Coinbase Global Inc (NASDAQ:COIN) has a beta value of 3.51 and has seen 1.61 million shares traded in the recent trading session. The company, currently valued at $44.37B, closed the recent trade at $174.76 per share which meant it lost -$0.27 on the day or -0.15% during that session. The COIN stock price is -100.13% off its 52-week high price of $349.75 and 18.41% above the 52-week low of $142.58. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.53 million shares traded. The 3-month trading volume is 9.41 million shares.
The consensus among analysts is that Coinbase Global Inc (COIN) is Buy stock at the moment, with a recommendation rating of 2.20. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 11 out of 37 have rated it as a Hold, with 23 advising it as a Buy. 0 have rated the stock as Underweight.
Coinbase Global Inc (NASDAQ:COIN) trade information
Sporting -0.15% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the COIN stock price touched $174.76 or saw a rise of 4.18%. Year-to-date, Coinbase Global Inc shares have moved -29.62%, while the 5-day performance has seen it change -0.42%. Over the past 30 days, the shares of Coinbase Global Inc (NASDAQ:COIN) have changed -8.20%. Short interest in the company has seen 9.42 million shares shorted with days to cover at 1.0.
Wall Street analysts have a consensus price target for the stock at $290, which means that the shares’ value could jump 39.74% from the levels at last check today.. The projected low price target is $185.0 while the price target rests at a high of $420.0. In that case, then, we find that the latest price level in today’s session is -140.33% off the targeted high while a plunge would see the stock gain -5.86% from the levels at last check today..
Coinbase Global Inc (COIN) estimates and forecasts
The company’s shares have lost -16.97% over the past 6 months.
Earnings growth for 2025 is a modest -21.33% while over the next 5 years, the company’s earnings are expected to decrease by -4.47%.
COIN Dividends
Coinbase Global Inc is expected to release its next earnings report on 2025-Feb-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Coinbase Global Inc (NASDAQ:COIN)’s Major holders
Insiders own 2.15% of the company shares, while shares held by institutions stand at 58.72% with a share float percentage of 60.01%. Investors are also buoyed by the number of investors in a company, with Coinbase Global Inc having a total of 1400.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 17.66 million shares worth more than $3.92 billion. As of 2024-06-30, VANGUARD GROUP INC held 7.2725% of shares outstanding.
The other major institutional holder is FMR LLC, with the holding of over 11.03 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.45 billion and represent 4.4795% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund . As of Dec 31, 2024 , the former fund manager holds about 2.90% shares in the company for having 6.1 shares of worth $1.06 billion while later fund manager owns 3.78 shares of worth $655.31 million as of Dec 31, 2024 , which makes it owner of about 1.80% of company’s outstanding stock.
