Cantor Fitzgerald raises Coinbase price target to $292

Analysts at American financial services firm Cantor Fitzgerald have increased their 12-month price forecast for Coinbase shares from $253 to $292, The Block reported. They see the company's continued progress in its trading operations as a driver of increased market share, while its initiatives beyond trading are expected to gradually change how investors view the business. While the crypto exchange's new products are unlikely to generate significant returns this year, the analysts anticipate a meaningful shift in investor sentiment starting in the second half of 2026 and continuing into 2027.