Calls
1
Ken Worthington
Analyst, JP Morgan
Win Rate
100.0%
return
+4.8%
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Ticker
Side
Mentions
First Call
Call Price
P&L
Thesis
Theme
Source
Long
Feb 11
$153.20
+4.8%
JP Morgan cut the price target to $290 from $339 citing "softer trading and crypto prices," yet the analyst "remains bullish on the stock" noting the target still implies "75% upside" from the current price of $163. The stock is down nearly 30% year-to-date, pricing in the revenue weakness. The analyst suggests the sell-off is excessive relative to the fundamental value. This creates a mean-reversion opportunity where the bad news is priced in, but the long-term infrastructure value is discounted. Long COIN to capture the discrepancy between the depressed market price ($163) and the analyst's fundamental valuation ($290). Continued decline in retail crypto trading volumes or regulatory enforcement actions.
JP Morgan cut the price target to $290 from $339 citing "softer trading and crypto prices," yet the analyst "remains bullish on the stock" noting the target still implies "75% upside" from the current price of $163. The stock is down nearly 30% year-to-date, pricing in the revenue weakness. The analyst suggests the sell-off is excessive relative to the fundamental value. This creates a mean-reversion opportunity where the bad news is priced in, but the long-term infrastructure value is discounted. Long COIN to capture the discrepancy between the depressed market price ($163) and the analyst's fundamental valuation ($290). Continued decline in retail crypto trading volumes or regulatory enforcement actions.
Crypto Infrastructure
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Ken Worthington has 1 trade ideas tracked on Buzzberg across 1 tickers since February 2026. Most covered: COIN.
