Walter BloombergCrypto

$COIN - COINBASE FACES Q2 REVENUE MISS Baird expects Coinbase to miss second-quarter revenue estimates by about 8%, citing weaker crypto tr…

$COIN - COINBASE FACES Q2 REVENUE MISS Baird expects Coinbase to miss second-quarter revenue estimates by about 8%, citing weaker crypto trading volumes and prices. The broker kept its Neutral rating and $142 price target, warning that lower trading activity could weigh on results. Baird also sees Wall Street's 2027 earnings forecasts as too optimistic.
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