Coinbase Global, Inc. is valued at $68.1 billion, operating a major cryptocurrency trading platform for retail and institutional clients, emphasizing security and regulatory compliance. Analysts anticipate a 69.9% drop in adjusted profit to $1.02 per share for Q4, with FY2025 earnings expected to decrease to $4.50 per share.

Despite underperforming benchmarks, COIN stock has seen a slight increase in the past year. Shares rose 7.7% after Goldman Sachs upgraded the stock to “Buy,” citing a shift in revenue streams. Analysts predict a 40.4% upswing potential with a mean price target of $359.18, supported by a “Moderate Buy” consensus.

The consensus view on COIN is cautiously optimistic, with 20 “Strong Buys,” one “Moderate Buy,” 11 “Holds,” and two “Strong Sells” among 34 analysts. Analysts believe the company’s diversification into stable revenue streams could support predictable growth. The stock’s rise was also fueled by a rebound in Bitcoin prices above $92,000.

Read more at Yahoo Finance: What to Expect From Coinbase Global’s Next Quarterly Earnings Report