Coinbase Stock Soars 13.52%, Hits Intraday High of $185.81

Coinbase Global, Inc. has experienced a significant surge in its stock price, gaining 13.52% on February 25, 2026. The stock reached an intraday high of USD 185.81, marking a notable performance against the backdrop of the broader market, where the S&P 500 rose by only 0.69% on the same day. Despite this daily uptick, Coinbase's performance over the past month has been less favorable, with a decline of 15.22%. Year-to-date, the stock has also faced challenges, showing a decrease of 18.66%. In contrast, the S&P 500 has managed a modest gain of 0.94% during the same period. The company's financial metrics reveal a mixed picture. While the return on equity stands at 23.65%, indicating a fair valuation, the stock has underperformed significantly over the past year, with a return of -28.64%. Additionally, the company has reported a substantial drop in net sales of 51.93%, alongside a notable increase in raw material costs. Promoter confidence appears to be waning, as evidenced by a 1.84% reduction in their stake over the previous quarter.