Coinbase is evolving from a trading-fee-dependent crypto exchange to a durable infrastructure provider, making it a strong buy. The company's strategic pivot includes growing recurring revenue, scaling derivatives, and expanding B2B monetization, positioning it for long-term success. Coinbase's strong balance sheet, robust EBITDA margins, and unjustified discount to peers highlight its undervalued potential.
ETFs are set to gain as Coinbase is set to enter the S&P 500 on May 19.
Coinbase shares surged 24% on May 13, 2025. The move marks their biggest one-day gain since the day after Donald Trump's election victory.
Coinbase Global (COIN) and First Solar (FSLR) stock led another day of exuberant market gains, soaring over +20% respectively.
One of the world's most well-known stock market indexes, the S&P 500, will soon look a little different. That's because its roster of 500 companies is getting a shakeup, which will see the cryptocurrency exchange Coinbase Global join the index.
Shares of Coinbase Global Inc (NASDAQ:COIN) rose nearly 19% on Tuesday after S&P Dow Jones Indices announced the cryptocurrency exchange will join the S&P 500, marking a major milestone for the digital-asset sector. The move makes it the first crypto-focused company to be added to the benchmark U.S.
Coinbase (NASDAQ: COIN) flew high in the night between May 12 and May 13, 2025, as the world's biggest publicly-traded cryptocurrency exchange is set to join the S&P 500.
Coinbase, which trades on the Nasdaq under the ticker symbol COIN, will replace Discover Financial.
Coinbase Global Inc. is joining the S&P 500 index next Monday, S&P Dow Jones Indices announced.
Coinbase is joining the S&P 500, replacing Discover Financial, which is being acquired. Shares of the crypto exchange soared in extended trading after the announcement.
Zacks.com users have recently been watching Coinbase Global (COIN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Coinbase reported a Q1 2025 EPS miss of -87%. The stock did not move much. Referencing my previous Coinbase coverage, I explain why I expected this miss and how I can see Coinbase achieving much higher than expected EPS later this year. Key drivers are; an ongoing Bitcoin bull market, strong service revenue growth, and a slight re-rating of their valuation.