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Cantor Fitzgerald almost doubled its 12-month price target for Coinbase Global Inc. to $500 from $292, while reiterating an Overweight rating on the largest U.S. listed crypto exchange. The brokerage raised its 2026 earnings-per-share forecast to $10.76 from $8.36, citing stronger-than-expected growth in transaction volumes, stablecoin activity and blockchain rewards revenue. To reflect the improved outlook, Cantor lifted the valuation it applies to Coinbase shares to 46.5 times projected earnings from 35 times. Analysts at the firm said regulatory clarity and increased institutional participation have pushed Bitcoin and other major digital assets to record highs, supporting a re-rating of Coinbase as a core piece of crypto market infrastructure rather than a purely cyclical trading venue.
$COIN PT Raised to $500 at Cantor Fitzgerald As we highlighted in our initiation, the investor perception shift in COIN from being a cyclical cryptocurrency trading platform to a mission-critical infrastructure layer of crypto will drive a re-rating in shares. We viewed
$COIN | 𝐂𝐨𝐢𝐧𝐛𝐚𝐬𝐞 (COIN): Cantor Fitzgerald maintains 𝐎𝐯𝐞𝐫𝐰𝐞𝐢𝐠𝐡𝐭, raises 𝐏𝐓 𝐭𝐨 $𝟓𝟎𝟎.𝟎𝟎 (from $292.00) Analyst sees 𝐫𝐞𝐯𝐢𝐬𝐞𝐝 𝐄𝐏𝐒 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐬 & 𝐢𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐫𝐨𝐥𝐞 re-rating shares; highlights 𝐬𝐮𝐩𝐞𝐫𝐚𝐩𝐩 https://t.co/Gde8xi6gs5
Cantor Fitzgerald Maintains Overweight on $COIN, Raises PT to $500 from $292 Analyst comments: "Regulatory and institutional momentum have propelled Bitcoin to new ATHs, as well as other major assets seeing a significant move higher. This dynamic has also helped propel shares of
