Coinbase Stock: Ups and Downs, but Analysts See Upside

Coinbase Global, a leading crypto platform, has seen its stock drop nearly forty percent from its peak, underperforming the Nasdaq. However, recent third-quarter results showed strong performance, with net income exceeding expectations and transaction revenue nearly doubling. Despite recent struggles, analysts maintain a Moderate Buy rating, suggesting a potential forty-four percent upside.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.