Coinbase (COIN) Is Up 13.8% After Samsung Wallet Integration News Is Crypto Mainstream Now?

• Samsung Electronics announced a collaboration with Coinbase Global to integrate Coinbase One into Samsung Wallet, enabling over 75 million U.S. Galaxy smartphone users to buy, trade, and manage cryptocurrencies directly within the app, with plans for further international expansion.
• This initiative marks a significant advance in making cryptocurrency more accessible to mainstream consumers, giving Coinbase access to a broader user base and embedding crypto functionality in everyday mobile experiences.
• We'll explore how collaborating with Samsung positions Coinbase at the intersection of mobile technology and broader digital asset adoption.

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Coinbase Global Investment Narrative Recap

To be a Coinbase Global shareholder, you need to believe in mainstream blockchain adoption, new on-chain utilities, and the company's ability to benefit as more financial assets move onto digital rails. The Samsung Wallet partnership extends Coinbase's reach but doesn't materially change the most important short-term catalyst, growth in crypto trading activity, or address the ongoing risk from competition and fee compression.

Among recent announcements, the launch of the x402 Foundation with Cloudflare aligns closely with the expansion announced with Samsung, as both aim to embed digital asset payments more deeply into tech platforms. This underscores Coinbase's drive to position itself at the center of blockchain-based payment adoption, a key catalyst as financial services look to move beyond traditional rails.

Yet, investors should also be mindful that as competitors and decentralized platforms integrate more features at lower cost, there’s growing pressure on Coinbase’s transaction margins and market share...

Read the full narrative on Coinbase Global (it's free!)

Coinbase Global's narrative projects $8.5 billion in revenue and $2.1 billion in earnings by 2028. This requires 8.3% yearly revenue growth and a $0.8 billion decrease in earnings from $2.9 billion today.

Uncover how Coinbase Global's forecasts yield a $374.05 fair value, in line with its current price.

Exploring Other Perspectives

The Simply Wall St Community’s 30 retail investor fair value estimates for Coinbase range from US$142.97 to US$510 per share. While many see upside from institutional blockchain adoption, others point to risks from fee compression and slowing trading as factors that could weigh on performance, encouraging you to compare diverse approaches before forming a view.

Explore 30 other fair value estimates on Coinbase Global - why the stock might be worth as much as 34% more than the current price!

Build Your Own Coinbase Global Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Coinbase Global research is our analysis highlighting 1 key reward and 2 important warning signs that could impact your investment decision.
• Our free Coinbase Global research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Coinbase Global's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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