COIN:NSD-Coinbase Global Inc (USD)

COMMON STOCK | Software-Application | NSD

Last Closing Price

USD 61.36

Change

-4.74 (-7.17)%

Market Cap

USD 17.32B

Volume

0.01B

Avg Analyst Target

USD 203.30 (+231.32%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Coinbase Global Inc (COIN) Stock Analysis:
Based on the Coinbase Global Inc stock forecasts from 15 analysts, the average analyst target price for Coinbase Global Inc is USD 203.30 over the next 12 months. Coinbase Global Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Coinbase Global Inc is Bullish , which is based on 10 positive signals and 3 negative signals. At the last closing, Coinbase Global Inc’s stock price was USD 61.36. Coinbase Global Inc’s stock price has changed by -12.34% over the past week, -53.35% over the past month and -72.77% over the last year.

About

Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company offers the primary financial account in the cryptoeconomy for retailers; a marketplace with a pool of liquidity for transacting in cr ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-05-24 )

Largest Industry Peers for Software-Application

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
INTU Intuit Inc

-12.40 (-3.34%)

USD104.01B 47.30 33.16
TEAM Atlassian Corporation Plc

-13.53 (-7.61%)

USD44.97B N/A N/A
WDAY Workday Inc

-7.02 (-4.23%)

USD42.10B 1,443.39 105.69
CDNS Cadence Design Systems Inc

-3.63 (-2.46%)

USD40.43B 54.72 38.67
ADSK Autodesk Inc

-3.96 (-2.16%)

USD39.92B 81.92 54.24
DDOG Datadog Inc

-8.12 (-8.64%)

USD29.86B 31,596.67 560.69
ZM Zoom Video Communications Inc

+5.01 (+5.61%)

USD26.85B 19.96 18.01
TTD The Trade Desk Inc

-9.72 (-18.51%)

USD25.60B 260.59 165.13
ANSS ANSYS Inc

-6.21 (-2.44%)

USD22.13B 49.39 33.22
NUAN Nuance Communications Inc

N/A

USD17.88B 4,558.33 176.15

ETFs Containing COIN

Symbol Name Weight Mer Price(Change) Market Cap
ARKK ARK ETF Trust - ARK Innov.. 0.00 % 0.75 %

-2.93 (-6.95%)

USD8.84B
ARKW ARK Next Generation Inter.. 0.00 % 0.83 %

-3.51 (-6.49%)

USD1.75B
FINX Global X FinTech ETF 0.00 % 0.68 %

-0.95 (-3.90%)

USD0.74B
IPO Renaissance IPO ETF 0.00 % 0.60 %

-1.94 (-6.44%)

USD0.20B
BLOK Amplify Transformational .. 0.00 % 0.71 %

-0.80 (-3.64%)

USD0.80B
HBLK:CA Blockchain Technologies E.. 0.00 % 1.59 %

-0.44 (-3.68%)

USD0.04B
BKCH Global X Blockchain ETF 0.00 % 0.50 %

-0.47 (-6.06%)

USD0.08B
BKCH Global X Blockchain ETF 0.00 % 0.50 %

-0.47 (-6.06%)

USD0.08B
BCHN:LSE Invesco Markets II PLC - .. 0.00 % 0.65 %

-3.01 (-3.99%)

USD0.62B
VFIN Simplify Volt Fintech Dis.. 0.00 % 1.03 %

-0.26 (-6.61%)

N/A
DAPP VanEck Vectors ETF Trust .. 0.00 % 0.50 %

-0.47 (-6.89%)

N/A
MVPS Amplify Thematic All-Star.. 0.00 % 0.49 %

-0.64 (-3.84%)

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Software-Application)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -75.69% 5% F 6% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -75.69% 5% F 6% F
Trailing 12 Months  
Capital Gain -74.69% 17% F 16% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -74.69% 17% F 16% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -5.89% 23% F 21% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -5.89% 22% F 20% F
Risk Return Profile  
Volatility (Standard Deviation) 18.41% 93% A 73% C
Risk Adjusted Return -31.98% 16% F 22% F
Market Capitalization 17.32B 93% A 95% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Software-Application)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 6.77 82% B- 80% B-
Price/Book Ratio 2.26 63% D 38% F
Price / Cash Flow Ratio 1.61 60% D- 47% F
EV/EBITDA 7.63 74% C 59% F
Management Effectiveness  
Return on Equity 51.82% 94% A 96% A
Return on Invested Capital 61.28% 98% A+ 96% A
Return on Assets 11.95% 96% A 95% A
Debt to Equity Ratio 53.04% 41% F 37% F
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 2.23 70% C- 61% D-
Short Percent 6.15% 24% F 28% F
Beta N/A N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.