摩根士丹利下调 COIN 至“减持”,预计币安遭攻击后加密交易或将进一步停滞

链捕手
Nov 02

ChainCatcher 消息,据 CNBC 报道,摩根士丹利将加密货币交易平台 Coinbase(COIN)股票评级由等权重下调至减持(underweight),并把目标价从 258 美元大幅下调至 120 美元,较上周五收盘暗示约 16% 下行空间。

分析师 Michael Cyprys 在周一客户报告中表示,公司仍在推进更广战略,但近期交易趋势走弱、前瞻收入展望偏软,以及加密市场前景不确定,令“盈利修复”叙事更难成立。

Cyprys 指出,Coinbase 10 月加密交易已转弱,截至 10 月 25 日的四季度交易收入约 1.65 亿美元,按此节奏全年约 6.07 亿美元,较市场共识约 6.85 亿美元低约 11%。

过去一个月 COIN 股价累计跌约 22%。上周竞争对手币安遭遇约 60 亿美元规模黑客事件后,加密交易或进一步停滞,进而拖累 Coinbase 盈利与股价。

摩根士丹利已将 Coinbase 2027 年收入预测下调 28%,调整后 EBITDA 预测下调 47%。该评级与华尔街主流观点相左:LSEG 数据显示,覆盖 Coinbase 的 41 位分析师中,26 人给出买入或强烈买入,13 人持有。

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