According to CoinMeta, Coinbase stock approached $164 during trading on July 29, with investors weighing the weak revenue expectations for Q2 against the target price of $Rosenblatt240. The stock price of Coinbase ($COIN) closed at $164.43 that day, a decrease of 2.07% from the previous trading day. The company will release its second-quarter financial report after the market closes on July 30, with estimated revenue of about $1.31 billion, which is a 12.8% decline from $1.5 billion in the second quarter of 2025. Rosenblatt maintains a buy rating on Coinbase, with a target price of $240, and expects new products such as derivatives to become an important source of revenue. JPMorgan takes a more cautious attitude towards Coinbase, recently lowering its target price from $283 to $196.