Coinbase Stock Has 26% Upside Potential Despite Q4 Revenue Miss
Following a significant selloff of over 57%, Coinbase (COIN) stock has an estimated 26% upside based on Wall Street's average price target. The company reported $1.80 billion in fourth-quarter revenue, below expectations and down year-over-year by more than 20%. A net loss of $667 million was attributed to markdowns on crypto holdings.
Topics: cryptocurrency price targets revenue miss stock analysis