Coinbase price target lowered to $310 from $350 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Coinbase (COIN) to $310 from $350 and keeps a Buy rating on the shares. Despite weaker-than-expected Q1 results and softer near-term guidance, management continues to execute effectively against strategic priorities through product expansion, market share gains, stablecoin leadership, and tighter expense discipline, positioning Coinbase for potentially stronger performance in 2H26 as crypto prices, volumes, and regulatory clarity improve, the analyst tells investors in a research note.