Coinbase (COIN)

• Market cap: $49.4B
• 1 day: -4.71%
• 5 days: 4.70%
• 1 month: -8.61%
• 3 months: -29.08%
• 6 months: 8.16%
• Year to date: -24.33%
• 1 year: -27.06%
• 5 years: -40.72%
• 10 years: -40.72%
• Sector: Financials
• Industry: Finance Services

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

199% more first-time investments, than exits

New positions opened: 260 | Existing positions closed: 87

56% more capital invested

Capital invested by funds: $19.6B [Q3] → $30.6B (+$11B) [Q4]

41% more repeat investments, than reductions

Existing positions increased: 362 | Existing positions reduced: 256

16% more funds holding

Funds holding: 856 [Q3] → 996 (+140) [Q4]

14% more funds holding in top 10

Funds holding in top 10: 29 [Q3] → 33 (+4) [Q4]

5.41% more ownership

Funds ownership: 54.1% [Q3] → 59.51% (+5.41%) [Q4]

7% more call options, than puts

Call options by funds: $11.4B | Put options by funds: $10.6B

Research analyst outlook

14 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $195 0% upside
• Avg. target: $322 66% upside
• High target: $475 144% upside

14 analyst ratings

• positive: 7 50%
• neutral: 7 50%
• negative: 0 0%

Rosenblatt Chris Brendler 43% 1-year accuracy 3 / 7 met price target	57% upside $305	Buy Maintained	26 Mar 2025
Goldman Sachs James Yaro 33% 1-year accuracy 1 / 3 met price target	0% upside $195	Neutral Assumed	20 Mar 2025
Bernstein	59% upside $310	Outperform Initiated	17 Mar 2025
Mizuho Dan Dolev 61% 1-year accuracy 22 / 36 met price target	12% upside $217	Neutral Maintained	11 Mar 2025
B of A Securities Jason Kupferberg 35% 1-year accuracy 6 / 17 met price target	60% upside $311	Neutral Maintained	25 Feb 2025