Analyst Ratings for Coinbase Glb
Portfolio Pulse from Benzinga Insights
Coinbase Global, Inc. (NASDAQ:COIN) has received mixed analyst ratings in the last quarter, with 1 bullish, 1 somewhat bullish, 1 indifferent, and 4 somewhat bearish ratings. The average 12-month price target from 7 analysts is $74.43, with a high of $160.00 and a low of $27.00. This target has increased by 5.42% from the previous average of $70.60. Analyst ratings are determined by financial specialists who research company financials and market conditions.
December 05, 2023 | 12:00 pm
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NEUTRAL IMPACT
Coinbase Global, Inc. has a diverse range of analyst ratings with an updated average price target of $74.43, reflecting a 5.42% increase from the previous target.
The mixed analyst ratings with a slight increase in the average price target suggest a neutral short-term impact on COIN's stock price. The diversity in ratings indicates uncertainty, while the increased target suggests some optimism. However, the presence of more somewhat bearish ratings than bullish could temper any positive reaction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100