Coinbase Stock Near $188 Trades as Hold After Q2 Earnings Miss
Coinbase is rated a Hold near $188 after Q2 2026 results showed revenue fell 18.51% year over year to $1.22 billion and GAAP EPS was -$1.36 versus a -$0.23 estimate, as a crypto volume freeze cut transaction revenue. Shares have clawed back from the post-earnings low, but margin recovery and a sustained BTC or ETH breakout remain key to a rerating.