Coinbase is a financial data & stock exchanges business based in the US. Coinbase shares (COIN) are listed on the NASDAQ and all prices are listed in US Dollars. Coinbase employs 3,416 staff and has a trailing 12-month revenue of around $3.8 billion.
June 25, 2024: Coinbase stock has dipped by 6% yesterday and over 11% in the past week as it mirrors a dip in Bitcoin's price.
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| Latest market close | $265.15 |
|---|---|
| 52-week range | $69.63 - $283.48 |
| 50-day moving average | $228.65 |
| 200-day moving average | $176.66 |
| Wall St. target price | $263.42 |
| PE ratio | 45.6438 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $5.11 |
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.
Historical closes compared with the close of $265.15 from 2024-07-22
| 1 week (2024-07-17) | 6.44% |
|---|---|
| 1 month (2024-06-24) | 24.89% |
| 3 months (2024-04-24) | 18.18% |
| 6 months (2024-01-24) | 118.52% |
| 1 year (2023-07-24) | 168.23% |
|---|---|
| 2 years (2022-07-22) | 274.40% |
| 3 years (2021-07-23) | 17.89% |
| 5 years (2019-07-20) | N/A |
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 46x. In other words, Coinbase shares trade at around 46x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, Coinbase's P/E ratio is best considered in relation to those of others within the financial data & stock exchanges industry or those of similar companies.
Coinbase's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.4435. 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's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
However, it's sensible to consider Coinbase's PEG ratio in relation to those of similar companies.
Coinbase's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $532.7 million.
The EBITDA is a measure of a Coinbase's overall financial performance and is widely used to measure a its profitability.
To put Coinbase's EBITDA into context you can compare it against that of similar companies.
| Revenue TTM | $3.8 billion |
|---|---|
| Operating margin TTM | 39.32% |
| Gross profit TTM | $2.5 billion |
| Return on assets TTM | 0.1% |
| Return on equity TTM | 19.64% |
| Profit margin | 35.74% |
| Book value | $32.89 |
| Market Capitalization | $57.3 billion |
TTM: trailing 12 months
We're not expecting Coinbase to pay a dividend over the next 12 months.
You may also wish to consider:
Over the last 12 months, Coinbase's shares have ranged in value from as little as $69.63 up to $283.48. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Coinbase's is 3.404. This would suggest that Coinbase's shares are significantly more volatile than the average for this exchange and represent a higher risk.
To put Coinbase's beta into context you can compare it against those of similar companies.
Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions. It also provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware. .
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