Coinbase reports Q4 2025 earnings Feb. 12, 2026 after market close, with three major analysts downgrading price targets as the stock fell 5.73% to $153.20 on Feb. 11.
What Happened
JPMorgan cut its price target from $399 to $290, a 27% reduction, while maintaining an Overweight rating. Monness Crespi Hardt downgraded from Buy to Sell with a $120 target. HC Wainwright reduced its target from $425 to $350 but kept a Buy rating. The stock has declined approximately 32% in 2026.
- Consensus estimates: $1.05 EPS, $1.85B revenue
- Q4 2024 comparison: $3.39 EPS, $2.27B revenue
- Bitcoin at ~$67K, down from $126K October 2025 peak
Context
The downgrades coincide with Bitcoin’s decline from its October 2025 peak of $126K to current levels near $67K, pressuring crypto exchange revenues and trading volumes.
Leave a Reply