Coinbase Shares Spark Intense Wall Street Debate

The investment community finds itself deeply divided over the future of Coinbase. As the sole publicly-traded major cryptocurrency exchange in the United States, the company has become a lightning rod for controversy, with analysts presenting starkly opposing forecasts. One camp envisions a near doubling of the share price, while another warns investors of severe overvaluation. Against a backdrop of declining Bitcoin prices and insider stock sales, shareholders face a critical decision: is the current pullback a prime buying opportunity or a value trap?

The core of the controversy lies in the extreme divergence of expert opinion. On one side, Bernstein maintains an “Outperform” rating with a steadfast price target of $510. This Read more...