Coinbase Global Stock Today

COIN Stock  USD 310.98  0.00  0.00%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Coinbase Global is selling at 310.98 as of the 28th of November 2024; that is No Change since the beginning of the trading day. The stock's open price was 310.98001. Coinbase Global has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Note, on February 15, 2024, Representative Garret Graves of US Congress acquired under $15k worth of Coinbase Global's common stock.
Business Domain
Financial Services
IPO Date
14th of April 2021
Classification
Financials
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware. Coinbase Global operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 204.91 M outstanding shares of which 8.82 M shares are currently shorted by private and institutional investors with about 0.57 trading days to cover. More on Coinbase Global

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Moving against Coinbase Stock

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Coinbase Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President COOEmilie Choi
Thematic Ideas
(View all Themes)
Old Names[Coin Hodl Inc, Tokens.com Corp]
Business ConcentrationDiversified Capital Markets, Financial Data & Stock Exchanges, Financial Services, NASDAQ Composite, Data Storage, Banks, Technology, Financials, Capital Markets, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.01430.015
Notably Down
Slightly volatile
Gross Profit Margin0.940.8647
Significantly Up
Slightly volatile
Total Current Liabilities207.6 B197.7 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.3 BB
Significantly Down
Slightly volatile
Total Assets217.3 B207 B
Sufficiently Up
Slightly volatile
Total Current Assets213.6 B203.5 B
Sufficiently Up
Slightly volatile
Debt Levels
Coinbase Global can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Coinbase Global's financial leverage. It provides some insight into what part of Coinbase Global's total assets is financed by creditors.
Liquidity
Coinbase Global currently holds 3.06 B in liabilities with Debt to Equity (D/E) ratio of 0.65, which is about average as compared to similar companies. Coinbase Global has a current ratio of 1.03, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Coinbase Global's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

816.76 Million
Coinbase Global (COIN) is traded on NASDAQ Exchange in USA. It is located in 251 Little Falls Drive, Wilmington, DE, United States, 19808 and employs 3,416 people. Coinbase Global is listed under Diversified Capital Markets category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 73.43 B. Coinbase Global conducts business under Capital Markets sector and is part of Financials industry. The entity has 204.91 M outstanding shares of which 8.82 M shares are currently shorted by private and institutional investors with about 0.57 trading days to cover. Coinbase Global currently holds about 5.01 B in cash with 922.95 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.07.
Check Coinbase Global Probability Of Bankruptcy
Ownership Allocation
Coinbase Global holds a total of 204.91 Million outstanding shares. Over half of Coinbase Global's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. On February 15, 2024, Representative Garret Graves of US Congress acquired under $15k worth of Coinbase Global's common stock.
Check Coinbase Ownership Details

Coinbase Stock Institutional Holders

InstituionRecorded OnShares
Norges Bank2024-06-30
2.1 M
A16z Perennial Management Lp2024-09-30
1.8 M
Cowen And Company, Llc2024-06-30
1.5 M
Legal & General Group Plc2024-06-30
1.2 M
Hudson Bay Capital Management Lp2024-09-30
1.1 M
Sozo Ventures Gp Ii, L.p.2024-09-30
1.1 M
Northern Trust Corp2024-09-30
1.1 M
Deutsche Bank Ag2024-06-30
992.2 K
Charles Schwab Investment Management Inc2024-09-30
919.1 K
Vanguard Group Inc2024-09-30
18.3 M
Blackrock Inc2024-06-30
11 M
View Coinbase Global Diagnostics

Coinbase Global Historical Income Statement

At this time, Coinbase Global's Total Operating Expenses is very stable compared to the past year. As of the 28th of November 2024, Total Other Income Expense Net is likely to grow to about 38.2 M, while Tax Provision is likely to drop (180.3 M). View More Fundamentals

Coinbase Stock Against Markets

Coinbase Global Corporate Management

Daniel SeifertVP EMEAProfile
Brian ArmstrongChairman CoFounderProfile
Gregory TusarVice ProductProfile
Lawrence BrockChief OfficerProfile
Paul JDChief SecretaryProfile
Frederick IIICoFounder DirectorProfile
Manish GuptaExecutive EngineeringProfile
When determining whether Coinbase Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coinbase Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coinbase Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coinbase Global Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coinbase Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Diversified Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coinbase Global. If investors know Coinbase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coinbase Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.27
Earnings Share
5.9
Revenue Per Share
20.46
Quarterly Revenue Growth
0.812
Return On Assets
0.0041
The market value of Coinbase Global is measured differently than its book value, which is the value of Coinbase that is recorded on the company's balance sheet. Investors also form their own opinion of Coinbase Global's value that differs from its market value or its book value, called intrinsic value, which is Coinbase Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coinbase Global's market value can be influenced by many factors that don't directly affect Coinbase Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coinbase Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coinbase Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coinbase Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.