JPMorgan raises Coinbase Global stock target from USD 148.00 to USD 189.00
Published on 10/27/2026 at 22:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSJPMorgan target update
- JPMorgan raised its Coinbase target from USD 148.00 to USD 189.00 on October 26, 2026.
- Second-quarter revenue reached USD 1.22 billion, down 18.5 percent year over year.
- Coinbase Global stock costs EUR 143.10 at Lang & Schwarz, 0.46 percent below the October 27, 2026 Xetra close.
- Coinbase is scheduled to report third-quarter results on October 29, 2026.
Coinbase Global (US19260Q1076) saw JPMorgan raise its price target from USD 148.00 to USD 189.00 on October 26, 2026, while maintaining an Overweight rating, as MarketBeat reported. The new target is 17.32 percent above Coinbase's USD 161.09 Nasdaq price at 4:00 p.m. EDT on October 27, 2026. At Lang & Schwarz, Coinbase Global stock was trading at EUR 143.10 on October 27, 2026 at 10:38 p.m. CEST, 0.46 percent below the Xetra close of EUR 143.76 on October 27, 2026.
Revenue remains the pressure point
Coinbase's second-quarter 2026 revenue was USD 1.22 billion, down 18.5 percent from the same quarter a year earlier. The company posted a net loss of USD 359.47 million and diluted earnings per share of minus USD 1.36 for the period, according to MarketBeat. The revenue comparison gives JPMorgan's higher target a demanding operating backdrop.
Coinbase stock sits below its high
The Nasdaq price of USD 161.09 on October 27, 2026 stood 56.24 percent below Coinbase's 52-week high of USD 368.13 and 15.80 percent above its 52-week low of USD 139.11. Coinbase's market capitalization was USD 42.5 billion on the same date. The euro quote remained close to the Xetra close, with the Lang & Schwarz price 0.46 percent lower.
Results date adds a near-term marker
Coinbase said in an October 14, 2026 release that it will publish third-quarter 2026 results after the market closes on October 29, 2026. The release also scheduled a question-and-answer session for 2:00 p.m. PT that day, according to Coinbase. The coming report will provide the next dated test for the revenue decline recorded in the second quarter.
Comparison with peers
Coinbase Global: minus 0.46 percent, P/E minus 41.95, market capitalization USD 42.5 billion.
Robinhood Markets (Nasdaq, USD): up 1.85 percent, P/E 43.58, market capitalization USD 74.8 billion.
BlackRock (NYSE, USD): up 0.74 percent, P/E 25.83, market capitalization USD 175.9 billion.
Target reset meets a weak quarter
JPMorgan's target increase offers a higher valuation marker, while Coinbase's second-quarter loss and lower revenue keep the operating comparison demanding. The next company report is scheduled for October 29, 2026. Coinbase Global stock was trading at EUR 143.10 at Lang & Schwarz on October 27, 2026 at 10:38 p.m. CEST, 0.46 percent below the Xetra close of October 27, 2026 at EUR 143.76. The further course of trading is shown by the continuously updated real-time quote of Coinbase Global stock.
Coinbase Global market facts
- Company: Coinbase Global, Inc.
- ISIN: US19260Q1076
- Ticker: COIN
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 27, 2026, 10:38 p.m. CEST): EUR 143.10
- Change versus Xetra close: minus 0.46 percent
- Xetra close (October 27, 2026): EUR 143.76
- Market capitalization: USD 42.5 billion (as of October 27, 2026)
- 52-week range: USD 139.11-368.13 (as of October 27, 2026)
- Sector / Industry: Financial Services / Financial - Data and Stock Exchanges
Market context: Market report S&P 500.
