Wall Street Lifts Coinbase Targets Across the Board

Several Wall Street firms raised their price targets on Coinbase (NASDAQ: $COIN) this week, even as analysts remain split on how much upside the stock still has.

Goldman Sachs lifted its target to $244 from $219 while maintaining a Buy rating, implying roughly 31% upside from the stock’s close earlier in the week. Rothschild & Co Redburn raised its target to $214 from $198. Jefferies moved its target to $183 from $150. Barclays, which has held an Underweight rating on the stock since downgrading it in April, raised its target to $149 from $95, still well below where the stock currently trades.

Barclays said it raised its third-quarter estimates for Coinbase but kept its Underweight rating, noting its figures for fiscal 2026 and beyond remain well below Street expectations. The firm’s new $149 target still sits roughly 20% below where the stock closed Tuesday.

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Goldman’s more bullish stance pointed partly to the SEC’s recently proposed digital asset innovation exemption, which the firm said could benefit Coinbase if adopted. Goldman has argued the stock offers a good entry point, citing room for Coinbase to surprise to the upside.

The split leaves a wide range across Wall Street, from Barclays’ $149 target at the low end to Goldman’s $244 at the high end, with shares of Coinbase (NASDAQ: COIN) currently trading at $178.82.