Coinbase Annual Report Imminent, Investment Bank MCH Downgrades Rating to Sell

BlockBeats News, February 12, U.S. investment bank Monness, Crespi, Hardt & Co., Inc. has double downgraded Coinbase's rating to Sell. The reason is the ongoing weakness in the cryptocurrency market, and at the same time, the revenue, EBITDA, and earnings per share expectations for Coinbase have been lowered. It is currently expected that the cryptocurrency market will remain weak in 2026 and 2027. Since the end of 2025, Coinbase has dropped by about 50%.

According to Bitget market data, Coinbase is currently down 0.2% in pre-market trading, with a stock price of $152.76 and a total market value of about $41 billion. Coinbase's fourth-quarter and full-year 2025 financial results will be released after the U.S. stock market closes today.