Form 8-K Coinbase Global, Inc. For: Feb 24

Go back to Form 8-K Coinbase Global, Inc. For: Feb 24

Coinbase Global Inc. (COIN) PT Lowered to $296 at JPMorgan, 'We continue to recommend Coinbase'

February 25, 2022 4:27 AM EST

JPMorgan analyst Kenneth Worthington lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $296.00 (from $345.00) while maintaining a Overweight rating.

The analyst comments "We rate Coinbase Overweight. We see Coinbase as both a leading driver and beneficiary of the cryptocurrency... More

Coinbase (COIN) Reports Strong Q4 Beat, Provides Outlook

February 24, 2022 4:50 PM EST

Coinbase (NASDAQ: COIN) reported its Q4 results, with EPS of $3.32 coming in significantly higher than the Street estimate of $1.80. Revenue was $2.49 billion, above the Street estimate of $1.89 billion.

The company ended the year with 11.4 million Monthly Transacting Users (over 4x vs. 2020, and up... More