Coinbase Global (COIN) to Release Earnings on Thursday

Coinbase Global (NASDAQ:COIN - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Thursday, July 31st. Analysts expect Coinbase Global to post earnings of $0.91 per share and revenue of $1.68 billion for the quarter.

Coinbase Global (NASDAQ:COIN - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The cryptocurrency exchange reported $1.94 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.18 by ($0.24). The company had revenue of $2.03 billion during the quarter, compared to analysts' expectations of $2.22 billion. Coinbase Global had a net margin of 21.14% and a return on equity of 20.25%. The business's revenue for the quarter was up 24.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.53 EPS. On average, analysts expect Coinbase Global to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Coinbase Global Price Performance

Shares of COIN traded down $5.04 during trading hours on Friday, reaching $391.66. The company had a trading volume of 8,619,904 shares, compared to its average volume of 13,896,728. The firm has a 50 day simple moving average of $317.61 and a 200-day simple moving average of $255.92. The company has a current ratio of 2.52, a quick ratio of 2.52 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $99.43 billion, a price-to-earnings ratio of 73.34, a PEG ratio of 29.86 and a beta of 3.70. Coinbase Global has a 12-month low of $142.58 and a 12-month high of $444.64.

Analyst Ratings Changes

Several research firms have weighed in on COIN. JMP Securities raised their target price on shares of Coinbase Global from $400.00 to $440.00 and gave the company a "market outperform" rating in a report on Monday, July 14th. Citigroup restated an "outperform" rating on shares of Coinbase Global in a report on Monday, July 14th. Argus began coverage on shares of Coinbase Global in a report on Monday, July 14th. They set a "buy" rating and a $400.00 target price for the company. Canaccord Genuity Group restated a "buy" rating and set a $400.00 target price on shares of Coinbase Global in a report on Friday, May 9th. Finally, Needham & Company LLC dropped their target price on shares of Coinbase Global from $330.00 to $270.00 and set a "buy" rating for the company in a report on Monday, May 12th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and fourteen have assigned a buy rating to the company's stock. According to MarketBeat, Coinbase Global presently has a consensus rating of "Moderate Buy" and an average target price of $320.06.

Insider Buying and Selling

In other news, CEO Brian Armstrong sold 336,265 shares of Coinbase Global stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $362.61, for a total transaction of $121,933,051.65. Following the sale, the chief executive officer owned 526 shares in the company, valued at $190,732.86. This trade represents a 99.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Frederick Ernest Ehrsam III sold 30,167 shares of Coinbase Global stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $252.68, for a total transaction of $7,622,597.56. Following the sale, the director owned 10,417 shares in the company, valued at $2,632,167.56. This represents a 74.33% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,208,340 shares of company stock worth $439,997,456. 17.65% of the stock is currently owned by corporate insiders.

Institutional Trading of Coinbase Global

Hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC raised its stake in shares of Coinbase Global by 24.2% during the first quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange's stock valued at $365,000 after purchasing an additional 413 shares during the period. Focus Partners Wealth raised its stake in shares of Coinbase Global by 9.9% during the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange's stock valued at $896,000 after purchasing an additional 467 shares during the period. Finally, Empowered Funds LLC raised its stake in shares of Coinbase Global by 25.8% during the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange's stock valued at $1,478,000 after purchasing an additional 1,761 shares during the period. Hedge funds and other institutional investors own 68.84% of the company's stock.

Coinbase Global Company Profile

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.