Coinbase Global, Inc. (COIN)
| Market Cap | 41.59B |
| Revenue (ttm) | 2.78B |
| Net Income (ttm) | -735.57M |
| Shares Out | 239.11M |
| EPS (ttm) | -3.21 |
| PE Ratio | n/a |
| Forward PE | 60.24 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 19,724,384 |
| Open | 186.06 |
| Previous Close | 186.36 |
| Day's Range | 171.00 - 187.25 |
| 52-Week Range | 31.55 - 187.39 |
| Beta | 3.06 |
| Analysts | Hold |
| Price Target | 90.96 (-47.7%) |
| Earnings Date | Feb 20, 2024 |
About COIN
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. It offers the primary financial account in the cryptoeconomy for consumers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable developers to build crypto-based applications and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for COIN stock is "Hold." The 12-month stock price forecast is $90.96, which is a decrease of -47.70% from the latest price.
News
Cathie Wood's ARK invests in bitcoin futures ETF, sells Coinbase shares
Dec 28 (Reuters) - Cathie Wood's ARK Invest bought 4.3 million shares of ProShares Bitcoin Strategy ETF, which is popularly known as 'BITO' and tracks the price of futures tied to the world's largest ...
Crypto-Related Company Stocks Jump as Digital Currency Rally Continues
Stocks related to the cryptocurrency industry advanced Wednesday as Bitcoin (BTC) and most other digital currencies continued their recent rally.
MicroStrategy Bought $615 Million in Bitcoin. It Joins Coinbase in a Crypto-Stock Rally.
Coinbase Global and MicroStrategy were leading a raft of cryptocurrency-related stocks higher on Wednesday. The companies are among those being boosted by Bitcoin's rally.
Bitcoin's 2023 rally drove some of the stock market's biggest gains this year
Shares of Marathon Digital, Coinbase, MicroStrategy and the Grayscale Bitcoin Trust all jumped more than 300% in 2023, double the gains in bitcoin
Crypto stocks vs. crypto assets: The risks and rewards of each investing strategy
CNBC Crypto World explores the pros and cons of investing in a crypto-focused stock, like Coinbase, compared to investing in the crypto token itself, like bitcoin or ether.
Coinbase CEO discusses why he believes crypto is 'the future of money'
As optimism grows for the Securities and Exchange Commission (SEC) to approve a spot bitcoin ETF (BTC-USD), Coinbase (COIN) CEO Brian Armstrong sits down with Yahoo Finance Executive Editor Brian Sozz...
How Coinbase could become more than a crypto exchange
Coinbase (COIN) received a virtual asset service provide license in France, meaning it can operate crypto services in the country. Needham and Company Senior Analyst John Todaro joined Yahoo Finance t...
Coinbase has registered as a VASP in France
Coinbase Global Inc (NASDAQ: COIN) says it has successfully registered as a virtual asset service provider (VASP) in France. Its shares are up 4.0% on Thursday.
Coinbase secures crypto license in France - CNBC
Dec 21 (Reuters) - Cryptocurrency exchange Coinbase Global (COIN.O) secured registration with the French markets regulator, CNBC reported on Thursday, citing a company spokesperson.
Coinbase secures crypto license in France amid broader global push
Cryptocurrency exchange Coinbase Global secured registration with the French markets regulator on Thursday, as it seeks to expand globally under its Go Deep, Go Broad strategy.
Coinbase secures crypto license in France, expanding further in Europe amid rift with the SEC
France's AMF watchdog gave Coinbase a virtual asset service provider approval, which is effectively a green light to operate crypto services in the country.
These Russel 1000 stocks jumped by >250% in 2023
The Russell 1000 index had a strong performance in 2023 as hopes of rate cuts intersected with the enthusiasm of artificial intelligence (AI). The index, which tracks 1,000 companies, rose by over 24%...
Coinbase petitions court to review SEC denial of its request for crypto rules
Coinbase filed a petition in a federal appeals court requesting a review of a decision by the U.S. Securities and Exchange Commission to deny the crypto exchange's request for new rules for the digita...
How a big, messy ‘cleanup' in crypto could pave way for a more regulated, mature market in 2024
After what industry participants are calling a big, messy “cleanup” of the digital asset industry, crypto bulls are hopeful that the fledgling space will be anchored by more established, regulated pla...
SEC Denies Petition for New Crypto Rules; Coinbase Seeks Judicial Review
Cryptocurrency exchange Coinbase plans to seek a judicial review of a decision by the Securities and Exchange Commission (SEC) to deny its petition for new rules in the digital asset sector. The SEC,...
SEC rejects Coinbase petition for new crypto regulations
The US Securities and Exchange Commission (SEC) denied crypto trading platform Coinbase's (COIN) petition for an enhanced regulatory framework on cryptocurrencies and digital assets. About Yahoo Finan...
SEC denies Coinbase's demand for new crypto rules ahead of 2024 showdown
Federal financial regulators are girding for a fight with crypto exchange Coinbase in court next year, and set the stage Friday by dismissing a petition by the company to craft new, tailored rules for...
US SEC says no to new crypto rules; Coinbase to challenge
The U.S. Securities and Exchange Commission on Friday denied a petition by Coinbase Global seeking new rules from the agency for the digital asset sector, which the country's largest crypto exchange s...
Will the rally in crypto stocks continue into the new year?
One piece of good news for crypto investors is the Federal Reserve's indication that it will begin cutting interest rates in 2024. Higher interest rates can chase investors away from investments such ...
What a Bear Got Wrong on Coinbase
Shares in the crypto broker have marched higher and higher this year in the face of multiple pressures.
Coinbase's international exchange to launch spot crypto trading
Coinbase will start offering spot crypto trading services on its international exchange from Thursday, the company said, as it expands beyond the U.S.
3 Charts For Investors to Watch Tuesday: Coinbase, Shake Shack, SOXX ETF
Here's our daily look at three charts tied to news-driven price moves on Monday, with key technical levels to monitor.
Coinbase Is Trading Near a 20-Month High. This Week Has Been a Rollercoaster.
The cryptocurrency broker tends to move with Bitcoin, which is also rising.
Coinbase Stock Is Falling—and ARK's Cathie Wood Is Selling
Shares in the crypto broker have outperformed Bitcoin, but the stock has pared gains in recent days.
Coinbase Wallet now allows money transfer across WhatsApp and Telegram
Coinbase Wallet has announced support for new features that will allow users to send and receive money across major social media apps. It's like sending a text, the crypto platform noted.