Coinbase Global, Inc. (COIN)
Coinbase Global, Inc. (COIN) Advances But Underperforms Market: Key Facts
The latest trading day saw Coinbase Global, Inc. (COIN) settling at $206.13, representing a +0.42% change from its previous close.
Coinbase Global, Inc. (COIN) is Attracting Investor Attention: Here is What You Should Know
Coinbase Global (COIN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
COIN Falls 30% YTD: Time to Buy the Stock Despite Expensive Valuation?
Let us delve deeper to find out what to do with COIN stock now.
Coinbase Global, Inc. (COIN) Is a Trending Stock: Facts to Know Before Betting on It
Coinbase Global (COIN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Here's Why Coinbase Global, Inc. (COIN) Gained But Lagged the Market Today
Coinbase Global, Inc. (COIN) closed at $176.58 in the latest trading session, marking a +0.62% move from the prior day.
Trump overturns Biden tax clampdown on crypto brokers
US President Donald Trump has signed a law overturning a contentious tax rule introduced in the final days of the Biden administration that expanded the definition of a broker to include decentralised cryptocurrency exchanges. The Internal Revenue Service (IRS) had updated its reporting guidelines to include DeFi platforms, requiring them to report user transactions.
Coinbase: Tariff Fears Overshadow The Subscription Hidden Jewels (Rating Upgrade)
Coinbase has seen heightened volatility but posted strong 2024 growth, with revenues up 143% and net income up 373%. The subscription and services segment grew 70.8% YoY, showing high margin potential and reliability, akin to Apple's services revenue. The subscription and services business is worth the entire market cap.
Coinbase: Early Bottoming Signs Appear (Technical Analysis)
Coinbase's stock has erased its post-election gains, but early technical bottoming signs and strong fundamentals make it an attractive buy opportunity. Technical analysis shows bearish trends, but positive divergence in indicators suggests a bottom is near, with declining bearish momentum. Q4 earnings were strong, and Q1 is expected to be healthy despite some growth moderation, indicating robust financial performance.
Coinbase: A 'Panic In The Streets' Buy (Rating Upgrade)
Coinbase reported a stellar Q4-24 with revenue just under $2.2 billion, significantly beating analyst expectations and my own estimates. Despite a 40% stock drop, I now see COIN as a compelling long-term investment, driven by stablecoin growth and diversified transaction revenue. Q4-24 saw a surge in transaction revenue from 'other crypto assets,' reducing reliance on Bitcoin and Ethereum, and boosting retail volume.
Coinbase: An Opportunity Amid The Volatility, Watching One Key Level (Rating Upgrade)
I am upgrading Coinbase (COIN) to a buy due to its strong sales and earnings power, coupled with technical support on the chart. Despite recent stock volatility, COIN's forward P/E ratio is now under 20x, and it trades at a discount to its long-term price-to-sales ratio. Regulatory concerns and competition remain risks, but with high free cash flow and planned tech investments, COIN is positioned for growth.
Investors Heavily Search Coinbase Global, Inc. (COIN): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to Coinbase Global (COIN). This makes it worthwhile to examine what the stock has in store.
COIN vs. HOOD: Which Crypto Player is a Safe Investment Bet?
Coinbase COIN and Robinhood HOOD are two names that are discussed simultaneously when it comes to topics related to cryptocurrency. Both these stocks have been under the spotlight, given President Donald Trump's crypto favoritism.
