Coinbase’s stock has plunged 34% in 2026 due to significant volatility in the cryptocurrency market, with Bitcoin falling 47% from a peak of over $126,000 last October. Ahead of its earnings report on Thursday, the company has requested that analysts submit their questions in advance, a strategy aimed at enhancing management’s preparation and ensuring compliance. Analysts at JPMorgan recently downgraded their price target for Coinbase to $290 from a previous $399, citing lower trading volumes and intensified competition from other crypto exchanges seeking U.S. public listings, which pose risks to Coinbase’s previously held market share.
Coinbase price targets slashed by analysts ahead of Q4 2025 earnings report
