Coinbase (COIN) Seen as Strong Crypto Franchise by Baird, Starts Coverage With Neutral Rating

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Coinbase (COIN) Seen as Strong Crypto Franchise by Baird, Starts Coverage With Neutral Rating

Sheryar Siddiq

Fri, February 13, 2026 at 11:54 PM GMT+9 1 min read

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  •                                       StockStory Top Pick 
    

    COIN

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Coinbase Global Inc. (NASDAQ:COIN) ranks among the best high growth high margin stocks to buy now. On January 28, Baird began coverage of Coinbase Global Inc. (NASDAQ:COIN), rating it Neutral and setting a price target of $240 on the company’s shares. The firm sees Coinbase Global Inc. (NASDAQ:COIN) as “a strong franchise and solid growth story,” citing its status as the largest bitcoin exchange in the US, as well as providing retail and institutional trading capabilities with increasing applications.

Baird stated that the risk-reward ratio for COIN shares appears balanced, referencing recent trading volume declines after the October 10 cryptocurrency price slump and concerns regarding the Clarity Act.

However, the firm highlighted a number of possibilities for growth for Coinbase Global Inc. (NASDAQ:COIN), namely its “Everything Exchange” program and enhancing subscription revenue mix, and added that it planned to “wait for an incremental pullback to upgrade” its outlook.

Coinbase Global Inc. (NASDAQ:COIN) is a leading US-based financial technology company that operates a major cryptocurrency exchange platform enabling individuals and institutions to buy, sell, trade, store, and stake digital assets like Bitcoin and Ethereum.

While we acknowledge the potential of COIN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

**READ NEXT: 10 Best Magic Formula Stocks for 2025 and **10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This article is originally published at Insider Monkey.

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