JPMorgan Cuts Coinbase Price Target by 27% Ahead of Thursday Earnings

TLDR Coinbase’s stock has dropped over 50% since October’s bitcoin record, including a 27% decline in 2026. JPMorgan lowered its price target for Coinbase to $290, down from $399, ahead of the company’s fourth-quarter earnings report. Despite the price target cut, JPMorgan still sees a 75% upside for Coinbase from its current price of $165.5. [...]

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