Analysts Split After Coinbase's Q3 Revenues

Coinbase Exceeds Expectations with Third Quarter Earnings

Coinbase has demonstrated strong performance with its third-quarter results, surpassing analyst expectations. The company achieved high trading and subscription revenues during this period. However, analysts are divided on whether this momentum is sustainable.

Market Opinions Vary

Bullish analysts highlight the growth in B2B crypto payments, significant partnerships, and regulatory support. On the other hand, bearish analysts express concerns about rising costs and pressure on profit margins.

Analyst Price Targets Show Variability

Analysts have set price targets for Coinbase ranging from 266 to 510 dollars. This reflects a sharp divergence of views on how the company can convert short-term gains into long-term profitability.