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.
Regulatory Resilience | Explore Coinbase's navigation of complex regulatory landscapes, including the SEC case dismissal and potential impacts of proposed crypto legislation |
Strategic Expansion | Delve into Coinbase's diversification efforts, including the Deribit acquisition and stablecoin initiatives, aimed at reducing reliance on volatile trading revenues |
Market Dominance | Learn how Coinbase maintains its 66% U.S. market share amidst increasing competition from traditional finance and crypto-native platforms |
Future Prospects | Analyst price targets range from $195 to $400, reflecting varied views on Coinbase's growth potential in the evolving crypto ecosystem |
Metrics to compare | COIN | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCOINPeersSector | |
---|---|---|---|---|
P/E Ratio | 68.0x | −3.0x | 9.6x | |
PEG Ratio | 13.30 | 0.02 | 0.03 | |
Price/Book | 9.5x | 1.3x | 1.0x | |
Price / LTM Sales | 15.0x | 1.7x | 2.9x | |
Upside (Analyst Target) | −10.6% | 16.6% | 10.3% | |
Fair Value Upside | Unlock | 18.8% | 2.0% | Unlock |