Piper Sandler Reiterates Neutral Rating on Coinbase Global Inc. (COIN)

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Coinbase Global Inc. (COIN) PT Lowered to $295 at H.C. Wainwright

August 2, 2024 6:00 AM EDT

H.C. Wainwright analyst Mike Colonnese lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $295.00 (from $315.00) while maintaining a Buy rating.

The analyst comments "Recent shift in tone in D.C. for crypto has strengthened our bullish outlook for the stock and the industry. Yesterday (8/1) after the close, Coinbase reported solid 2Q24 results despite industry wide q/q declines in global crypto trading volumes in the quarter following elevated levels of activity in 1Q catalyzed by the launch of the spot BTC ETFs in the U.S. in January, as the... More

Coinbase Global Inc. (COIN) PT Raised to $206 at Barclays

August 2, 2024 5:56 AM EDT

Barclays analyst Benjamin Budish raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $206.00 (from $196.00) while maintaining a Underweight rating.... More

Coinbase Global Inc. (COIN) PT Raised to $245 at Jefferies

August 2, 2024 5:14 AM EDT

Jefferies analyst Trevor Williams raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $245.00 (from $215.00) while maintaining a Hold rating.

The analyst comments "Top-line beat by ~3% as Subs & Svcs strength (staking, stablecoin) more than offset a transaction revenue miss as... More

Coinbase Q2 revenue beats estimates despite falling trading volumes

August 1, 2024 5:26 PM EDT

Investing.com -- Coinbase reported Thursday second-quarter revenue that topped Wall Street estimates even as trading volumes fell by more than quarter as the boost from the bitcoin-spot ETF faded.  


Coinbase Global Inc (NASDAQ:... More

After-hours movers: Apple, Intel, Amazon, and more

August 1, 2024 4:51 PM EDT

After-Hours Stock Movers:

Apple (NASDAQ: AAPL) rose 1% after it reported another strong quarter, beating consensus estimates on the top and bottom line. Services revenue reached a new all-time high.

Intel (NASDAQ:... More

Coinbase (COIN) Misses Q2 EPS by 80c

August 1, 2024 4:14 PM EDT

Coinbase (NASDAQ: COIN) reported Q2 EPS of $0.14, $0.80 worse than the analyst estimate of $0.94. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.38 billion.

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

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Coinbase's second-quarter revenue surges on crypto trading revival

August 1, 2024 4:13 PM EDT

(Reuters) -Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to life thanks to market euphoria over easing regulatory roadblocks.

Crypto markets have gotten a shot in the arm this year from the U.S. Securities and Exchange Commission's approval of an exchange-traded fund to track the spot price of bitcoin and more recently, ether, the second-biggest crypto token.

Shares in the crypto exchange rose... More

Coinbase (COIN) call put ratio 3.4 calls to 1 put with focus on August 2 weekly calls

July 31, 2024 11:14 AM EDT

Coinbase (NASDAQ: COIN) August weekly call option implied volatility is at 136, August is at 81; compared to its 52-week range of 59 to 103 into expected release of quarter results before the bell on August 1.

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Coinbase adds three new board members to help sway U.S. crypto policy

July 31, 2024 5:14 AM EDT

Coinbase (NASDAQ: COIN) has announced the addition of three new members to its board of directors, including an executive from OpenAI, the maker of ChatGPT. The move is part of the company's efforts to influence U.S. crypto policy, according to a statement given by Coinbase to Reuters on Thursday.

The new board members are Chris Lehane, an executive at OpenAI; Paul Clement, former U.S. Solicitor General... More

Coinbase (COIN) call put ratio 2.2 calls to 1 put into quarter results

July 31, 2024 5:00 AM EDT

Coinbase (NASDAQ: COIN) August 2 weekly 225 straddle priced for a move of 9% into expected release of quarter results before the bell on August 1.

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