Coinbase (COIN) Edges Higher After Smashing Q2 Estimates, Results Seen as 'Blockbuster' But Analyst Warns Outlook Remains a 'Coin Toss'
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Coinbase Global Inc. (COIN) PT Raised to $337 at Goldman Sachs
August 11, 2021 6:58 AM EDTGoldman Sachs analyst Will Nance raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $337.00 (from $298.00) while maintaining a Buy rating.... More
Coinbase Global Inc. (COIN) PT Raised to $300 at Wedbush
August 11, 2021 6:46 AM EDTWedbush analyst Moshe Katri raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $300.00 (from $275.00) while maintaining a Outperform rating following earnings.
... MoreCoinbase Global Inc. (COIN) Volumes Boost Sentiment but LT Outlook is a Coin Toss, Mizuho Securities Reiterates $210 PT
August 11, 2021 6:10 AM EDTMizuho Securities analyst Dan Dolev reiterated a Neutral rating and $210.00 price target on Coinbase Global Inc. (NASDAQ: COIN) after the company reported 2Q results with key KPIs that showed retail trading volumes of $145bn, rose +21% vs. 1Q, retail trading yields of 126bps were... More
Coinbase says attentive to regulatory concerns after profit beat
August 10, 2021 4:11 PM EDTBy Sohini Podder
(Reuters) -U.S. cryptocurrency exchange Coinbase Global Inc on Tuesday beat market estimates for second-quarter profit boosted by a near 38% jump in trading volumes on a sequential basis, but forecast a drop in current-quarter volumes.
Coinbase, which has benefited from the growing adoption of digital assets, said the reported quarter illustrated the volatility of the still nascent sector that faces calls for more regulation.
Chief Financial Officer Alesia Haas... More
Coinbase (COIN) Tops Q2 EPS by $4.18
August 10, 2021 4:02 PM EDT(Updated - August 10, 2021 4:04 PM EDT)
Coinbase (NASDAQ: COIN) reported Q2 EPS of $6.42, $4.18 better than the analyst estimate of $2.24. Revenue for the quarter came in at $2.23 billion versus the consensus estimate of $1.77 billion.
Q3 2021 In July, retail MTUs and total Trading Volume were 6.3... More