Analyst Ratings

CoinDesk - Unknown
Goldman Downgrades Robinhood to Sell Amid Tough Environment for Crypto Brokerages
The investment bank also sees headwinds for Coinbase and Silvergate Capital to show up in first-quarter results.
CoinDesk - Unknown

(Robert Nickelsberg/Getty Images)
Coinbase’s NFT Strategy Questioned by Mizuho Analyst
Dan Dolev is skeptical about the exchange getting into the NFT business at this time, citing a decline in NFT internet searches.
(Robert Nickelsberg/Getty Images)

A Stronghold power plant in northeastern Pennsylvania (Stronghold)
Analyst Still Positive on Stronghold Digital Despite Miss, Citing Miner’s Low Costs
The bitcoin miner’s stock tumbled more than 30% after it missed earnings estimates and said it won’t reach its 2022 hashrate goal.
A Stronghold power plant in northeastern Pennsylvania (Stronghold)

Stronghold Digital Mining CEO Greg Beard (right) and co-Chairman Bill Spence (left). 
(Stronghold Digital Mining)
DA Davidson Cuts Miner Stronghold’s Target by 40% Ahead of Earnings
The stock is still “super cheap” compared to other mining peers, analyst says.
Stronghold Digital Mining CEO Greg Beard (right) and co-Chairman Bill Spence (left). 
(Stronghold Digital Mining)

(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'