CoinbaseCOIN
About: Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
Employees: 3,772
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
269% more first-time investments, than exits
New positions opened: 373 | Existing positions closed: 101
144% more capital invested
Capital invested by funds: $19.4B [Q1] → $47.3B (+$27.9B) [Q2]
83% more funds holding in top 10
Funds holding in top 10: 29 [Q1] → 53 (+24) [Q2]
55% more repeat investments, than reductions
Existing positions increased: 441 | Existing positions reduced: 284
25% more funds holding
Funds holding: 978 [Q1] → 1,222 (+244) [Q2]
10.31% more ownership
Funds ownership: 53.64% [Q1] → 63.95% (+10.31%) [Q2]
10% more call options, than puts
Call options by funds: $14.4B | Put options by funds: $13.1B
Research analyst outlook
18 Wall Street Analysts provided 1 year price targets over the past 3 months
18 analyst ratings
Barclays Benjamin Budish | 20%upside $365 | Equal-Weight Maintained | 15 Aug 2025 |
Keefe, Bruyette & Woods Kyle Voigt | 10%upside $335 | Market Perform Maintained | 4 Aug 2025 |
Compass Point Ed Engel | 18%downside $248 | Sell Downgraded | 4 Aug 2025 |
Rosenblatt Chris Brendler | 55%upside $470 | Buy Maintained | 1 Aug 2025 |
Canaccord Genuity Joseph Vafi | 32%upside $400 | Buy Maintained | 1 Aug 2025 |
Financial journalist opinion
Based on 88 articles about COIN published over the past 30 days
