Bernstein: Coinbase, Robinhood, and Figure's Q1 Earnings May Have Hit Bottom

AirdropBlackHole · 2026-03-30T19:55:01+00:00

Bernstein analysts suggest that cryptocurrency stocks, trading about 60% lower than their recent peaks, may have reached a bottom ahead of Q1 earnings reports for Coinbase, Robinhood, and Figure, maintaining 'outperform' ratings but reducing target prices.

AirdropBlackHole

2026-03-30 19:55:01

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On March 30, Bernstein suggested that due to the significant discount at which cryptocurrency stocks are currently trading, the Q1 earnings reports for Coinbase, Robinhood, and Figure may have hit bottom. Bernstein analysts noted that the current trading prices of cryptocurrency stocks are approximately 60% lower than recent peaks, and they may be nearing a bottom ahead of weak Q1 earnings announcements. The firm maintained its ‘outperform’ ratings for Coinbase, Robinhood, and Figure but lowered its target prices.

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