Regulatory Tightrope | Coinbase navigates complex legal challenges amid shifting regulatory landscape, balancing potential benefits and risks for the crypto industry |
Market Momentum | Explore Coinbase's robust stock performance and trading volume growth, outpacing the total crypto market cap and benefiting from spot ETF approvals |
Financial Outlook | Analyst projections for Coinbase vary, with revenue estimates ranging from $5.9 billion and adjusted EBITDA expected to reach $2.9 billion for fiscal year 2024 |
Growth Horizons | Delve into Coinbase's expansion beyond core exchange services, exploring blockchain applications in payments, remittance, and web development |
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.
Metrics to compare | COIN | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCOINPeersSector | |
---|---|---|---|---|
P/E Ratio | 32.9x | 0.1x | 8.7x | |
PEG Ratio | 0.17 | −0.01 | 0.03 | |
Price/Book | 5.8x | 1.8x | 1.0x | |
Price / LTM Sales | 10.9x | 2.9x | 2.7x | |
Upside (Analyst Target) | 24.8% | 18.1% | 10.7% | |
Fair Value Upside | Unlock | 9.2% | 2.9% | Unlock |