Goldman Sachs on Wednesday reaffirmed its Buy rating on Coinbase Global Inc. (NASDAQ:COIN) with a price target of $219.
Why Goldman Raised the Price Target
Goldman Sachs analyst James Yaro pointed to a growing pipeline of products beyond traditional spot crypto trading.
The bank identified six key growth drivers: U.S. perpetual futures, prediction markets, tokenized equities, margin lending, Base and agentic finance.
Goldman highlighted early traction across Coinbase’s "Everything Exchange," which now has four major retail trading pillars: spot crypto, derivatives, traditional equities and prediction markets.
