While Wood and at least one insider seem to be bullish on Coinbase's long-term prospects, traditional Wall Street banks remain uncertain over the company's direction. Mizuho analyst Dan Dolev recently expressed bearish sentiment during an interview with CNBC, explaining concerns about Coinbase's ability to capture and sustain additional market share, the long-term adoption of cryptocurrencies, and the company's aggressive hiring. By comparison, Oppenheimer analyst Owen Lau believes Coinbase is trading at opportune levels for long-term investors, highlighting increasing engagement from large institutions as it relates to crypto.