Following a disappointing earnings report for the fourth quarter, Wall Street analysts have significantly reduced their price targets for Coinbase, indicating a lack of confidence in the company's short-term performance. Despite this negative news and the reduced projections, Coinbase's shares have surprisingly rallied, suggesting that investors may still have optimism about the company's long-term potential or are reacting to other favorable market conditions.
source: https://www.coindesk.com/markets/2026/02/13/wall-street-analysts-slash-coinbase-price-targets-after-q4-miss-but-shares-still-rally