Is Coinbase Global (COIN) One of the Best NASDAQ Stocks to Buy in 2026?

Group 1 - Coinbase Global Inc. is considered one of the best NASDAQ stocks to buy in 2026, despite a price target reduction from $400 to $290 by Needham analyst John Todaro, who maintains a Buy rating on the shares [1][2] - The company announced its acquisition of The Clearing Company to enhance its platform's expansion into prediction markets and equities trading, aiming to establish itself as an "Everything Exchange" [2][3] - The Clearing Company has applied for CFTC approval to operate as a registered clearinghouse, utilizing digital ledger technology for trade clearing and settlement with stablecoins, which is essential for the high-frequency nature of prediction markets [3] Group 2 - Coinbase operates a platform for crypto assets, providing a primary financial account for consumers, a brokerage platform for institutions, and a suite of products for developers to build on-chain [4]