Crypto

BofA Bolsters Coinbase Price Target to $203 Amid Stablecoin Revenue Boost

Guavy AI Editorial Team Published October 5, 2026

Instruments

USDC

Bank of America has raised its price target for Coinbase (COIN) stock to $203 from $174. The bank also increased its earnings estimates for 2027 and 2028, citing higher revenue from USDC reserves after the Federal Reserve's September rate hike.

Although Coinbase's near-term outlook remains weaker due to lower trading volumes, Bank of America expects stablecoin revenue to support future earnings growth.

The Wire

Keep reading for free.

You've read 3 free articles in the last 24 hours. Create a free account for unlimited access, no card required.

Create free account Already have an account? Sign in

No spam. Unsubscribe anytime.

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

Terms Privacy Policy