In recent trading session, Coinbase Global Inc (NASDAQ:COIN) saw 2.57 million shares changing hands at last check today with its beta currently measuring 3.59. Company’s recent per share price level of $179.72 trading at $2.23 or 1.25% at last check today assigns it a market valuation of $45.63B. That most recent trading price of COIN’s stock is at a discount of -94.61% from its 52-week high price of $349.75 and is indicating a premium of 18.7% from its 52-week low price of $146.12. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 11.39 million shares which gives us an average trading volume of 9.24 million if we extend that period to 3-months.
For Coinbase Global Inc (COIN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.32. Splitting up the data highlights that, out of 37 analysts covering the stock, 3 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 11 suggested the stock as a Hold whereas 23 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 2.27 in the current quarter.
Coinbase Global Inc (NASDAQ:COIN) trade information
Upright in the green today for gaining 1.25%, in the last five days COIN remained trading in the red while hitting it’s week-highest on Monday, 03/10/25 when the stock touched $179.72 price level, adding 13.11% to its value on the day. Coinbase Global Inc’s shares saw a change of -27.62% in year-to-date performance and have moved -17.35% in past 5-day. Coinbase Global Inc (NASDAQ:COIN) showed a performance of -34.62% in past 30-days. Number of shares sold short was 9.84 million shares which calculate 1.06 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 295 to the stock, which implies a rise of 39.08% to its recent value today. Analysts have been projecting 185 as a low price target for the stock while placing it at a high target of 420. It follows that stock’s current price would drop -2.94% in reaching the projected high whereas dropping to the targeted low would mean a loss of -2.94% for stock’s current value.
Coinbase Global Inc (COIN) estimates and forecasts
This year revenue growth is estimated to rise 23.24% from the last financial year’s standing.
16 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.23B for the same. And 16 analysts are in estimates of company making revenue of 1.99B in the next quarter. Company posted 1.64B and 1.45B of sales in current and next quarters respectively a year earlier. In 2025, company’s earnings growth rate is likely to be around -20.79% while estimates for its earnings growth in next 5 years are of -9.22%.
Coinbase Global Inc (NASDAQ:COIN)’s Major holders
Insiders are in possession of 2.15% of company’s total shares while institution are holding 58.70 percent of that, with stock having share float percentage of 59.99%. Investors also watch the number of corporate investors in a company very closely, which is 58.70% institutions for Coinbase Global Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at COIN for having 17.66 million shares of worth $3.92 billion. And as of 2024-06-30, it was holding 7.2725 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 10.98 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.5233 of outstanding shares, having a total worth of $2.44 billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Mid-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024, the former fund manager was holding 6.1 shares of worth $1.1 billion or 2.90% of the total outstanding shares. The later fund manager was in possession of 3.78 shares on Dec 31, 2024, making its stake of worth around $680.39 million in the company or a holder of 1.80% of company’s stock.