Coinbase dips after Needham slashes target, flags weak crypto trading volumes
NEW YORK, December 29, 2025, 10:46 ET — Regular session
- Coinbase shares slip after Needham cut its price target to $290 from $400 while keeping a Buy rating. TipRanks
- Bitcoin hovered near $87,700 as crypto-linked shares traded mixed.
- Investors are watching Fed minutes on Tuesday in a holiday-thinned week for U.S. markets. Reuters+1
Shares of Coinbase Global fell on Monday after Needham and Company lowered its price target for the cryptocurrency exchange operator, citing continued softness in crypto trading volumes. TipRanks
The call matters because Coinbase’s revenue is closely tied to customer activity, which typically cools when crypto prices lose momentum and retail trading fades. TipRanks
It also lands in a year-end stretch when…
