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Price
Target price
€288.35

€288.35

-3.080%
-9.15
-3.080%
€311.64
 
20:05 / Tradegate WKN: A2QP7J / Symbol: COIN / Name: Coinbase / Stock / Large Cap /
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Coinbase Global Inc. Stock

Heavy losses for Coinbase Global Inc. today as the stock fell by -€9.150 (-3.080%).
Currently there is a rather positive sentiment for Coinbase Global Inc. with 38 Buy predictions and 5 Sell predictions.
With a target price of 311 € there is a slightly positive potential of 7.86% for Coinbase Global Inc. compared to the current price of 288.35 €.
Our community identified positive and negative aspects for Coinbase Global Inc. stock for the coming years. 10 users see the criterium "Worthwhile Investment for the next years" as a plus for the Coinbase Global Inc. stock. On the other hand our users think that "Non-cyclic/Cyclic" could be a problem in the future.

Pros and Cons of Coinbase Global Inc. in the next few years

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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2024-08-01

Analyzing the financials of Coinbase (US symbol: COIN) reveals an intriguing picture of a company riding the waves of the burgeoning cryptocurrency industry. With a market capitalization of approximately $54.48 billion, Coinbase stands as a strong player in the financial technology space. However, a deeper dive into the figures will present a nuanced aspect of its current position and future potential.

At first glance, Coinbase exhibits a robust revenue figure of around $3.78 billion, complemented by impressive gross profits of approximately $2.52 billion. The profit margin is noteworthy, sitting at 35.74%, which indicates that a significant portion of its revenue is turned into profit. Although the company has shown a quarterly revenue growth of 115.6% year-over-year, the high trailing price-to-earnings (P/E) ratio of approximately 45.31 raises some eyebrows. These metrics reveal that while Coinbase is positioned well in the market, it also faces challenges and uncertainties that can affect its long-term performance.

Strong Revenue and Profit Margins: Coinbase boasts a total revenue of around $3.78 billion with a robust profit margin of 35.74%. Such metrics imply effective operational management and the ability to monetize its services successfully.

Comments

Coinbase Global, Inc. (NASDAQ: COIN) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings, Inc..
Ratings data for COIN provided by MarketBeat
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Coinbase Global, Inc. (NASDAQ: COIN) had its "buy" rating re-affirmed by analysts at Citigroup Inc..
Ratings data for COIN provided by MarketBeat
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Prediction Buy
Perf. (%) -8.25%
Target price 438.549
Change
Ends at 25.06.26

Coinbase Global, Inc. (NASDAQ: COIN) had its price target raised by analysts at Sanford C. Bernstein from $310.00 to $510.00. They now have an "outperform" rating on the stock.
Ratings data for COIN provided by MarketBeat
Show more

News

Coinbase: Analysts Call for New Ceilings—What's Driving Gains?: https://www.marketbeat.com/logos/articles/med_20250625144511_coinbase-analysts-call-for-new-ceilingswhats-drivi.jpg
Coinbase: Analysts Call for New Ceilings—What's Driving Gains?

How do professional traders really start their day? Well, before anything else, it is always a question of whether the markets are in a risk-on or risk-off mood. Then, the real work begins in

Better Buy? Coinbase Stock vs. Circle Stock: https://g.foolcdn.com/editorial/images/822931/cryptocurrency-image.jpg
Better Buy? Coinbase Stock vs. Circle Stock

The stablecoin business is hot, but Circle (NYSE: CRCL) may not be the best way to invest in the market. In this video, Travis Hoium explains why Coinbase (NASDAQ: COIN) makes more money off the

Missed Out on the Circle IPO? This Cryptocurrency Investment Might Be the Real Winner in the Long Run (Hint: It's Not Robinhood or Bitcoin).: https://g.foolcdn.com/editorial/images/822644/virtual-wallet-bitcoin-savings-coinbase.jpg
Missed Out on the Circle IPO? This Cryptocurrency Investment Might Be the Real Winner in the Long Run (Hint: It's Not Robinhood or Bitcoin).

Since going public earlier this month, shares of Circle Internet Group (NYSE: CRCL) have rocketed by more than 600% (as of June 24). While initial public offerings (IPOs) tend to fetch outsize