{"id":56043,"date":"2025-10-31T17:01:34","date_gmt":"2025-10-31T17:01:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56043"},"modified":"2025-10-31T17:01:34","modified_gmt":"2025-10-31T17:01:34","slug":"coinbase-jumps-on-big-q3-beat-as-analysts-back-everything-exchange-push","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56043","title":{"rendered":"Coinbase Jumps On Big Q3 Beat As Analysts Back &#8216;Everything Exchange&#8217; Push"},"content":{"rendered":"<div>\n<p>Shares of<strong> Coinbase Global Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/COIN\">COIN<\/a>) were trading higher on Friday after the company reported <a href=\"https:\/\/www.benzinga.com\/markets\/earnings\/25\/10\/48545193\/coinbase-stock-climbs-after-q3-earnings-heres-why\">upbeat third-quarter results a day earlier<\/a>.<\/p>\n<p>Here are some key analyst takeaways:<\/p>\n<ul class=\"wp-block-list\">\n<li>JPMorgan <a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\/analyst\/5df3760ebffdfc0001d7368c\/kenneth-worthington\">analyst Kenneth Worthington<\/a> maintained an Overweight rating, while cutting the price target from $404 to $399.<\/li>\n<li>Rosenblatt Securities <a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\/analyst\/5841bdbcaae83900016b3c77\/chris-brendler\">analyst Chris Brendler<\/a> reiterated a Buy rating, while raising the price target from $450 to $470.<\/li>\n<li>BTIG <a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\/analyst\/648c1cb718fb560001fb31ed\/andrew-harte\">analyst Andrew Harte<\/a> reaffirmed a Buy rating, while lifting the price target from $410 to $420.<\/li>\n<li>HC Wainwright <a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\/analyst\/61d4371c30778300016abc55\/mike-colonnese\">analyst Mike Colonnese<\/a> maintained a Buy rating and price target of $425.<\/li>\n<li>Needham <a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\/analyst\/61f3ddfca8bef8000120d89f\/john-todaro\">analyst John Todaro<\/a> reiterated a Buy rating and price target of $400.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\">Check out other analyst stock ratings.<\/a><\/p>\n<p><strong>JPMorgan:<\/strong> Despite expectations being high going into the quarter, Coinbase Global delivered a revenue and earnings beat, Worthington said in a note. The company&#8217;s revenues came in at $1.869 billion, surpassing Street expectations of $1.803 billion, he added.<\/p>\n<p>Coinbase Global reported adjusted EBITDA of $801 million, ahead of the consensus estimate of $708 million, taking its adjusted diluted earnings to $1.44 per share, topping the consensus of $1.21 per share, the analyst stated. The company also reported record-high stablecoin revenues of $355 million, he added.<\/p>\n<p>The company&#8217;s ecosystem grew via new product launches and M&amp;A (mergers and acquisitions), Worthington added.<\/p>\n<p><strong>Rosenblatt Securities<\/strong>: &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\/reiteration\/25\/10\/48566897\/coinbase-jumps-on-big-q3-beat-as-analysts-back-everything-exchange-push?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Coinbase\" jumps on big q3 beat as analysts back exchange push>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Coinbase Global Inc. (NASDAQ:COIN) were trading higher on Friday after the company reported upbeat third-quarter results a day earlier. Here are some key analyst takeaways: JPMorgan analyst Kenneth Worthington maintained an Overweight rating, while cutting the price target from $404 to $399. Rosenblatt Securities analyst Chris Brendler reiterated a Buy rating, while raising [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-56043","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56043"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56043\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}