The crypto exchange's broadening product suite and dominant U.S. market position set it up well for the long term, many analysts said.

JPMorgan lowered its price target on Coinbase to $215 from $276 and kept a ‘Neutral’ rating on the shares, as per TheFly.

Blockchain infrastructure company Coinbase (NASDAQ:COIN) in Q1 CY2025, but sales rose 24.2% year on year to $2.03 billion. Its non-GAAP profit of $1.94 per share was 0.7% above analysts’ consensus estimates.