Reported 1 day ago
Coinbase's stock has seen a significant 60% increase over the past year, driven by improved regulatory clarity, product rollouts, and a recent listing on the S&P 500 Index. Despite a recent dip of around 18%, analysts remain optimistic, with a consensus rating of 'Moderate Buy' and a price target suggesting potential gains of up to 70%. The company continues to thrive with strong revenue from stablecoin partnerships and plans to expand its services throughout the European Union.
Source: YAHOO