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Coinbase Global (COIN)
NASDAQ:COIN
Coinbase Global (COIN) Stock Price & Analysis
8,473 Followers
COIN Stock Chart & Stats
Day’s Range$215.03 - $227.14
52-Week Range― - ―
Previous Close$211.01
Volume8.21M
Average Volume (3M)N/A
Market Cap
$54.72B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
May 02, 2024EPS Estimate
$1.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$221.57Price Target Upside-1.90% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering23
Coinbase Global News
PremiumMarket News
Industry Titans Defend Uniswap
PremiumCompany Announcements
Kathryn Haun to Exit Coinbase Board, Membership ReducesBulls Say, Bears Say
Bulls Say
Financial PerformanceStrong spot volumes post-BTC ETF launch, particularly in alt-coins, have the potential to substantially elevate first quarter revenue forecasts, driven by high-margin retail investor participation in the thriving crypto market.
Market SentimentThe positive adjustment of Coinbase's price target by analysts signals confidence in the company's growth trajectory, bolstered by the strong performance of Ethereum and its influence on the company's earnings.
Product DevelopmentCoinbase's integration as an initial participant in BlackRock’s first tokenized fund and partnerships with stablecoin platforms demonstrate the company's commitment to innovation and expansion within the financial technology sector.
Bears Say
Company ValuationCOIN is valued at a generous premium to peers but indicates a reassessment of its value may be underway.
Long-term Company OutlookLong-term fundamental concerns remain, including potential downward pressure on retail fee rates and a heavy reliance on lower-quality & cyclical revenue streams.
Regulatory RisksSEC litigation risk remains a concern, with potential implications for the need to register as a securities exchange or delist certain tokens.
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Ownership Overview
10.50% Insiders
10.33% Mutual Funds
19.23% Other Institutional Investors
59.94% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Coinbase Global
Desktop Users
Mobile Users
COIN FAQ
What was Coinbase Global’s price range in the past 12 months?
Currently, no data Available
What is Coinbase Global’s market cap?
Currently, no data Available
When is Coinbase Global’s upcoming earnings report date?
Coinbase Global’s upcoming earnings report date is May 02, 2024 which is in 7 days.
How were Coinbase Global’s earnings last quarter?
Coinbase Global released its earnings results on Feb 15, 2024. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.022 by $1.018.
Is Coinbase Global overvalued?
According to Wall Street analysts Coinbase Global’s price is currently Overvalued.
Does Coinbase Global pay dividends?
Coinbase Global does not currently pay dividends.
What is Coinbase Global’s EPS estimate?
Coinbase Global’s EPS estimate is $1.05.
How many shares outstanding does Coinbase Global have?
Currently, no data Available
What happened to Coinbase Global’s price movement after its last earnings report?
Coinbase Global reported an EPS of $1.04 in its last earnings report, beating expectations of $0.022. Following the earnings report the stock price went up 8.837%.
Which hedge fund is a major shareholder of Coinbase Global?
Among the largest hedge funds holding Coinbase Global’s share is ARK Investment Management LLC. It holds Coinbase Global’s shares valued at 1B.
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Coinbase Global Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$221.57 (-1.90% Downside)
$221.57 (-1.90% Downside)
Blogger Sentiment
Bullish
COIN Sentiment 71%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 2.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
282.55%
12-Months-Change
Fundamentals
Return on Equity
1.62%
Trailing 12-Months
Asset Growth
130.69%
Trailing 12-Months
Company Description
Coinbase Global
Coinbase Global Inc is a provider of end-to-end financial infrastructure and technology for the crypto-economy. It generates substantially all its net revenue from transaction fees from trades that occur on its platform. Geographically, it derives a vast majority of its revenues from the US followed by the rest of the world.
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COIN Earnings Call
Q4 2024
0:00 / 0:00
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COIN Revenue Breakdown
48.89% Transaction revenue
45.26% Subscription and services revenue
5.85% Other
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COIN Stock 12 Months Forecast
Average Price Target
$221.57
▼(-1.90% Downside)
Technical Analysis
Marathon Digital Holdings
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Bit Digital
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Best Analysts Covering COIN
1 Year
1 Year Success Rate
8/12 ratings generated profit
1 Year Average Return
+67.14%
reiterated a buy rating 2 months ago
Copying Joseph Vafi's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +67.14% per trade.
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