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Coinbase (COIN) is the first publicly traded cryptocurrency exchange, capturing hearts and minds on Wall Street. It offers retail and institutional investors a regulated platform for buying and selling digital assets (like bitcoin).
As the crypto industry grows, so does Coinbase’s potential, but it remains a highly volatile stock, with revenue tied to trading volume. For investors bullish on crypto, buying Coinbase shares offers a way to capitalize on the digital asset revolution—but regulatory risks and bear markets could pose challenges.
Note: The dollar amounts in the table below are in Canadian dollars.
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.
Latest market close | $190.38 |
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52-week range | $146.12 - $349.75 |
50-day moving average | $255.44 |
200-day moving average | $235.10 |
Wall St. target price | $324.92 |
PE ratio | 18.7226 |
Dividend yield | N/A |
Earnings per share (TTM) | $9.48 |
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.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing Coinbase stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Coinbase's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Coinbase's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Coinbase shares trade at around 19x 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 stock or simply that they're under-valued.
Coinbase's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.2563. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Coinbase's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.
Coinbase's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.2 billion.
The EBITDA is a measure of a Coinbase's overall financial performance and is widely used to measure a its profitability.
Revenue TTM | $6.3 billion |
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Operating margin TTM | 32.55% |
Gross profit TTM | $5.4 billion |
Return on assets TTM | 6.83% |
Return on equity TTM | 31.15% |
Profit margin | 40.98% |
Book value | $40.52 |
Market Capitalization | $45.1 billion |
TTM: trailing 12 months
We're not expecting Coinbase to pay a dividend over the next 12 months.
Over the last 12 months, Coinbase's stocks have ranged in value from as little as $146.12 up to $349.75. A popular way to gauge a stock's volatility is its "beta."
Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Coinbase's is 3.664. This would suggest that Coinbase's stocks are significantly more volatile than the average for this exchange and represent a higher risk.
Coinbase Global, Inc. operates platform for crypto assets in the United States and internationally. It offers the primary financial account in the crypto economy for consumers; a brokerage platform with a pool of liquidity across the crypto marketplace for institutions; and a suite of products granting access to build onchain for developers. The company was founded in 2012 and is based in New York, New York..
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