Coinbase (COIN) closed at $226.93, down 0.35%, facing pressure from recent regulatory setbacks, specifically the halting of USDC-peso trades in Argentina and licensing restrictions in the Philippines.
- Despite near-term challenges, 25 analysts maintain a consensus Buy rating, setting a 2026 price target of $377.49.
- Technical indicators remain bearish, with the stock sporting a Zacks Rank of #4 (Sell) and trading at a high Forward P/E of 42.34.