Bernstein

Bernstein

Markets

Bernstein Sees 75% Upside for Ether Treasury Firm SharpLink, Initiates at Outperform

The Wall Street broker said SharpLink is a compliant, institutional gateway to Ethereum, and gave the stock a $24 price target, offering 75% potential upside.

Ethereum Logo

Markets

Circle Can Withstand Rate Cuts as Stablecoin Demand Grows: Bernstein

The broker said lower interest rates could squeeze Circle’s revenue, but rising USDC adoption and operating leverage should keep profits on track.

(Sandali Handagama/ CoinDesk)

Markets

Bitcoin Miners Emerge as Key AI Infrastructure Partners Amid Power Crunch: Bernstein

Miners’ secured grid capacity and high-density sites offer hyperscalers a faster, cheaper path to expand AI data centers as interconnection delays mount.

Racks of mining machines.

Markets

Figure Is a Blockchain Pioneer in Credit Markets, Says Bernstein, Initiating at Outperform

The broker's $54 price target suggests 35% upside from Friday's $40 close.

Stylized network of light focii covering Earth (geralt/Pixabay)

Markets

Bitcoin Miner IREN Has 80% Potential Upside Thanks to Big Bet on AI Cloud: Bernstein

The broker hiked its IREN price target to $75 from $20 while reiterating its outperform rating on the stock.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

Circle's USDC Market Share 'On a Tear,' Says Wall Street Broker Bernstein

USDC supply has surged to $72.5 billion, 25% ahead of Bernstein’s 2025 estimates.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Markets

Wall Street Sees U.S. Entry as Catalyst for Bullish’s Next Leg Up

The crypto exchange received two buys, one market-perform, and one neutral rating from Wall Street analysts.

Crypto exchange Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Markets

Crypto Bull Market Could Run Till 2027, With Major Upside for HOOD, COIN, CRCL: Bernstein

Bernstein reiterated its outperform rating on Robinhood and lifted its price target on the stock to $160 from $105.

Crypto market breadth improves. (ArtTower/Pixabay)

Markets

Coinbase Is Becoming a Major Ethereum-Focused Player, Bernstein Says

The broker has an outperform rating on Coinbase shares with a $510 price target.

Coinbase app on a mobile phone screen.