Coinbase hits new high with strong performance and growth potential

From Nasdaq
June 26, 2025 3:57 am:

Coinbase (COIN) stock hits a new 52-week high of $369, with a +40% increase this year and over +500% in the last three years. The company is benefiting from the acceptance of stablecoins and expanding into mainstream financial services, with a new stablecoin-powered merchant payment system and a crypto rewards credit card partnership with American Express.

Coinbase’s trading volumes are boosted by the rebound in Bitcoin, up +15% year to date and over +70% in the last year. Regulatory wins include the GENIUS Act and a MiCA license, with analysts upgrading the stock and setting a street-high price target of $510. Coinbase stock currently holds a Zacks Rank #3 (Hold).

Zacks Investment Research highlights Coinbase, Circle Internet, Visa, American Express, and Shopify as potential investment opportunities. Coinbase receives 50% of revenue from stablecoins like USDC, partners with Visa for a merchant payment system, and offers a crypto rewards credit card with American Express. The rebound in Bitcoin and regulatory wins contribute to Coinbase’s growth potential.

Read more at Nasdaq: Zacks Investment Ideas feature highlights: Coinbase, Circle Internet, Visa, American Express and Shopify