Coinbase Stock Rises on Analyst Optimism and Congressional Support for Crypto Bills

Coinbase shares have surged nearly 60% in 2025, with analysts lifting their price target to $417 from $395, citing the company's position to benefit from widespread adoption of digital assets. Congress is set to discuss three crypto-friendly bills this week, which could increase the use of digital assets. The exchange is well-positioned to capitalize on mass adoption of digital assets and drive adoption, according to Oppenheimer analysts.

Coinbase Global (COIN) shares have surged nearly 60% in 2025, with analysts lifting their price target to $417 from $395. This upward trend is attributed to the company's position to benefit from widespread adoption of digital assets. Congress is set to discuss three crypto-friendly bills this week, which could increase the use of digital assets. The exchange is well-positioned to capitalize on mass adoption of digital assets and drive adoption, according to Oppenheimer analysts [1].

Oppenheimer analysts raised their price target for Coinbase stock to $417 from $395, marking a 7% premium over the stock's Friday close near $387. This bullish target comes as Bitcoin (BTCUSD) traded above $120,000 on Monday, continuing its run to new heights. The analysts noted that if Congress can pass the GENIUS Act and the Digital Asset Market Clarity Act, which establish frameworks for stablecoins and crypto market regulation, respectively, "it will legitimize this space and drive adoption" [1].

The Czech National Bank (CNB) has also shown interest in cryptocurrency-related assets by buying $18.1 million worth of Coinbase shares in Q2 2025. This move reflects the growing interest in digital assets among traditional financial institutions. The CNB's investment aligns with its goal to allocate a portion of its €140 billion reserves to crypto, as signaled by Governor Aleš Michl earlier in 2025 [2].

Despite facing revenue pressure, Coinbase shares have rebounded sharply in 2025. The stock rose over 51% in the first half of the year following its inclusion in the S&P 500 index in May. The company gained more institutional support, though it faced a difficult first quarter with a 10% decline in total revenue and a 95% drop in net income due to a $596 million paper loss in crypto holdings [2].

Coinbase has pursued strategic acquisitions to boost its offerings, including the acquisition of Deribit for $2.9 billion and Liquifi, a token management platform. The exchange also secured licensing under the EU’s MiCA framework, positioning it to offer tokenized equities and compete with platforms like Robinhood and WeBull [2].

While the company faces an "unfavorable" setup ahead of its second-quarter results due to weak trading volume, analysts remain optimistic about its long-term prospects. The brokerage expects a more attractive entry point for the stock after the print [3].

References:
[1] https://www.investopedia.com/coinbase-stock-rises-on-analyst-optimism-congressional-work-on-pro-crypto-bills-11771683
[2] https://cryptonewsland.com/czech-central-bank-buys-18m-in-coinbase-shares-signaling-interest-in-crypto-exposure/
[3] https://finance.yahoo.com/news/coinbase-facing-apos-unfavorable-apos-165230287.html