ក្រុមហ៊ុន Goldman Sachs ទម្លាក់ចំណាត់ថ្នាក់ភាគហ៊ុន Coinbase ដើម្បីលក់

The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company headquartered in New York has downgraded Coinbase stock (NASDAQ: កាក់) from a buy to a sell.

The Coinbase stock has plunged by more than 5 to trade at $59.36 in the pre-market trading on Monday and when the markets opened it slid further before surging to where it had closed on Friday ($62.71).

តើអ្នកកំពុងស្វែងរកព័ត៌មានរហ័សព័ត៌មានជំនួយក្តៅនិងការវិភាគទីផ្សារមែនទេ?

ចុះឈ្មោះសម្រាប់ព្រឹត្តិប័ត្រ Invezz ថ្ងៃនេះ។

Goldman Sachs downgraded COIN stock despite the fact that the stock registered a 9% rise over the past week.

The revised price target

Goldman Sachs downgraded the Coinbase stock from its previous price target of $70 to a price target of $45. The main reason for the bank to revise the price target downwards was due to weeks of turbulence within the crypto market that has negatively affected the crypto exchange.

According to a note issued by the bank, the bank expects the dropping crypto prices and the dropping trading volumes to cause a further drop in Coinbase’s revenue. Analysts are also forecasting that the exchange shall register a “breakeven to negative adjusted earnings” before taxes, interest, depreciation, and amortization.

Goldman’s downgrading comes just four days after Moody's បានបន្ទាបកំណត់ចំណាំដែលមិនមានសុវត្ថិភាពជាន់ខ្ពស់របស់ Coinbase. Moody’s has downgraded Coinbase’s Corporate Family Rating (CFR) from a Ba2 to a Ba3 and also downgraded its senior unsecured notes to from Ba1 to Ba2.

According to Goldman Sachs analysts:

"ជាចុងក្រោយ យើងកាន់តែមានការធ្លាក់ចុះកាន់តែខ្លាំងលើបរិយាកាសប្រកួតប្រជែង និងទស្សនវិស័យសម្រាប់ការបង្រួមអត្រាថ្លៃសេវាដែលបានប្រកាសពីការបញ្ចូលគ្នានៃវេទិកា Coinbase និង Coinbase Pro ដែលមានសក្តានុពលក្នុងការកាត់បន្ថយការចំណាយលើការប្តូរ និងធ្វើឱ្យតម្លៃទាបកាន់តែងាយស្រួលសម្រាប់អ្នកប្រើប្រាស់។ ”

Additionally, Goldman’s downgrading comes two weeks after Coinbase laid off 18% (approx. 1,100 workers). The layoff was made in anticipation of tougher ties ahead.