Coinbase Global Inc
General ticker "COIN" information:
- Sector: Financials
- Industry: Capital Markets
- Capitalization: $76.3B
Coinbase Global Inc follows the US Stock Market performance with the rate: 50.0%.
Estimated limits based on current volatility of 4.2%: low 270.01$, high 293.62$
Factors to consider:
- US accounted for 87.7% of revenue in the fiscal year ended 2023-12-31
- Current price 51.9% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [98.50$, 183.47$]
- 2024-12-30 to 2025-12-30 estimated range: [86.30$, 164.16$]
Financial Metrics affecting the COIN estimates:
- Negative: Operating profit margin, % of -5.01 <= 1.03
- Positive: 0.10 < Non-GAAP EPS, $ of 0.76
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 0.05
- Negative: Operating cash flow per share per price, % of 2.69 <= 7.18
- Positive: Interest expense per share, $ of 0.35 <= 0.74
Short-term COIN quotes
Long-term COIN plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $7,362.30MM | $3,119.61MM | $3,065.12MM |
| Operating Expenses | $4,285.73MM | $5,829.82MM | $3,226.78MM |
| Operating Income | $3,076.57MM | $-2,710.21MM | $-161.66MM |
| Non-Operating Income | $-49.62MM | $-354.37MM | $84.82MM |
| Interest Expense | $29.16MM | $88.90MM | $82.77MM |
| R&D Expense | $1,291.56MM | $2,326.35MM | $1,324.54MM |
| Income(Loss) | $3,026.95MM | $-3,064.58MM | $-76.84MM |
| Taxes | $-597.17MM | $-439.63MM | $-171.72MM |
| Profit(Loss) | $3,624.12MM | $-2,624.95MM | $94.87MM |
| Stockholders Equity | $6,381.69MM | $5,454.56MM | $6,281.65MM |
| Inventory | $10,690.09MM | $80,678.39MM | $4,714.12MM |
| Assets | $21,274.42MM | $89,724.87MM | $206,982.95MM |
| Operating Cash Flow | $10,730.03MM | $-1,585.42MM | $922.95MM |
| Capital expenditure | $85.78MM | $63.97MM | $63.20MM |
| Investing Cash Flow | $-1,124.74MM | $-663.82MM | $5.39MM |
| Financing Cash Flow | $3,284.22MM | $-5,838.52MM | $-811.33MM |
| Earnings Per Share* | $14.26 | $-11.81 | $0.40 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.