Analyst Alex Henderson reiterated his buy rating for the cybersecurity firm but lowered his price target to $375 from $425.
JPMorgan analyst Kenneth Worthington attributed a higher assumption for total crypto market cap as one reason for his price target raise.
"We see the cryptoecosystem in the midst of a material participation rally, benefitting Coinbase revenue generation near term," the analyst wrote.
Analyst Eric Joseph's December 2025 price target of $8 implies a 51% decline ahead for the stock.
He also maintained his $725 price target, which implies upside of 15.6% from Monday's close.
Persons:
Oppenheimer, Needham, Alex Henderson, CrowdStrike, Henderson, Lisa Kailai Han, Keefe, Bruyette, Meyer Shields, Shields, — Lisa Kailai Han, Kenneth Worthington, JPMorgan downgrades, Eric Joseph's, Joseph, Chipmaker, Simon Coles, Coles, Jason Helfstein, NFLX, Fred Imbert
Organizations:
CNBC, Barclays, Netflix, Security, Aon, JPMorgan, Sanofi
Locations:
Woods, Coinbase, China, Monday's