Analyst Ratings

(Leon Neal/Getty Images)
Coinbase’s NFT Segment Could Add More Than $1B to Annual Revenue, Needham Says
Analyst John Todaro continues his buy rating on the stock and $360 price target, or more than double the current $176.
(Leon Neal/Getty Images)

Coinbase began preparing its systems during the bull run of 2017. (Coinbase CEO Brian Armstrong image via CoinDesk archives)
Coinbase Remains a Market Leader Despite Near-Term Headwinds, Analysts Say
The shares fell as analysts cut their price targets while saying they’re not concerned about Coinbase's business.
Coinbase began preparing its systems during the bull run of 2017. (Coinbase CEO Brian Armstrong image via CoinDesk archives)

marathon (shutterstock)
Jefferies Sees Nearly 160% Upside for Marathon Digital's Shares
The firm started coverage with a buy rating and 12-month price target of $51.
marathon (shutterstock)

Hut 8 plant
Crypto Miners Are Better Investments Than Bitcoin Even After Sell-Off: Analysts
Wall Street analysts see “compelling” opportunities in the stocks of miners as sell-off is not driven by fundamentals.
Hut 8 plant

Data Center Server Room Bitcoin Mining
Bitcoin Miner Iris Energy Has More Than 100% Upside, JPMorgan Analyst Says
The bank’s analyst initiated research on Iris Energy with a buy-equivalent rating and a 12-month price target of $30 per share.
Data Center Server Room Bitcoin Mining

Marathon Digital CEO: $1T Infrastructure Bill Impact on Miners 'Really Isn't That Severe'
Marathon Digital Sell-Off a Buying Opportunity, DA Davidson Analyst Says
The decline of the bitcoin miner’s shares because of the SEC’s subpoena and convertible debt offering is “overdone,” according to the firm.
Marathon Digital CEO: $1T Infrastructure Bill Impact on Miners 'Really Isn't That Severe'

Stronghold Digital Mining Raises $105M to Turn Waste Coal Into Bitcoin
Stronghold Digital Outperforms Peers After DA Davidson Buy Rating
The investment bank initiated its coverage of the bitcoin mining company with a 12-month price target of $42.
Stronghold Digital Mining Raises $105M to Turn Waste Coal Into Bitcoin

Silvergate Bank to Discontinue Binance USD Deposits, Withdrawals
Crypto-Focused Bank Silvergate Rallies After JPMorgan Sees Industry Adoption Growth
The analyst sees Silvergate as a way for investors to gain exposure to crypto adoption and disruption.
Silvergate Bank to Discontinue Binance USD Deposits, Withdrawals

Coinbase CEO Brian Armstrong (CoinDesk archives)
Coinbase Analysts See ‘Green Shoots’ After Weak Third-Quarter Results
The largest U.S. cryptocurrency exchange should benefit from near-term crypto strength and diversification of revenue streams.
Coinbase CEO Brian Armstrong (CoinDesk archives)

Bitcoin mining equipment
Sphere 3D Receives Buy Rating Ahead of Gryphon Digital Mining Merger
The Canadian investment bank, PI Financial, believes Gryphon Digital Mining will rank among the world’s top five global crypto miners.
Bitcoin mining equipment