Coinbase Global (COIN) News Today

Coinbase Global, Inc. (NASDAQ: COIN) traded lower amid mixed news spanning strategic partnerships, product launches, and capital raises. Key drivers for today’s movement include:

• Positive Sentiment: JPMorgan partners with Coinbase to enable direct crypto access, stablecoin rewards and tokenized banking, marking a major step toward mainstream adoption of digital assets. Will JPMorgan-Coinbase Tie-Up Bring Crypto Closer to Mainstream?
• Positive Sentiment: Coinbase rolls out beta of API-powered embedded wallets, offering developers integrated wallet creation, fiat onramps, token swaps and 4.1% USDC rewards. Coinbase Rolls Out Beta for API-Powered Embedded Wallets
• Positive Sentiment: Schaeffers Research notes Coinbase’s post-earnings share decline and 16.7% bear gap present an attractive entry point for bullish investors. Crypto Stock Posing Attractive Entry Point for Bulls
• Positive Sentiment: Citigroup analysts upgraded COIN to Buy and boosted the price target from $270 to $505, citing undervalued growth potential and a price/earnings-growth ratio below 1. Why Citigroup Analysts See Double-Digit Upside in Coinbase Stock
• Neutral Sentiment: A controversial Coinbase ad depicting a dystopian Britain with crypto as the sole escape was banned from UK television, sparking debate over its implied messaging. Banned Coinbase Ad Portrays a Dystopian Britain
• Neutral Sentiment: Coinbase stock edged down 1.1% amid mixed investor reactions to recent earnings, partnerships and financing plans. Coinbase Global Stock Price Down 1.1%
• Negative Sentiment: Coinbase expanded its convertible senior notes offering to $2.6 billion—issuing zero-coupon notes due 2029 and 2032—which raises dilution and leverage concerns. Coinbase Launches $2.6 B Convertible Notes Offering
• Negative Sentiment: William Blair cut its Q4 2026 EPS estimate for Coinbase to $1.74 from $1.98, reflecting margin-pressure concerns despite an Outperform rating. William Blair Predicts Weaker Earnings for Coinbase
• Negative Sentiment: Keefe, Bruyette & Woods lowered its price target for COIN to $335, signaling reduced confidence in near-term upside. KBW Lowers Coinbase Price Target to $335
• Negative Sentiment: Compass Point downgraded Coinbase shares, adding to recent analyst cuts amid the company’s ongoing fundraising and margin pressures. Compass Point Downgrades Coinbase Global