羅森布拉特分析師克里斯·布倫德勒（Chris Brendler）以買入維持Coinbase Global Inc Coin，並將目標目標從260美元提高到300美元

在過去的一周中，Coinbase股票在過去一周中增長了30％，而比特幣的股票股票則為6％，在500年5月19日加入該公司後，標準普爾500指數中的股票股價為5％。

Rosenblatt analyst Chris Brendler maintained Coinbase Global Inc (NASDAQ:COIN) with a Buy and raised the price target from $260 to $300.

羅森布拉特分析師克里斯·布倫德勒（Chris Brendler）以買入維持Coinbase Global Inc（NASDAQ：COIN），並將目標目標從260美元提高到300美元。

Coinbase shares are up 30% over the past week versus a 6% move in Bitcoin and 5% in the S&P 500 Index after the news was announced about the company joining on May 19.

在過去的一周中，Coinbase股票在過去一周中增長了30％，而比特幣的股票股票則為6％，在500年5月19日加入該公司後，標準普爾500指數中的股票股價為5％。

Although first-quarter earnings were solid given market conditions, the catalysts for the move are much more about the addition to the S&P 500 as the stock was up 24% Monday in the wake of the announcement after the market close on Tuesday.

儘管鑑於市場條件，但第一季度的收入是可靠的，但此舉的催化劑更多地是關於標準普爾500指數的增加，因為周二宣布這一消息後，該股票上漲了24％。

“While it’s not uncommon to see stocks rise on this type of news, I’d argue the outsized move in Coinbase is warranted,” said Brendler.

布倫德勒說：“雖然看到這種新聞上漲的股票並不少見，但我認為有必要在Coinbase中進行大規模的舉動。”

Coinbase will be the first pure-play crypto stock in the S&P 500. More importantly, as the analyst previously highlighted, Coinbase institutional ownership remains relatively low for a company of its size, scale and market position.

Coinbase將是標準普爾500標準普爾500中的第一批純加密股票。更重要的是，正如分析師先前強調的那樣，Coinbase機構所有權對於其規模，規模和市場地位的公司而言仍然相對較低。

With the S&P changes taking effect next week and a compelling outlook, Brendler expects institutional ownership to increase significantly.

下週的標準普爾變更生效，並具有令人信服的前景，布倫德勒（Brendler）預計機構所有權將大大增加。

The other key catalyst for Coinbase’s recent outperformance is likely last week’s announcement of the acquisition of Deribit, the global leader in crypto options trading (75% market share, $30 billion in open interest).

Coinbase最近表現的另一個主要催化劑可能是上周宣布收購Crypto期權交易全球領導者Deribit（75％的市場份額，300億美元的開放利息）。

On Tuesday, the analyst had the opportunity to discuss the deal with Greg Tusar, Coinbase’s VP of Institutional Product, who led this M&A initiative.

週二，分析師有機會與Coinbase的機構產品副總裁Greg Tusar討論了這筆交易，後者領導了這項併購計劃。

Brendler highlighted the foundation for this acquisition was a strong cultural fit, Deribit’s $1 trillion+ in trading volumes are 70%-80% institutional, and the crypto options market does not yet exist in the US. Coinbase will be working closely with regulators to bring this business to the US, and the analyst expects to see progress in 2026.

布倫德勒（Brendler）強調了這次收購的基礎是一種強大的文化契合度，Deribit的1萬億美元交易量+的機構為70％-80％，而在美國，加密貨幣期權市場尚不存在。 Coinbase將與監管機構緊密合作，將該業務帶到美國，分析師希望在2026年取得進展。

Despite the outsized move over the last week, Brendler is still bullish, as Coinbase remains one of his favorite ideas. The macro backdrop has improved, trading volumes are rebounding and there’s still lots of upside potential from regulatory clarity.

儘管上周有超大的舉動，但布倫德勒仍然是看好的，因為Coinbase仍然是他最喜歡的想法之一。宏觀背景有所改善，交易量是反彈的，監管清晰度仍然具有很大的上升潛力。

Coinbase stock is up 0.82% to $259.01 at publication Wednesday.

週三出版時，Coinbase股票上漲0.82％，至259.01美元。