Coinbase Global (COIN) has received a Hold rating from Wells Fargo, which set a price target of $200.00. This comes on the heels of a similar Hold rating from Morgan Stanley’s Michael Cyprys, issued on October 9. However, Citi maintained a Buy rating for the company today.
In its latest earnings report for the quarter ending June 30, Coinbase reported revenue of $1.22 billion and a GAAP net loss of $359.47 million. This is a decline from the previous year’s revenue of $1.5 billion and net profit of $1.43 billion.
The corporate insider sentiment for Coinbase is currently negative, with 84 insiders having sold shares in the past quarter. Most recently, Director Frederick Wilson sold 25,068 shares in August 2026 for a total of $3,576,107.25.