Coinbase Global, Inc. (COIN)
NASDAQ: COIN · IEX Real-Time Price · USD
256.70
-10.11 (-3.79%)
At close: Mar 27, 2024, 4:00 PM
262.67
+5.97 (2.33%)
Pre-market: Mar 28, 2024, 5:40 AM EDT
Coinbase Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for Coinbase stock have an average target of 142.19, with a low estimate of 36 and a high estimate of 300. The average target predicts a decrease of -44.61% from the current stock price of 256.70.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Coinbase stock from 22 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 6 | 6 | 5 |
Buy | 2 | 2 | 2 | 3 | 3 | 3 |
Hold | 11 | 10 | 9 | 6 | 7 | 9 |
Sell | 6 | 6 | 6 | 7 | 5 | 5 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 0 |
Total | 26 | 25 | 24 | 23 | 22 | 22 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
JMP Securities | JMP Securities | Buy Reiterates $300 | Buy | Reiterates | $300 | +16.87% | Mar 22, 2024 |
JP Morgan | JP Morgan | Hold Maintains $95 → $150 | Hold | Maintains | $95 → $150 | -41.57% | Mar 15, 2024 |
JMP Securities | JMP Securities | Buy Maintains $220 → $300 | Buy | Maintains | $220 → $300 | +16.87% | Mar 13, 2024 |
Raymond James | Raymond James | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Mar 12, 2024 |
Goldman Sachs | Goldman Sachs | Strong Sell → Hold Upgrades $282 | Strong Sell → Hold | Upgrades | $282 | +9.86% | Mar 8, 2024 |
Financial Forecast
Revenue This Year
4.13B
from 3.11B
Increased by 32.71%
Revenue Next Year
4.31B
from 4.13B
Increased by 4.36%
EPS This Year
1.03
from 0.37
Increased by 179.40%
EPS Next Year
0.99
from 1.03
Decreased by -4.66%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 5.0B | 5.3B | 5.4B | 4.8B | 5.8B |
Avg | 4.1B | 4.3B | 4.2B | 3.1B | 5.6B |
Low | 2.8B | 2.6B | 2.1B | 1.6B | 5.4B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 59.9% | 27.6% | 25.7% | 14.5% | 85.4% |
Avg | 32.7% | 4.4% | -3.0% | -25.0% | 80.1% |
Low | -9.0% | -36.0% | -50.3% | -62.7% | 73.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.40 | 2.41 | 2.05 | 0.67 | 2.17 |
Avg | 1.03 | 0.99 | 0.70 | 0.65 | 2.11 |
Low | -0.60 | -1.00 | -1.49 | 0.63 | 2.03 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 549.9% | 133.1% | 107.7% | -4.3% | 233.0% |
Avg | 179.4% | -4.7% | -28.7% | -7.0% | 223.4% |
Low | - | - | - | -10.7% | 210.8% |
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.