Coinbase Stock Price Surges 8%, CEO Brian Armstrong Highlights 8 Key Advantages

Varinder Singh
Varinder Singh

Varinder Singh

Independent Sr. Journalist
Expertise : Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
Read full bio
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Coinbase Stock Price Surges 8%, CEO Brian Armstrong Highlights 8 Key Advantages

Highlights

  • Coinbase stock price soars nearly 8% following buy rating from Goldman Sachs.
  • This comes as exchange expanded into stock trading, prediction markets, derivatives, and expanded banking services.
  • CEO Brian Armstrong cites advantages of COIN stock trading on Coinbase instead of traditional brokerage accounts.

Coinbase stock price surges almost 8% as Goldman Sachs upgraded COIN from neutral to buy amid a Bitcoin uptrend. This follows CEO Brian Armstrong promoting Coinbase as a unified platform offering stock trading and benefits over traditional brokerages.

Goldman Sachs Sets Coinbase Stock Price Target at $303

Goldman Sachs upgraded Coinbase stock (NASDAQ: COIN) to a ‘buy’ rating amid the crypto exchange’s growing infrastructure business and new product launches. The upgrade centers on Coinbase’s expansion beyond crypto trading.

Analyst James Yaro raised the 12-month price target from $294 to $303 per share. This reflects nearly 34% upside from recent lows of about $225.

Goldman described its outlook as “selective optimism” because of intensifying competition, rate sensitivity, and regulatory risks. However, analysts pointed to growth potential in tokenization and prediction markets.

Coinbase launched several new offerings in December, including U.S. stock trading, prediction markets, derivatives, and expanded banking services.

Coinbase now generates about 40% of revenue from services including crypto custody, staking, and subscription products. Five years ago, these services made up less than 5% of revenue.

Coinbase stock price closed 7.77% higher at $254.92 on Monday. The intraday low and high were $246.53 and $258.87, respectively. Trading volume climbed well above the 9 million average as BTC price jumped above $94,760.

Brian Armstrong Highlights Advantages Over Brokerages

Coinbase CEO Brian Armstrong recently outlined the company’s “everything exchange” vision for 2026. The plan focuses on stablecoins, expanded exchange services, and the Base layer-2 network.

In an X post on January 6, Armstrong shared key advantages of trading COIN stock on Coinbase instead of traditional brokerage accounts.

Brian Armstrong said “Buying Coinbase through Coinbase feels good” as it lets investors trade everything in one place. Other advantages include access to crypto assets, stocks, prediction markets, and perpetual futures trading.

He also highlighted that users get loans with better rates, credit cards with better rewards, and the ability to transfer money worldwide instantly for less than a cent.

Armstrong confirmed the stock trading feature is still rolling out to all users and should appear across the United States soon.

At the time of writing, Bitcoin price is trading more than 8% higher at $93,816 over the past week. Trading volume has increased further, supporting more upside amid positive sentiment.

Advertisement
coingape google news

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.