Coinbase Shares Fall Ahead of Earnings Report
Coinbase Global Inc (NASDAQ: COIN) ne apne shares mein lagbhag 8% ki girawat dekhi hai, jabki investors company ke chouthi timahi ke labh report se pehle cautious nazar aa rahe hain. Yeh girawat 12 February ko dekhi gayi, jab shares $141.65 tak gir gaye. Itihasik rujhan yeh dikhate hain ki Coinbase stock aksar earnings ke baad volatile hota hai. Pichhle aath reports mein se chhe ke baad ke din shares mein girawat hui hai, jabki un sessions mein average 7.9% ka labh bhi dekha gaya hai.
Coinbase ko operational disruptions ka samna bhi karna pada, jahan users ne cryptocurrency kharidne, bechne, aur transfer karne mein dikkat ki report ki. Company ne social media par customers ko ashwasan diya, ki "Aapke funds surakshit hain," aur baad mein technical issues ko suljhaane ki pushti ki.
Investors ki chinta ko badhawa dete hue, Monness, Crespi, Hardt & Co. ne Coinbase ko sell ki rating di, jiska karan crypto market recovery ke liye anuchit aashayein thi. Brokerage ne apni price target ko 68% tak ghata kar $120 ki street-low par le aaya, aur 2027 tak revenue aur earnings ki bhavishyvani ko bhi revise kiya. Yeh downgrade pichhle mahine mein kam se kam paanch anya price target reductions ka anukaran karta hai, jahan Coinbase ke shares saal ke shuruat se lagbhag 40% gire hain.
Cryptocurrency market abhi bhi Coinbase ke liye kathinaiyan paida kar raha hai. Bitcoin ne 12 February ko 2.5% ki girawat dekhi, jo ki $65,427 par aaya. Saal ke liye yeh 23.5% ka girawat hai aur October ke peak se 45% se adhik hai. FxPro Group ke chief market analyst, Alex Kuptsikevich ke anusar, aane wale hafton mein $60,000 se $70,000 ke beech trading range sambhav hai, jabki speculative demand kam hoti ja rahi hai. Is dauran broader crypto market ne lagbhag $2 trillion ki value kho di hai.
Market ki bechaini ko aur badhate hue, Coinbase ke CEO Brian Armstrong ne April 2025 se January 2026 ke beech 1.5 million shares ko liquidate kiya. Shares ne 5.7% ki girawat dekhi aur $153.20 par band hue, jo pehle din $162.52 se neeche tha. COIN ka stock is saal mein $262 tak trade hua hai aur lagbhag $142 se $444 ke 52-week range mein hai.
Ek bechain saal ke baad crypto aur pichhle mahine mein 44% ki girawat ke saath, investors ab Coinbase ki profitability banaye rakhne ki kshamata par nazar rakh rahe hain. Aane wali earnings report yeh dekhti hai ki kya company kathin crypto market ko navigate kar sakti hai aur ongoing volatility ke beech apne transaction revenue ko bana sakti hai.
