Baird Raises PT on Coinbase Global (COIN) to $215 Amid Crypto Price Appreciation

Coinbase Global, Inc. (NASDAQ:COIN) is one of the best blockchain infrastructure stocks according to analysts, reflecting its expanding role in global crypto trading and financial market infrastructure.

Baird Raises PT on Coinbase Global (COIN) to $215 Amid Crypto Price Appreciation

Coinbase Global, Inc. (NASDAQ:COIN) drew attention from analysts at Baird on March 17, 2026, who highlighted increased stablecoin activity and bolstered crypto sentiment. Due to these factors, the analysts significantly raised the price target on the stock from $165 to $215, while reiterating a “Neutral” rating. Furthermore, analysts say the company is benefiting from the recent crypto price appreciation and stablecoin tailwinds. However, they added that exchange trading volumes have remained weaker so far this quarter compared to Q1 2025.

Meanwhile, Coinbase Global, Inc. (NASDAQ:COIN) made an announcement on March 9, 2026, regarding regulated futures contracts, which have now been made available to users in 26 European countries through Coinbase Advanced. With this move, the company enables traders across markets to access crypto futures and equity-index futures such as the Mag7 + Crypto Equity index. Furthermore, traders can now also access perpetual-style contracts with up to 10x leverage on select products.

The step reflects Coinbase Global, Inc. (NASDAQ:COIN)’s goal to build an “everything exchange,” which is part of its plan to expand its derivatives offering beyond the U.S., while providing European investors with access to regulated trading venues.

Coinbase Global, Inc. (NASDAQ:COIN) delivers a trusted platform that is a compliant on-ramp to the onchain economy, enabling users to engage in various activities with their crypto assets across proprietary and third-party product experiences.

While we acknowledge the risk and potential of COIN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than COIN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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