These Analysts Boost Their Forecasts On Coinbase Global After Q1 Results

Benzinga

Yesterday

Coinbase Global, Inc. (NASDAQ:COIN) reported worse-than-expected first-quarter financial results on Thursday.

Coinbase reported first-quarter total revenue of $2.03 billion, missing a Street consensus estimate of $2.12 billion. Adjusted earnings per share of $1.94 missed a Street consensus estimate of $2.11 for the quarter.

Transaction revenue was $1.26 billion in the first quarter, up from $1.08 billion in last year’s first quarter and down 19% quarter-over-quarter.

“This quarter, we made meaningful progress against our 2025 priorities of driving revenue, driving utility, and building the foundations to power the next decade of growth,” the company said.

Coinbase shares fell 0.8% to trade at $204.73 on Friday.

These analysts made changes to their price targets on Coinbase following earnings announcement.

Keefe, Bruyette & Woods analyst Kyle Voigt maintained Coinbase Global with a Market Perform and raised the price target from $183 to $205.
Piper Sandler analyst Patrick Moley maintained the stock with a Neutral and raised the price target from $180 to $190.
Canaccord Genuity analyst Joseph Vafi maintained Coinbase Global with a Buy and maintained a $400 price target.

Considering buying CL stock? Here’s what analysts think:

Read This Next:

How To Earn $500 A Month From NRG Energy Stock Ahead Of Q1 Earnings

Photo via Shutterstock

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Adjusted earnings per share of $1.94 missed a Street consensus estimate of $2.11 for the quarter.</p>\n<p>Transaction revenue was $1.26 billion in the first quarter, up from $1.08 billion in last year’s first quarter and down 19% quarter-over-quarter.</p>\n<p>“This quarter, we made meaningful progress against our 2025 priorities of driving revenue, driving utility, and building the foundations to power the next decade of growth,” the company said.</p>\n<p>Coinbase shares fell 0.8% to trade at $204.73 on Friday.</p>\n<p>These analysts made changes to their price targets on Coinbase following earnings announcement.</p>\n<ul>\n<li>Keefe, Bruyette &amp; Woods analyst Kyle Voigt maintained Coinbase Global with a Market Perform and raised the price target from $183 to $205.</li>\n<li>Piper Sandler analyst Patrick Moley maintained the stock with a Neutral and raised the price target from $180 to $190.</li>\n<li>Canaccord Genuity analyst Joseph Vafi maintained Coinbase Global with a Buy and maintained a $400 price target.</li>\n</ul>\n<p><strong>Considering buying CL stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"577\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09112245/image-109-1024x577.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09112245/image-109-1024x577.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09112245/image-109-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09112245/image-109-768x433.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09112245/image-109.png 1092w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>How To Earn $500 A Month From NRG Energy Stock Ahead Of Q1 Earnings</strong> </li>\n</ul>\n<p>Photo via Shutterstock</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These Analysts Boost Their Forecasts On Coinbase Global After Q1 Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese Analysts Boost Their Forecasts On Coinbase Global After Q1 Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-05-09 23:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a></strong> (NASDAQ:COIN) reported worse-than-expected first-quarter financial results on Thursday.</p>\n<p>Coinbase reported first-quarter total revenue of $2.03 billion, missing a Street consensus estimate of $2.12 billion. Adjusted earnings per share of $1.94 missed a Street consensus estimate of $2.11 for the quarter.</p>\n<p>Transaction revenue was $1.26 billion in the first quarter, up from $1.08 billion in last year’s first quarter and down 19% quarter-over-quarter.</p>\n<p>“This quarter, we made meaningful progress against our 2025 priorities of driving revenue, driving utility, and building the foundations to power the next decade of growth,” the company said.</p>\n<p>Coinbase shares fell 0.8% to trade at $204.73 on Friday.</p>\n<p>These analysts made changes to their price targets on Coinbase following earnings announcement.</p>\n<ul>\n<li>Keefe, Bruyette &amp; Woods analyst Kyle Voigt maintained Coinbase Global with a Market Perform and raised the price target from $183 to $205.</li>\n<li>Piper Sandler analyst Patrick Moley maintained the stock with a Neutral and raised the price target from $180 to $190.</li>\n<li>Canaccord Genuity analyst Joseph Vafi maintained Coinbase Global with a Buy and maintained a $400 price target.</li>\n</ul>\n<p><strong>Considering buying CL stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"577\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09112245/image-109-1024x577.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09112245/image-109-1024x577.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09112245/image-109-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09112245/image-109-768x433.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09112245/image-109.png 1092w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>How To Earn $500 A Month From NRG Energy Stock Ahead Of Q1 Earnings</strong> </li>\n</ul>\n<p>Photo via Shutterstock</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.benzinga.com/25/05/45322073/these-analysts-boost-their-forecasts-on-coinbase-global-after-q1-results","article_id":"2534843482","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2534843482","pubTimestamp":1746804273,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4539":"次新股","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4596":"哈里斯概念","BK4595":"比特币概念","BK4516":"特朗普概念","COIN":"Coinbase Global, Inc.","BK4554":"元宇宙及AR概念","BK4600":"加密货币概念","BK4551":"寇图资本持仓","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4112":"金融交易所和数据","BK4535":"淡马锡持仓","BK4585":"ETF&股票定投概念"},"translate_title":"这些分析师在第一季度业绩公布后上调了对Coinbase Global的预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":1},"content_text":"Coinbase Global, Inc. (NASDAQ:COIN) reported worse-than-expected first-quarter financial results on Thursday.\nCoinbase reported first-quarter total revenue of $2.03 billion, missing a Street consensus estimate of $2.12 billion. Adjusted earnings per share of $1.94 missed a Street consensus estimate of $2.11 for the quarter.\nTransaction revenue was $1.26 billion in the first quarter, up from $1.08 billion in last year’s first quarter and down 19% quarter-over-quarter.\n“This quarter, we made meaningful progress against our 2025 priorities of driving revenue, driving utility, and building the foundations to power the next decade of growth,” the company said.\nCoinbase shares fell 0.8% to trade at $204.73 on Friday.\nThese analysts made changes to their price targets on Coinbase following earnings announcement.\n\nKeefe, Bruyette & Woods analyst Kyle Voigt maintained Coinbase Global with a Market Perform and raised the price target from $183 to $205.\nPiper Sandler analyst Patrick Moley maintained the stock with a Neutral and raised the price target from $180 to $190.\nCanaccord Genuity analyst Joseph Vafi maintained Coinbase Global with a Buy and maintained a $400 price target.\n\nConsidering buying CL stock? Here’s what analysts think: \n\nRead This Next: \n\nHow To Earn $500 A Month From NRG Energy Stock Ahead Of Q1 Earnings \n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}