Tesla Trade: Ark Invest sold 23,110 shares of Tesla, valued at approximately $11.2 million, amid stock volatility, while Tesla's shares closed at $483.37, reflecting a 3.45% increase.
Coinbase Trade: Ark Invest purchased 17,386 shares of Coinbase for about $4.15 million, aligning with the company's launch of commission-free U.S. stock trading, expanding its services beyond cryptocurrency.
Brera Holdings Trade: Ark Invest increased its stake in Brera Holdings by acquiring 575,644 shares for around $1.4 million, following the company's strategic initiatives that previously boosted its stock.
Other Key Trades: Ark Invest also sold shares of Ionis Pharmaceuticals and Adaptive Biotechnologies while buying a significant number of shares in Recursion Pharmaceuticals across its various ETFs.
Wall Street analysts forecast COIN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COIN is 361.63 USD with a low forecast of 230.00 USD and a high forecast of 440.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
25 Analyst Rating
Wall Street analysts forecast COIN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COIN is 361.63 USD with a low forecast of 230.00 USD and a high forecast of 440.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 226.930
Low
230.00
Averages
361.63
High
440.00
Current: 226.930
Low
230.00
Averages
361.63
High
440.00
Barclays
Equal Weight
downgrade
$291 -> $258
2026-01-08
Reason
Barclays
Price Target
$291 -> $258
AI Analysis
2026-01-08
downgrade
Equal Weight
Reason
Barclays lowered the firm's price target on Coinbase to $258 from $291 and keeps an Equal Weight rating on the shares. The firm updated the company's model ahead of the Q4 report. Coinbase's Q4 saw softer trading volumes, mixed crypto asset prices, and decelerating USDC growth, the analyst tells investors in a research note.
BofA
Neutral -> Buy
upgrade
$340
2026-01-08
Reason
BofA
Price Target
$340
2026-01-08
upgrade
Neutral -> Buy
Reason
BofA upgraded Coinbase to Buy from Neutral with an unchanged price target of $340.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for COIN
Unlock Now
BofA
Neutral -> Buy
upgrade
$340
2026-01-08
Reason
BofA
Price Target
$340
2026-01-08
upgrade
Neutral -> Buy
Reason
As previously reported, BofA upgraded Coinbase to Buy from Neutral with an unchanged price target of $340. The stock is off 40% from its July highs, but under the surface of the Q4 crypto correction the company's product velocity has increased and its total addressable market expanded in parallel, the analyst tells investors. Coinbase last month detailing its expansion into stock/ETF trading and prediction markets for the first time supports its objective of becoming the "everything exchange" and cross-selling more products to its existing users, the analyst added.
Compass Point
Ed Engel
initiated
$5
2026-01-06
Reason
Compass Point
Ed Engel
Price Target
$5
2026-01-06
initiated
Reason
Compass Point analyst Ed Engel initiated coverage of Coincheck with a Buy rating and $5 price target.
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the cryptoeconomy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. Its platform helps people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and global transfers. It offers products and services to various customer groups: individuals, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime Trading, markets, base protocol and Coinbase wallet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.