Wall Street sets Coinbase stock price for the next 12 months
The post Wall Street sets Coinbase stock price for the next 12 months appeared on BitcoinEthereumNews.com.
February 12 proved an eventful day for Coinbase (NASDAQ: COIN) as the cryptocurrency exchange unveiled a disappointing earnings report and revealed an apparent trading stoppage that ultimately led to a 7.90% one-session drop in the stock market. To begin with, the digital assets downturn that started shortly after Bitcoin (BTC) hit a new high in October 2025 and accelerated late in January 2026, adversely affected Coinbase as it recorded a 20% fourth-quarter revenue drop to $1.8 billion. Coinbase was forced to mark down an unrealized loss due to crashing cryptocurrency prices and ultimately posted a $667 million net loss. Lastly, and likely exacerbating the Thursday session COIN stock losses, the exchange confirmed on the afternoon of February 12 that some users were temporarily unable to trade digital assets. Coinbase stock falls 7.90% before 4.55% bullish correction Elsewhere, the extended session leading up to press time on February 13 showcased that investors ultimately decided the COIN stock plunge was overstated, as the equity managed to retrace 4.55% from $141.09 at the closing bell to $147.51. Coinbase stock one-day price chart with extended session leading to February 13. Source: Google The relative optimism of the extended session is, in a way, reflected in Wall Street’s attitude toward the world’s biggest publicly-traded cryptocurrency exchange. Indeed, Coinbase stock is, on average, rated as a ‘Moderate Buy’ with a 12-month price target of $302.06. Wall Street revises Coinbase stock 12-month price target Furthermore, the exceptionally bullish 114% forecasted rally appears not to be a result of outdated analyses. Coinbase stock suffered from no shortage in Wall Street rating revisions and recorded as many as 14 since January 1, per the data Finbold retrieved from the stock analysis platform TipRanks on the morning of February 13. Out of these 14, only three positioned COIN shares as…
Filed under: News - @ February 13, 2026 1:26 pm