Bernstein Cuts PT on Coinbase Global (COIN), Reiterates “Outperform” Rating

Coinbase Global, Inc. (NASDAQ:COIN) earns a spot on our list of the 7 best blockchain stocks to buy right now.

Bernstein Cuts PT on Coinbase Global (COIN), Reiterates "Outperform" Rating

On March 30, 2026, Bernstein maintained its “Outperform” rating but reduced its price target on Coinbase Global, Inc. (NASDAQ:COIN) from $440 to $330. According to Bernstein, steep discounts across crypto-linked stocks are being driven by a combination of geopolitical tension and only modestly positive industry sentiment.

The investment firm noted that the cryptocurrency group still provides exposure to trillion-dollar industries with substantial long-term growth potential despite the short-term setback, adding that it expects cryptocurrency stocks to bottom around weak Q1 earnings.

This longer-term outlook comes only days after Reuters revealed on March 26, 2026, that Coinbase Global, Inc. (NASDAQ:COIN) and Better Home & Finance had teamed to allow homebuyers to use bitcoin or USDC stored in Coinbase accounts as collateral for loans covering down payments. With no margin calls in the event that collateral prices decline, the framework enables users to avoid selling cryptocurrency, which is another step toward greater practical utility for digital assets.

Coinbase Global, Inc. (NASDAQ:COIN) delivers a trusted platform that provides 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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