Investment firm William Blair recently cut its estimates for Coinbase (NASDAQ: COIN), the largest U.S. cryptocurrency exchange. Interestingly, it also reiterated an outperform rating for Coinbase, suggested that clients stay invested, and advised that the crypto market could be near its bottom.
Coinbase stock has plummeted over the last year, from an all-time high of $445 on July 17, 2025, to $157 as of July 17, 2026. Here are the details on William Blair's ***** ysis and whether this is a good buying opportunity for Coinbase.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
William Blair reduced annual revenue estimates for Coinbase by 12% in 2026 and 13% in 2027. It also cut its EBITDA (earnings before interest, taxes, depreciation, and amortization) estimates by 34% for both years, and it expects Coinbase's trading volume to fall 44% to $669 billion in 2026.
These predictions make sense when you consider Coinbase's dependence on the crypto market and how the bear market has already affected it. Coinbase reported revenue of $1.4 billion in Q1 2026, a 31% year-over-year decrease. The crypto exchange also had a net loss of $394 million that quarter, compared to net income of $66 million in Q1 2025.
#Crypto
Coinbase stock has plummeted over the last year, from an all-time high of $445 on July 17, 2025, to $157 as of July 17, 2026. Here are the details on William Blair's ***** ysis and whether this is a good buying opportunity for Coinbase.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
William Blair reduced annual revenue estimates for Coinbase by 12% in 2026 and 13% in 2027. It also cut its EBITDA (earnings before interest, taxes, depreciation, and amortization) estimates by 34% for both years, and it expects Coinbase's trading volume to fall 44% to $669 billion in 2026.
These predictions make sense when you consider Coinbase's dependence on the crypto market and how the bear market has already affected it. Coinbase reported revenue of $1.4 billion in Q1 2026, a 31% year-over-year decrease. The crypto exchange also had a net loss of $394 million that quarter, compared to net income of $66 million in Q1 2025.
#Crypto
2 months ago
