Coinbase was named one of Clear Street’s top three fintech stock picks for 2026, alongside Nasdaq and S&P Global, according to analyst Owen Lau. Lau reiterated a Buy rating on the crypto exchange with a $415 price target and cited its central role in the evolution of blockchain-based financial infrastructure.
The analyst highlighted Coinbase’s growing diversification beyond spot trading, pointing to recurring revenue from subscriptions, stablecoin activity, and on-chain services. USDC remains a key contributor, with Coinbase receiving roughly half of Circle’s stablecoin revenue, while still trading at a relative valuation discount. Expansion into tokenization, payments, derivatives, and AI-driven financial tools further supports a more resilient business model.
Lau described 2026 as a transition year for crypto equities, as investor focus shifts from trading volumes to adoption and regulatory clarity. He noted that Coinbase’s balance sheet strength, global footprint, and broad product pipeline position it well for this shift.
