Analyst predicts nearly 80% gains for Coinbase despite choppy year

Coinbase stock has spent most of 2026 doing what crypto assets do best: moving in every direction at once. Shares were trading around $186 to $190 in late August, well below earlier highs for the year. Yet a significant chunk of Wall Street is looking past the turbulence and pointing toward much higher ground. Bernstein is the loudest voice in that camp, maintaining a Buy rating with a price target of $330. From the $186 level, that implies a gain of roughly 77%. What the numbers actually say Coinbase reported Q2 2026 revenue of $1.22 billion, a figure that came in below analyst expectations and represented a decline from prior quarters. Adjusted EBITDA also missed the mark. Of the roughly 34 analysts covering the stock, somewhere between 18 and 22 maintained Buy or Outperform ratings after the Q2 print. The consensus average price target sits in the $195 to $218 range, which translates to low-to-mid double-digit upside from current levels. The more bullish cluster of targets sits in the $300s. Some analysts did trim their numbers. Rosenblatt lowered its target to $200. Needham moved its target from $177 up to $200. The core argument for the optimists is straightforward. Trading re...