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Coinbase Shares Plummet After Missing Q2 Revenue and Earnings Targets

Guavy AI Editorial Team
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Coinbase shares dropped 5.6% to $154.49 in after-hours trading on Thursday, July 30, 2026, following the company's second-quarter earnings report.

The net revenue fell short of Coinbase's compiled consensus by 5.8%, while adjusted EBITDA came in 36.5% below expectations.

Coinbase reported a total revenue of $1.22 billion, which represents a 19% decline from the same quarter last year and missed FactSet's forecast of $1.29 billion.

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