At the time of writing, Coinbase Global Inc [COIN] stock is trading at $212.55, up 3.30%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The COIN shares have gain 0.03% over the last week, with a monthly amount drifted -27.04%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Coinbase Global Inc [NASDAQ: COIN] stock has seen the most recent analyst activity on January 29, 2025, when Mizuho upgraded its rating to a Outperform and also boosted its price target to $290 from $250. Previously, Monness Crespi & Hardt reaffirmed its Buy rating on December 19, 2024, and elevated its price target to $390. On November 25, 2024, Oppenheimer reiterated its Outperform rating and revised its price target to $358 on the stock. Monness Crespi & Hardt started tracking the stock assigning a Buy rating and suggested a price target of $245 on October 28, 2024. B. Riley Securities initiated its recommendation with a Neutral and recommended $185 as its price target on October 23, 2024. Barclays upgraded its rating to Equal Weight for this stock on September 06, 2024, and downed its price target to $169. In a note dated July 23, 2024, Citigroup upgraded an Buy rating on this stock and boosted its target price from $260 to $345.
For the past year, the stock price of Coinbase Global Inc fluctuated between $146.12 and $349.75. Currently, Wall Street analysts expect the stock to reach $289.83 within the next 12 months. Coinbase Global Inc [NASDAQ: COIN] shares were valued at $212.55 at the most recent close of the market. An investor can expect a potential return of 36.36% based on the average COIN price forecast.
Analyzing the COIN fundamentals
According to Coinbase Global Inc [NASDAQ:COIN], the company’s sales were 7.23B for trailing twelve months, which represents an 138.17% jump. Gross Profit Margin for this corporation currently stands at 0.86% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.47%, and Net Profit Margin reading is 0.41%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.29 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 197.45 points at the first support level, and at 182.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 223.30, and for the 2nd resistance point, it is at 234.04.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 7.47, the price to book ratio is 5.25 and price to earnings (TTM) ratio is 22.39.
Transactions by insiders
Recent insider trading involved Brian Armstrong, Officer, that happened on Mar 03 ’25 when 25000.0 shares were purchased. Officer, LAWRENCE J BROCK & JENNIFER M completed a deal on Mar 03 ’25 to buy 4869.0 shares. Meanwhile, Chief Legal Officer Grewal Paul sold 10978.0 shares on Feb 25 ’25.
