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Coinbase Global (COIN)
NASDAQ:COIN
Coinbase Global (COIN) Stock Price & Analysis
8,745 Followers
COIN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$46.43 - $283.48
Previous Close$226.93
Volume8.16M
Average Volume (3M)13.06M
Market Cap
$55.75B
Enterprise Value$58.73B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$2.98B
Price to Earnings (P/E)45.3
Beta3.02
Next Earnings
Aug 06, 2024EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.01
Shares Outstanding245,568,941
10 Day Avg. Volume8,834,090
30 Day Avg. Volume13,058,441
Standard Deviation0.28
R-Squared0.39
Alpha0.00353
Financial Highlights & Ratios
Price to Book (P/B)10.66
Price to Sales (P/S)14.16
Price to Cash Flow (P/CF)-2642.90
P/FCF Ratio242.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue18.65
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-471.87
Forecast
1Y Price Target
$234.10Price Target Upside9.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering24
Coinbase Global News
PremiumMarket News
SEC’s Latest Legal Bomb at Ripple
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCoinbase Global Inc. reported strong Q1 results showcasing the model’s earnings power with EBITDA surpassing the previous year's total.
Market PresenceCOIN's platform now stores ~12% of global crypto market cap, indicating significant industry presence.
Product ExpansionThe launch of COIN's layer 2 blockchain, Base, could strengthen its market leader position by enabling low-cost transactions.
Bears Say
Company PerformanceDespite stellar 1Q24 results, the 2Q outlook was mixed with expense guide exceeding forecasts, which could result in a more muted reaction in shares.
Regulatory RisksA large portion of total revenue is coming from alt-coins and staking, which are at risk due to potential regulatory scrutiny.
Stock ValuationThe recent over 30% increase in the stock price is not fully justified by the financial metrics provided.
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Ownership Overview
10.27% Insiders
10.56% Mutual Funds
23.30% Other Institutional Investors
55.86% 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?
Coinbase Global lowest stock price was $46.43 and its highest was $283.48 in the past 12 months.
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 Aug 06, 2024 which is in 90 days.
How were Coinbase Global’s earnings last quarter?
Coinbase Global released its earnings results on May 02, 2024. The company reported $4.4 earnings per share for the quarter, beating the consensus estimate of $1.152 by $3.248.
Is Coinbase Global overvalued?
According to Wall Street analysts Coinbase Global’s price is currently Undervalued.
Does Coinbase Global pay dividends?
Coinbase Global does not currently pay dividends.
What is Coinbase Global’s EPS estimate?
Coinbase Global’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Coinbase Global have?
Coinbase Global has 199,758,510 shares outstanding.
What happened to Coinbase Global’s price movement after its last earnings report?
Coinbase Global reported an EPS of $4.4 in its last earnings report, beating expectations of $1.152. Following the earnings report the stock price went up 8.93%.
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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Analyst Consensus
Moderate Buy
Average Price Target:
$234.10 (9.22% Upside)
$234.10 (9.22% Upside)
Blogger Sentiment
Bullish
COIN Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 2.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Neutral
Bullish news 57%
Bearish news 43%
Bearish news 43%
Technicals
SMA
Positive
20 days / 200 days
Momentum
289.64%
12-Months-Change
Fundamentals
Return on Equity
19.63%
Trailing 12-Months
Asset Growth
149.84%
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
Q1 2024
0:00 / 0:00
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COIN Stock 12 Month Forecast
Average Price Target
$234.10
▲(9.22% Upside)
Technical Analysis
Best Analysts Covering COIN
1 Year
1 Year Success Rate
8/13 ratings generated profit
1 Year Average Return
+69.32%
reiterated a buy rating 7 days ago
Copying Joseph Vafi's trades and holding each position for 1 Year would result in 61.54% of your transactions generating a profit, with an average return of +69.32% per trade.
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