Coinbase stock slips after-hours as Needham cuts target on weak crypto volumes
NEW YORK, December 29, 2025, 5:36 PM ET — After-hours
- Coinbase shares fell about 1.3% in late trading as an analyst warned of softer crypto volumes.
- Needham cut its price target to $290 from $400 while keeping a buy rating.
- Bitcoin hovered near $87,000 as traders looked ahead to Fed minutes and jobless claims.
Coinbase Global shares fell about 1.3% to $233.77 in late after-hours trading on Monday after Needham cut its price target on the crypto exchange to $290 from $400. “Retail volumes typically remain muted until momentum returns,” Needham analyst John Todaro wrote. TipRanks
The call matters because Coinbase’s results are closely tied to how actively customers trade crypto. The company runs a platform for retail and institutional…
