StoryFire, a Tokens.com Investment Company, Launches Token
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May 3, 2024 6:01 AM EDT
H.C. Wainwright analyst Mike Colonnese raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $315.00 (from $300.00) while maintaining a Buy rating.
The analyst comments "As expected, Coinbase delivered another strong revenue and earnings beat after the close yesterday (5/2). Total trading volumes more than doubled q/q in 1Q24 while retail and institutional take rates both ticked higher, which drove over $1B in total transaction revenues for the first time since 1Q22, while subscription and services revenues also surprised to the upside, resulting in a whopping 20% revenue beat.... More
May 3, 2024 5:41 AM EDT
Jefferies analyst Trevor Williams reiterated a Hold rating and $245.00 price target on Coinbase Global Inc. (NASDAQ: COIN).
The analyst comments "Big adj. EBITDA beat as both net revenue and OpEx were better than expectations. Retail and institutional trading volume growth... More
May 3, 2024 5:40 AM EDT
Mizuho analyst Dan Dolev reiterated an Underperform rating and $145.00 price target on Coinbase Global Inc. (NASDAQ: COIN)
The analyst comments "Overall, 1Q was strong but this was widely expected given the rise of Bitcoin & crypto volatility YTD. While take rates were... More
May 3, 2024 5:38 AM EDT
Raymond James analyst Patrick O\'Shaughnessy reiterated a Market Perform rating and {REMOVEPT} price target on Coinbase Global Inc. (NASDAQ: COIN).
The analyst comments "We maintain our Market Perform rating on Coinbase Global following 1Q24 results. Near-term momentum remains strong as the... More
