Coinbase (COIN) Q2 Revenue Misses Consensus

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Go back to Coinbase (COIN) Q2 Revenue Misses Consensus

Mizuho Securities on Coinbase Global Inc. (COIN): 'We suspect that the increase in retail take rates could be for the wrong reasons', Keeps $42 Target

August 9, 2022 4:47 PM EDT

Mizuho Securities analyst Dan Dolev reiterated a Neutral rating and $42.00 price target on Coinbase Global Inc. (NASDAQ: COIN)

The analyst comments "COIN reported a blended take rate of 33bps vs. 33bps in 1Q. This was comprised of 134bps retail yields (vs.... More