Coinbase Global, Inc. (COIN)
NASDAQ: COIN · Real-Time Price · USD
162.89
+5.74 (3.65%)
At close: Sep 12, 2024, 4:00 PM
162.42
-0.47 (-0.29%)
After-hours: Sep 12, 2024, 7:59 PM EDT
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Coinbase stock have an average target of 245.94, with a low estimate of 145 and a high estimate of 345. The average target predicts an increase of 50.99% from the current stock price of 162.89.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $145 | $245.94 | $250 | $345 |
| Change | -10.98% | +50.99% | +53.48% | +111.80% |
Analyst Ratings
The average analyst rating for Coinbase stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 6 | 6 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 10 | 10 | 10 | 8 | 8 | 9 |
| Sell | 4 | 2 | 2 | 2 | 2 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 20 | 20 | 18 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell → Hold Upgrades $206 → $169 | Sell → Hold | Upgrades | $206 → $169 | +3.75% | Sep 6, 2024 |
| Compass Point | Compass Point | Strong Buy Maintains $325 → $295 | Strong Buy | Maintains | $325 → $295 | +81.10% | Aug 6, 2024 |
| Needham | Needham | Strong Buy Reiterates $260 | Strong Buy | Reiterates | $260 | +59.62% | Aug 5, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $320 | Buy | Reiterates | $320 | +96.45% | Aug 2, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $263 → $246 | Hold | Maintains | $263 → $246 | +51.02% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
5.88B
from 2.93B
Increased by 101.02%
from 2.93B
Revenue Next Year
6.11B
from 5.88B
Increased by 3.77%
from 5.88B
EPS This Year
5.88
from 0.37
Increased by 1,478.40%
from 0.37
EPS Next Year
3.68
from 5.88
Decreased by -37.43%
from 5.88
| Fiscal Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | ||
| Revenue | 522.81M | 1.27B | 7.84B | 3.15B | 2.93B | 5.88B | 6.11B | 5.54B | ||
| Revenue Growth | - | 143.85% | 514.76% | -59.81% | -7.08% | 101.02% | 3.77% | -9.27% | ||
| EPS | -0.50 | 1.40 | 14.50 | -11.83 | 0.37 | 5.88 | 3.68 | 3.37 | ||
| EPS Growth | - | - | 937.81% | - | - | 1,478.40% | -37.43% | -8.50% | ||
| Forward PE | - | - | - | - | - | 27.71 | 44.29 | 48.40 | ||
| No. Analysts | - | - | - | - | - | 28 | 27 | 15 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1B | 9.7B | 7.3B | ||
| Avg | 5.9B | 6.1B | 5.5B | ||
| Low | 5.3B | 3.7B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 142.2% | 64.8% | 19.3% | ||
| Avg | 101.0% | 3.8% | -9.3% | ||
| Low | 80.9% | -37.7% | -48.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.45 | 8.51 | 6.23 | ||
| Avg | 5.88 | 3.68 | 3.37 | ||
| Low | 4.42 | -0.55 | -1.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2,437.2% | 44.7% | 69.4% | ||
| Avg | 1,478.4% | -37.4% | -8.5% | ||
| Low | 1,086.6% | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
