Bernstein Projects Significant Growth for Coinbase Amid Regulatory Changes
- Bernstein rates Coinbase stock as “outperform” with a target price of $310.
- Current Coinbase share price is $180, with potential growth over 72%.
- Coinbase holds a 66% market share in the US crypto exchange sector.
- Regulatory clarity is expected to increase competition but also boost the crypto industry overall.
- Non-trading revenues for Coinbase are predicted to grow at a compound annual rate of 31%.
Bernstein anticipates that pro-crypto regulatory changes could propel Coinbase shares by over 72%, raising its price target to $310 from the current $180. Despite increased competition, the growing US crypto market is expected to benefit Coinbase significantly.
Source (2.6)https://dailyhodl.com/2025/03/18/coinbase-coin-stock-set-to-explode-on-trumps-regulatory-tailwinds-according-to-bernstein-analysts-report/?rand=59076
