Goldman Sachs: Crypto Market Cap Up 34% in Q3, Brokerage and Crypto Stock Target Prices Raised
Source:
www.techflowpost.com
According to Chaoshang Research, Goldman Sachs' September 8, 2026 research report states that the crypto market cap has risen 34% since the start of Q3, with the average Q3 2026E revenue for the coverage group revised up by 10% and the median 2026 EPS revised up by 1%. The median target P/E multiple rose from 29.5x to 32.5x. Target prices for individual stocks were broadly raised: COIN from $196 to $219 (+12%), CRCL from $81 to $92 (+14%), ETOR from $32 to $36 (+13%), GLXY from $25 to $28 (+12%), BTGO from $6.50 to $7.25 (+12%), and GEMI from $3.50 to $4.00 (+14%).