Coinbase Announces Date of Second Quarter 2024 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/1/2026
- Wall St kicks off September under pressure as higher yields, oil prices weigh
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- The Warsh pivot markets didn't expect
Street forecasts on Coinbase stock are 'too bullish': Needham
July 19, 2024 11:54 AM EDTNeedham & Company analysts have expressed caution about the overly optimistic projections surrounding Coinbase (NASDAQ: COIN), suggesting that recent street forecasts for the company are "too bullish."
Despite a strong Q1 performance, Needham sees a challenging backdrop for the remainder of the year, leading them to adjust their forecasts accordingly.
According to Needham, "Street forecasts became too bullish following a strong Q1, and now miss the... More
