-
Goldman Sachs (NYSE: GS), the American investment banking giant, thinks the cryptocurrency prices may have bottomed after months of declines, CNBC reported on March 26.
Since the October 2025 crash, crypto-linked stocks have demonstrated “volatile but flattish performance" in the past few weeks, and the crypto price drop “has approximately reached the historical peak to trough average” for this cycle, Goldman analyst James Yaro wrote in a note.
Yaro said the valuation of crypto companies is becoming "more attractive," especially for those less exposed directly to crypto prices.
The Wall Street giant, founded in 1869, picked three stock opportunities in the crypto sector.
Robinhood Markets
Robinhood Markets (Nasdaq: HOOD) is an e-trading platform that is known for its stock, crypto, and tokenized stock offerings.
Founded by Vladimir Tenev and Baiju Bhatt in 2013, the platform's zero-commission stock trading has made it very popular among young retail traders. The company, which went public in 2021, joined the S&P 500 benchmark in September last year.
On March 24, the company's board of directors approved a new $1.5 billion share repurchase program.
Yaro highlighted that Robinhood, initially a digital stock brokerage, has a substantial business for crypto traders and is now targeting more advanced traders with new features. It's also expanding its product suite to banking and other financial services, he added.
Though the analyst lowered the price target on the Robinhood stock by 10% from $102 to $91, he maintained a "Buy" rating on the shares.
The HOOD stock was trading 3% lower at $70.21 at press time.
So, Yaro's price target represents an upside of 30% from the current level.
Coinbase Global
Founded by Brian Armstrong and Fred Ehrsam in 2012, Coinbase Global (Nasdaq: COIN) is the world's crypto trading exchange.
The exchange went public in 2021 and joined the S&P 500 benchmark in May last year.
Yaro said the company has an attractive growth opportunity in crypto derivatives trading, subscription and services business, including stablecoins and prime brokerage, and new products such as prediction markets, equities trading, banking, and wealth.
The analyst cut the price target on the Coinbase stock by 13% from $270 to $235, while reiterating a "Buy" rating on the shares.
The COIN stock was trading 4% lower at $173.15 at press time.
The analyst's price target represents an upside of 35% from the current level.
Figure Technology Solutions
Founded in 2018, Figure Technology Solutions (Nasdaq: FIGR) is a fintech company that develops and operates blockchain-based platforms used in lending, capital markets, and asset management, such as home equity lines of credits (HELOCs).
Yaro said the company is outperforming expectations and has clear drivers for continued expansion. While maintaining a Buy rating on the Figure Technologies stock, he raised the price target by 7% from $39 to $42.
The FIGR stock was trading 3% higher at $32.26 at press time.
Yaro's target represents an upside of 30% from the current stock price level.
This article has been published in TheStreet.com via Yahoo News.
Goldman Sachs picks 3 ‘attractive’ stocks
Goldman Sachs (NYSE: GS), the American investment banking giant, thinks the cryptocurrency prices may have bottomed after months of declines, CNBC reported on March 26. Since the October 2025 crash, crypto-linked stocks have demonstrated “volatile but flattish performance" in the past few ...
finance.yahoo.com
