Coinbase stock (COIN) surged about 6.5% in the last trading day—rising from roughly $300.28 to $319.85—highlighting a strong intraday high of $322.25, increased volume, and positive technical momentum . This rally comes amid mixed Q2 earnings, where GAAP profits beat expectations but adjusted metrics and revenue fell short; yet strategic partnerships (notably with JPMorgan) and optimism around pro‑crypto regulation buoyed sentiment .
Analysts maintain bullish 12‑month targets—averaging around $354 to $369, with highs up to $510—driven by institutional demand and potential crypto‑friendly policy tailwinds .