Quarterly Earnings

Quarterly Earnings

Mercados

Wall Street analysts cut Coinbase price targets following Q4 earnings miss

JPMorgan said weak crypto markets pressured fourth-quarter results, but backs Coinbase’s strategy of investing through the cycle and returning capital via buybacks.

Coinbase app on a mobile phone screen (appshunter.io/Unsplash/Modified by CoinDesk)

Mercados

Analysts react as Robinhood slumps 10%, with slowdown in crypto trading weighing on results

JPMorgan and Compass Point were among the sell-side teams trimming price targets on HOOD.

Robinhood logo on a smartphone screen

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Here's what Wall Street analysts are saying after IREN's earnings miss

The weaker results were tempered by continued progress in the bitcoin miner’s shift toward AI infrastructure.

Bitcoin miners (Shutterstock)

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Circle’s USDC Keeps Climbing; William Blair Reiterates Outperform After 3Q Results

The bank said USDC remains the frontrunner to dominate digital dollars as the company's third-quarter results topped forecasts.

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

Finanzas

EToro Third-Quarter Results Top Estimates on Crypto Trading Strength, KBW Says

The trading platform’s adjusted Ebitda beat expectations as higher crypto trading and net interest income offset weaker equities and commodities results.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)

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Bullish Shares Jump as Citi, Canaccord Praise IPO Debut and BitLicense Win

Wall Street analysts see upside in Bullish’s early execution, citing accelerating SS&O growth, regulatory progress and options trading on the horizon.

Crypto exchange Bullish goes public on the New York Stock Exchange. (Aoyon Ashraf/Modified by CoinDesk))

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Galaxy Digital Slips 8% Post-Earnings as Investors Take Profits Following Big Run Higher

Helmed by CEO Mike Novogratz, the firm secured the entire 800MW of HPC capacity at Helios after CoreWeave exercised its final option.

Mike Novogratz, Galaxy founder and CEO, speaks at Consensus 2024

Mercados

Bitcoin Treasury Firm Semler Scientific Still Has 3X Upside: Benchmark

Investors are giving no credit for the company's deliberate approach to adding additional bitcoin, said analyst Mark Palmer.

Trading screens (TheDigitalArtist/Pixabay)

Finanzas

Crypto Exchange Kraken's Earnings Fell 6.8% Year-Over-Year to $79.7M in Q2

The exchange highlighted market turbulence related to the imposing of steeper tariffs by President Trump on trade with the U.S.

Arjun Sethi, co-founder of Tribe Capital (Tribe Capital)

Mercados

Coinbase Posts $2.27B in Q4 Revenue, Blowing Through $1.84B Estimate

The crypto exchange benefited from a major bull move in crypto during the fourth quarter surrounding Trump's election victory.

Coinbase (appshunter.io/Unsplash)