Coinbase Stock Drops 15% After Q2, But Bernstein Sees Major H2 Crypto Comeback Ahead

Coinbase shares fell over 15% following its Q2 earnings, but research firm Bernstein insists the downturn is largely inconsequential. Labeling it the “quarter that doesn’t matter,” Bernstein emphasized the sharp July rebound in transaction activity — up 44% from the Q2 average — as a stronger indicator of what’s ahead.

BYD’s 6-for-1 Stock Split: Boosting Liquidity & Investor Access in 2025

Figma’s IPO Set for July 31: Oversubscribed Launch Targets $18.8B Valuation on NYSE

Investors Pivot to Value Stocks Amid Meme Mania and Bubble Warnings

Why Western Powers Target African Leaders Like Traoré & Gaddafi for Economic Independence?

The firm maintained its $510 price target and “outperform” rating, citing multiple long-term growth drivers. These include broader token listings, deeper stablecoin integration, expanding derivatives and tokenized assets offerings, and partnerships with JPMorgan, Webull, and Revolut. Bernstein sees Coinbase evolving into the “AWS of crypto financial infrastructure,” and expects renewed market interest in Ethereum, Solana, and other tokenized financial assets to drive H2 momentum.

40

SHARES

Share on Facebook

Post on X

Follow us