{"id":21858,"date":"2026-02-11T18:42:28","date_gmt":"2026-02-11T18:42:28","guid":{"rendered":"https:\/\/bitunikey.com\/news\/coinbase-stock-at-risk-ahead-of-earnings-as-robinhoods-crypto-revenue-dip\/"},"modified":"2026-02-11T18:42:41","modified_gmt":"2026-02-11T18:42:41","slug":"coinbase-stock-at-risk-ahead-of-earnings-as-robinhoods-crypto-revenue-dip","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/coinbase-stock-at-risk-ahead-of-earnings-as-robinhoods-crypto-revenue-dip\/","title":{"rendered":"Coinbase stock at risk ahead of earnings as Robinhood\u2019s crypto revenue dip"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Coinbase stock price retreated by over 5% on Wednesday as traders and investors remained pessimistic about its business ahead of its fourth-quarter earnings report.<\/p>\n<div id=\"cn-block-summary-block_88279148dd6ec580d0bef3cef00e3900\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Coinbase share price is stuck in a bear market after falling from $445 in 2025 to $153.<\/li>\n<li>The company will publish its fourth-quarter financial results on Wednesday.<\/li>\n<li>Robinhood\u2019s crypto revenue slumped 38%, and Coinbase\u2019s figure dropped as well.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Wall Street pros are turning bearish on Coinbase<\/h2>\n<p>Coinbase, the biggest crypto exchange in the U.S., dropped to $154, down sharply from its 2025 high of $445. This crash has erased billions of dollars in value, with the valuation dropping from close to $100 billion to $41 billion.<\/p>\n<p>The stock retreated as Wall Street <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.marketbeat.com\/stocks\/NASDAQ\/COIN\/forecast\/\" target=\"_blank\" rel=\"nofollow\">analysts scaled down<\/a> their target amid the ongoing crypto market crash.<strong> <\/strong>JPMorgan reduced its target from $399 to $290, while maintaining the overweight rating. Cantor Fitzgerald also reduced the stock target to $221 from $277, while Citigroup cut from $500 to $400.\u00a0<\/p>\n<p>The most bearish analyst is Ed Engel of Compass Point, who lowered the target from $230 to $190, while maintaining a sell rating.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Coinbase stock also retreated after Robinhood\u2019s stock price plunged by over 10% after releasing its results on Tuesday. A key reason for its weak financial results was that its closely-watched crypto revenue dropped by over 38% in the fourth quarter. It has grown by triple digits in the previous quarters.<\/p>\n<p>Therefore, there is a likelihood that Coinbase will also publish weak financial results after the market closes on Wednesday. Third-party data shows that Coinbase\u2019s retail transaction volume dropped by 15% as Bitcoin (BTC) and other altcoins dropped. This is notable as the transaction revenue is the biggest part of its business.<\/p>\n<p>Wall Street analysts expect Coinbase\u2019s revenue to come in at $1.84 billion, down 78% from the same period in 2024. This decline will occur despite revenue from Deribit, a company it acquired last year. If this estimate is accurate, then its annual revenue will drop by 19.1% to $7.24 billion.<\/p>\n<p>Worse, Coinbase will likely experience another weak first quarter because of the ongoing crypto market crash, with Bitcoin moving to $67,000 today and crypto ETF outflows continue. These factors likely explain why Cathie Wood\u2019s Ark Invest has dumped the stock.<\/p>\n<h2 class=\"wp-block-heading\">Coinbase stock price technical\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">COIN stock chart\u00a0 |Source: crypto.news\u00a0<\/figcaption><\/figure>\n<p>The weekly timeframe chart shows that the COIN stock price has crashed in the past few months, dropping from the all-time high of $445 in July 2025 to the current $153.<\/p>\n<p>It has dropped below the 61.8% Fibonacci Retracement level at $190. Most importantly, the stock has dropped to key support, where it has failed to move below twice since 2024.<\/p>\n<p>Coinbase share price has also dropped below the 50-week and 100-week Exponential Moving Averages and the weak, stop &amp; reverse level of the Murrey Math Lines tool.<\/p>\n<p>A drop below the key support level at $143 will confirm the bearish outlook and point to more downside, potentially to the 78.6% retracement level at $120.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase stock price retreated by over 5% on Wednesday as traders and investors remained pessimistic about its business ahead of its fourth-quarter earnings report. Summary Coinbase share price is stuck&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=21858"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21858\/revisions"}],"predecessor-version":[{"id":21859,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21858\/revisions\/21859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1197"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=21858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=21858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=21858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}