Could you please elaborate on the average price target for Coinbase Global? Is there a consensus among analysts or investors on a specific price range that Coinbase Global's stock is expected to reach in the future? What factors are influencing these predictions, and how might they change over time? Also, is it important to note that price targets can vary widely and should be taken with a grain of salt?
6 answers
Eleonora
Sun Sep 08 2024
Looking at the analysts' twelve-month price targets, the average target for COIN stands at $245.27. This figure represents a consensus among the analysts regarding the expected price level in the coming year.
HallyuHype
Sun Sep 08 2024
The range of price targets is quite wide, with the highest target set at $345.00, indicating that some analysts are optimistic about the stock's future performance.
BusanBeautyBlooming
Sun Sep 08 2024
In the analysis of Coinbase Global (COIN), the sentiment among 17 analysts is diverse. Two analysts have assigned a sell rating to the stock, indicating a negative outlook.
Carolina
Sun Sep 08 2024
Conversely, the lowest price target of $145.00 suggests that some analysts remain cautious and do not foresee significant upside potential.
BitcoinBaron
Sun Sep 08 2024
On the other hand, seven analysts have given a hold rating, suggesting that they see little potential for significant price movements in the near future. This indicates a cautious stance towards COIN.