Coinbase Global, Inc. (COIN)
| Market Cap | 55.87B |
| Revenue (ttm) | 3.97B |
| Net Income (ttm) | 1.35B |
| Shares Out | 245.58M |
| EPS (ttm) | 5.10 |
| PE Ratio | 44.61 |
| Forward PE | 46.17 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,381,973 |
| Open | 231.34 |
| Previous Close | 233.37 |
| Day's Range | 226.32 - 234.97 |
| 52-Week Range | 69.63 - 283.48 |
| Beta | 3.44 |
| Analysts | Buy |
| Price Target | 222.58 (-2.17%) |
| Earnings Date | Aug 1, 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 20 analysts, the average rating for COIN stock is "Buy." The 12-month stock price forecast is $222.58, which is a decrease of -2.17% from the latest price.
News
Cryptocurrency PAC support is focused on Congress, says Coinbase's Faryar Shirzad
Faryar Shirzad, chief policy officer at Coinbase, joins CNBC's 'The Exchange' to discuss cryptocurrency political fundraising, how the Chevron decision may impact crypto regulation, and more.
Nasdaq 100, Dow Jones, S&P 500 News: Crypto Surge Lifts Coinbase, Microstrategy
Traders should stay alert to sector shifts, economic data impacts, and the ongoing influence of AI-related enthusiasm on Nasdaq 100 stocks.
Coinbase sues SEC and FDIC over crypto regulation
Coinbase, the largest cryptocurrency exchange in the U.S., has initiated a legal battle against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). The l...
Coinbase sues SEC, FDIC for information relating to crypto regulation
The move comes following the exchange's attempts to retrieve information through the FOIA regarding three SEC investigations into crypto firms and entrepreneurs between 2018 and 2024.
Crypto industry super PAC is 33-2 in primaries, with $100 million for House, Senate races
A super PAC bankrolled by a small group of crypto companies has backed the winning candidate in 33 of the 35 House and Senate primary races it entered. Fairshake PAC kicks off the general election sea...
Coinbase may be facing regulatory action over its accounting for crypto assets
Coinbase Global Inc. may be at risk of a regulatory enforcement action over its accounting for crypto assets, according to accounting experts, who reviewed the crypto trading site's numbers before and...
ResMed, Coinbase Global, Nvidia And Other Big Stocks Moving Lower On Monday
U.S. stocks were mixed, with the Dow Jones index gaining around 300 points on Monday.
Coinbase launches $2 million ad targeting Latino voters in US
Coinbase launched on Thursday a $2 million ad campaign targeted toward Latino voters, the company told Reuters, as the crypto industry makes moves this U.S. election cycle to put friendly lawmakers in...
Blockchain Stock Set To Soar
Blockchain leader Coinbase Global (COIN) has struggled this quarter, down 10% since Q3 kicked off at the beginning of the month. The equity is also far removed from its March 25, more than two-year hi...
Coinbase (COIN) To Benefit From Positively Changing Regulations?
The COIN stock price is up over 51% year-to-date. Coinbase hosted its State of Crypto Summit 2024 with presentations by various industry experts and early cryptocurrency adopters.
Coinbase aiming to be people's 'primary financial account,' says CEO Brian Armstrong
CNBC's Kate Rooney sits down with Coinbase CEO Brian Armstrong at the 2024 Crypto Summit to discuss the state of digital assets, new features from Coinbase, and more.
Apollo and These 3 Companies Could Be the Next Additions to S&P 500
Apollo, the big alternative asset management company and insurer, is now the largest U.S. company in terms of market value that isn't in the index.
Investigating Coinbase Glb's Standing In Capital Markets Industry Compared To Competitors
In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive ...
Coinbase to Participate in the Morgan Stanley US Financials, Payments, and CRE Conference
Remote-First-Company/AUSTIN, Texas--(BUSINESS WIRE)--Coinbase Global, Inc. announced today that Gregory Tusar, VP of Institutional Product, will participate in a fireside chat at the Morgan Stanley US...
Next Generation of Internet Is on Base: Coinbase's Pollak
A low cost layer-2 blockchain called Base is becoming a major building block for popular apps in finance and social media. Coinbase head of protocols Jesse Pollak created Base, and joins Galaxy Digita...
Why This Approach Has Been Crushing The Market Recently: Getting Better Entries Into Volatile Names And Finding The Best Ways To Hedge Them - Affirm Holdings (NASDAQ:AFRM), Coinbase Glb (NASDAQ:COIN)
In a post last week ("From The Viewpoint Of Calamity"), we mentioned that one of our hedged portfolios from mid-November more than doubled the performance of the SPDR S&P 500 Trust ETF SPY over the ne...
Financial market feud: Coinbase Launches Oil & Gold Futures, CME Targets Bitcoin Spot Market
(Kitco News) - A potential West Coast/East Coast feud is brewing in financial markets as two major exchanges creep into each other's carved-out lanes.
Palo Alto Networks, Coinbase, and Other Tech Stocks in Focus Today
Tech stocks take a pause early Tuesday after the Nasdaq Composite reaches a record high in the previous session.
Coinbase Stock Is Falling. Is a New Crypto-Trading Rival About to Emerge?
CME Group, a Chicago-based trading firm, may launch spot Bitcoin trading, according to a report. That could hit one of Coinbase's sweet spots.
Coinbase to Participate in the J.P. Morgan Global Technology, Media and Communications Conference
Remote-First-Company/PORTLAND, Ore.--(BUSINESS WIRE)--Coinbase Global, Inc. announced today that Emilie Choi, President and Chief Operating Officer, and Alesia Haas, Chief Financial Officer, will part...
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;