Prediction: Coinbase Has Over 100% Upside as Cost Cuts and Volume Recovery Drive The Stock Higher

Vandita Jadeja

Sat, July 4, 2026 astatine 10:26 AM CDT 4 min read

Quick Read

• COIN carries a BUY standing with a $360 terms target, implying 118% upside arsenic crypto volumes retrieve and a 14% headcount chopped takes hold.

• USDC deed an $80 cardinal all-time precocious and stablecoin markets could grow tenfold to $3 trillion by 2030, fueling Coinbase's semipermanent bull case.

• A 118x guardant P/E and insider nett selling header the risks, but $10 cardinal successful currency and a $290 bear-case level connection immoderate comfort.

• Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Coinbase didn't marque the cut. Grab the names FREE today.

Our Coinbase (NASDAQ:COIN) telephone is unabashedly constructive. Shares person been battered successful 2026, but the setup into the backmost fractional of the twelvemonth looks compelling if crypto volumes normalize and the cost-out program sticks.

The 24/7 Wall St. terms people for Coinbase is $360.19 implicit the adjacent 12 months, implying 117.66% upside from $165.48. Our proposal is buy, with a assurance level of 90%. That is simply a high-conviction telephone connected a high-beta stock.

24/7 Wall St. Price Target Summary

A Brutal Year, With a Turn Off the Lows

Coinbase has been a punishing hold. The banal is down 53.31% implicit the past twelvemonth and 26.82% twelvemonth to date, retracing from a 52-week precocious of $444.64 to a 52-week debased of $139.18. Momentum is yet turning: shares are up 16.11% successful the past week.

Q1 2026, reported May 7, was the flashpoint. Revenue fell to $1.413 billion, a 30.54% YoY drop, missing consensus. GAAP EPS came successful astatine -$1.49, hammered by $482.4 cardinal successful losses connected crypto assets held for investment.

Adjusted EBITDA, however, stayed affirmative astatine $303.3 million, the 13th consecutive affirmative quarter. Management announced a 14% headcount simplification targeting $500 cardinal successful annualized savings.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Coinbase didn't marque the cut. Grab the names FREE today.

Why Bulls See a Breakout Ahead

The bull lawsuit rests connected Coinbase's "Everything Exchange" enlargement into equities, prediction markets, commodities, and FX, alongside the stablecoin franchise. USDC marketplace headdress reached an $80 cardinal all-time precocious successful March 2026, and absorption sees stablecoins increasing from ~$300 cardinal to $3 trillion by 2030.

Prediction markets are already annualizing $100 million+ successful their archetypal 2 months. Analysts backmost the setup, with a statement people of $229.40 and 21 bargain ratings against 3 sells. Our bull-case script points to $439.81 implicit 12 months if volumes reaccelerate and outgo cuts travel through.