Coinbase COIN stock forecast for 2022 and beyond

Coinbase is a major player in the rapidly expanding cryptocurrency market. This page looks at the latest COIN stock price forecasts for the years ahead
By: Charlie Hancox
Charlie Hancox
Alongside his passion for trading, Charlie has represented Great Britain and won national championships as a water polo player,… read more.
Updated: May 12, 2022

Read this guide to discover the latest Coinbase stock price forecasts. We have provided an overview of the potential trajectory of COIN stock, backed by the opinions of financial institutions and experts.

COIN stock forecast & price target

Right now, the consensus of top analysts is that buying Coinbase stock is a prudent move. The average 12-month price target sits at around $340 per share, though some feel the stock will rise even higher.

However, there are some notable detractors whose Coinbase stock price forecast is for it to rise more gradually. The company has had a rough ride since its debut on the NASDAQ in April 2021, and even the most bullish of COIN investors see this as a slow-burn value proposition rather than a get-rich-quick scheme.

Overall, nearly every financial expert we could find expects Coinbase to grow at an impressive rate in the coming years. While peak COIN stock price forecasts may vary, it is clear the company has managed to establish itself as a leader in the rapidly expanding cryptocurrency space. Check out the section below for some specific Coinbase price predictions.

StockAverage price targetHighest targetLowest targetMajority guidance
Coinbase (COIN)$340$444$220Buy
Analyst price targets for Coinbase stock, updated January 4th, 2022.

Expert forecasts on the future of Coinbase (COIN)

Below, we have listed some of the most notable comments regarding the future prospects of Coinbase. Read through each one to gain a clear overview of what it could be worth in the coming years.

“(Bank of America) continue to believe that COIN’s technology/innovation and brand are positive differentiators, as more consumers and institutions engage with various parts of the crypto/digital asset ecosystem.”

Jason Kupferberg, Bank of America, $340 price target reiterated with stock upgraded from ‘neutral’ to a ‘buy’ rating

Coinbase is potentially the “on ramp” for all things crypto in the future.

Richard Repetto, Piper Sandler, $440 price target and an ‘overweight’ rating

“(there is a) significant downside to consensus revenue expectations,” with signs of a “crypto desert” on the horizon.

Dan Dolev, Mizohu, price target lowered from $300 to $220

“(Coinbase is) the blue-chip way” to gain exposure to the ongoing development of the crypto ecosystem. However, in the short term, higher interest rates and the sell-off in “longer duration, high growth related assets” will negatively affect Coinbase stock.

Will Nance, Goldman Sachs, price target lowered from $352 to $288

Short term COIN stock forecast

In the short term, Coinbase is likely to struggle. However, this is far from unexpected and was in fact anticipated by some of the world’s largest financial institutions around the time of the company’s IPO.

Current macroeconomic conditions are damaging both high-growth stocks and the cryptocurrency market, with concerns surrounding inflation and subsequently higher interest rates coming to the fore. However, while the company’s short-term performance may be unimpressive, few Coinbase stock price forecasts expect it to fall too drastically.

Coinbase stock price prediction 2022

The majority of analysts expect the price of Coinbase shares to decline in 2022. While some feel they could rise to $444 towards the end of the year, this is wholly dependent on a drastic shift in current market dynamics and sentiment. Right now, the cryptocurrency bull market has been stopped in its tracks, and high-growth companies have also experienced declining valuations as fiscal conservatism becomes the priority for investors.

It is worth noting that even the lowest 12-month price prediction for Coinbase of $220 is well above its current price.

Coinbase stock price prediction 2023

By 2023, analysts are expecting Coinbase’s share price to potentially start following a more positive trajectory. With the cryptocurrency market on a more positive footing and healthier global economic conditions, Coinbase could be poised to grow above the $300 per share mark. However, this is contingent on a wide variety of factors, and 2023 could be too early for such accretive price action.

Long term COIN stock forecast

In the long term, while analysts are keen to paint a positive picture, the details are vague. The cryptocurrency market that the business is situated in is dynamic and ever-changing, with continued innovations constantly redefining boundaries. As a result, it is difficult to create any accurate long-term projection because much of the technology that Coinbase could begin working with is yet to be known, and the dynamics of present technology are sure to evolve.

However, broadly, the company should have the brand presence and institutional backing needed to reward long-term shareholders. Quite how and when this will materialise remains to be scene, though to give you a slight indication, we have outlined some further predictions below.

Coinbase price prediction 2024

By 2024 COIN stock price forecasts are at around the $400 mark. The cryptocurrency market could enter a new frenzy, with the next Bitcoin halving event set to occur. As a result, experts like Bitkub Capital CEO Jirayut Srupsiropa see 2024 to 2025 as a potential golden period for cryptocurrencies and companies dealing with them.

Coinbase price prediction 2025

By 2025, Coinbase’s long-term destiny will have become much clearer, and new areas of the company’s business model that diversify revenue streams in new, innovative ways could be key. Coinbase shares could be trading well above $400 by 2025.

Coinbase price prediction 2030

By 2030, it is anticipated by most experts that Coinbase’s transition from a DeFi startup into a major financial powerhouse that is taken extremely seriously by the market will be complete. Prices of around $1000 per share are expected to become the new norm.

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What affects the price of COIN?

Coinbase’s share price is affected by a number of key factors. Mainly these factors are on the macro level and are to do with the performance of the crypto market as a whole, rather than anything specific to Coinbase. The most important things to consider are below.

  • Cryptocurrency prices. The general theme of crypto price performance, particularly Bitcoin, is key to Coinbase’s valuation. Given that the entire business is built on making crypto assets available for purchase and sale, the better cryptocurrency prices are performing, the better the performance of COIN.
  • Trading volume. As with any stock, trading volume is integral to the performance of COIN. When there is high volume, there is usually a buzz surrounding the cryptocurrency segment and Coinbase has managed to capitalise. By contrast, when trading volume is down, there is little interest in the company at that time.
  • Short positions. Many experienced investors are cautious about private cryptocurrency projects, and as a result, Coinbase is a frequently shorted stock by financial institutions.
  • Macroeconomics. When global economic affairs are in good order, high-growth stocks like Coinbase thrive. When the opposite is true, COIN typically struggles while safe-haven assets like blue-chip stocks become more in-demand.

How has the Coinbase price changed over time?

Since going public in April 2021, Coinbase’s price has been on a downward trajectory. However, this is to be expected with a company of this nature and the unfamiliar technology has been off-putting for many established investors.

While no major price discovery appears to be on the horizon in the short term, Coinbase could end 2022 strongly as the COVID-19 pandemic draws to a close and the global economy begins to prosper.

What should I do now?

Now that you have some expert Coinbase stock price forecasts you may be ready to invest. You can sign up to a broker to get started. However, if you’d like to learn more about the process of investing in Coinbase, our guide on how to buy Coinbase shares is the best place to go. In addition, you can scroll down to discover the latest news stories surrounding Coinbase.

Latest Coinbase news

Coinbase Global Inc (NASDAQ: COIN) reported weaker-than-expected results for its fiscal first quarter on Tuesday. Shares sunk more than 15% in after-hours trading. Key takeaways from Coinbase Q1 earnings report $430 million loss was significantly worse than $388 million net income last year.Per-share loss came in at $1.98 versus…
Coinbase Global Inc (NASDAQ: COIN) is a stock destined to eventually reach for the stars, says Mark Palmer. For now, though, the stock’s a nightmare for the shareholders, down more than 65% for the year. Palmer: Coinbase stock could climb to $500 a share The BTIG…
The Coinbase (NASDAQ: COIN) stock price sell-off continued as the broader stock and cryptocurrencies sell-off continued. The stock fell to an all-time low of $84, which was about 80% below its all-time high, bringing its total market cap to about $18 billion. At its peak, the company had a…

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Charlie Hancox
Financial writer
Alongside his passion for trading, Charlie has represented Great Britain and won national championships as a water polo player, and as a budding film director, has… read more.