Coinbase Global（硬幣）股票被捕獲

加密貨幣市場已陷入風暴中。比特幣BTCUSD，XRP（XRPUSD）和SOLANA SOLUSD都擊中了重擊

Coinbase (NASDAQ:COIN) is a cryptocurrency exchange that went public in 2021. The company is the second-largest U.S. cryptocurrency exchange, and it provides a range of services to retail and institutional clients. Coinbase also operates a decentralized exchange (DEX), which allows users to trade cryptocurrencies without going through a central intermediary.

Coinbase（NASDAQ：COIN）是一種加密貨幣交易所，於2021年公開。該公司是美國第二大加密貨幣交易所，為零售和機構客戶提供了一系列服務。 Coinbase還經營著一個分散的交易所（DEX），該交易所允許用戶在不經過中央中介機構的情況下進行加密貨幣進行交易。

Despite recent setbacks, such as the deferment of an S&P 500 Index inclusion and an SEC lawsuit, Coinbase remains a hot topic among investors. The company's stock price has taken a substantial hit, dropping 27% over the past month. However, analysts at Rosenblatt Securities remain optimistic, initiating coverage with a Buy rating and a $305 price target.

儘管最近遇到了挫折，例如延期標準普爾500指數包含和SEC訴訟，但Coinbase仍然是投資者中的熱門話題。該公司的股價遭受了巨大打擊，過去一個月下降了27％。但是，Rosenblatt Securities的分析師仍然樂觀，以買入評級和305美元的價格目標啟動承保範圍。

This level suggests a potential 61% upside from Monday's closing price of $189.37.

該級別表明，週一的收盤價為189.37美元，潛在的61％上漲空間。

"Coinbase is the clear blue chip crypto stock in our coverage universe, and we believe provides investors with the best vehicle to play the long-term growth of the crypto ecosystem," said analyst Chris Brendler.

分析師克里斯·布倫德勒（Chris Brendler）說：“ Coinbase是我們覆蓋範圍內的透明藍色芯片加密貨幣，我們相信投資者為加密生態系統的長期增長提供了最好的工具。”

As the U.S. administration shows increasing promise for crypto regulation and institutions like BlackRock (NYSE:BLK) enter the scene with Bitcoin (BTC) ETF applications, the stage is set for Coinbase to take the lead.

隨著美國政府對加密監管和諸如貝萊德（NYSE：BLK）這樣的機構的越來越多的希望，並使用比特幣（BTC）ETF應用程序進入場景，階段設定為Coinbase以領導。

While optimism towards Coinbase is evident, it's worth noting that the company is valued at 25.8 times forward earnings and 7.31 times sales, highlighting the premium assigned to its unique role in the crypto domain. As we move into 2025, Coinbase will be a critical stock to watch, especially given its massive size and the potential for strong revenue growth.

儘管對Coinbase的樂觀態度很明顯，但值得注意的是，該公司的價值是遠期收益和7.31倍的銷售額的25.8倍，強調了分配給其在加密貨幣域中獨特作用的保費。隨著我們進入2025年，Coinbase將是值得關注的關鍵股票，尤其是考慮到它的巨大規模和強勁的收入增長的潛力。

Coinbase Surpasses Q4 Estimates

Coinbase超過Q4估計值

Earlier this year, Coinbase reported its Q4 earnings, exceeding expectations with adjusted EPS of $4.68, in line with estimates, and revenue of $2.3 billion, also exceeding the projections. The company's net income for Q4 2024 came in at $1.3 billion, a stark increase from the $272 million reported in the previous quarter.

今年早些時候，Coinbase報告了其第四季度的收益，超過了預期，調整後的每股收益為4.68美元，符合估計，收入為23億美元，也超過了預測。該公司第4季度2024年第4季度的淨收入為13億美元，比上一季度報告的2.72億美元增加。

Coinbase also announced that it had cash reserves of $9.3 billion as of December 31, 2024, and an operating cash flow of $2.5 billion for the quarter. The company's upbeat view of the upcoming quarter is evident in their projections for subscription and services revenue to fall in the range of $685 million to $765 million for fiscal Q1 2025.

Coinbase還宣布，截至2024年12月31日，其現金儲備為93億美元，本季度的營業現金流量為25億美元。該公司對即將到來的季度的樂觀景觀在其訂閱和服務收入的預測中顯而易見，範圍為6.85億美元至7.65億美元，第1季度2025財年。

Coinbase: A Beacon of Opportunity Amidst the Storm

Coinbase：在風暴中的機會燈塔

In a sea of red, Coinbase (NASDAQ:COIN) stands out with a unique hue. As the top U.S. crypto exchange, Coinbase is a beacon of opportunity, offering investors a way to play the burgeoning digital asset space. Shares of Coinbase have taken a 27% hit over the past month, but with new administrative priorities bodes well for crypto and the SEC lawsuit now in the rearview mirror, we believe the recent drop in COIN stock presents an excellent buying opportunity.

在紅色的海洋中，Coinbase（Nasdaq：Coin）以獨特的色調脫穎而出。作為美國最高的加密交易所，Coinbase是機會的燈塔，為投資者提供了一種播放新興的數字資產空間的方式。 Coinbase的股票在過去一個月中遭受了27％的攻擊，但由於新的行政優先級，Crypto和後視鏡中的SEC訴訟都很好，我們相信最近的硬幣股票下跌提供了絕佳的購買機會。

As we glance at the big picture, the new administration is showing promise for quickly advancing a U.S. regulatory framework for digital assets, a scenario that would benefit Coinbase immensely. Moreover, we're witnessing a surge in institutional demand for crypto, a trend that plays directly into Coinbase's strengths.

當我們瀏覽大局時，新政府將展示有望快速推進美國數字資產的監管框架，這一場景將極大地使Coinbase受益。此外，我們目睹了對加密貨幣的機構需求激增，這一趨勢直接融入了Coinbase的優勢。

While Coinbase's stock price has dropped significantly from its peak, we remain optimistic about the long-term prospects of COIN stock. The company is well-positioned to benefit from the growing interest in cryptocurrencies, and we believe that the recent sell-off has created an attractive entry point for investors.

儘管Coinbase的股票價格從其頂峰開始顯著下跌，但我們對硬幣股票的長期前景保持樂觀。該公司的位置良好，可以從對加密貨幣的日益增長的興趣中受益，我們認為最近的拋售為投資者創造了一個有吸引力的切入點。

We are initiating coverage of Coinbase with a Buy rating and a price target of $305. At Monday's closing price of $189.37, our price objective implies a potential upside of 61%.

我們正在以買入評級和305美元的價格目標來啟動Coinbase的覆蓋範圍。在周一的189.37美元收盤價時，我們的價格目標意味著潛在的上漲空間為61％。

Coinbase is a leading cryptocurrency exchange in the U.S., offering a range of services such as trading, staking, and custodial services to both retail and institutional clients. The company is also the second-largest cryptocurrency exchange in the world, after Binance.

Coinbase是美國領先的加密貨幣交易所，為零售和機構客戶提供一系列服務，例如交易，積分和託管服務。該公司也是全球第二大加密貨幣交易所，僅次於Binance。

Despite the recent downturn in the cryptocurrency market, we believe that Coinbase is well-positioned to benefit from the long-term growth of the industry. The company is a trusted and regulated brand, and it has a strong balance sheet and a diverse revenue stream.

儘管最近在加密貨幣市場上經濟低迷，但我們認為Coinbase的位置良好，可以從該行業的長期增長中受益。該公司是一個受信任和受監管的品牌，它擁有強大的資產負債表和不同的收入來源。

In addition, Coinbase is investing heavily in new products and services, such as its decentralized exchange (DEX) and its blockchain ecosystem. These initiatives are likely to drive new revenue streams and expand Coinbase's market share in the years ahead.

此外，Coinbase正在大量投資於新產品和服務，例如其分散交易所（DEX）及其區塊鏈生態系統。這些舉措可能會推動新的收入來源，並在未來幾年擴大Coinbase的市場份額。

While Coinbase stock is certainly not without its risks, we believe that the potential rewards outweigh the risks. With its brand, balance sheet, and new products, Coinbase is uniquely positioned to capitalize on the burgeoning crypto market.

儘管Coinbase股票當然並非沒有風險，但我們認為潛在的獎勵大於風險。憑藉其品牌，資產負債表和新產品，Coinbase具有獨特的位置，可以利用新興的加密貨幣市場。

As such, we are initiating coverage of Coinbase with a

因此，我們正在使用A的覆蓋範圍