Coinbase Stock Today

COIN -  USA Stock  

USD 280.61  20.61  7.93%

Coinbase Global is selling for 280.61 as of the 17th of October 2021. This is a 7.93 percent increase since the beginning of the trading day. The stock's open price was 260.0. Coinbase Global has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Coinbase Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of September 2021 and ending today, the 17th of October 2021. Click here to learn more.
 Market Performance
9 of 100
  Odds Of Distress
Less than 40
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy. The company 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 141.79 M outstanding shares of which 4.62 M shares are currently shorted by private and institutional investors with about 1.32 trading days to cover. More on Coinbase Global

Coinbase Global Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Coinbase Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Coinbase Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Coinbase Global has very high historical volatility over the last 90 days
Latest headline from Macroaxis: Will Hubspot and Coinbase Global deliver in November
Coinbase Global Fama & French Banking
Banking
Fama & French Classification
Coinbase Global SEC Filings
Coinbase Global SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameCoinbase Global
Thematic Classifications
Active investing themes Coinbase currently participates. (view all). An investing theme is an unweighted collection of funds, stocks, ETFs or cryptocurrencies
    Technology
Average Analyst Recommendation
Analysts covering Coinbase Global report their recommendations after researching Coinbase Global's financial statements, talking to executives and customers, or listening in on Coinbase Global's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Coinbase Global. The Coinbase consensus assessment is calculated by taking the average forecast from all of the analysts covering Coinbase Global.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Coinbase Global based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Coinbase Global financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 5 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares73.8 M68.7 M
Notably Up
Increasing
Slightly volatile
Weighted Average Shares Diluted92.2 M91.2 M
Fairly Up
Increasing
Slightly volatile
Net Cash Flow from Operations2.4 BB
Significantly Down
Increasing
Slightly volatile
Total Assets5.5 B5.9 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities3.9 B4.3 B
Moderately Down
Increasing
Slightly volatile
Current Assets4.8 B5.1 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities3.8 B4.2 B
Moderately Down
Increasing
Slightly volatile
Total Debt347 M379.1 M
Significantly Down
Increasing
Slightly volatile
Return on Average Assets0.02330.0234
Slightly Down
Decreasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.280.28
Steady
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Coinbase Global's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Coinbase Global's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Coinbase Global's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to 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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Coinbase Global's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Coinbase Global deploys its capital and how much of that capital is borrowed.
Coinbase Global (COIN) is traded on NASDAQ Exchange in USA. It is located in 1209 Orange Street Wilmington and employs 2,176 people. Coinbase Global is listed under Banking category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with current market capitalization of 73.49 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Coinbase Global's market, we take the total number of its shares issued and multiply it by Coinbase Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Coinbase Global conducts business under Technology sector and is part of Software—Application industry. The entity has 141.79 M outstanding shares of which 4.62 M shares are currently shorted by private and institutional investors with about 1.32 trading days to cover. Coinbase Global currently holds about 4.39 B in cash with 9.76 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.8.
Check Coinbase Global Probability Of Bankruptcy
Ownership
Coinbase Global retains a total of 141.79 Million outstanding shares. Almost 70.0 percent of Coinbase Global outstanding shares are held by regular investors with 1.84 (percent) owned by insiders and only 28.22 % by other corporate entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Coinbase Ownership Details

Coinbase Stock Price Odds Analysis

What are Coinbase Global's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of Coinbase Global jumping above the current price in 90 days from now is about 1.34%. The Coinbase Global probability density function shows the probability of Coinbase Global stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1996 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Coinbase Global will likely underperform. Additionally, the company has an alpha of 0.3708, implying that it can generate a 0.37 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 280.61HorizonTargetOdds Up 280.61 
98.64%90 days
 280.61 
1.34%
Based on a normal probability distribution, the odds of Coinbase Global to move above the current price in 90 days from now is about 1.34 (This Coinbase Global probability density function shows the probability of Coinbase Stock to fall within a particular range of prices over 90 days) .

Coinbase Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Coinbase Global that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Coinbase Global's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Coinbase Global's value.
InstituionSecurity TypeTotal SharesValue
Mass General Brigham IncCommon Shares128.9 K29.3 M
Axel Capital Management LlcCommon Shares83 K18.9 M
View Coinbase Global Diagnostics

Coinbase Global Historical Income Statement

Coinbase Global Income Statement is one of the three primary financial statements used for reporting Coinbase's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Coinbase Global revenue and expense. Coinbase Global Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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Coinbase Stock Against Markets

Picking the right benchmark for Coinbase Global stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Coinbase Global stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Coinbase Global is critical whether you are bullish or bearish towards Coinbase Global at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Coinbase Global without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Continue to Trending Equities. Note that the Coinbase Global information on this page should be used as a complementary analysis to other Coinbase Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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When running Coinbase Global price analysis, check to measure Coinbase Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coinbase Global is operating at the current time. Most of Coinbase Global's value examination focuses on studying past and present price action to predict the probability of Coinbase Global's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Coinbase Global's price. Additionally, you may evaluate how the addition of Coinbase Global to your portfolios can decrease your overall portfolio volatility.
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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 underlying business (such as 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 Coinbase Global value 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.