Coinbase Global, Inc. (COIN)
NASDAQ: COIN · Real-Time Price · USD
278.71
+4.79 (1.75%)
At close: Dec 20, 2024, 4:00 PM
281.55
+2.84 (1.02%)
After-hours: Dec 20, 2024, 7:57 PM EST
Coinbase Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Coinbase stock have an average target of 272.85, with a low estimate of 150 and a high estimate of 420. The average target predicts a decrease of -2.10% from the current stock price of 278.71.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 7 | 7 | 7 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 8 | 8 | 9 | 10 | 10 | 10 |
| Sell | 2 | 2 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 19 | 19 | 21 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $165 → $275 | Hold | Maintains | $165 → $275 | -1.33% | Dec 20, 2024 |
| Barclays | Barclays | Hold Maintains $204 → $355 | Hold | Maintains | $204 → $355 | +27.37% | Dec 9, 2024 |
| Needham | Needham | Strong Buy Maintains $375 → $420 | Strong Buy | Maintains | $375 → $420 | +50.69% | Dec 9, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $183 → $397 | Hold | Maintains | $183 → $397 | +42.44% | Dec 2, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $265 → $358 | Buy | Maintains | $265 → $358 | +28.45% | Nov 25, 2024 |
Financial Forecast
Revenue This Year
5.79B
from 2.93B
Increased by 97.81%
Revenue Next Year
6.07B
from 5.79B
Increased by 4.85%
EPS This Year
5.77
from 0.37
Increased by 1,449.93%
EPS Next Year
4.37
from 5.77
Decreased by -24.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 6.7B | 9.4B | 8.2B | |||
| Avg | 5.8B | 6.1B | 6.0B | |||
| Low | 5.2B | 3.7B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 129.6% | 63.2% | 35.8% | |||
| Avg | 97.8% | 4.9% | -1.1% | |||
| Low | 76.7% | -36.8% | -48.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 8.07 | 10.09 | 6.77 | |||
| Avg | 5.77 | 4.37 | 3.68 | |||
| Low | 4.48 | -0.62 | -1.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2,067.9% | 74.8% | 55.0% | |||
| Avg | 1,449.9% | -24.3% | -15.8% | |||
| Low | 1,102.4% | - | - |
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.