Coinbase Global, Inc. (COIN)
| Market Cap | 52.31B |
| Revenue (ttm) | 3.97B |
| Net Income (ttm) | 1.35B |
| Shares Out | 245.57M |
| EPS (ttm) | 5.10 |
| PE Ratio | 41.66 |
| Forward PE | 107.08 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,158,724 |
| Open | 212.21 |
| Previous Close | 203.05 |
| Day's Range | 207.70 - 216.87 |
| 52-Week Range | 46.43 - 283.48 |
| Beta | 3.47 |
| Analysts | Buy |
| Price Target | 201.29 (-5.46%) |
| Earnings Date | May 2, 2024 |
About COIN
Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions. It also provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for COIN stock is "Buy." The 12-month stock price forecast is $201.29, which is a decrease of -5.46% from the latest price.
News
Crypto Corner: COIN, CLSK & "Mr. Wonderful"
Kevin Green details some significant technical levels to watch for Bitcoin, and recaps some moves in Coinbase (COIN) and Cleanspark (CLSK). #investing #crypto #cryptocurrency #bitcoin #bitcoinmining #...
Opinion: Here's why Coinbase should acquire Robinhood
Coinbase (NASDAQ: COIN) and Robinhood (NASDAQ: HOOD) stock prices are in a recovery mode after plunging hard between late 2021 and 2023. Robinhood's shares have surged by 129% from its lowest point in...
Crypto industry's lobbying hit a record in 2023 — and is off to a strong start in 2024
The cryptocurrency industry's spending on Washington lobbying rose to a fresh record again last year — with companies and trade associations shelling out nearly $25 million, beating 2022's total of mo...
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Digital Asset Securities Investors to Secure Counsel in Securities Class Action Against Coinbase Global, Inc., Coinbase, Inc., Coinbase Asset Management, LLC, and Brian Armstrong
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of those who purchased Digital Asset Securities (including, ...
Taking Advantage Of The Pullback In Crypto To Bet On A Couple Of Picks & Shovels Plays - Coinbase Glb (NASDAQ:COIN)
In our Exits post over the weekend, I wrote about using Chartmill's Setup Rating, a measure of technical consolidation, to time entries into post-earnings trades;
Coinbase Slips as Beat Fails to Impress After Rally
Coinbase shares slipped after a first-quarter results beat, as Mizuho noted the crypto trading platform's strong year-to-date rally, signs of a transaction revenue drop in the coming months and potent...
Block (SQ) & Coinbase (COIN) Higher After Earnings
Block (SQ) is trading higher after earnings. Diane King Hall discusses this as its adjusted EPS came in at $0.85 versus an estimated $0.62 and revenue came in at $5.96B versus an estimated $5.75B.
Coinbase Wants to Prove Crypto's Utility With Faster, Cheaper Payments
Coinbase, the largest U.S.-based cryptocurrency exchange, is ultimately a crypto story. And like all crypto stories, it has its downs — and its wild ups.
Coinbase stock outlook as Bitget chief analyst forecasts a pullback in Bitcoin
Coinbase Global Inc (NASDAQ: COIN) has done exceptionally well over the past three months but it may be as far as its shares go at least in the near term. Ryan Lee shares his view on Bitcoin The crypt...
Why Coinbase's stock is shrugging off a monster earnings beat
Coinbase Global Inc.'s profit for the latest quarter was roughly four times what analysts were expecting. Revenue beat estimates, too.
Coinbase Stock Falls. It's Up Against Darkening Bitcoin Sentiment.
Waning enthusiasm for crypto could weigh on Coinbase stock more than the business fundamentals.
Coinbase (Nasdaq: COIN) and Block Inc. (NYSE: SQ) stock prices are up, but is the crypto party over?
This morning, stock prices for cryptocurrency exchange platform company Coinbase Global Inc are up almost 9% in pre-market trading. Meanwhile, cryptocurrency-focused financial services company Block I...
Coinbase CFO Alesia Haas: Bitcoin ETFs unlocked a 'flywheel of engagement' in Q1
Alesia Haas, Coinbase CFO, joins 'Closing Bell Overtime' to talk Q1 results, the strength of bitcoin and its impact on the quarter, platform investments and more.
Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. Elevated costs have come with it.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in t...
Coinbase posts soaring profit on jump in crypto prices
Coinbase Global posted a sizable jump in profit in the first-quarter, helped by an uptick in cryptocurrency trading following the launch of the first U.S. spot bitcoin exchange-traded funds in January...
Coinbase Releases First Quarter 2024 Shareholder Letter
Remote-First-Company/AUSTIN, Texas--(BUSINESS WIRE)--Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today the release of its first quarter 2024 shareholder letter.
Coinbase reports first-quarter revenue beat after bitcoin rally leads surge in profit
Coinbase's quarterly results follow a big jump in the price of bitcoin from a year earlier, though the rally has stalled of late.
Coinbase Earnings Are Almost Here. A Bitcoin Boom Likely Bolstered Profits.
Recent euphoria around Bitcoin's acceptance by major institutions probably provided a boost to the company this year, but major threats to its business remain.
Sen. Warren challenger goes to bat for Coinbase, crypto industry in SEC lawsuit
US Senate candidate and attorney John Deaton filed an amicus brief in the Southern District of New York in support of crypto exchange Coinbase in its legal battle against the SEC
Meta, Microsoft, Salesforce, Coinbase, Palantir, and Other Tech Stocks in Focus Today
The technology-heavy Nasdaq Composite rises following its worst week since November 2022.
Coinbase Announces Date of First Quarter 2024 Financial Results
REMOTE FIRST COMPANY // MIAMI--(BUSINESS WIRE)--Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today that it will publish its first quarter 2024 shareholder letter, including financial ...
Buy The Dip On This Blockchain Stock
Blockchain leader and Bitcoin (BTC) platform Coinbase Global (COIN) has struggled to make moves to the upside this quarter, off 19% in April and 25% off its March 25 two-year high of $283.48. COIN's r...
Analyst Raises Target on Coinbase as Bitcoin Halving Looms
Bitcoin's been volatile since nearly hitting $75k last month. But, that's not stopping one analyst from raising Coinbase's price target by $90 and keeping a Buy on the crypto stock.
Bitcoin's Halving Is Close. Coinbase and Robinhood Might Not Benefit Much.
In the months after prior halvings, the oldest cryptocurrency's price has rallied significantly.
Coinbase asks to appeal part of case against US SEC
Coinbase asked two courts for permission on Friday to appeal part of its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) in an effort to more quickly obtain a ruling on whether ...