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Coinbase Global NasdaqGS:COIN Stock Report

Last Price

US$242.85

Market Cap

US$53.5b

7D

10.1%

1Y

130.1%

Updated

15 Jul, 2024

Data

Company Financials +

Coinbase Global, Inc.

NasdaqGS:COIN Stock Report

Market Cap: US$53.5b

COIN Stock Overview

Provides financial infrastructure and technology for the crypto economy in the United States and internationally.

COIN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

Coinbase Global, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Coinbase Global
Historical stock prices
Current Share PriceUS$242.85
52 Week HighUS$283.48
52 Week LowUS$69.63
Beta3.4
11 Month Change-0.67%
3 Month Change10.98%
1 Year Change130.08%
33 Year Change10.08%
5 Year Changen/a
Change since IPO-26.02%

Recent News & Updates

Recent updates

Coinbase: Bitcoin Has Stalled. Now What?

Jun 24

Coinbase: Squeezing The Lime With Coinbase Prime

Jun 17

Coinbase: Strong Potential, But Valuation Is Too Hot

Jun 11

Coinbase Outage Is Incredibly Bullish

May 15

Coinbase's Stock Is A Steal At These Levels

Apr 23

Coinbase: All About That Base

Apr 12

Coinbase: Downside Overshadows Optimism

Apr 01

Coinbase: How Big Is The Bitcoin ETF Opportunity?

Mar 20

Analysts Are Betting On Coinbase Global, Inc. (NASDAQ:COIN) With A Big Upgrade This Week

Feb 23
Analysts Are Betting On Coinbase Global, Inc. (NASDAQ:COIN) With A Big Upgrade This Week

Coinbase Q4: Regaining Positive Incomes, Unlocking New Possibilities

Feb 16

Coinbase: Overvalued Into Earnings As Bitcoin Headlines Dip, Key Support Spotted

Feb 08

Coinbase At The Crossroads: Analyzing The Impact Of Spot Bitcoin ETFs

Jan 13

Industry Analysts Just Made A Notable Upgrade To Their Coinbase Global, Inc. (NASDAQ:COIN) Revenue Forecasts

May 18
Industry Analysts Just Made A Notable Upgrade To Their Coinbase Global, Inc. (NASDAQ:COIN) Revenue Forecasts

Coinbase Global, Inc. (NASDAQ:COIN) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

May 06
Coinbase Global, Inc. (NASDAQ:COIN) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Coinbase: Potential Consolidator In Downturn With Attractive Business Model

Oct 10

Coinbase resolves issues tied to brief halt in payments, withdrawals

Oct 03

Coinbase to update fee structure to represent changes in crypto trading volumes, prices

Sep 19

Coinbase: Massive Upside During The 2023 Crypto Bull Run

Sep 13

Coinbase investigating delays in deposits and withdrawals

Sep 01

PayPal joins Coinbase's TRUST network to comply with regulations

Aug 23

Coinbase: Don't Be Unduly Concerned About The Crypto Winter - Look Past The Current Cycle

Aug 16

Coinbase Has Rallied 90% And The BlackRock Partnership Couldn't Have Come At A Better Time

Aug 09

Coinbase under SEC investigation for cryptocurrency listings

Jul 26

Coinbase investigating issue of delayed EOS withdrawals

Jul 15

Is Coinbase Stock A Buy As Cryptocurrency Price Drops?

Jul 01

Coinbase: The Market Is Looking Past Its Current Struggles

Jun 24

How Declining Liquidity may Further Pressure Coinbase Global, Inc. (NASDAQ:COIN)

Jun 24
How Declining Liquidity may Further Pressure Coinbase Global, Inc. (NASDAQ:COIN)

Is Coinbase Stock A Buy Or Sell Amidst Cryptocurrency Crash?

May 24

Coinbase Post-Earnings: The EPS Reductions Are Grim; Forward Free-Cash Estimates Are Lower

May 16

41% Down in the Last Week - Coinbase Global (NASDAQ:COIN) is Facing More Trouble Ahead

May 11
41% Down in the Last Week - Coinbase Global (NASDAQ:COIN) is Facing More Trouble Ahead

Coinbase Earnings Preview: Trading Interest Has Eroded And Jim Chanos Was Right

May 09

Will Developers Burn Down Coinbase?

Apr 28

Is Coinbase Stock A Good Long-Term Investment? Lower-Risk Proxy On Cryptocurrency Growth

Apr 22

Shareholder Returns

COINUS Capital MarketsUS Market
7D10.1%5.4%1.3%
1Y130.1%28.9%22.0%

Return vs Industry: COIN exceeded the US Capital Markets industry which returned 28.9% over the past year.

Return vs Market: COIN exceeded the US Market which returned 22% over the past year.

Price Volatility

Is COIN's price volatile compared to industry and market?
COIN volatility
COIN Average Weekly Movement9.9%
Capital Markets Industry Average Movement3.3%
Market Average Movement5.8%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: COIN has not had significant price volatility in the past 3 months.

Volatility Over Time: COIN's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20123,416Brian Armstrongwww.coinbase.com

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions. It also provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment.

Coinbase Global, Inc. Fundamentals Summary

How do Coinbase Global's earnings and revenue compare to its market cap?
COIN fundamental statistics
Market capUS$53.54b
Earnings (TTM)US$1.35b
Revenue (TTM)US$3.78b

44.2x

P/E Ratio

15.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
COIN income statement (TTM)
RevenueUS$3.78b
Cost of RevenueUS$541.74m
Gross ProfitUS$3.24b
Other ExpensesUS$1.89b
EarningsUS$1.35b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.49
Gross Margin85.66%
Net Profit Margin35.71%
Debt/Equity Ratio55.7%

How did COIN perform over the long term?

See historical performance and comparison
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