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Coinbase Q1 Earnings Preview: Analysts Say Exchange 'Key Beneficiary Of Crypto Economy' Thanks To Bitcoin ETFs

Benzinga ·  May 1 17:17

Cryptocurrency companyCoinbase Global(NASDAQ:COIN) will report first-quarter (Q1) financial results after market close on Thursday, May 2, 2024.

Read on for earnings estimates, analyst ratings, price targets and the key items to watch:

Ratings & Targets:

  • HC Wainwright: Buy rating, raised price target from $250 to $300
  • JPMorgan: Neutral rating, $150 price target
  • Bernstein: Market Perform rating, raised price target from $80 to $200
  • Compass Point: Buy rating, raised price target from $235 to $325
  • Mizuho Securities: Underperform rating, raised price target from $84 to $145
  • Piper Sandler: Neutral rating, raised price target from $225 to $245
  • Bank of America: Underperform rating, raised price target from $92 to $110

Earnings Estimates: Analysts expect Coinbase...

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