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.
Crypto Giant's Resilience | Coinbase demonstrates strong financial health with $6.29 billion in revenue and an 85.7% gross profit margin, showcasing its market leadership amid volatility |
Regulatory Horizons | Explore how Coinbase navigates evolving crypto regulations, including the SEC case dismissal and potential post-election policy shifts |
Beyond Trading | Delve into Coinbase's diversification strategy, from USDC stablecoin to Layer 2 solutions, aiming to reduce reliance on transaction fees |
Market Valuation | Analyst price targets for Coinbase range from $185 to $475, reflecting diverse views on the company's growth potential and industry dynamics |
Metrics to compare | COIN | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCOINPeersSector | |
---|---|---|---|---|
P/E Ratio | 17.8x | 2.2x | 8.9x | |
PEG Ratio | 0.01 | 0.00 | 0.03 | |
Price/Book | 4.5x | 1.0x | 1.0x | |
Price / LTM Sales | 7.3x | 1.5x | 2.7x | |
Upside (Analyst Target) | 82.3% | 77.4% | 18.2% | |
Fair Value Upside | Unlock | 18.6% | 3.1% | Unlock |