Coinbase Global Inc (NASDAQ:COIN) said on Tuesday it plans to raise $2 billion through a private offering of convertible senior notes, with $1 billion each due in 2029 and 2032. Shares fell nearly 5% in Tuesday morning trading as investors digested the new fundraising plan.
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.
Coinbase's 17% share price drop on Friday is an overreaction to broader market weakness, not company fundamentals, and presents a long-term buying opportunity. Coinbase's Q2'25 earnings showed strong platform profitability, despite a revenue miss, with the company beating EPS estimates and maintaining robust net earnings. Regulatory clarity from the GENIUS Act strengthens the investment case for Coinbase by legitimizing stablecoins and the broader crypto ecosystem.
Coinbase, the largest U.S.-based cryptocurrency exchange, reported second quarter earnings on Thursday. Why is the stock tumbling?
COIN misses Q2 earnings and revenue estimates, but rising volumes, crypto prices and subscription growth offer support.
Coinbase Global Inc (NASDAQ:COIN) shares fell almost 15% on Friday after the cryptocurrency trading platform's second quarter earnings fell short of expectations on weaker-than-expected trading revenue. The company reported earnings per share of $0.12, significantly below estimates of $1.49.
Coinbase (NASDAQ: COIN) reported a sharp drop in quarterly profit on Thursday, July 31, that sent shares tumbling, with the crypto exchange posting adjusted net income of $33 million, or 12 cents per share, compared to $294 million, or $1.10 per share, in the same quarter last year.
Coinbase Global Inc (NASDAQ:COIN) plans to transform its core trading platform into an “everything exchange,” adding tokenised stocks, derivatives, prediction markets and early-stage token sales alongside cryptocurrencies. The company will launch the expanded service for US users in the coming months, with international access to follow, depending on regulatory approval.
Coinbase Global, Inc. (NASDAQ:COIN ) Q2 2025 Earnings Conference Call July 31, 2025 5:30 PM ET Company Participants Alesia Jeanne Haas - Chief Financial Officer Anil K. Gupta - Vice President of Investor Relations Brian Armstrong - Co-Founder, Chairman & CEO Emilie M.
Although the revenue and EPS for Coinbase Global (COIN) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Coinbase Global, Inc. (COIN) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.07 per share a year ago.
Alesia Haas, Coinbase CFO, joins 'Closing Bell Overtime' to talk Coinbase's quarterly results.