Quick Read

• COIN earns a BUY rating with a $272 price target, implying 65% upside from $165 with 90% model confidence.

• Subscription and services now account for 44% of Coinbase’s revenue, cushioning trading swings far better than the 2022 crypto cycle.

• Even the bear-case scenario lands at $228, above today’s price, while the bull case reaches $406 on stablecoin and derivatives growth.

• Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Coinbase didn’t make the cut. Grab the names FREE today.

Few large-cap stocks have performed quite like Coinbase (NASDAQ:COIN) over the past 12 months. After peaking near $444.64 in the prior bull run, shares have…