Cantor Fitzgerald Ups Coinbase Price Target to $212 Amid Crypto Market Gains
Cantor Fitzgerald has increased its price target for Coinbase Global Inc.'s (NASDAQ:COIN) stock to $212 from $184, while maintaining an Overweight rating.
The firm updated its model to reflect management commentary and third-quarter 2026 guidance, which includes subscription and services revenue of approximately $500 million to $580 million.
Cantor Fitzgerald's analyst Ramsey El-Assal issued the updated target based on a discounted cash flow analysis, with Coinbase currently trading at $181.13 and having a market cap of $47.74 billion.