Coinbase Global Inc (NASDAQ:COIN) shares traded 2.53% higher at $194.80 on Wall Street last session.
COIN stock price is now -3.15% away from the 50-day moving average and -14.30% away from the 200-day moving average. The market capitalization of the company currently stands at $49.46B.
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With the price target of $252, The Benchmark Company recently initiated with Buy rating for Coinbase Global Inc (NASDAQ: COIN). On April 08, 2025, Cantor Fitzgerald recently initiated its ‘Overweight’ rating on the stock quoting a target price of $245, while ‘Goldman’ rates the stock as ‘Neutral’
In other news, Brian Armstrong, Officer bought 20,000 shares of the company’s stock on Apr 23 ’25. The stock was bought for $3,896,000 at an average price of $194.80. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 23 ’25, Officer HAAS ALESIA J bought 9,316 shares of the business’s stock. A total of $1,863,200 was incurred on buying the stock at an average price of $200.00. A total of 21.23% of the company’s stock is owned by insiders.
During the past 12 months, Coinbase Global Inc has had a low of $142.58 and a high of $349.75. The fifty day moving average price for COIN is $202.8406 and a two-hundred day moving average price translates $227.46185 for the stock.
The latest earnings results from Coinbase Global Inc (NASDAQ: COIN) was released for 2024-12-31. The net profit margin was 35.66% and return on equity was 31.13% for COIN. The company reported revenue of $2.27 billion for the quarter, compared to $953.79 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 138.17 percent.
