Coinbase Up 300% In A Year, But Faces Bearish Technicals Ahead Of Q1 Earnings
Coinbase (COIN) reports Q1 earnings on Thursday, with expected EPS of $50 and $1 billion in revenues. Stock has gained over 300% in past year, lagging behind Bitcoin's 103% rise. Technical indicators suggest bearish trend, but analysts see potential 34% upside with average price target of $275.