Coinbase Global, Inc. (NASDAQ:COIN) is one of the Oversold Fundamentally Strong Stocks to Buy Right Now. On January 6, Bernstein analyst Gautam Chhugani reduced the price target on the company’s stock to $440 from $510 while keeping an “Outperform” rating, as reported by The Fly. For 2026, the firm anticipates a tokenization supercycle. Also, the firm remains optimistic about Bitcoin, despite the unfavourable sentiments in Q4 2025. With reasonable confidence, the firm opines that Bitcoin and digital asset markets have now bottomed.
In a different update, on January 6, Rosenblatt reduced the price target on Coinbase Global, Inc. (NASDAQ:COIN)’s stock to $325 from $470, while maintaining a “Buy” rating, as reported by The Fly. The firm noted that there has been a significant deceleration in trading volumes after the healthy Q3 2025 and record performance in October. Notably, the firm’s updated model expects Q4 2025 total trading volume of ~$207 billion. This demonstrates a decline of 35% compared to its earlier estimate.
That being said, Rosenblatt expects that this slowdown has been largely discounted by Coinbase Global, Inc. (NASDAQ:COIN)’s stock. The firm expects significant upside potential from the company’s product expansion initiatives, added the analyst. Notably, it is also expected that reduced dependency on cryptocurrency trading should support significant multiple expansion, as there is scaling of new revenue streams.
Coinbase Global, Inc. (NASDAQ:COIN) operates the platform for crypto assets.
While we acknowledge the potential of COIN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now
Disclosure: None. This article is originally published at Insider Monkey.
