Coinbase Global, Inc. (COIN)
NASDAQ: COIN · Real-Time Price · USD
295.23
-24.78 (-7.74%)
At close: Nov 21, 2024, 4:00 PM
299.99
+4.76 (1.61%)
Pre-market: Nov 22, 2024, 6:40 AM EST

Coinbase Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for Coinbase stock have an average target of 248.4, with a low estimate of 150 and a high estimate of 375. The average target predicts a decrease of -15.86% from the current stock price of 295.23.

Analyst Consensus: Buy
Target Low Average Median High
Price $150 $248.4 $245 $375
Change -49.19% -15.86% -17.01% +27.02%

Analyst Ratings

The average analyst rating for Coinbase stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 556677
Buy 333333
Hold 108891010
Sell 222111
Strong Sell 000000
Total 201819192121

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Maintains
$290$375
Strong Buy Maintains $290$375 +27.02% Nov 18, 2024
Piper Sandler
Piper Sandler
Hold
Reiterates
$245
Hold Reiterates $245 -17.01% Nov 1, 2024
Barclays
Barclays
Hold
Maintains
$175$204
Hold Maintains $175$204 -30.90% Oct 31, 2024
Mizuho
Mizuho
Sell
Maintains
$160$178
Sell Maintains $160$178 -39.71% Oct 31, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$295$255
Strong Buy Maintains $295$255 -13.63% Oct 31, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
5.61B
from 2.93B
Increased by 91.73%
Revenue Next Year
5.75B
from 5.61B
Increased by 2.39%
EPS This Year
5.33
from 0.37
Increased by 1,330.21%
EPS Next Year
3.64
from 5.33
Decreased by -31.65%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
522.81M1.27B7.84B3.15B2.93B5.61B5.75B5.62B
Revenue Growth
-143.85%514.76%-59.81%-7.08%91.73%2.39%-2.14%
EPS
-0.501.4014.50-11.830.375.333.642.95
EPS Growth
--937.81%--1,330.21%-31.65%-18.98%
Forward PE
-----55.4281.09100.08
No. Analysts -----282818
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 6.0B 8.3B 7.1B
Avg 5.6B 5.7B 5.6B
Low 5.2B 3.7B 3.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
103.6%
48.6%
23.3%
Avg
91.7%
2.4%
-2.1%
Low
76.7%
-34.8%
-45.6%

EPS Forecast

EPS 20242025202620272028
High 6.14 10.43 6.77
Avg 5.33 3.64 2.95
Low 4.42 -0.62 -1.28

EPS Growth

EPS Growth 20242025202620272028
High
1,549.2%
95.7%
85.9%
Avg
1,330.2%
-31.7%
-19.0%
Low
1,086.6%
- -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.