COIN is trading at +4.9% now at $248.14, surging after Goldman Sachs upgraded the stock to Buy from Neutral, setting a $303 price target.
- The firm calls COIN a best-in-class crypto play, citing scale, brand strength, and a shift toward stable subscription revenue.
- Subscription revenue now accounts for 40% of total revenue, supported by CEO Armstrong's 2026 vision for an 'everything exchange' including stocks and prediction markets.