Crypto

Coinbase Plummets to New Low After Earnings Miss

Guavy AI Editorial Team Published August 2, 2026

Coinbase Global (NASDAQ:COIN) has reached a new 12-month low after Oppenheimer downgraded its price target from $209.00 to $193.00.

The cryptocurrency exchange's stock traded as low as $139.11 and last traded at $146.26, with a volume of 20,822,632 shares traded.

This comes after the company posted a GAAP net loss of approximately $359 million, or $1.36 per share, in its third quarter earnings report, which missed estimates by $0.92.

Crypto PAC Dumps $2M+ on Michigan House Race Ahead of Primary

Crypto 7m ago

Chinese Police AI Algorithm Cracks Down on Cryptocurrency Money Laundering

Crypto 9m ago

Kushner-Dahlan Ceasefire Deal Set to Take Effect in Gaza

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. 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

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

Terms Privacy Policy