![Extreme Heat Forces Cancellation of Philadelphia’s July 4th Parade as Heat Dome Sweeps Region]](https://i2.wp.com/static01.nyt.com/images/2026/07/04/multimedia/04america-250-tallships-topart-sub-bgcl/04america-250-tallships-topart-sub-bgcl-facebookJumbo.jpg?w=1024&resize=1024,1024&ssl=1 "Extreme Heat Forces Cancellation of Philadelphia’s July 4th Parade as Heat Dome Sweeps Region]")
The Bullish Coinbase Outlook
Leading analyst Moralis Smith projects Coinbase’s stock has over 100% upside potential, citing the company’s successful cost-cutting initiatives, resurgence in trading volumes, and expansion into broader financial services as catalysts for growth.
Key Growth Aspects
In its recent earnings report, Coinbase announced a 14% reduction in workforce and successfully decreased operational costs by $500 million annually. These measures have positioned the company to capitalize on returning trading activities. Notably, the platform’s native stablecoin USDC has set a new record at $80 billion, and experts anticipate stablecoin market sizes to grow tenfold to $3 trillion by 2030.
Sustained EPS
For six consecutive quarters, Coinbase’s adjusted EBITDA has remained positive at $303.3 million. According to Smith, Coinbase’s share price could reach $360 within a year.
Assessing Risks
Cryptocurrency’s cyclical nature is the primary threat. This quarter, the trading volumes declined by 23%, and crypto’s total market cap and trading activity have dropped over 20% this quarter. Some experts anticipate the stock price could drop to almost $290.
Future Price Projections
Smith expresses a very optimistic outlook on Coinbase, but some risk still prevails. If crypto’s rebound continues and ADRI works, Coinbase’s share price could jump to $360 by the end of the year. However, if the crypto market fluctuates after the end of the year, the share price could settle at $290.
