Coinbase Global, Inc.(COIN) - Stock detail

Coinbase Global, Inc.

US
COIN
Coinbase Global, Inc.(Listing date: 04/14/2021)

Coinbase Global, Inc. was founded in Delaware in May 2012 by Brian Armstrong and Fred Ehrsam, with its headquarters located in San Francisco, California, USA. It has 1,249 full-time employees and operates as a digital currency exchange. They facilitate the trading of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Tezos, and many other cryptocurrencies. It enables trading and storage using fiat currencies in approximately 32 countries and Bitcoin in 190 countries worldwide. By trading volume, Coinbase is currently the largest cryptocurrency exchange in the United States. Nearly all of Coinbase's revenue comes from the trading of BTC and ETH.

AI Rating

Rating methodology
Latest close (chg%)163.22-6.19%
Buy price
163.00
Target price148.00
Sell price159.00
P/E TTM41.32
P/E20.84
Confidence78%
Risk score85/100
AI Summary
Confluence of failed bullish catalyst (CFTC futures approval), deteriorating fundamentals (Q1 revenue decline -30.54% YoY, net loss -$394M), and confirmed technical breakdown (price below all key moving averages, MACD -5.36) creates high-probability short opportunity. Market rejected positive narrative with bearish price action.

Alpha Score

0-10
  • Trend（Score 2/10）

    Technical analysis for COIN presents an unequivocally bearish picture with a confirmed downtrend, trading below all key moving averages and showing accelerating bearish momentum.

  • Valuation（Score 3/10）

    Valuation metrics suggest the stock is richly valued relative to current fundamentals. The P/E(TTM) of 41.32 is very high, especially given recent losses, though forward P/E of 20.84 suggests expected earnings improvement. Current price is near the lower end of recent trading range, with fair value estimated at $150-$180.

  • Financial strength（Score 5/10）
    Financial health shows mixed signals with sufficient short-term liquidity but moderate leverage. Recent quarterly performance has deteriorated significantly, highlighting extreme sensitivity to crypto market downturns.
  • Profitability（Score 3/10）
    Profitability is highly inconsistent and volatile, reflecting the cyclical nature of the cryptocurrency industry. TTM metrics show mediocre returns, while quarterly performance shows wild swings from peak profitability to substantial losses in the most recent quarter.
  • Sentiment（Score 0/10）
    No summary available
Latest price
$163.22-6.19%
Market cap43B
P/E TTM41.32
P/E20.84
Volume9.44M
Turnover1.58B