What's Going On With Coinbase And PayPal Stock On Thursday?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 24 2025
0mins
Source: Benzinga
Partnership Announcement: Coinbase has expanded its partnership with PayPal to enhance the adoption of PayPal's stablecoin, PYUSD, allowing millions of users direct access and promoting its use in digital commerce and financial services.
Market Impact: Following the announcement, Coinbase shares saw a slight increase, while the collaboration aims to leverage both companies' strengths to innovate in global payments and explore decentralized finance (DeFi) applications.
Analyst Views on CRPT
Wall Street analysts forecast CRPT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRPT is USD with a low forecast of USD and a high forecast of 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.
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Current: 17.100
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Current: 17.100
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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.
