William Blair slashed Coinbase EBITDA estimates by 34% but kept its Outperform rating, betting the crypto trading slump is near its bottom ahead of a 2027

William Blair slashed Coinbase EBITDA estimates by 34% but kept its Outperform rating, betting the crypto trading slump is near its bottom ahead of a 2027

William Blair expects Coinbase's earnings to bottom in the second half of 2026 before rebounding next year.

William Blair slashed Coinbase 2026 revenue estimates by 12% and EBITDA forecasts by 34% due to weak trading volumes, but maintained its Outperform rating.

William Blair slashed earnings estimates by 34% and held its outperform call on Coinbase. But analysts think Bitcoin could soon recover.