Coinbase Global Inc is a software-application business based in the US. Coinbase Global shares (COIN) are listed on the NASDAQ and all prices are listed in US Dollars. Coinbase Global employs 2,176 staff and has a trailing 12-month revenue of around USD$4.9 billion.
How to buy shares in Coinbase Global
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – COIN – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Is it a good time to buy Coinbase Global stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
What's in this guide?
- Can I buy shares in Coinbase Global?
- Coinbase Global shares summary
- Compare share dealing platforms
- Is Coinbase Global stock a buy or sell?
- Coinbase Global performance over time
- Can I short Coinbase Global shares?
- Are Coinbase Global shares over-valued?
- Coinbase Global's financials
- Does Coinbase Global pay a dividend?
- Other common questions
Coinbase Global stock priceUse our graph to track the performance of COIN stocks over time.
Coinbase Global shares at a glance
|Latest market close||$300.84|
|52-week range||$208.00 - $429.54|
|50-day moving average||$247.94|
|200-day moving average||$252.13|
|Wall St. target price||$378.85|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$13.58|
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Note: The dollar amounts in the table below are in Canadian dollars.
Coinbase Global price performance over time
|1 week (2021-10-14)||15.71%|
|1 month (2021-09-24)||29.77%|
|3 months (2021-07-23)||33.75%|
|6 months (2021-04-23)||3.17%|
|1 year (2020-10-20)||N/A|
|2 years (2019-10-20)||N/A|
|3 years (2018-10-20)||N/A|
|5 years (2016-10-20)||N/A|
Is Coinbase Global under- or over-valued?
Valuing Coinbase Global stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Coinbase Global's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Coinbase Global's P/E ratio
Coinbase Global's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Coinbase Global shares trade at around 21x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Coinbase Global's PEG ratio
Coinbase Global's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9412. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Coinbase Global's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Coinbase Global's EBITDA
Coinbase Global's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.1 billion.
The EBITDA is a measure of a Coinbase Global's overall financial performance and is widely used to measure a its profitability.
Coinbase Global financials
|Revenue TTM||$4.9 billion|
|Operating margin TTM||61.36%|
|Gross profit TTM||$1.3 billion|
|Return on assets TTM||20.15%|
|Return on equity TTM||91.35%|
|Market capitalisation||$73.5 billion|
TTM: trailing 12 months
Shorting Coinbase Global shares
There are currently 5.6 million Coinbase Global shares held short by investors – that's known as Coinbase Global's "short interest". This figure is 23.9% up from 4.5 million last month.
There are a few different ways that this level of interest in shorting Coinbase Global shares can be evaluated.
Coinbase Global's "short interest ratio" (SIR)
Coinbase Global's "short interest ratio" (SIR) is the quantity of Coinbase Global shares currently shorted divided by the average quantity of Coinbase Global shares traded daily (recently around 3.3 million). Coinbase Global's SIR currently stands at 1.71. In other words for every 100,000 Coinbase Global shares traded daily on the market, roughly 1710 shares are currently held short.
However Coinbase Global's short interest can also be evaluated against the total number of Coinbase Global shares, or, against the total number of tradable Coinbase Global shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Coinbase Global's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Coinbase Global shares in existence, roughly 30 shares are currently held short) or 0.0417% of the tradable shares (for every 100,000 tradable Coinbase Global shares, roughly 42 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Coinbase Global.
Coinbase Global share dividends
We're not expecting Coinbase Global to pay a dividend over the next 12 months.
Coinbase Global overview
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy. It offers the primary financial account in the cryptoeconomy for retail users; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware. .
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Frequently asked questions
Coinbase Global in the news
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