Coinbase Global (COIN) Competitors

$199.17
-20.74 (-9.43%)
(As of 05/16/2024 ET)

COIN vs. SQ, PYPL, GPN, SYF, AFRM, BILL, DLO, MQ, AXP, and TRV

Should you be buying Coinbase Global stock or one of its competitors? The main competitors of Coinbase Global include Block (SQ), PayPal (PYPL), Global Payments (GPN), Synchrony Financial (SYF), Affirm (AFRM), BILL (BILL), DLocal (DLO), Marqeta (MQ), American Express (AXP), and Travelers Companies (TRV).

Coinbase Global vs.

Block (NYSE:SQ) and Coinbase Global (NASDAQ:COIN) are both large-cap business services companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, risk, profitability, dividends, earnings, media sentiment and community ranking.

Coinbase Global has a net margin of 33.98% compared to Coinbase Global's net margin of 2.18%. Block's return on equity of 9.42% beat Coinbase Global's return on equity.

Company Net Margins Return on Equity Return on Assets
Block2.18% 2.04% 1.12%
Coinbase Global 33.98%9.42%0.30%

Coinbase Global has lower revenue, but higher earnings than Block. Coinbase Global is trading at a lower price-to-earnings ratio than Block, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Block$21.92B2.02$9.77M$0.7793.23
Coinbase Global$3.11B15.73$94.87M$5.0139.75

Block has a beta of 2.57, suggesting that its share price is 157% more volatile than the S&P 500. Comparatively, Coinbase Global has a beta of 3.46, suggesting that its share price is 246% more volatile than the S&P 500.

Block received 1294 more outperform votes than Coinbase Global when rated by MarketBeat users. Likewise, 69.52% of users gave Block an outperform vote while only 42.96% of users gave Coinbase Global an outperform vote.

CompanyUnderperformOutperform
BlockOutperform Votes
1419
69.52%
Underperform Votes
622
30.48%
Coinbase GlobalOutperform Votes
125
42.96%
Underperform Votes
166
57.04%

Block presently has a consensus price target of $87.59, suggesting a potential upside of 22.01%. Coinbase Global has a consensus price target of $208.72, suggesting a potential upside of 4.80%. Given Coinbase Global's stronger consensus rating and higher probable upside, equities analysts clearly believe Block is more favorable than Coinbase Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Block
1 Sell rating(s)
6 Hold rating(s)
27 Buy rating(s)
0 Strong Buy rating(s)
2.76
Coinbase Global
3 Sell rating(s)
8 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.30

In the previous week, Coinbase Global had 33 more articles in the media than Block. MarketBeat recorded 50 mentions for Coinbase Global and 17 mentions for Block. Coinbase Global's average media sentiment score of 0.72 beat Block's score of 0.47 indicating that Block is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Block
14 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Coinbase Global
19 Very Positive mention(s)
4 Positive mention(s)
13 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral

70.4% of Block shares are held by institutional investors. Comparatively, 68.8% of Coinbase Global shares are held by institutional investors. 10.8% of Block shares are held by insiders. Comparatively, 33.2% of Coinbase Global shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Block beats Coinbase Global on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding COIN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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COIN vs. The Competition

MetricCoinbase GlobalNondepository credit institutions IndustryFinance SectorNASDAQ Exchange
Market Cap$48.91B$6.41B$9.31B$7.96B
Dividend YieldN/A5.28%10.45%3.93%
P/E Ratio39.7510.8955.2418.77
Price / Sales15.737.123,458.7279.11
Price / Cash138.5129.7627.3131.19
Price / Book6.061.873.024.47
Net Income$94.87M$434.66M$997.37M$217.14M
7 Day Performance-5.36%1.34%0.96%1.87%
1 Month Performance-8.98%9.97%4.69%5.31%
1 Year Performance244.11%38.32%20.09%11.55%

Coinbase Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SQ
Block
4.0725 of 5 stars
$71.17
+2.1%
$87.59
+23.1%
+25.7%$43.91B$21.92B92.4312,985
PYPL
PayPal
4.5636 of 5 stars
$64.58
+1.0%
$72.73
+12.6%
+2.7%$67.55B$30.43B16.2727,200Analyst Upgrade
GPN
Global Payments
4.996 of 5 stars
$110.19
+0.7%
$150.00
+36.1%
+5.6%$28.13B$9.78B21.8627,000Analyst Upgrade
SYF
Synchrony Financial
4.7569 of 5 stars
$45.18
+0.6%
$43.74
-3.2%
+57.8%$18.14B$20.71B6.4820,000Analyst Revision
AFRM
Affirm
1.2128 of 5 stars
$33.44
+4.5%
$27.53
-17.7%
+152.3%$10.26B$1.59B-15.002,171Gap Up
BILL
BILL
4.6189 of 5 stars
$58.71
+0.3%
$97.35
+65.8%
-38.7%$6.23B$1.06B-74.322,521Short Interest ↓
DLO
DLocal
4.6016 of 5 stars
$13.58
+1.2%
$18.38
+35.3%
-32.0%$4.02B$650.35M27.71901Analyst Forecast
News Coverage
High Trading Volume
MQ
Marqeta
3.0654 of 5 stars
$5.59
-0.4%
$7.43
+33.0%
+25.2%$2.87B$676.17M-15.53771Gap Up
AXP
American Express
4.615 of 5 stars
$241.52
+1.2%
$210.71
-12.8%
+61.1%$173.73B$60.52B19.8974,600Insider Selling
Short Interest ↑
TRV
Travelers Companies
4.5421 of 5 stars
$217.59
+0.5%
$222.65
+2.3%
+17.3%$49.83B$42.90B16.1733,300

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This page (NASDAQ:COIN) was last updated on 5/16/2024 by MarketBeat.com Staff

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