Coinbase Global, Inc. (NASDAQ:COIN) shares are trading higher as Bitcoin (BTC) surpassed $47,000 for the first time since 2022. Coinbase's stock, despite a rough start in 2024 with a 19% decline due to the approval of Bitcoin ETFs, has seen nearly a 10% increase following a more than 10% rise in Bitcoin over the past five days. Coinbase is expected to report Q4 financial results on Feb. 15, with earnings of 2 cents per share and revenue of $823.85 million anticipated. The stock has an average 1-year price target of $125.73, indicating a potential downside, with analyst opinions divided.