On Oct 31, major Wall Street analysts update their ratings for $Coinbase (COIN.US)$, with price targets ranging from $214 to $320.
BofA Securities analyst Mark McLaughlin CFA maintains with a hold rating, and sets the target price at $214.
Oppenheimer analyst Owen Lau maintains with a buy rating, and adjusts the target price from $282 to $265.
Needham analyst John Todaro maintains with a buy rating, and adjusts the target price from $260 to $290.
Piper Sandler analyst Patrick Moley maintains with a hold rating, and maintains the target price at $245.
CCORF analyst Joseph Vafi maintains with a buy rating, and maintains the target price at $280.
Furthermore, according to the comprehensive report, the opinions of $Coinbase (COIN.US)$'s main analysts recently are as follows:
Coinbase is poised to potentially benefit from the long-term adoption of cryptocurrency, underscored by its continuous streak of product introductions and innovations. The anticipated growth in earnings per share for the fiscal years 2025 and 2026 reflects this optimism.
Coinbase's third-quarter revenue and adjusted EBITDA fell short of estimates, with volumes slightly under expectations. The notable miss in retail transactions was primarily due to a significant share of low- or no-fee stablecoin pair trading. Despite potential near-term pressure on the stock, attention is shifting back towards the election.
Here are the latest investment ratings and price targets for $Coinbase (COIN.US)$ from 6 analysts:
Note:
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