Cantor Fitzgerald analyst Ramsey El-Assal reiterated an Overweight rating on Coinbase Global Inc. (NASDAQ: COIN).

The analyst commented, "we would be buyers of COIN at current price levels, as we see the crypto asset prices to which COIN typically correlates as closer to finding a floor. Similar to HOOD, the right long-term strategy for COIN is to buy the stock when the crypto cycle is more in “winter” territory, which is how we would characterize the current environment. We also feel that Clarity Act impacts should prove manageable. Our independent view is that a compromise with banks on stablecoin yield payments to users will involve assurances that the wording in draft versions of legislation regarding carve-outs for loyalty programs and activity-based payments will be preserved and respected. COIN has pulled back ~29% YTD (vs. the S&P 500 down ~1% YTD, as of 4/10/26), implying quite a bit of pain is already baked into shares."

For an analyst ratings summary and ratings history on Coinbase Global Inc. click here. For more ratings news on Coinbase Global Inc. click here.

Shares of Coinbase Global Inc. closed at $174.53 yesterday.