Core Insights - Coinbase Global Inc. is currently viewed as one of the most profitable large-cap stocks to consider for investment [1] - Goldman Sachs has reduced its price target for Coinbase from $368 to $314, maintaining a Neutral rating due to a collective decline of approximately 15% in crypto-related stocks since mid-October [1][2] - Despite near-term pressures, Goldman Sachs holds a positive long-term outlook for the crypto sector, citing factors such as product innovation, large addressable markets, increasing regulatory momentum, and sustained inorganic growth [2] Financial Performance - In its Q3 2025 earnings release, Coinbase reported a net income of $432.6 million, or $1.50 per share, significantly higher than the $75.5 million, or 28 cents per share, reported in the same quarter the previous year [3] - Total revenue for the quarter reached $1.87 billion, surpassing the prior year's $1.21 billion and exceeding analyst expectations of $1.8 billion, driven primarily by a resurgence in crypto trading [3] Market Context - The decline in crypto-related stocks is expected to persist until market stability is restored, according to Goldman Sachs [2] - While Coinbase is recognized for its potential, there are suggestions that certain AI stocks may offer greater upside potential with less downside risk [4]