Coinbase Stock Forecast 2025: What’s in Store for the Crypto Exchange?

Investors in Coinbase Global (COIN), the cryptocurrency exchange platform, have seen the company’s stock price soar 181% over the past year.

The US-based company has benefited from strong quarterly results, rising cryptocurrency prices, and the recent signing of a multi-million dollar contract.

But where will the Coinbase stock price go next? Can we expect it to continue rising or is the next move likely to be downwards?

In our Coinbase stock forecast for 2024, 2025, and beyond, we look at the company’s most recent results, consider the latest news announcements, and reveal the views of analysts.

Table of Contents Table of Contents

1. Key Takeaways
2. Summary of the Latest Coinbase Stock Predictions
3. Coinbase Stock Analysis: What's Happened to the Share Price?
4. The Latest Coinbase News & Key Drivers to Consider
5. Coinbase Stock Forecast: Analyst Views
6. Coinbase Stock Predictions for 2024, 2025 & 2030: Where Will COIN Price Go Next?
7. The Bottom Line: Should I Invest in Coinbase?
8. FAQ
9. References

Show Full Guide

Table of Contents

1. Key Takeaways
2. Summary of the Latest Coinbase Stock Predictions
3. Coinbase Stock Analysis: What's Happened to the Share Price?
Show Full Guide
4. The Latest Coinbase News & Key Drivers to Consider
5. Coinbase Stock Forecast: Analyst Views
6. Coinbase Stock Predictions for 2024, 2025 & 2030: Where Will COIN Price Go Next?
7. The Bottom Line: Should I Invest in Coinbase?
8. FAQ
9. References

Summary of the Latest Coinbase Stock Predictions

Coinbase Stock Analysis: What’s Happened to the Share Price?

Let’s kick off our Coinbase stock forecast with a look at the performance of the company’s share price over the past year.

There’s no denying that the last 12 months have been pretty lucrative for Coinbase investors who have watched the COIN stock price soar by 181%.

However, the headline numbers don’t tell the full story because it’s been a pretty volatile ride.

COIN went from trading at $78.10 last summer to $186.36 by the end of 2023 before dipping to around $117 in February 2024.

Positive fourth-quarter results helped lift it to $279.71 in late March. Since then, the price has fluctuated. As the market closed on July 3, 2024, it stood at $224.94.

Of course, investors that have been involved with the company since it went public in April 2021 are fully aware that owning this stock can be a challenging journey.

The all-time high stock closing price was $357.39 on November 9, 2021, according to Macrotrends, while the average for the last 52 weeks is $152.16.

Currently, Coinbase is the fourth largest stock and crypto exchange in the world by virtue of its $55.23bn market capitalization.

The Latest Coinbase News & Key Drivers to Consider

Here we take a look at the latest Coinbase news that could affect its share price over the coming months.

US Government Contract Signed

In early July 2024, Coinbase announced it had signed a deal with the Justice Department’s US Marshals Service that was said to be worth $32.5 million.

The company revealed it had been selected to provide “custody and advanced trading services” for the agency’s digital assets.

In a blog post, Coinbase said it had been chosen due to its “strong track record” and ability to securely provide institutional-grade crypto services at scale.

??As of March 31, 2024, Coinbase safeguarded $330 billion of assets. During the first quarter of 2024, it recorded $256 billion in institutional trading volume.

Strong First Quarter Results

In early May 2024, the company revealed it had generated $1.6 billion of total revenue and $1.2 billion of net income in the first quarter of 2024.

It also said the adjusted EBITDA (earnings before interest, tax, depreciation and amortization) was $1 billion. This was more than it had generated in the whole of 2023.

In a statement, it declared: “Our financial performance in Q1 reflects our focused execution on product expansion, ongoing operational discipline, and strong crypto market conditions.”

Coinbase Q1 Revenue ($M)

Meanwhile, the algorithmic forecasts of WalletInvestor, has the Coinbase stock price hitting $404.84 over the coming year. That would represent an increase of 79%.

Its 5-year Coinbase stock forecast suggests the COIN price might climb higher to $1,128.74 in 2029.

The unpredictable nature of stock price movements, particularly in an area such as cryptocurrency, means most analysts are unwilling to give a Coinbase stock forecast for 2030.

Note that analysts’ and algorithm-based projections might prove to be wrong.

The Bottom Line: Should I Invest in Coinbase?

The Coinbase stock price is trading at a significantly higher level than it was a year ago, but investors must accept volatility in exchange for owning its shares.

Its future prospects will largely depend on the popularity of cryptocurrency trading, as well as how successful management is in implementing growth plans.

Even experienced Wall Street analysts are divided. While some see it as a ‘buy’ whose share price can rise substantially, others urge caution as they fear the stock price is set to fall.

FAQ