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Coinbase Global Inc. ($COIN) Stock Forecast: Up 8.0% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Coinbase Global Inc.?

COIN (Coinbase Global Inc.) is a leading cryptocurrency exchange platform that allows users to buy, sell, and store various cryptocurrencies. The company's stock, listed on NASDAQ under the ticker symbol COIN, had a strong bullish movement today.

Why is Coinbase Global Inc. going up?

COIN stock is up 8.0% on Oct 24, 2025 17:05

  • An upgrade of COIN stock from Neutral to Overweight by JPMorgan along with an increased price target contributed to the bullish movement, indicating increased confidence in the company's performance.
  • CEO Brian Armstrong's optimistic outlook on cryptocurrency legislation and the progress towards key regulations in the U.S. likely boosted investor sentiment in COIN.
  • Despite concerns such as the remaining issues around DeFi and upcoming earnings report expectations, the overall positive news and upgrades seem to have outweighed any potential negative factors, driving the bullish market movement in COIN today.

COIN Price Chart

COIN Technical Analysis

COIN News

Coinbase Stock Rises After JPMorgan Upgrades To Overweight

Coinbase Global Inc ( CRYPTO: COIN ) shares are climbing Friday after JPMorgan upgraded the stock from Neutral to Overweight and boosted its price target from $342 to $404. COIN is among today's top performers. See the market dynamics here.

https://www.benzinga.com/trading-ideas/movers/25/10/48411397/coinbase-stock-rises-after-jpmorgan-upgrades-to-overweight

0 News Article Image Coinbase Stock Rises After JPMorgan Upgrades To Overweight

This Coinbase Analyst Turns Bullish; Here Are Top 4 Upgrades For Friday - Kodiak Sciences ( NASDAQ:KOD ) , Coinbase Global ( NASDAQ:COIN )

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

https://www.benzinga.com/analyst-stock-ratings/upgrades/25/10/48400928/this-coinbase-analyst-turns-bullish-here-are-top-4-upgrades-for-friday

1 News Article Image This Coinbase Analyst Turns Bullish; Here Are Top 4 Upgrades For Friday - Kodiak Sciences  ( NASDAQ:KOD ) , Coinbase Global  ( NASDAQ:COIN )

Coinbase CEO Brian Armstrong 'Bullish' On Getting Key Crypto Legislation Passed By Year-End: 'We're 90% There' - Coinbase Global ( NASDAQ:COIN )

Coinbase Global Inc. ( NASDAQ:COIN ) CEO Brian Armstrong expressed optimism on Thursday about the future of cryptocurrency regulations in the U.S., noting that both Democrats and Republicans are on the same page.

https://www.benzinga.com/crypto/cryptocurrency/25/10/48398996/coinbase-ceo-brian-armstrong-bullish-on-getting-key-crypto-legislation-passed-by-year-end-w

2 News Article Image Coinbase CEO Brian Armstrong 'Bullish' On Getting Key Crypto Legislation Passed By Year-End: 'We're 90% There' - Coinbase Global  ( NASDAQ:COIN )

Despite gov't shutdown, crypto market structure bill '90% there' - Coinbase CEO

The remaining "10%" of issues center mainly on DeFi, which Brian Armstrong says lawmakers are addressing carefully to preserve innovation.

https://cointelegraph.com/news/brian-armstrong-senate-crypto-legislation-genius-act-stablecoin

3 Missing News Article Image Despite gov't shutdown, crypto market structure bill '90% there' - Coinbase CEO

Coinbase Global, Inc. ( COIN ) Earnings Expected to Grow: Should You Buy?

Coinbase Global (COIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

https://www.zacks.com/stock/news/2775267/coinbase-global-inc-coin-earnings-expected-to-grow-should-you-buy

4 Missing News Article Image Coinbase Global, Inc.  ( COIN )  Earnings Expected to Grow: Should You Buy?

Coinbase Global Inc. Price History

08.09.2025 - COIN Stock was up 5.2%

  • Coinbase's decision to enable staking for New York residents following regulatory approval likely contributed to increased interest and demand for its services, leading to a bullish movement in the stock.
  • CEO Brian Armstrong's optimistic outlook on cryptocurrency regulations in the US may have instilled confidence in investors, further driving up COIN's stock price.
  • The company's pursuit of a National Trust Charter without positioning itself as a traditional bank showcases its commitment to bridging the gap between crypto and traditional finance, potentially attracting more investors.
  • The overall positive sentiment in the cryptocurrency market, fueled by Bitcoin's rally and optimistic expectations for a bullish Q4, likely provided a supportive backdrop for COIN's upward movement.

24.09.2025 - COIN Stock was up 5.8%

  • Analysts are optimistic: Leading Wall Street analysts have revised their stance on Coinbase to be positive, signaling increased confidence in the company's future.
  • CEO's positive comments on crypto regulation: Brian Armstrong, the CEO of Coinbase, has expressed optimism regarding the advancements in crypto regulations in the U.S., potentially boosting investor confidence.
  • Advancements in crypto payments: Coinbase's introduction of a new protocol for independent transactions connecting AI with crypto payments demonstrates the company's dedication to advancing technology in the crypto sphere, likely attracting a larger user and investor base.
  • Earnings growth anticipated: While there have been some concerns regarding Coinbase's upcoming earnings, the generally positive updates and progress linked to the company may have contributed to today's significant upward movement in the stock price.

24.09.2025 - COIN Stock was up 8.0%

  • An upgrade of COIN stock from Neutral to Overweight by JPMorgan along with an increased price target contributed to the bullish movement, indicating increased confidence in the company's performance.
  • CEO Brian Armstrong's optimistic outlook on cryptocurrency legislation and the progress towards key regulations in the U.S. likely boosted investor sentiment in COIN.
  • Despite concerns such as the remaining issues around DeFi and upcoming earnings report expectations, the overall positive news and upgrades seem to have outweighed any potential negative factors, driving the bullish market movement in COIN today.

10.09.2025 - COIN Stock was down 2.7%

  • Despite reported expansions in Coinbase's cryptocurrency custody business, new partnerships, and regulatory approvals for crypto staking, the stock witnessed a decline.
  • The downturn in the stock price could be linked to the overall market sentiment affecting the cryptocurrency industry, somewhat overshadowing Coinbase's recent advancements.
  • CEO Brian Armstrong's optimistic stance on US cryptocurrency regulations might not have been sufficient to counterbalance the prevailing negative market mood impacting COIN's stock value.
  • Investors' reactions to external influences like regulatory ambiguities, market unpredictability, and profit collection might have contributed to the downward trend in COIN's stock price, despite the positive developments within the company.

07.09.2025 - COIN Stock was down 5.0%

  • Despite positive remarks by Coinbase CEO Brian Armstrong regarding US cryptocurrency regulations, the stock displayed a downward trend, possibly due to market uncertainties or profit-taking activities.
  • The increased value of Bitcoin and the overall cryptocurrency market did not lead to a corresponding rise in Coinbase stock, hinting at potential other influences on its performance.
  • Coinbase's efforts to secure a National Trust Charter in order to connect crypto and traditional finance could have positive long-term effects, though it may not have had an immediate impact on the stock's value.
  • A collaboration between Samsung and Coinbase to simplify crypto accessibility for millions of users did not instill confidence in investors today, underscoring that internal factors within the company might be driving the bearish movement.

22.09.2025 - COIN Stock was down 6.3%

  • Despite recent acquisitions and strong market performance, Coinbase's stock witnessed a downward trend today.
  • The $375 million acquisition of blockchain fundraising platform Echo may have been perceived as either overpriced or falling short of market expectations, resulting in a sell-off of COIN shares.
  • Investor concerns about Coinbase's focus on ICOs and NFTs in its recent deals may have raised doubts regarding the company's diversification strategy and the potential risks associated with these volatile assets.
  • The bearish movement in COIN could also be influenced by general market sentiment or investors taking profits, despite the stock outperforming the broader market gains in the previous session.

17.09.2025 - COIN Stock was down 5.2%

  • The partnership between Coinbase Asset Management and iTrustCapital for a Bitcoin yield strategy may have raised concerns among investors about potential competition within the cryptocurrency investment space, leading to a bearish sentiment towards COIN.
  • The addition of Binance's token to Coinbase listings amidst community debate over exchange rules could have sparked uncertainty and speculation among traders, contributing to the downward pressure on COIN's stock price.
  • The launch of Coinbase's stablecoin payments platform for businesses may have been overshadowed by the market's focus on rival exchange Binance's token, impacting investor sentiment towards COIN negatively.
  • The premium on Bitcoin's price on Coinbase, coupled with the volatility in the cryptocurrency market, might have influenced traders to shift their focus towards digital assets like Bitcoin, diverting attention away from COIN and contributing to its bearish movement.

22.09.2025 - COIN Stock was down 8.2%

  • The acquisition of blockchain fundraising platform Echo for $375 million in cash and stock by Coinbase demonstrates the company's strategic move to fortify its position in the crypto market.
  • Despite positive developments regarding acquisitions and partnerships, market reaction has been bearish possibly due to concerns over the company's valuation and stiff competition in the short term.
  • Coinbase's focus on establishing infrastructure for token creation, fundraising, and secondary trading showcases its long-term vision, with investors possibly exhibiting caution regarding the immediate impact on the company's financials.
  • By resurrecting a crypto podcast from the last bull run alongside a $25 million NFT purchase, Coinbase's actions have influenced market sentiment, reflecting a blend of optimism and skepticism about present market conditions.

15.09.2025 - COIN Stock was down 5.4%

  • Coinbase experienced a -4.33% shift in its stock price today, likely influenced by the overall market trend.
  • The investment made by Coinbase in Indian crypto exchange CoinDCX at a high valuation raised concerns about the company's capital allocation decisions.
  • Regulatory developments in Japan aiming to prevent insider trading in the crypto market may have introduced uncertainty for investors, affecting sentiment towards Coinbase.
  • Speculation regarding Coinbase's potential acquisition of London fintech BVNK for stablecoin expansion contributed to uncertainties about the company's future strategic direction, potentially impacting its stock performance.

03.09.2025 - COIN Stock was up 5.6%

  • A recent partnership between Samsung and Coinbase aimed at introducing cryptocurrencies to a wide audience is believed to have increased investor confidence in Coinbase's future growth.
  • The introduction of the x402 Foundation by Cloudflare and Coinbase is seen as a contributing factor to the optimistic outlook on Coinbase's potential involvement in streamlining Internet payments.
  • Analysts issuing a Buy recommendation for Coinbase coupled with the stock's performance surpassing the overall market suggest a positive sentiment towards the company's trajectory and expansion opportunities.
  • The collective impact of these events and favorable coverage may have been key drivers behind the notable uptrend in Coinbase's stock price today.

14.09.2025 - COIN Stock was down 5.6%

  • COIN stock experienced a bearish movement despite its efforts to expand globally and deepen its involvement in DeFi and tokenization.
  • The premium valuation of COIN compared to its industry peers may have contributed to profit-taking by investors, leading to the downward pressure on the stock price.
  • The news of Coinbase applying for an OCC charter to enhance its crypto custody business might have raised concerns among investors about potential regulatory challenges or increased competition in the market.
  • The collaboration with Sharps Technology Inc. to expand its digital asset treasury strategy could be seen as a positive development, but it appears that the market sentiment was more influenced by broader industry factors leading to the bearish movement in COIN stock today.

23.09.2025 - COIN Stock was up 5.1%

  • Coinbase's earnings are expected to grow, which could have boosted investor confidence and led to a bullish movement in the stock.
  • The integration of AI into crypto payments through a new protocol may have attracted more users to the platform, driving up demand for COIN shares.
  • The listing of Coinbase's coin on Robinhood and the platform's record surge could have positively impacted COIN's performance today.
  • CEO Brian Armstrong's proactive approach towards advocating for regulatory clarity in the crypto market might have reassured investors and contributed to the bullish trend in COIN.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.