Stocks & Indices Unverified First seen 2026-10-26 16:36 UTC

Bernstein cuts Coinbase target, raises Circle's on crypto stock outlook

Bernstein adjusted its price targets for crypto-related stocks, cutting Coinbase's target while raising Circle's, according to The Block. The report attributes the shift to new products, including prediction markets and derivatives, changing the companies' earnings outlook.

Why “Unverified”

Reported by The Block alone, with no second source or primary confirmation yet

1 independent source group across 1 post · evidence score 60/100. How labels work

Market around the story

COIN Still being measured. The price reaction is recorded once the market has traded for six hours after the first report.

What the sources claim

Bernstein cut its price target on Coinbase. COIN

“Bernstein cuts Coinbase’s target”
The Block
Bernstein raised its price target on Circle.

“while raising Circle’s”
The Block
New products are shifting the earnings outlook for these companies.

“as new products shift their earnings outlook”
The Block

Sources

The Block newswire 2026-10-26 16:36 UTC
Prediction markets and derivatives drive Bernstein’s crypto stock outlook for Coinbase, Robinhood and Circle

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-26 16:40 UTC. Labels are computed from the sources, not by the model.