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
Target Low Average Median High
Price $36 $142.19 $150 $300
Change -85.98% -44.61% -41.57% +16.87%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 666665
Buy 222333
Hold 11109679
Sell 666755
Strong Sell 111110
Total 262524232222

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
Hold
Upgrades
n/a
Hold Upgrades n/a n/a Mar 12, 2024
Goldman Sachs
Goldman Sachs
Hold
Upgrades
$282
Hold Upgrades $282 +9.86% Mar 8, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
533.74M1.28B7.84B3.19B3.11B4.13B4.31B4.18B3.13B5.64B
Revenue Growth
-139.35%513.66%-59.25%-2.69%32.71%4.36%-2.97%-24.99%80.11%
EPS
-0.501.4014.50-11.830.371.030.990.700.652.11
EPS Growth
--935.71%--179.40%-4.66%-28.75%-7.04%223.44%
No. Analysts -----2521733
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.