Coinbase Earnings Disappointed. Wall Street Is Split on the Stock. - Barron's
1. Coinbase reported a 26% revenue drop in Q2, triggering a sell-off. 2. Analysts are polarized with predictions from $248 to $421 price targets. 3. Regulatory changes like the Genius Act may benefit Coinbase's revenue streams. 4. Retail trading softness expected for upcoming quarters, affecting revenue. 5. Wall Street leans toward a bullish perspective despite recent downgrades.