Coinbase Global: BTIG initiates at 'Buy' Rating, The Target Price is $410

BTIG initiates coverage on 'Buy' rating on Coinbase Global(COIN).

The target price is $410.

[Recent Rating]

Date	Agency	Change	Rating	Rating （previously）	Target Price	Target Price（previously）
2025-10-01	BTIG	Initiates Coverage On	Buy	--	$410	$--

[Recent Earning Results] Coinbase Global posted the Q2 of its 2025 financial results on 7/31/2025, reporting total revenue of USD 3531.50 million in the first half of the year, up 14.39% from USD 3087.20 million year over year, reporting net income of USD 1494.51 million in the first half of the year, up 23.27% from USD 1212.40 million year over year.

[Company Profile] Coinbase Global, Inc. was founded by Brian Armstrong and Fred Ehrsam in Delaware in May 2012. It is headquartered in San Francisco, California, USA. It is a digital currency exchange. They represent Bitcoin and Bitcoin. Cash, Ethereum, Ethereum Classic, Litecoin, Tezos and many other cryptocurrencies are traded using fiat currencies in about 32 countries and Bitcoin is used for transactions and storage in 190 countries around the world. In terms of trading volume, Coinbase is currently the largest cryptocurrency exchange in the United States. Almost all of Coinbase's revenue comes from BTC and ETH transactions.