Why Coinbase Global, Inc. (COIN) stock fell 12.8% intraday on Friday, October 30, 2026

Coinbase Global, Inc. (COIN) traded at $139.96 as of 11:32 AM ET, down 12.85% on Friday, October 30, 2026, on volume of 9,080,556 shares (1.0× its 3-month average); market value about $36.90B.

COIN was among the stocks moving 5% or more in an earlier update that day; by the close it was no longer moving that much.

What happened: primary sources

Events Nexqual found for COIN on Friday, October 30, 2026 or the trading day before (October 29, 2026):

• Oct 29, 2026: Reported quarterly results (SEC 8-K) for the quarter ended Sep 30, 2026: EPS $2.51 vs consensus $0.08 (beat), on the analysts' basis (usually adjusted, not GAAP). source
• Oct 29, 2026: SEC 10-Q: Quarterly report, period ended Sep 30, 2026 source
• Oct 30, 2026: Barclays: Target lowered, Underweight, price target $149 → $120
• Oct 30, 2026: Needham: Target lowered, Buy, price target $205 → $197
• Oct 30, 2026: Mizuho: Target lowered, Neutral, price target $155 → $145
• Oct 30, 2026: Cantor Fitzgerald: Reiterated, Overweight, price target $212
• Oct 30, 2026: HC Wainwright & Co.: Reiterated, Buy, price target $240
• Oct 30, 2026: BTIG: Reiterated, Buy, price target $240

These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.

More on COIN

COIN stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Other big moves that day: October 30, 2026.

Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 4, 2026 at 11:39 UTC. Not investment advice.

Data source: Nexqual. Last updated: November 4, 2026 at 11:39 UTC. This page is informational and not investment advice.

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