Cantor Fitzgerald Boosts Coinbase Price Target to $212 Amid Crypto Surge

Cantor Fitzgerald has raised its price target for Coinbase Global Inc. to $212 from $184, citing crypto momentum and management commentary.

The firm updated its model to reflect third-quarter 2026 guidance, which includes subscription and services revenue of approximately $500 million to $580 million and transaction expenses in the mid-teens as a percentage of net revenue.

Coinbase's stock is currently trading at $181.13 with a market cap of $47.74 billion, reflecting its highly volatile nature with a beta of 3.36.

The new price target is based on 19 times Cantor Fitzgerald's calendar year 2027 adjusted EBITDA estimate of $2.68 billion plus a discounted cash flow analysis.