Coinbase Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Coinbase COIN | 0.00 |
Coinbase Global, Inc. (NASDAQ:COIN) will release its second quarter earnings report after the closing bell on Thursday, July 30.
Analysts expect the New York-based company to report a quarterly loss of 23 cents per share, compared to earnings of $5.14 per share in the year-ago period. The consensus estimate for Coinbase’s quarterly revenue is $1.29 billion. It reported $1.5 billion last year, according to Benzinga Pro.
Coinbase recently settled its SEC records lawsuit, winning $150,000 and a policy overhaul, a day after jumping 10% on Clarity Act optimism.
Coinbase shares fell 4.7% to close at $160.09 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- Rosenblatt analyst Chris Brendler maintained a Buy rating with a price target of $240 on July 28, 2026. This analyst has an accuracy rate of 73%.
- Citigroup analyst Peter Christiansen maintained a Buy rating and cut the price target from $400 to $235 on July 23, 2026. This analyst has an accuracy rate of 56%.
- Oppenheimer analyst Rayna Kumar maintained an Outperform rating and slashed the price target from $224 to $209 on July 16, 2026. This analyst has an accuracy rate of 53%.
- Piper Sandler analyst Patrick Moley maintained a Neutral rating and cut the price target from $170 to $155 on July 15, 2026. This analyst has an accuracy rate of 81%.
- Citizens analyst Devin Ryan maintained a Market Outperform rating and cut the price target from $355 to $325 on July 9, 2026. This analyst has an accuracy rate of 84%.
Considering buying COIN stock? Here’s what analysts think:
Photo via Shutterstock
