Coinbase (COIN) shares underestimate recovering profitability and accelerating expansion - Daiwa

Daiwa Securities Assumes and Upgrades Coinbase Global Inc. (COIN) to Buy (1) (Friday)

(Updated - May 8, 2023 6:24 AM EDT)

Daiwa Securities analyst Steven Nie upgraded Coinbase Global Inc. (NASDAQ: COIN) from Neutral (3) to Buy (1), PT $65.00 (from $58.00).

Friday on the market open the analyst commented "Coinbase reported 1Q23 results on 4 May after market... More

Coinbase Global Inc. (COIN) PT Lowered to $65 at Piper Sandler

Piper Sandler analyst Richard Repetto lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $65.00 (from $70.00) while maintaining a Overweight rating.... More

Apple, Coinbase, Carvana and Expedia rise premarket; Lyft falls

Investing.com -- Stocks in focus in premarket trade on Friday, May 5th. Please refresh for updates.

Apple (NASDAQ: AAPL) stock rose 2.6% after the tech giant reported a surprise rise in iPhone sales in the first quarter, helped by strong growth in India and other newer... More

Coinbase Global Inc. (COIN) PT Raised to $43 at Wells Fargo

Wells Fargo analyst Jeff Cantwell raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $43.00 (from $40.00) while maintaining a Underweight rating.... More

Coinbase Global Inc. (COIN) PT Raised to $45 at Goldman Sachs

Goldman Sachs analyst Will Nance raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $45.00 (from $40.00) while maintaining a Sell rating.... More

Coinbase Global Inc. (COIN) PT Lowered to $61 at Barclays

Barclays analyst Benjamin Budish lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $61.00 (from $74.00) while maintaining a Equalweight rating.... More

Coinbase Global Inc. (COIN) PT Raised to $59 at JPMorgan

JPMorgan analyst Kenneth Worthington raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $59.00 (from $55.00) while maintaining a Neutral rating.... More

Coinbase jumps 9% after earnings beat; Results seen as 'solid'

(Updated - May 5, 2023 6:25 AM EDT)

Investing.com - Coinbase reported first-quarter results that were better than feared on Thursday, driven by cost cuts and a jump in subscription revenue.

Coinbase Global (NASDAQ: COIN) shares are trading about 9% higher following the report.

Coinbase reported a loss of $0.34 on revenue of $772.5 million, topping expectations for a loss of $1.39 on revenue of... More

Coinbase (COIN) Tops Q1 EPS by $1.05

Coinbase (NASDAQ: COIN) reported Q1 EPS of ($0.34), $1.05 better than the analyst estimate of ($1.39). Revenue for the quarter came in at $772.53 million versus the consensus estimate of $655.04 million.

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