Coinbase Global (COIN) PT Lowered to $260 at Benchmark Ahead of Q1 Earnings

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Go back to Coinbase Global (COIN) PT Lowered to $260 at Benchmark Ahead of Q1 Earnings

Rosenblatt on Coinbase Global (COIN): 'one of the best-positioned to capitalize on increasing crypto adoption'

May 8, 2026 6:45 AM EDT

Rosenblatt analyst Chris Brendler reiterated a Buy rating and $240.00 price target on Coinbase Global (NASDAQ: COIN).

The analyst comments "Despite recently cutting estimates to account for recent crypto market weakness, COINs 1Q26 results still came in materially below expectations, mostly due to lower retail activity. With market malaise... More