S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Get Your Cash Out of U.S. Banks Immediately (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
This Little Known Automaker May Save Your Life and Your Portfolio
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Get Your Cash Out of U.S. Banks Immediately (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
This Little Known Automaker May Save Your Life and Your Portfolio
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Get Your Cash Out of U.S. Banks Immediately (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
This Little Known Automaker May Save Your Life and Your Portfolio
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Get Your Cash Out of U.S. Banks Immediately (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
This Little Known Automaker May Save Your Life and Your Portfolio
NASDAQ:COIN

Coinbase Global (COIN) Stock Forecast, Price & News

$71.52
+1.00 (+1.42%)
(As of 09/27/2023 ET)
Compare
Today's Range
$69.95
$73.48
50-Day Range
$70.52
$101.26
52-Week Range
$31.55
$114.43
Volume
5.32 million shs
Average Volume
15.58 million shs
Market Capitalization
$16.96 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$77.38

Coinbase Global MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
8.2% Upside
$77.38 Price Target
Short Interest
Healthy
12.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.64mentions of Coinbase Global in the last 14 days
Based on 43 Articles This Week
Insider Trading
Selling Shares
$20.23 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.45) to ($1.56) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.77 out of 5 stars

Finance Sector

754th out of 862 stocks

Nondepository Credit Institutions Industry

36th out of 46 stocks


COIN stock logo

About Coinbase Global (NASDAQ:COIN) Stock

Coinbase Global, Inc. is among the world’s largest and foremost cryptocurrency exchanges. The company provides financial infrastructure and technology for the cryptocurrency economy in the United States and internationally. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware.

The company began with the idea that anyone, anywhere should be able to buy and sell Bitcoin and it has grown in tandem with the cryptosphere. Coinbase Global IPO’d in early 2021 and listed more than 100 million verified individual users less than a year later. Assets on the platform fluctuate based on the value of the cryptocurrency market but are counted in the $100’s of billions. The company employs roughly 5,000 people and serves clients in more than 100 countries. The company lists more than 200 assets for trading and over 350 for custody purposes.

The company is led by Bryan Armstrong. Armstrong is a co-founder, Chairman of the Board, CEO, and president of Coinbase and the driving force behind the business. One of his many innovations is making Coinbase Global, Inc a “remote-first” business which means there is no official corporate headquarters. The company operates offices in 12 cities around the world, however, and leases space when there is a concentration of employees in a new area.

Coinbase Global, Inc offers a range of tools for traders and investors. The company offers a primary financial account in the crypto-economy for businesses and consumers alike. The primary account, often referred to as a wallet, allows owners to buy, sell, trade, send, and receive cryptocurrencies supported by the platform. Coinbase Global supports well over 200 different cryptocurrencies and the number is growing so the potential application is very broad. New users may also earn free cryptocurrencies by participating in the company’s education program. The program informs users of new cryptocurrencies and rewards them for their time.

Coinbase Global wallet holders can also benefit from the growing trend in defi. Defi or decentralized finance is a host of applications that allow investors to buy cryptocurrency and stake financial transactions such as insurance or lending. Staked cryptocurrency earns a return just like traditional investments.

Coinbase Global also operates a marketplace with a pool of liquidity for transacting in crypto assets for institutions. Tools for businesses include direct access to the cryptocurrency market and the ability to list crypto assets on the exchange. Assets can be listed and sold to raise capital for projects or as a means of transferring wealth. NFTs are a large part of the marketplace as well and a pillar of the long-term growth outlook.

Along with the wallet and marketplace technology, Coinbase Global offers technology and services that allow ecosystem partners to build crypto-based applications and securely accept cryptocurrencies as payment. These tools are supported by a suite of White-label solutions and API interfaces that can power cryptocurrency transactions and services for any business.

COIN Price History

COIN Stock News Headlines

This Is How HSBC's Crypto Collaboration Disrputs Banking (COIN)
Banking giant HSBC rose 5.78% last month on reports of a partnership with crypto custodian Fireblocks as the banking industry explores digital assets.
MarketBeat Week in Review – 9/4 - 9/8 (COIN)
This market continues to be filled with contradictions, but the MarketBeat team is here to help you find the opportunities that continue to exist
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Is Bitcoin ETF Launch A Promising Development For Crypto Stocks?
Coinbase ended the week 5% higher after initially surging 15% on Bitcoin ETF news. The SEC said it would review Bitcoin ETF applications by October 19.
5 Best Fintech Stocks to Buy Now (COIN)
Fintech combines two words — “finance” and “technology,” where companies apply technology to finance businesses. Learn more about fintech stocks.
7 Best Fintech ETFs to Buy Now (COIN)
Fintech seizes the spotlight regularly, so why not connect with ETFs for an investment opportunity? Learn more about investing in fintech ETFs.
3 Best Meme ETFs to Buy Now (COIN)
A meme ETF invests in meme stocks. We’ll explore the best meme ETF(s) to buy now and what stocks support this unique investment arena. Learn more.
8 Best Meme Stocks to Buy Now (COIN)
Meme stocks took the investing world by storm in 2021, but is it still beneficial to invest meme stocks now? Learn about the best meme stocks to buy now.
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Coinbase CEO: Crypto industry deserves fair rules
Coinbase CEO calls out SEC harassment: YF Exclusive
This crypto exchange in the U.S. owns 5% of all bitcoin
Bitcoin Is In a Slumber. What Could Jolt It Awake.
Coinbase Holds $25 Billion In Bitcoin
See More Headlines
Receive COIN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Coinbase Global and its competitors with MarketBeat's FREE daily newsletter.

COIN Company Calendar

Last Earnings
8/03/2023
Today
9/28/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
Other Diversified Financial Services
Sector
Finance
Current Symbol
NASDAQ:COIN
Fax
N/A
Employees
4,510
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$77.38
High Stock Price Forecast
$145.00
Low Stock Price Forecast
$27.00
Forecasted Upside/Downside
+8.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
25 Analysts

Profitability

Net Income
$-2,624,950,000.00
Pretax Margin
-54.04%

Debt

Sales & Book Value

Annual Sales
$3.19 billion
Book Value
$23.63 per share

Miscellaneous

Free Float
158,528,000
Market Cap
$16.96 billion
Optionable
Not Optionable
Beta
2.75
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

  • Mr. Brian  ArmstrongMr. Brian Armstrong (Age 40)
    Co-Founder, Chairman & CEO
    Comp: $7.47M
  • Ms. Emilie M. ChoiMs. Emilie M. Choi (Age 44)
    Pres & COO
    Comp: $1.03M
  • Mr. Frederick Ernest Ehrsam IIIMr. Frederick Ernest Ehrsam III (Age 34)
    Co-Founder & Director
  • Ms. Alesia Jeanne Haas (Age 46)
    Chief Financial Officer
    Comp: $732.17k
  • Mr. Paul  GrewalMr. Paul Grewal (Age 51)
    Chief Legal Officer & Corp. Sec.
    Comp: $732.17k
  • Jennifer N. JonesJennifer N. Jones
    Chief Accounting Officer
  • Mr. Anil K. Gupta
    VP of Investor Relations
  • Mr. Lawrence J. Brock (Age 51)
    Chief People Officer
  • Mr. Faryar Shirzad
    Chief Policy Officer
  • Mr. Manish Gupta
    Exec. VP of Engineering













COIN Stock - Frequently Asked Questions

Should I buy or sell Coinbase Global stock right now?

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Coinbase Global in the last year. There are currently 7 sell ratings, 11 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" COIN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COIN, but not buy additional shares or sell existing shares.
View COIN analyst ratings
or view top-rated stocks.

What is Coinbase Global's stock price forecast for 2023?

25 equities research analysts have issued 1 year target prices for Coinbase Global's stock. Their COIN share price forecasts range from $27.00 to $145.00. On average, they expect the company's share price to reach $77.38 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
View analysts price targets for COIN
or view top-rated stocks among Wall Street analysts.

How have COIN shares performed in 2023?

Coinbase Global's stock was trading at $35.39 at the start of the year. Since then, COIN stock has increased by 102.1% and is now trading at $71.52.
View the best growth stocks for 2023 here
.

Are investors shorting Coinbase Global?

Coinbase Global saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 21,670,000 shares, a decrease of 6.1% from the August 31st total of 23,070,000 shares. Based on an average daily volume of 12,070,000 shares, the short-interest ratio is currently 1.8 days. Approximately 12.4% of the shares of the company are short sold.
View Coinbase Global's Short Interest
.

When is Coinbase Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our COIN earnings forecast
.

How were Coinbase Global's earnings last quarter?

Coinbase Global, Inc. (NASDAQ:COIN) posted its quarterly earnings results on Thursday, August, 3rd. The cryptocurrency exchange reported ($0.42) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.78) by $0.36. The cryptocurrency exchange had revenue of $707.91 million for the quarter, compared to analysts' expectations of $627.60 million. Coinbase Global had a negative trailing twelve-month return on equity of 20.68% and a negative net margin of 47.33%. The business's revenue for the quarter was down 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($4.95) earnings per share.

When did Coinbase Global IPO?

(COIN) raised $0 in an initial public offering on Wednesday, April 14th 2021. The company issued 114,900,000 shares at $0.00 per share. Goldman Sachs, JPMorgan, Allen & Co. and Citigroup served as the underwriters for the IPO.

What is Coinbase Global's stock symbol?

Coinbase Global trades on the NASDAQ under the ticker symbol "COIN."

Who are Coinbase Global's major shareholders?

Coinbase Global's stock is owned by a variety of institutional and retail investors. Top institutional investors include ARK Investment Management LLC (5.17%), Bank Julius Baer & Co. Ltd Zurich (4.83%), Sumitomo Mitsui Trust Holdings Inc. (3.91%), Citadel Advisors LLC (0.00%), Renaissance Technologies LLC (1.30%) and Geode Capital Management LLC (1.07%). Insiders that own company stock include Alesia J Haas, Brian Armstrong, Emilie Choi, Frederick Ernest Ehrsam III, Frederick R Wilson, Gokul Rajaram, Jennifer N Jones, Kathryn Haun, Lawrence J Brock, Marc L Andreessen, Paul Grewal, Square Ventures 2012 Fun Union, Surojit Chatterjee and Tobias Lutke.
View institutional ownership trends
.

How do I buy shares of Coinbase Global?

Shares of COIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Coinbase Global's stock price today?

One share of COIN stock can currently be purchased for approximately $71.52.

How much money does Coinbase Global make?

Coinbase Global (NASDAQ:COIN) has a market capitalization of $16.96 billion and generates $3.19 billion in revenue each year. The cryptocurrency exchange earns $-2,624,950,000.00 in net income (profit) each year or ($5.65) on an earnings per share basis.

How many employees does Coinbase Global have?

The company employs 4,510 workers across the globe.

How can I contact Coinbase Global?

Coinbase Global's mailing address is C/O THE CORPORATION TRUST COMPANY 1209 ORANGE STREET, WILMINGTON DE, 19801. The official website for the company is www.coinbase.com. The cryptocurrency exchange can be reached via phone at 302-777-0200 or via email at investor@coinbase.com.

This page (NASDAQ:COIN) was last updated on 9/28/2023 by MarketBeat.com Staff

My Account -