Crypto

Coinbase Stock Sinks on Missed Revenue Estimates

Guavy AI Editorial Team Published July 30, 2026

Coinbase's stock price dropped by 5% on Thursday after missing second quarter revenue estimates.

The company reported that its net income was $1.17 billion, exceeding expectations of $1.12 billion.

However, revenue came in at $2.68 billion, lower than the estimated $2.74 billion.

CoinDesk notes that Coinbase is part of Bullish (NYSE:BLSH), a digital asset platform that provides market infrastructure and information services.

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