We recently published a list of the Analysts Are Bullish On These 10 Stocks For 2025, Here’s Why. In this article, we are going to take a look at where Coinbase Global, Inc. (NASDAQ:COIN) stands against the other stocks that analysts are bullish for 2025.
US stocks registered a great start to the week with the S&P 500 index registering a gain of 100 points to close at +1.76%. The Nasdaq index, which had taken a beating recently, also registered a 2.2% gain. The renewed optimism comes as analysts price in rather moderate tariffs, much more lenient than originally thought.
Wall Street analysts continuously evaluate stocks based on recent earnings, market outlook, and economic trends. When they find a stock with a potential upside, they adjust their rating accordingly. 2025 has started off with extreme volatility but analyst upgrades continue to provide investors with a reliable source to pick up their next stock for the year.
We decided to look at what stocks the analysts are looking at and why they are bullish on these stocks. We then looked at the catalysts that could trigger this upside and came up with this list. For this top 10 list, we only considered stocks with a market cap of at least $5 billion.
A shot of someone securely accepting crypto assets as payment, showcasing the company’s payment solutions.
Coinbase Global, Inc. (NASDAQ:COIN) manages a crypto trading exchange. The company’s stock was recently initiated with an Outperform rating by Gautam Chhugani. The optimism comes after US President Donald Trump openly supported the development of crypto infrastructure, calling for the US to become the crypto capital of the world.
Coinbase Global (NASDAQ:COIN) controls 66% of the crypto trading market in the US boasting approximately 10 million users. Analysts in the past have mentioned how competition could erode the company’s moat but being the first major crypto exchange to cement itself in the US, Coinbase’s dominance will likely overshadow any pressure from peers.
“COIN bears worry about rising competition and fee pressure, but they overlook the massive TAM (total addressable market) expansion from re-shoring of global crypto markets back to the U.S.”
Famed investor Cathie Wood also added to her Coinbase Global (NASDAQ:COIN) holding earlier this month, bagging 64,358 shares as the stock plunged 17% in a single day. It has been recovering slowly since, showcasing the strength of the company.
Coinbase Global (NASDAQ:COIN) is not on our latest list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 69 hedge fund portfolios held COIN at the end of the fourth quarter, which was 42 in the previous quarter.
Overall, COIN ranks first on our list of stocks that analysts are bullish for 2025. While we acknowledge the potential of COIN as a leading investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as COIN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.