Coinbase Global, Inc. (NASDAQ:COIN) will release earnings for its first quarter after the closing bell on Thursday, May 7.
Analysts expect the New York-based company to report quarterly earnings of 4 cents per share. That’s down from 24 cents per share in the year-ago period. The consensus estimate for Coinbase’s quarterly revenue is $1.48 billion (it reported $2.03 billion last year), according to Benzinga Pro.
In an exchange filing on Tuesday, the cryptocurrency exchange outlined cost-cutting measures and operational changes tied to artificial intelligence adoption, signaling a strategic pivot amid challenging market conditions.
Shares of Coinbase rose 0.1% to close at $197.96 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.
- Benchmark analyst Mark Palmer maintained a Buy rating and cut the price target from $267 to $260 on May 6, 2026. This analyst has an accuracy rate of 78%.
- Rosenblatt analyst Chris Brendler maintained a Buy rating with a price target of $240 on May 6, 2026. This analyst has an accuracy rate of 74%.
- JP Morgan analyst Kenneth Worthington maintained an Overweight rating and raised the price target from $252 to $290 on May 5, 2026. This analyst has an accuracy rate of 55%.
- Cantor Fitzgerald analyst Ramsey El-Assal maintained an Overweight rating and increased the price target from $221 to $250 on April 21, 2026. This analyst has an accuracy rate of 61%.
- Piper Sandler analyst Patrick Moley maintained a Neutral rating and increased the price target from $150 to $180 on April 15, 2026. This analyst has an accuracy rate of 82%
Considering buying COIN stock? Here’s what analysts think:
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