Schwab Network on $COIN

Channel profile →Sources cited by the channel: BFA and JP Morgan, Baird, Bank of America, Barclays, Berenberg, Bernstein, with a Jefferies target cut noted, Bird (analyst firm), CEO, CEO Joe Dominguez, Caner, Citi, Citigroup, Citizens, Daiwa, Dan Deming and Michael Monahan, Dan Ives, Deutsche Bank, Erit Research, Evercore ISI, Evercore ISI; Dan Ives, Goldman Sachs, JP Morgan Chase, JPMorgan, JPMorgan Chase, Jefferies, Jefferies, UBS and Citigroup, Jensen Huang; Dan Ives, Loop Capital, Mattie Natsson, Michael Saylor, Milius (analyst), Morgan Stanley, Northrop, Oppenheimer, Oppenheimer, Freedom Broker, Oracle, Reddit CEO, Rothschild Redburn, SK Hynix, Seth, Tim Bigham, Tim and KG, Truist, UBS, Wall Street Journal, Wedbush, Wells Fargo, analysts2 entries

Schwab Network has discussed $COIN in 2 videos since 2026-10-29. The latest, on 2026-11-02, was bearish.

2026-11-02Bearish

“Monday's First Moves: COIN Downgrade, MAR All-Time High, EL Earnings”Cited source: Morgan Stanley

AI summary · Morgan Stanley cut COIN to underweight from equal weight and lowered its price target to 120 from 258, and COIN fell about 1.5%. Less crypto trading on COIN means lower transaction fees, with fourth-quarter transaction revenue around $165 million; last week's theft was a blow to trust shaking confidence across crypto.

Coinbase has been downgraded to an underweight rating. Of course, there was a major theft last week, so I think the crypto market has been unstable for a while. So this has caused some headwinds across the sector, and Coinbase's share price has fallen by about 1.5 percent after being downgraded this morning.

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2026-10-29

“EARNINGS PANEL: AMZN, INTC, SNDK, RDDT, COIN, SBUX”

AI summary · COIN beat on transaction revenue, subscriptions and adjusted EBITDA, and its 10.7% crypto trading share doubled year-over-year. But core trading revenue is slowing on weak market conditions; the wide $550M-$630M Q4 subscription guidance signals a more volatile business, and the speaker doubts COIN can compete with all-in-one brokerages, though prediction markets could help if monetized.

Okay. So, let's take a look at Coinbase. Interestingly, Coinbase's share price is rising. We are one percent above. Let's see why this is happening.

Third-quarter revenue was $1.22 billion. This is fairly consistent with expectations. The transaction generated revenue of $590 million. This is better than expectations of 575 million.

Revenue from subscriptions and services amounted to $570 million. This is also better than the estimate. Adjusted EBITDA was $332.9 million, which well exceeded expectations. We had an estimate of $282.9 million.

This is the 15th consecutive quarter where positive adjusted EBITDA has been achieved. Net income is $719 million. Adjusted net income came in at $78 million.

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