Cryptocurrency exchange Coinbase (COIN) experienced an unexpected service disruption on Wednesday, just hours before the company is scheduled to report its fourth‑quarter 2025 earnings.
The outage left users temporarily unable to buy, sell, or transfer digital assets on the platform, triggering concern among customers and adding pressure to the company’s stock.
Platform Disruption Hits CoinbaseCoinbase shares (COIN) fell sharply during Wednesday’s trading session. As of this writing, the stock is trading at $140, marking an 8% decline over the past several hours. The drop comes as analysts prepare for what many expect to be a challenging fourth‑quarter report.
Analyst Gus Gala described earlier expectations of a steady recovery through 2026 as “foolish,” citing the historical depth and duration of crypto bear markets.
Monness Crespi now anticipates continued weakness through the first half of the year and has revised its 2026 and 2027 projections to levels below Wall Street consensus estimates. Gala also set a $120 price target for the stock, suggesting that more attractive entry points may emerge later.
Featured image from OpenArt, chart from TradingView.com
