Coinbase Global (COIN, Financial), the leading cryptocurrency exchange platform, has recently received new analyst attention from William Blair. The firm initiated coverage on June 11, 2025, with analyst Andrew Jeffrey at the helm.
In his initial coverage report, Andrew Jeffrey has assigned an "Outperform" rating to Coinbase Global (COIN, Financial). This rating suggests that the analyst expects the company's stock to perform better than the overall market over the next 12 months.
Notably, William Blair has not set a specific price target for Coinbase Global (COIN, Financial) at this time. The absence of a price target leaves room for potential future updates as the market conditions evolve.
Investors in Coinbase Global (COIN, Financial) may view this "Outperform" rating as a positive indicator of the company's growth prospects in the competitive cryptocurrency sector. Keep an eye on further updates or subsequent reports that might clarify the firm's stance with more detailed financial projections.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 27 analysts, the average target price for Coinbase Global Inc (COIN, Financial) is $269.96 with a high estimate of $400.00 and a low estimate of $185.00. The average target implies an upside of 5.89% from the current price of $254.94. More detailed estimate data can be found on the Coinbase Global Inc (COIN) Forecast page.
Based on the consensus recommendation from 31 brokerage firms, Coinbase Global Inc's (COIN, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Coinbase Global Inc (COIN, Financial) in one year is $211.65, suggesting a downside of 16.98% from the current price of $254.94. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Coinbase Global Inc (COIN) Summary page.
