Coinbase Stock Surges on Rothschild Upgrade and Samsung Partnership
Coinbase's stock price surged on October 3, 2025, following a strategic upgrade by Rothschild & Co. The investment bank, led by analyst Nicholas Watts, upgraded the rating to 'buy' and raised the price target to $417. This news, coupled with a significant partnership, has boosted investor confidence in the cryptocurrency exchange.
The strategic upgrade by Rothschild & Co comes as Coinbase has diversified its business. Analyst Nicholas Watts highlighted this diversification, setting a price target of $417, reflecting the bank's positive outlook on the company's future prospects.
In a major development, Coinbase has partnered with tech giant Samsung. This collaboration will integrate Coinbase's services into 75 million U.S. Galaxy devices, allowing users to access crypto trading and payments directly from their devices. This strategic move is expected to expand Coinbase's user base and reduce its reliance on retail transaction fees.
Currently, Coinbase's revenue heavily depends on retail transaction fees. However, this dependence is projected to decrease to nearly 50% by next year, indicating a shift towards a more diversified revenue stream.
Rothschild & Co's strategic upgrade and price target increase reflect Coinbase's growing potential in the cryptocurrency market. The partnership with Samsung further strengthens Coinbase's position, opening up new avenues for growth and reducing its reliance on retail transaction fees. These developments signal a positive outlook for Coinbase's future.
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