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Coinbase Flywheel Is Coming: Analyst
CoinbaseCoinbase(US:COIN) Benzinga·2025-10-01 19:17

Coinbase Global, Inc. (NASDAQ:COIN) is a leading digital asset exchange with 404billioninassetsontheplatformand8.4millionmonthlytransactingusersasoffiscalyear2024.BTIGinitiatedcoverageofcryptocurrencyexchangeCoinbaseGlobal,assigningaBuyratingandestablishingapriceforecastof404 billion in assets on the platform and 8.4 million monthly transacting users as of fiscal year 2024.BTIG initiated coverage of cryptocurrency exchange Coinbase Global, assigning a Buy rating and establishing a price forecast of 410.The price forecast is based on a 25x multiple of the firm’s fiscal year 2027 estimated enterprise value-to-EBITDA, reflecting the company’s leading market position and growth prospects in the rapidl ...