UPDATE: Coinbase Global Inc. (COIN) PT Raised to $51 at Goldman Sachs

Coinbase (COIN) Stock Drops on Narrowed User Guidance, Analysts Cut Price Targets

Shares of Coinbase (NASDAQ: COIN) are down over 7% in premarket Wednesday after the company reported Q2 results and full-year forecast for monthly users.

Coinbase reported an adjusted Ebitda loss of $151 million, better than the analyst consensus of $187.2 million. Revenue came in at $808.3 million to miss on the $854.8 million.

The number of monthly transaction users came in at 9 million, up 2.3% on YoY basis, and better than... More

Coinbase Global Inc. (COIN) PT Lowered to $220 at BTIG

BTIG analyst Mark Palmer lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $220.00 (from $290.00) while maintaining a Buy rating.... More

Coinbase Global Inc. (COIN) PT Raised to $80 at US Tiger Securities

US Tiger Securities analyst Bo Pei raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $80.00 (from $50.00) while maintaining a Hold rating.... More

Coinbase Global Inc. (COIN) PT Lowered to $115 at Piper Sandler

Piper Sandler analyst Richard Repetto lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $115.00 (from $120.00) while maintaining a Overweight rating.... More

Keefe, Bruyette & Woods Downgrades Coinbase Global Inc. (COIN) to Underperform

Keefe, Bruyette & Woods analyst Kyle Voigt downgraded Coinbase Global Inc. (NASDAQ: COIN) from Market Perform to Underperform with a price target of $45.00.

For an analyst ratings summary and ratings history on Coinbase Global Inc.... More

Stocks expected to have increasing option volume: COIN DIS RIVN RBLX AKAM

Stocks expected to have increasing option volume: COIN DIS RIVN RBLX AKAM

Coinbase Global Inc. (COIN) PT Raised to $64 at JPMorgan

JPMorgan analyst Kenneth Worthington raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $64.00 (from $61.00) while maintaining a Neutral rating.... More

Coinbase Global Inc. (COIN) PT Lowered to $195 at JMP Securities

JMP Securities analyst Devin Ryan lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $195.00 (from $205.00) while maintaining a Market Outperform rating.... More

After-Hours Movers: Trade Desk Climbs After Results, Roblox and Coinbase Sink

Magic Empire Global Limited (NASDAQ: MEGL) +30%; shares declined 89% intraday.

The Trade Desk Inc. (NASDAQ: TTD) +16%; reported Q2 EPS of $0.20, in-line with the analyst estimate of $0.20. Revenue for the quarter came in at $377 million versus the consensus estimate of $364.87 million.GUIDANCE: The Trade Desk Inc. sees Q3 2022 revenue of at least $385... More

Coinbase Reports Q2 Miss, Anticipates Further Drop in Users, Shares Down 5%

Coinbase (NASDAQ: COIN) shares were trading more than 5% lower after-hours following the companys reported Q2 results, with EPS of ($4.98) coming in significantly worse than the consensus estimate of ($2.44).

Revenue declined 31% quarter-over-quarter to $808.3 million (vs. consensus of $879.69 million), of which $655 million was transaction revenue (down 35%... More

Mizuho Securities on Coinbase Global Inc. (COIN): 'We suspect that the increase in retail take rates could be for the wrong reasons', Keeps $42 Target

Mizuho Securities analyst Dan Dolev reiterated a Neutral rating and $42.00 price target on Coinbase Global Inc. (NASDAQ: COIN)

The analyst comments "COIN reported a blended take rate of 33bps vs. 33bps in 1Q. This was comprised of 134bps retail yields (vs.... More

Coinbase posts loss as crypto market turmoil hits trading volumes

By Mehnaz Yasmin

(Reuters) -Coinbase Global Inc reported a larger-than-expected quarterly loss as investors worried by this year's rout in risky assets shied away from trading in cryptocurrencies, sending its shares down 6% after the bell on Tuesday.

Trading volumes at the cryptocurrency exchange more than halved to $217 billion in the second quarter, with retail participation sinking 68% and institutional trading falling 46%.

Coinbase said it... More

Coinbase (COIN) Q2 Revenue Misses Consensus

Coinbase (NASDAQ: COIN) reported Q2 EPS of ($4.98), may not compare the analyst estimate of ($2.44). Revenue for the quarter came in at $808.3 million versus the consensus estimate of $879.69 million.

For earnings history and earnings-related data on Coinbase (COIN) click here.

Coinbase (COIN) call put ratio 1 call to 1.3 puts as shares sell off into quarter results and outlook

Coinbase (NASDAQ: COIN) August weekly call option implied volatility is at 244, August is at 167; compared to its 52-week range of 46 to 174 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1.3 puts.

Coinbase (COIN) August weekly 98 straddle priced for a move of 20% into quarter results

Coinbase (NASDAQ: COIN) August weekly 98 straddle priced for a move of 20% into the expected release of quarter results today after the bell.

Stocks expected to have increasing option volume: COIN DIS CPRI UPST GOLD

Stocks expected to have increasing option volume: COIN DIS CPRI UPST GOLD

Coinbase (COIN) option implied volatility elevated as shares trade $100 into quarter results

Coinbase (NASDAQ: COIN) August weekly call option implied volatility is at 238, August is at 174; compared to its 52-week range of 46 to 174 into the expected release of quarter results after the bell on August 9.

Coinbase (COIN) August weekly 93 straddle priced for a move of 21% into quarter results

Coinbase (NASDAQ: COIN) August weekly 93 straddle priced for a move of 21% into the expected release of quarter results after the bell on August 9.

Coinbase (COIN) August weekly 93 straddle priced for a move of 21% into quarter results a

Coinbase (NASDAQ: COIN) August weekly 93 straddle priced for a move of 21% into the expected release of quarter results after the bell on August 9.