Investment bank MCH downgrades CEX rating to Sell

GateUser-6433627c · 2026-02-12T13:25:34+00:00

American investment bank Monness, Crespi, Hardt & Co. downgraded CEX to Sell due to the ongoing weakness in the cryptocurrency market, which is expected to remain weak in 2026 and 2027. CEX has fallen approximately 50% since the end of 2025, with a current stock price of $152.76 and a market capitalization of about $41 billion.

GateUser-6433627c

2026-02-12 13:25:34

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On February 12, the U.S. investment bank Monness, Crespi, Hardt & Co., Inc. downgraded CEX’s rating from buy to sell. The reason cited is the ongoing weakness in the cryptocurrency market, with simultaneous downgrades to CEX’s revenue, EBITDA, and earnings per share forecasts. Currently, it is expected that the cryptocurrency market will remain weak in 2026 and 2027. Since the end of 2025, CEX has fallen approximately 50%. According to CEX market data, CEX is currently down 0.2% in pre-market trading, with a share price of $152.76 and a total market capitalization of about $41 billion.

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