U.S. Bank Upgrades Coinbase Stock to 'Buy'

By: theblockbeats.news|2026/01/08 14:16:02

BlockBeats News, January 8th, Bank of America has upgraded Coinbase's rating to "Buy," citing reasons including accelerated product expansion, strategic realignment, and a more attractive current valuation. Bank of America pointed out that Coinbase's stock price has retraced by about 40% from its July peak, but the product momentum in the second half of the year is improving.

Bank of America emphasized that Coinbase is accelerating its layout in stocks, ETFs, and the prediction market; its Layer 2 network Base is seen as a key infrastructure-level growth engine; at the same time, Coinbase Tokenize is expected to become a significant catalyst for Real World Asset (RWA) tokenization. With the P/E ratio down about 40% from the mid-2024 level, Bank of America reiterated its $340 price target for Coinbase, implying about 38% upside, and believes that Coinbase is poised to maintain a long-term industry leadership position as it moves towards 2026.

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

In such a crowded cross-border payment arena, where is the next stop for the future?

Only by stepping into the mud can one have the chance to touch gold.

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In such a crowded cross-border payment arena, where is the next stop for the future?

Only by stepping into the mud can one have the chance to touch gold.