Coinbase
COIN

$147.35

6.86%

Market Cap: $36.6B

About: Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.

Employees: 3,416

Financials Finance Services

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 13 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

43% more repeat investments, than reductions

Existing positions increased: 356 | Existing positions reduced: 249

1.18% more ownership

Funds ownership: 53.95% [Q1] → 55.13% (+1.18%) [Q2]

3% less call options, than puts

Call options by funds: $5.81B | Put options by funds: $5.99B

2% less funds holding

Funds holding: 893 [Q1] → 872 (-21) [Q2]

12% less capital invested

Capital invested by funds: $27.8B [Q1] → $24.5B (-$3.32B) [Q2]

15% less first-time investments, than exits

New positions opened: 115 | Existing positions closed: 136

46% less funds holding in top 10

Funds holding in top 10: 52 [Q1] → 28 (-24) [Q2]

See Fund Rankings

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$169

15%

upside

Avg. target

$262

78%

upside

High target

$345

134%

upside

13 analyst ratings

8 positive

62%

3 neutral

23%

2 negative

15%

Barclays Benjamin Budish 72% 1-year accuracy 52 / 72 met price target	15%upside $169	Equal-Weight Upgraded	6 Sept 2024
Compass Point Chase White 43% 1-year accuracy 3 / 7 met price target	100%upside $295	Buy Maintained	6 Aug 2024
Needham John Todaro 26% 1-year accuracy 11 / 43 met price target	76%upside $260	Buy Reiterated	5 Aug 2024
JMP Securities Devin Ryan 51% 1-year accuracy 35 / 68 met price target	117%upside $320	Market Outperform Reiterated	2 Aug 2024
B of A Securities Jason Kupferberg 46% 1-year accuracy 6 / 13 met price target	67%upside $246	Neutral Maintained	2 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 59 articles about COIN published over the past 30 days

Rosen Law Firm Encourages Coinbase Global, Inc. Investors to Inquire About Securities Class Action Investigation - COIN

NEW YORK , Sept. 7, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Coinbase Global, Inc. (NASDAQ: COIN) resulting from allegations that Coinbase may have issued materially misleading business information to the investing public.

Rosen Law Firm Encourages Coinbase Global, Inc. Investors to Inquire About Securities Class Action Investigation - COIN

The Motley Fool

Don't Miss Coinbase's Massive Growth Opportunity

Stablecoins and blockchain infrastructure will be a big business for Coinbase.

Don't Miss Coinbase's Massive Growth Opportunity

Coinbase has worst week of the year as crypto stocks plummet

Bitcoin, ether and crypto-related stocks saw sharp selloffs this week over growing concerns about the health of the U.S. economy. Coinbase had its worst week of the year, and bitcoin miner Marathon Digital tumbled 20%.

Coinbase has worst week of the year as crypto stocks plummet

Judge Says Shareholders' Lawsuit Against Coinbase Can Move Forward

A proposed class action lawsuit brought against Coinbase by shareholders is reportedly moving forward. The cryptocurrency exchange's bid to have the suit dismissed was rejected Thursday (Sept.

Judge Says Shareholders' Lawsuit Against Coinbase Can Move Forward

AVGO & SMCI Down, DOCU & COIN Up

Technology and crypto made up the headlines at the start of Friday's trading day. Between earnings, upgrades and downgrades, Diane King Hall looks at what's driving trading for Broadcom (AVGO), Supermicro (SMCI), DocuSign (DOCU) and Coinbase (COIN).

AVGO & SMCI Down, DOCU & COIN Up

Coinbase must face shareholder lawsuit over SEC risks

A federal judge rejected Coinbase's bid to dismiss a proposed class action by shareholders who accused the operator of the largest U.S. cryptocurrency exchange of downplaying the likelihood it would be sued by the U.S. Securities and Exchange Commission.

Coinbase must face shareholder lawsuit over SEC risks

3 stocks to join S&P 500 in 2025

Although the stock market continues to struggle with bearish sentiment, and the weaker-than-expected labor market report failed to ease investors' fears about the United States economy, some stocks have the potential to join the exclusive society of the S&P 500 index (SPY) next year.

3 stocks to join S&P 500 in 2025

CNBC Television

'Ton of demand' for AI transactions tied to crypto: Coinbase Developer Platform product lead

Nemil Dalal, product lead of the Coinbase Developer Platform, discusses Coinbase's first AI-to-AI crypto transaction.

'Ton of demand' for AI transactions tied to crypto: Coinbase Developer Platform product lead

COINBASE GLOBAL, INC. ANNOUNCEMENT: If You Have Suffered Losses in Coinbase Global, Inc. (NASDAQ: COIN), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Coinbase Global, Inc. (NASDAQ: COIN) resulting from allegations that Coinbase may have issued materially misleading business information to the investing public.

COINBASE GLOBAL, INC. ANNOUNCEMENT: If You Have Suffered Losses in Coinbase Global, Inc. (NASDAQ: COIN), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

Coinbase to Continue Spending to Influence US and Global Policy

Coinbase reportedly plans to continue its “elevated policy spend” through the U.S. presidential election and beyond. Beyond the U.S. election, the cryptocurrency exchange will continue its policy spend as it faces issues in other parts of the world, Coinbase Chief Financial Officer Alesia Haas said Wednesday (Sept.

Coinbase to Continue Spending to Influence US and Global Policy

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