Coinbase Stocks Surge on Analyst Upgrades and Stablecoin Push
Coinbase Global Inc stocks have been trading up by 5.35 percent amid renewed optimism over rising crypto trading volumes.
Goldman Sachs lifted its COIN price target to $219 and kept a Buy rating, while Morgan Stanley launched coverage on Coinbase with a $250 target, calling it core infrastructure for a more regulated crypto market.
Coinbase is cutting fees on Coinbase Advanced and boosting USDC and Coinbase One perks to attract active global trading volume. Shares of COIN recently spiked 10.7% to $192.65 as traders bet on its “Everything Exchange” pivot, stablecoin payments push, and new product lines.
Analysts at Morgan Stanley expect revenue and EBITDA to dip in 2026, then rebound sharply in 2027 with about 50% revenue growth and more than doubled EBITDA. This roadmap for traders willing to surf the volatility comes as Coinbase is actively reshaping its business mix, emphasizing stablecoin-based payments as a future revenue pillar.