Coinbase Price Target Soars: Cantor Fitzgerald’s Astounding $500 Prediction Unveiled

Key Points

1. Cantor Fitzgerald increased its Coinbase price target from $292 to $500 and raised its 2026 EPS estimate to $10.76, signaling strong financial expectations.

2. The upgrade reaffirms Cantor Fitzgerald’s 'Overweight' rating on COIN, indicating anticipated outperformance in the market.

3. Coinbase is expanding beyond being just an exchange, aiming to become a crypto 'superapp' offering trading, staking, DeFi, payments, and Web3 services.

4. The shift to a 'superapp' model could enhance user convenience, attract more users, and drive significant growth for Coinbase.

5. The $500 price target reflects optimism about Coinbase's revenue growth, strategic vision, and adaptability to regulatory changes, though it remains an analyst projection, not a guarantee.