benzinga Pro.

Coinbase missed analysts' revenue estimates in the third quarter, but has beaten estimates in seven of the last 10 quarters overall.

Coinbase shares gained 3% to close at $274.90 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

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Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • HC Wainwright & Co. analyst Mike Colonnese maintained a Buy rating and raised the price target from $255 to $330 on Feb. 12, 2025. This analyst has an accuracy rate of 77%.
  • Needham analyst John Todaro maintained a Buy rating and cut the price target from $420 to $330 on Feb. 7, 2025. This analyst has an accuracy rate of 86%.
  • Mizuho analyst Dan Dolev upgraded the stock from Underperform to Neutral and raised the price target from $250 to $290 on Jan. 29, 2025. This analyst has an accuracy rate of 69%.
  • Oppenheimer analyst Owen Lau maintained an Outperform rating and cut the price target from $358 to $334 on Jan. 17, 2025. This analyst has an accuracy rate of 72%.
  • Keefe, Bruyette & Woods analyst Kyle Voigt maintained a Market Perform rating and slashed the price target from $275 to $255 on Jan. 13, 2025. This analyst has an accuracy rate of 67%.

Considering buying COIN stock? Here’s what analysts think:

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