Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
6.56B | 3.11B | 3.19B | 7.84B | 1.28B | Gross Profit |
5.67B | 2.69B | 2.56B | 6.57B | 1.14B | EBIT |
2.31B | -161.66M | -2.67B | 3.08B | 408.95M | EBITDA |
3.12B | 25.21M | -2.82B | 3.14B | 464.93M | Net Income Common Stockholders |
2.58B | 94.87M | -2.62B | 3.62B | 322.32M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
9.82B | 10.29B | 5.29B | 7.22B | 1.11B | Total Assets |
22.54B | 206.98B | 89.72B | 21.27B | 5.86B | Total Debt |
4.53B | 3.06B | 3.49B | 3.49B | 107.78M | Net Debt |
-4.22B | -2.08B | -935.28M | -3.63B | -954.07M | Total Liabilities |
12.27B | 200.70B | 84.27B | 14.89B | 4.33B | Stockholders Equity |
10.28B | 6.28B | 5.45B | 6.38B | 1.53B |
Cash Flow | Free Cash Flow | |||
2.56B | 859.75M | -1.65B | 10.64B | 2.99B | Operating Cash Flow |
2.56B | 922.95M | -1.59B | 10.73B | 3.00B | Investing Cash Flow |
-282.38M | 5.39M | -663.82M | -1.12B | 50.82M | Financing Cash Flow |
2.83B | -811.33M | -5.84B | 3.28B | 18.80M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
74 Outperform | $67.87B | 49.93 | 15.83% | ― | 48.30% | 5.09% | |
73 Outperform | $4.60B | ― | -63.52% | ― | 30.08% | -196.62% | |
67 Neutral | $20.74B | 908.93 | 0.38% | ― | 17.24% | ― | |
65 Neutral | $1.39B | ― | -36.95% | ― | 17.79% | 16.49% | |
64 Neutral | $12.82B | 9.83 | 7.68% | 17000.34% | 12.38% | -5.56% | |
62 Neutral | $3.27B | 24.36 | -14.71% | ― | 59.99% | -283.24% | |
55 Neutral | $109.31B | ― | -29.68% | ― | -6.19% | -3736.55% |
On May 8, 2025, Coinbase Global, Inc. entered into a Share Purchase Agreement to acquire all outstanding shares of Deribit, a Netherlands-based company, for $700 million in cash and nearly 11 million shares of Coinbase’s Class A common stock. This acquisition, pending regulatory approvals and other conditions, aims to strengthen Coinbase’s market position and expand its offerings in the cryptocurrency space, with significant implications for stakeholders, including a lock-up arrangement for certain Deribit shareholders and a potential $100 million termination fee if regulatory approvals are not obtained by November 8, 2025.
Spark’s Take on COIN Stock
According to Spark, TipRanks’ AI Analyst, COIN is a Outperform.
Coinbase Global shows strong financial performance with significant revenue growth and profitability improvements. The technical indicators show mixed signals, warranting caution. Valuation is reasonable, but the lack of a dividend might deter some investors. The earnings call highlighted positive future prospects, although concerns about declining stablecoin revenue and rising expenses should be monitored.
To see Spark’s full report on COIN stock, click here.
Coinbase Global faced legal action from the SEC beginning in June 2023, with allegations of operating an unregistered securities exchange and offering unregistered securities. On February 21, 2025, Coinbase announced an agreement in principle with the SEC to dismiss the litigation, pending approval from the SEC’s Commissioners, marking a significant development in its ongoing legal challenges.