What is the Coinbase stock price?
Coinbase Global, Inc. (ticker COIN) is one of the largest cryptocurrency exchanges in the United States. Since 2021, it has garnered significant attention as a digital asset concept stock. ‘Stock Price’ refers to the trading price of COIN on the Nasdaq market, reflecting the market’s consensus on its current valuation and future trends.
Real-time market overview
As of July 18th evening Beijing time, the latest trading price of COIN is $410.75, an increase of approximately +3.15%, with a rise of $12.65; the intraday high reached $417.68, the low was $394.80, and the trading volume was approximately 16.8 million shares.
Coinbase’s 52-week price range is $142.58–$415.96, and the current price has reached a yearly high.
The key factors driving the rise of COIN
- Bitcoin soars: BTC breaks $120k–$121k, triggering active crypto trading and an increase in Coinbase’s fee revenue.
- Policy Favorable: The U.S. Congress is discussing three major cryptocurrency bills, with regulations becoming clearer, which is beneficial for the overall sector.
- Interest rate expectations: The market generally expects the Federal Reserve to cut interest rates later this year, boosting risk assets.
- Brokerage Ratings: Institutions such as Oppenheimer and Rosenblatt have raised their target prices to $417–$470 and maintained a BUY rating.
Analysts’ Predictions and Valuation Logic
- Rosenblatt: Upgraded from $300 to $470, believes Coinbase is a “blue chip” in the crypto sector, driven by policy and Bitcoin as dual engines.
- Oppenheimer: Target price $417, emphasizing the company’s strong position in the adoption of digital assets.
- Benchmark: Target price $421, expected policy-driven institutional investment and factors such as product expansion will continue to support Coinbase.
In addition, Compass Point and Argus have set target prices of $330 and $400 respectively, believing that the integration of decentralized exchanges (DEX) and the growth of institutional business are potential catalysts.
How to rationally view investing in Coinbase
- Focus Point One: The trend of Bitcoin is the primary driving force; when the price declines, COIN experiences significant volatility.
- Point two: Regulatory risks still exist. Although recent legislation is making progress, if it is delayed or vetoed, stock prices will be under pressure.
- Focus point three: Financial health. Coinbase’s first-quarter revenue slightly missed expectations, but subscription and service growth is strong.
- Strategy suggestion: Use a “Dollar Cost Averaging + Setting Profit and Stop Loss” approach; do not go all in, control the position to a reasonable proportion of total assets.
Written at the end
The rise in Coinbase stock price is attributed to the increase in Bitcoin, the gradual clarification of policies, active participation from institutional investors, and the general upward revision of target prices by brokerages. As a beginner, it is recommended to start with a small position and make regular investments, while being mindful of the risk of market reversals, and to continuously monitor Bitcoin prices, policy trends, and earnings reports.