William Blair Estimates Coinbase Global Q2 Earnings

Coinbase Global, Inc. (NASDAQ:COIN - Free Report) - Equities research analysts at William Blair issued their Q2 2025 earnings estimates for shares of Coinbase Global in a research report issued on Wednesday, June 11th. William Blair analyst A. Jeffrey anticipates that the cryptocurrency exchange will post earnings of $1.33 per share for the quarter. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for Coinbase Global's current full-year earnings is $7.22 per share. William Blair also issued estimates for Coinbase Global's Q3 2025 earnings at $1.49 EPS, Q4 2025 earnings at $1.57 EPS, FY2025 earnings at $6.33 EPS and FY2026 earnings at $7.82 EPS.

Several other brokerages have also weighed in on COIN. Rosenblatt Securities reaffirmed a "buy" rating and set a $260.00 price objective on shares of Coinbase Global in a research report on Monday, May 12th. Cantor Fitzgerald began coverage on shares of Coinbase Global in a report on Tuesday, April 8th. They set an "overweight" rating and a $245.00 price target on the stock. Bank of America reduced their price objective on shares of Coinbase Global from $363.00 to $311.00 and set a "neutral" rating for the company in a research note on Tuesday, February 25th. Keefe, Bruyette & Woods increased their target price on shares of Coinbase Global from $183.00 to $205.00 and gave the stock a "market perform" rating in a research report on Friday, May 9th. Finally, Oppenheimer set a $293.00 price target on Coinbase Global in a research report on Thursday, May 15th. Eleven analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $266.10.

Coinbase Global Stock Up 0.7%

Shares of Coinbase Global stock traded up $1.66 during trading on Friday, hitting $242.71. 7,036,536 shares of the stock traded hands, compared to its average volume of 10,101,171. The stock has a market cap of $61.62 billion, a P/E ratio of 25.55 and a beta of 3.61. The company has a fifty day moving average price of $219.34 and a two-hundred day moving average price of $242.20. Coinbase Global has a twelve month low of $142.58 and a twelve month high of $349.75. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.28 and a current ratio of 2.28.

Coinbase Global (NASDAQ:COIN - Get Free Report) last issued its earnings results on Thursday, May 8th. The cryptocurrency exchange reported $1.94 EPS for the quarter, missing analysts' consensus estimates of $2.18 by ($0.24). Coinbase Global had a net margin of 39.34% and a return on equity of 20.64%. The firm had revenue of $2.03 billion during the quarter, compared to analysts' expectations of $2.22 billion. During the same quarter last year, the firm earned $2.53 EPS. The business's revenue for the quarter was up 24.2% compared to the same quarter last year.

Insider Activity

In related news, Director Frederick Ernest Ehrsam III sold 30,167 shares of the stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $252.68, for a total value of $7,622,597.56. Following the completion of the sale, the director now owns 10,417 shares in the company, valued at approximately $2,632,167.56. This trade represents a 74.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Paul Grewal sold 1,952 shares of Coinbase Global stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $250.00, for a total value of $488,000.00. Following the sale, the insider now directly owns 81,773 shares in the company, valued at approximately $20,443,250. This trade represents a 2.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 220,717 shares of company stock valued at $49,363,601. 17.65% of the stock is owned by company insiders.

Institutional Trading of Coinbase Global

A number of institutional investors and hedge funds have recently modified their holdings of COIN. Mascagni Wealth Management Inc. bought a new stake in Coinbase Global in the 4th quarter valued at $25,000. Copia Wealth Management acquired a new stake in shares of Coinbase Global during the 4th quarter valued at about $26,000. Bessemer Group Inc. increased its stake in Coinbase Global by 297.4% in the first quarter. Bessemer Group Inc. now owns 151 shares of the cryptocurrency exchange's stock valued at $26,000 after acquiring an additional 113 shares during the period. Atala Financial Inc bought a new stake in Coinbase Global in the fourth quarter valued at about $27,000. Finally, McClarren Financial Advisors Inc. acquired a new position in Coinbase Global in the first quarter worth about $30,000. 68.84% of the stock is currently owned by institutional investors.

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.