Analyst Ratings For Coinbase Global – Converted Organics (COIN)

Analysts have provided the following ratings for Coinbase Global (NASDAQ:COIN) within the last quarter:

In the last 3 months, 18 analysts have offered 12-month price targets for Coinbase Global. The company has an average price target of $317.39 with a high of $444.00 and a low of $210.00.

This current average has decreased by 0.78% from the previous average price target of $319.89.

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Analysts may suggest actions like “buy”, “sell”, “hold”, or similar verbage for each stock based on research compiled from the corresponding company. Analysts who suggest “buy” are telling traders to purchase the stock based on forecasted growth. On the flip side, analysts who suggest “sell” are telling traders to dump the stock because of a similarly forecasted decline. Analysts who suggest “hold” are telling investors that they see short-term or mid-term stagnation and to maintain their positions on the stock.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.