Cryptocurrency exchange Coinbase (COIN) is slated to report quar♒terly results after the bell on Thursday. Investors are expe🎉cting a modest response from its stock. 

Coinbase stock is foreca🐼st to move about 6.5% in either direction on Friday, according to an analysis of options prices on Thursday morning. A move of that magnitude could put the stock to a two-month high of about $217.50 or down to around $191.

Over the last four quarters, Coinbase stock has seen an average post-earnings move of more than 9%. Shares slumped 8% after reporting fourth-quarter earnings in February and 15% following its third-quarter results in October. The last 🐠time Coinbase stock rose after earnings was a year ago, when the company said first-quarter revenue jumped as investors piled into newly approved spot Bitcoin ETFs. 

Analysts are split in their assessments of Coinbase’s stock, with six of the 12 analysts tracked by Visibl♓e Alph🧔a assigning shares a “buy” rating and the other six advising that investors hold.

The average price target for the stock is $262.42, implying upside of about 33%. Price targets range from $169ও at Barclays to🌞 $400 at Canaccord and Citizens. 

Coinbase shares were up more than 5% in recent trading as the price of bitcoin approached $100,000 for the 澳洲幸运5官方开奖结果体彩网:first time since February. The stock has lost more than 15% of its value🌳 so far this year.