Coinbase Global, Inc. (COIN)

NASDAQ: COIN · IEX Real-Time Price · USD
85.44
-4.95 (-5.48%)
At close: Aug 17, 2022 4:00 PM
85.00
-0.44 (-0.51%)
After-hours: Aug 17, 2022 6:48 PM EDT
-5.48%
Market Cap 22.38B
Revenue (ttm) 5.79B
Net Income (ttm) -317.96M
Shares Out 261.90M
EPS (ttm) 9.78
PE Ratio 8.74
Forward PE 60.24
Dividend n/a
Ex-Dividend Date n/a
Volume 10,578,934
Open 87.51
Previous Close 90.39
Day's Range 84.77 - 88.64
52-Week Range 40.83 - 368.90
Beta n/a
Analysts Buy
Price Target 109.60 (+28.3%)
Earnings Date Aug 9, 2022

About COIN

Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company offers the primary financial account in the cryptoeconomy for retailers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware. [Read more...]

Industry Capital Markets
IPO Date Apr 14, 2021
Employees 3,730
Stock Exchange NASDAQ
Ticker Symbol COIN
Full Company Profile

Financial Performance

In 2021, COIN's revenue was $7.84 billion, an increase of 513.66% compared to the previous year's $1.28 billion. Earnings were $3.10 billion, an increase of 2,760.77%.

Financial Statements

Analyst Forecast

According to 32 analysts, the average rating for COIN stock is "Buy." The 12-month stock price forecast is 109.6, which is an increase of 28.28% from the latest price.

Price Target
$109.6
(28.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Coinbase Slumps As SEC Investigations Move Forward

Coinbase announced it's under investigation by the SEC regarding its Q2 earnings miss. The cryptocurrency exchange recently partnered with BlackRock.

Why Coinbase Global Stock Dropped This Afternoon

The crypto market is down, but it's not all good news at Coinbase either.

Crypto and clean-energy stocks are at the center of the latest meme stock rally sparked by Bed Bath & Beyond's massiv...

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ROSEN, A LEADING AND LONGSTANDING FIRM, Encourages Coinbase Global, Inc. Investors to Secure Counsel Before Important...

New York, New York--(Newsfile Corp. - August 17, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities ...

JPMorgan says Coinbase will be a ‘meaningful beneficiary' of the Ethereum Merge

Kenneth Worthington, an analyst at JPMorgan (NYSE: JPM), thinks that Coinbase (NASDAQ: COIN) will be a “meaningful beneficiary” of the highly

TOP RANKED ROSEN LAW FIRM Encourages Coinbase Global, Inc. Investors to Secure Counsel Before Important Deadline in S...

NEW YORK , Aug. 16, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Coinbase Glob...

Why Coinbase Shares Were On a Wild Ride Today

There was some news impacting the market this morning, but that soon faded into the background.

Coinbase Stock Looks Cheap for 3 Reasons

A recent loss wasn't as bad as it seems and Coinbase's recent announcements are bullish long-term.

EQUITY ALERT: Rosen Law Firm Encourages Coinbase Global, Inc. Investors to Secure Counsel Before Important Deadline i...

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 purchasers of the securities of Coinbase Global, Inc. (NASD...

Nasdaq Bear Market: 2 Growth Stocks That Millionaires Are Buying on the Dip

Wealthy investors are piling into these beaten-down growth stocks.

Other symbols: CFLT

Coinbase Is Looking Like a Meme Stock. Watch Out, Shorts.

Coinbase is in a tug of war between crypto bulls and bears. It is increasingly trading untethered from its fundamentals

Was This Really the Bottom For Coinbase?

If you are bullish on the long-term prospects for the crypto market, then it's time to be bullish on Coinbase.

INVESTOR NOTICE: Investors in Coinbase Global, Inc. with Substantial Losses Have Opportunity to Lead Class Action Law...

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Coinbase business and prospects, resulting in its stock trading at inflated prices.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Coinbase Global, Inc. o...

New York, New York--(Newsfile Corp. - August 12, 2022) - Pomerantz LLP announces that a class action lawsuit has been filed against Coinbase Global, Inc. ("Coinbase" or the "Company") (NASDAQ: COIN) and...

Coinbase Stock Takes a Turn Toward the Meme. Watch Out, Shorts.

Coinbase is in a tug of war between crypto bulls and bears. It is increasingly trading untethered from its fundamentals

7 F-Rated Stocks to Avoid Now

The best investors know how to identify winners and fill their portfolios with equities that have the best potential for returns. And at the same time, they know which stocks to avoid.

Other symbols: BIIBCIMDISGPSIRBTPENN

S&P Global downgrades Coinbase following its $1.1 billion net loss in Q2 2022

(Kitco News) - Coinbase has its credit rating downgraded from BB+ to BB status by S&P Global after the exchange posted a staggering $1.1 billion net loss in Q2.

7 Stocks to Watch Following 2022 Layoff News

As the market reacts to recent labor reports, there are plenty of stocks to watch for big moves. Tech companies have been bogarting the headlines this year for reasons they probably wouldn't like.

Coinbase Earnings Weren't as Bad as They Seem

Coinbase is losing money, but not nearly as much as it appears.

Why Coinbase Stock Was Nose-Diving Today

Investors weren't happy to digest a wave of analyst downgrades and price target cuts.

Coinbase stock: COIN dumps amid fresh SEC probe

Coinbase (NASDAQ:COIN) stock has dumped more than 12% in intraday trading on Thursday, the company's shares currently poised at $82.80. The downside has the stock losing around $11.30 since trading on W...

Supreme Court Denies Coinbase Request to Intervene in Lawsuits

The U.S. Supreme Court has denied a request by cryptocurrency exchange Coinbase to intervene in a pair of lawsuits. As Bloomberg reported Thursday (Aug. 11), Coinbase had wanted the court to put the cas...

Coinbase Faces Another SEC Probe After Missing Earnings, Spelling Trouble for COIN Stock

Coinbase (NASDAQ: COIN ) is being dealt several blows this week. First, the company is reckoning with the slowing market during Q2, posting a disappointing earnings report.

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Investing in these first-rate stocks is likely to reward patient shareholders over the years, especially when starting from today's low share prices.

Other symbols: OLED

Coinbase Says the SEC Is Looking at Another One of Its Programs

Coinbase disclosed that regulators are probing the company's "staking" service, which offers high yields for owners of some crypto tokens.