COIN is trading at $148.24 (-3.24%) on a JPMorgan price target cut and pre-earnings jitters regarding a potential Q4 2025 revenue miss.
- JPMorgan lowered its price target to $290 from $399 due to weak crypto volumes, while Compass Point reiterated a sell rating citing delays in the CLARITY Act.
- The stock's decline is not being driven by the broader crypto market, as Bitcoin remains flat and Ethereum is up 1.13% since the last close.