BTIG Lowers Coinbase (COIN ) PT to $340, Cites Expected Weakness in Q4 Transaction Volumes

COIN +1.29%

Coinbase Global Inc. (NASDAQ:COIN) is one of the most profitable new stocks to buy right now. On February 5, ahead of Coinbase’s Q4 2025 earnings report, BTIG lowered its price target for the stock to $340 from $420 while keeping a Buy rating. The firm noted that Coinbase shares plummeted 49% since the Q3 report, outpacing the broader crypto market’s 32% decline, primarily due to expectations of weakened transaction volumes in Q4.

Despite the selloff, BTIG views the current share price as an attractive entry point, highlighting the company’s progress in building a flywheel between its trading business and digital asset applications. The firm anticipates the upcoming earnings report will demonstrate successful revenue diversification away from volatile transaction fees.

On January 23, Compass Point maintained a Sell rating on Coinbase Global Inc. (NASDAQ:COIN) while lowering its price target to $190 from $230. The firm anticipates a 4% revenue miss for Q4 2025 across both trading and subscription segments, alongside concerns regarding a potential decline in stablecoin revenue by early 2026. This outlook is compounded by stalled legislative progress on the CLARITY Act and a valuation ~30x the estimated 2026 EBITDA, which is higher than the 15x to 20x multiples seen during previous market downturns.

Coinbase Global Inc. (NASDAQ:COIN) operates a platform for crypto assets in the US and internationally. It offers the primary financial account in the crypto economy, a brokerage platform, and a suite of products granting access to build on-chain.

While we acknowledge the potential of COIN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.