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Bought COIN at the lows in the bear, thanks to @rektdiomedes and held the entire time
My only stock allocation is another crypto company, ofc
If I recall, I think Rekt said target was $1250+ but we'll see where we go...
21.7. klo 18.37
🔸 $COIN - CANTOR FITZGERALD RAISES COINBASE PRICE TARGET TO $500 FROM $292
The firm is raising 2026 EPS estimates to $10.76 (from $8.36) due to higher transaction, stablecoin, and blockchain rewards revenue. They now apply a 46.5x PE multiple (up from 35x) reflecting Coinbase’s shift from a cyclical trading platform to critical crypto infrastructure, driven by its stablecoin initiatives and Base layer-2 network.
Coinbase’s launch of a crypto “superapp” for payments, social, and trading could further boost growth. Cantor sees more upside ahead and reiterates its Overweight rating.
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