Coinbase Global, Inc. (COIN)
| Market Cap | 52.78B |
| Revenue (ttm) | 3.11B |
| Net Income (ttm) | 94.75M |
| Shares Out | 242.28M |
| EPS (ttm) | 0.37 |
| PE Ratio | 589.70 |
| Forward PE | 85.48 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,321,111 |
| Open | 216.05 |
| Previous Close | 224.37 |
| Day's Range | 213.64 - 219.50 |
| 52-Week Range | 46.43 - 283.48 |
| Beta | 3.42 |
| Analysts | Buy |
| Price Target | 183.45 (-15.86%) |
| 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 23 analysts, the average rating for COIN stock is "Buy." The 12-month stock price forecast is $183.45, which is a decrease of -15.86% from the latest price.
News
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 ...
Coinbase Gets a Huge Price Target Boost—but This Analyst Says the Stock Is Still a Sell
Coinbase stock commands a lofty valuation and the company faces risks, according to Mizuho analyst Dan Dolev.
Coinbase's Shirzad: Industry Needs to Grow in US
Coinbase Chief Policy Officer Faryar Shirzad joins Ed Ludlow to discuss the company's ongoing battle with the SEC, why it wants more regulatory clarity, and the need for the crypto industry to grow un...
Amazon, Taiwan Semi, Coinbase, MicroStrategy, and Other Tech Stocks in Focus Today
Amazon.com stock is on track to test its all-time high Monday, while Taiwan Semi enjoys the benefits of U.S. government funding.
Coinbase to face revived lawsuit by customers
A federal appeals court on Friday revived a lawsuit by Coinbase customers who accused the largest U.S. cryptocurrency exchange of illegally selling unregistered securities and failing to register as a...
Crypto: US legislation is overdue and needs to get done, Coinbase Chief Policy Officer
Coinbase (COIN) has secured registration as a restricted dealer in Canada, allowing the company to operate legally within the country. This comes as Coinbase is facing a regulatory crackdown in the Un...
SQ's Limited Opportunity & COIN as a Key Crypto Beneficiary
Morgan Stanley sees limited opportunity for Block (SQ) to expand banking and credit services for Cash App. Oppenheimer highlights that continued adoption of digital assets and Blockchain tech can help...
Coinbase obtains registration as a Restricted Dealer in Canada
Coinbase is now the first international and largest cryptocurrency exchange to be registered in Canada. Coinbase is now the first international and largest cryptocurrency exchange to be registered in ...
Coinbase secures restricted dealer license in Canada, pushing expansion abroad amid SEC crackdown
Coinbase said it has been registered in Ontario as a restricted dealer under the Canadian Securities Administrators.
Coinbase partner ClearBank posts first full-year of profit as revenue almost doubles
British fintech firm ClearBank swung to an £18.4 million ($23.3 million) pre-tax profit in the year ending Dec. 31, 2023, up from a £7.1 million loss in 2022.
Expect the Worst from Tesla (TSLA) & Coinbase (COIN) Crypto Surge
Tesla (TSLA) is expected to turn in one of its worst quarters, notes Paul Marino. He discusses expectations for Tesla's (TSLA) 1Q deliveries.
Sam Bankman-Fried is going to jail for 25 years. His victims are moving on, but it isn't always easy.
In the months after crypto exchange FTX filed for bankruptcy protection, Anthony Emtman thought he would have to shut down Ikigai Asset Management, the digital-asset hedge fund he started with his bus...
Coinbase (COIN) Down SEC Lawsuit Allowed to Proceed
Coinbase (COIN) is down after a Federal Judge's ruling allows the SEC lawsuit to proceed. Kevin Green discusses this as the lawsuit centers on the company's core exchange functionality and staking pro...
Judge Rules SEC Lawsuit Against Coinbase Can Go to Trial
A judge ruled Wednesday (March 27) that the Securities and Exchange Commission's lawsuit against Coinbase can go before a jury trial. The decision came after Coinbase asked the court to dismiss the SE...
SEC gets green light to continue Coinbase lawsuit
Shares of Coinbase (COIN) are trading lower after a judge ruled that the Securities and Exchange Commission (SEC) can proceed with its lawsuit against the cryptocurrency exchange. The SEC alleges that...
Coinbase's stock falls after request to dismiss the SEC's suit was denied
Shares of Coinbase Global Inc. fell Wednesday, after the cryptocurrency exchange said its request to dismiss the U.S. Securities and Exchange Commission's lawsuit was denied by a federal court.
Coinbase loses bid to toss SEC suit as feds move to rein in huge crypto exchange
The decision blesses the SEC's approach to cryptocurrency and agrees with other judges who have sided with the regulator.
Coinbase must face US securities regulator's lawsuit
A federal judge in Manhattan on Wednesday said the U.S. securities regulator's lawsuit against Coinbase can move forward, but dismissed one claim the agency made against the largest U.S. cryptocurrenc...
Coinbase (COIN) Poised To Benefit From Renewed Bitcoin Interest
Is competition coming for Coinbase (COIN) due to its large margins? The bitcoin price recently hit an all-time high with the ETF excitement.
DC Coffee Chain Debuts Crypto Payments with Coinbase Partnership
A test case for mainstreaming cryptocurrency is coming to a local coffee chain in Washington, D.C., as coffee brand Compass Coffee partners with crypto exchange Coinbase.