This year, Piper Sandler and Bernstein downgraded Coinbase's target price, while Bank of America upgraded its rating to "Buy".

MarsBitNews · 2026-01-16T06:55:50+00:00

Piper Sandler lowers Coinbase's target price to $270, maintains a "Neutral" rating; Bernstein also lowers the target price to $440. Bank of America Securities upgrades the rating to "Buy," with a target price still at $340. Coinbase's stock price is about $240, with a total market capitalization of approximately $64.5 billion.

MarsBitNews

2026-01-16 06:55:50

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Mars Finance News, Piper Sandler has lowered the target price for Coinbase from $350 to $270, maintaining a “Neutral” rating. Previously, Bernstein also downgraded Coinbase's target price from $510 to $440. Meanwhile, Bank of America Securities has upgraded Coinbase's investment rating from “Neutral” to “Buy,” with the target price remaining at $340. The firm noted that although its stock price has fallen about 40% from its high in July last year, behind the appearance of a cryptocurrency correction in Q4 last year, the company's product development has accelerated, and the total target market has expanded accordingly. They are optimistic about Coinbase's goal to develop into an “all-in-one exchange” and to cross-sell more products to existing users. Stock market data shows that Coinbase's current stock price is approximately $240, with a total market capitalization of about $64.5 billion.

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