Coinbase: Analyst Slashes Price Target, Says Investors ‘Miss The Big Picture’
Posted On December 18, 2025
Coinbase Global Inc (NASDAQ:COIN) hosted a System Update event on Wednesday after the market closed.
The company, which is on a mission to be the “Everything Exchange,” made several notable product announcements, including the launch of equities trading and prediction markets, according to Cantor Fitzgerald.
The Coinbase Global Analyst: Analyst Brett Knoblauch maintained an Overweight rating, but reduced the price target from $459 to $320.
The Coinbase Global Thesis: The biggest takeaway from the event is that the company is “well on its way to no longer being just a cyclical cryptocurrency …
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