H.C. Wainwright Cuts Price Target on Coinbase Global (COIN) But Maintains Buy Rating

On May 9, H.C. Wainwright lowered its terms proposal connected Coinbase Global Inc. (NASDAQ:COIN) to $310 from $350. It reiterated a Buy standing connected the shares. The steadfast said Coinbase’s first-quarter results came successful weaker than expected, and near-term guidance besides fell abbreviated of expectations. Even so, the expert noted that absorption is inactive making advancement connected cardinal strategical goals. These see expanding products, gaining marketplace share, strengthening its presumption successful stablecoins, and maintaining tighter power implicit expenses. The expert added that those efforts could enactment a stronger 2nd fractional of 2026 if crypto prices recover, trading volumes improve, and regulatory clarity becomes much favorable.

Also connected May 9, Monness Crespi lowered its terms extremity connected Coinbase to $110 from $115 and kept a Sell standing connected the shares. The steadfast said Coinbase missed statement estimates for some gross and EBITDA successful the archetypal quarter. The expert besides pointed to continued spot marketplace stock losses connected a trading measurement basis, contempt management’s comments during the quarter. According to the firm, the biggest contented heading into 2026 is however CLARITY could impact gross stock dynamics.

Coinbase Global Inc. (NASDAQ:COIN) operates arsenic a holding institution for Coinbase, Inc. and its subsidiaries. The institution provides a level designed to springiness users compliant entree to the on-chain economy, allowing them to interact with crypto assets done some Coinbase products and third-party decentralized applications.

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