Coinbase Global, Inc. (COIN)
NASDAQ: COIN · Real-Time Price · USD
309.33
-10.68 (-3.34%)
Nov 21, 2024, 12:54 PM EST - Market open
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 -19.70% from the current stock price of 309.33.
Analyst Consensus: Buy
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 '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 6 | 7 | 7 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 10 | 8 | 8 | 9 | 10 | 10 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 18 | 19 | 19 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $290 → $375 | Strong Buy | Maintains | $290 → $375 | +21.23% | Nov 18, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $245 | Hold | Reiterates | $245 | -20.80% | Nov 1, 2024 |
| Barclays | Barclays | Hold Maintains $175 → $204 | Hold | Maintains | $175 → $204 | -34.05% | Oct 31, 2024 |
| Mizuho | Mizuho | Sell Maintains $160 → $178 | Sell | Maintains | $160 → $178 | -42.46% | Oct 31, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $295 → $255 | Strong Buy | Maintains | $295 → $255 | -17.56% | Oct 31, 2024 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 103.6% | 48.6% | 23.3% | ||
| Avg | 91.7% | 2.4% | -2.1% | ||
| Low | 76.7% | -34.8% | -45.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.