Coinbase (COIN), the largest cryptocurrency exchange in the US, has experienced a significant decline in its stock valuation, dropping nearly 40% from its peak of $444 in July to its current trading level of around $271 per share. This, amid market fluctuations and heightened volatility in the broader crypto market, impacting the exchange’s stock performance. Bernstein Forecasts New Bullish Phase For Coinbase Despite these challenges, analysts at Bernstein hold an optimistic outlook on Coinbase’s stock price, suggesting a potential new bullish phase that could propel COIN to surpass previous all-time highs and reach levels above $500.  Bernstein maintains a price target of $510 on Coinbase, underlining the exchange’s shift from a trading-centric platform to what analysts dub an emerging “everything exchange.” Related Reading: XRP Price Predictions: AI Forecasts $4.40 By March 2026, Analysts Target Up To $6 Analysts led by Gautam Chhugani highlighted the delicate market conditions, citing crypto price fluctuations influencing listed crypto-exposed equities.  However, Bernstein distinguishes the current market environment from past crypto downturns, noting that speculative excess primarily affects what they refer to as “MSTR copycats,” referencing Strategy’s (previously MicroStrategy) stock performance.  Central to Bernstein’s bullish thesis is Coinbase’s strategic diversification away from volatile spot trading revenue. They assert that exchange is evolving into a comprehensive financial platform. The analysts emphasize that clearer regulatory guidelines in the US could drive a revaluation of these business lines, bridging the gap with offshore competitors benefiting from faster token listings and fundraising fees.  Coinbase’s foray into token issuance through a launchpad-style model, exemplified by Monad’s (MON) recent listing, demonstrates growing market interest. Bernstein notes that these launches, directly influencing trading activity, can stimulate a cycle of issuance, listing, and heightened trading volume. Confident Ratings For COIN Looking ahead, one of the exchange’s most notable catalysts is the upcoming product showcase on December 17, anticipated to unveil developments in tokenized equities, prediction markets, and other tools expanding the exchange’s offerings beyond spot crypto trading.  The integration with Deribit is also expected to further bolster Coinbase’s derivatives expansion, positioning the exchange closer to platforms like Robinhood as both entities diversify their product offerings. Related Reading: Is The Bitcoin Bottom In? Top Analyst Assigns 91.5% Probability On the consumer front, the exchange’s Base app, focusing on wallet services, payments, and social features, acts as a centralized access point for the broader token markets, reaffirming the analysts’ bullish predictions.  Bernstein’s reaffirmed “Buy” rating on Coinbase with a massive $510 price target underscores the firm’s confidence in COIN’s growth trajectory. Monness Crespi’s recent upgrade from “Neutral” to “Buy” with a $375 target further adds to the bullish sentiment surrounding the stock’s valuation amid falling prices.  Featured image from DALL-E, chart from TradingView.comCoinbase (COIN), the largest cryptocurrency exchange in the US, has experienced a significant decline in its stock valuation, dropping nearly 40% from its peak of $444 in July to its current trading level of around $271 per share. This, amid market fluctuations and heightened volatility in the broader crypto market, impacting the exchange’s stock performance. Bernstein Forecasts New Bullish Phase For Coinbase Despite these challenges, analysts at Bernstein hold an optimistic outlook on Coinbase’s stock price, suggesting a potential new bullish phase that could propel COIN to surpass previous all-time highs and reach levels above $500.  Bernstein maintains a price target of $510 on Coinbase, underlining the exchange’s shift from a trading-centric platform to what analysts dub an emerging “everything exchange.” Related Reading: XRP Price Predictions: AI Forecasts $4.40 By March 2026, Analysts Target Up To $6 Analysts led by Gautam Chhugani highlighted the delicate market conditions, citing crypto price fluctuations influencing listed crypto-exposed equities.  However, Bernstein distinguishes the current market environment from past crypto downturns, noting that speculative excess primarily affects what they refer to as “MSTR copycats,” referencing Strategy’s (previously MicroStrategy) stock performance.  Central to Bernstein’s bullish thesis is Coinbase’s strategic diversification away from volatile spot trading revenue. They assert that exchange is evolving into a comprehensive financial platform. The analysts emphasize that clearer regulatory guidelines in the US could drive a revaluation of these business lines, bridging the gap with offshore competitors benefiting from faster token listings and fundraising fees.  Coinbase’s foray into token issuance through a launchpad-style model, exemplified by Monad’s (MON) recent listing, demonstrates growing market interest. Bernstein notes that these launches, directly influencing trading activity, can stimulate a cycle of issuance, listing, and heightened trading volume. Confident Ratings For COIN Looking ahead, one of the exchange’s most notable catalysts is the upcoming product showcase on December 17, anticipated to unveil developments in tokenized equities, prediction markets, and other tools expanding the exchange’s offerings beyond spot crypto trading.  The integration with Deribit is also expected to further bolster Coinbase’s derivatives expansion, positioning the exchange closer to platforms like Robinhood as both entities diversify their product offerings. Related Reading: Is The Bitcoin Bottom In? Top Analyst Assigns 91.5% Probability On the consumer front, the exchange’s Base app, focusing on wallet services, payments, and social features, acts as a centralized access point for the broader token markets, reaffirming the analysts’ bullish predictions.  Bernstein’s reaffirmed “Buy” rating on Coinbase with a massive $510 price target underscores the firm’s confidence in COIN’s growth trajectory. Monness Crespi’s recent upgrade from “Neutral” to “Buy” with a $375 target further adds to the bullish sentiment surrounding the stock’s valuation amid falling prices.  Featured image from DALL-E, chart from TradingView.com

Bernstein Forecasts Coinbase (COIN) To Surge 90%, Setting $510 Price Target

2025/12/06 14:00

Coinbase (COIN), the largest cryptocurrency exchange in the US, has experienced a significant decline in its stock valuation, dropping nearly 40% from its peak of $444 in July to its current trading level of around $271 per share. This, amid market fluctuations and heightened volatility in the broader crypto market, impacting the exchange’s stock performance.

Bernstein Forecasts New Bullish Phase For Coinbase

Despite these challenges, analysts at Bernstein hold an optimistic outlook on Coinbase’s stock price, suggesting a potential new bullish phase that could propel COIN to surpass previous all-time highs and reach levels above $500. 

Bernstein maintains a price target of $510 on Coinbase, underlining the exchange’s shift from a trading-centric platform to what analysts dub an emerging “everything exchange.”

Analysts led by Gautam Chhugani highlighted the delicate market conditions, citing crypto price fluctuations influencing listed crypto-exposed equities. 

However, Bernstein distinguishes the current market environment from past crypto downturns, noting that speculative excess primarily affects what they refer to as “MSTR copycats,” referencing Strategy’s (previously MicroStrategy) stock performance. 

Central to Bernstein’s bullish thesis is Coinbase’s strategic diversification away from volatile spot trading revenue. They assert that exchange is evolving into a comprehensive financial platform.

The analysts emphasize that clearer regulatory guidelines in the US could drive a revaluation of these business lines, bridging the gap with offshore competitors benefiting from faster token listings and fundraising fees. 

Coinbase’s foray into token issuance through a launchpad-style model, exemplified by Monad’s (MON) recent listing, demonstrates growing market interest. Bernstein notes that these launches, directly influencing trading activity, can stimulate a cycle of issuance, listing, and heightened trading volume.

Confident Ratings For COIN

Looking ahead, one of the exchange’s most notable catalysts is the upcoming product showcase on December 17, anticipated to unveil developments in tokenized equities, prediction markets, and other tools expanding the exchange’s offerings beyond spot crypto trading. 

The integration with Deribit is also expected to further bolster Coinbase’s derivatives expansion, positioning the exchange closer to platforms like Robinhood as both entities diversify their product offerings.

On the consumer front, the exchange’s Base app, focusing on wallet services, payments, and social features, acts as a centralized access point for the broader token markets, reaffirming the analysts’ bullish predictions. 

Bernstein’s reaffirmed “Buy” rating on Coinbase with a massive $510 price target underscores the firm’s confidence in COIN’s growth trajectory. Monness Crespi’s recent upgrade from “Neutral” to “Buy” with a $375 target further adds to the bullish sentiment surrounding the stock’s valuation amid falling prices. 

Coinbase

Featured image from DALL-E, chart from TradingView.com 

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BitcoinEthereumNews2025/12/07 02:47