Coinbase Global Inc (NASDAQ:COIN) has a beta value of 3.62 and has seen 6.01 million shares traded in the recent trading session. The company, currently valued at $79.14B, closed the recent trade at $11330000.0 per share which meant it gained $11329691.62 on the day or 6013736% during that session. The COIN stock price is 100.0% off its 52-week high price of $349.75 and 100.0% 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 13.0 million shares traded. The 3-month trading volume is 11.33 million shares.
The consensus among analysts is that Coinbase Global Inc (COIN) is Buy stock at the moment, with a recommendation rating of 2.19. 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
Over the past 30 days, the shares of Coinbase Global Inc (NASDAQ:COIN) have changed 19.97%. Short interest in the company has seen 12.57 million shares shorted with days to cover at 0.86.
Wall Street analysts have a consensus price target for the stock at $293, which means that the shares’ value could drop -3866794.2% from the levels at last check today.. The projected low price target is $217.0 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 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..
Coinbase Global Inc (COIN) estimates and forecasts
The company’s shares have lost -0.30% over the past 6 months.
Earnings growth for 2025 is a modest -43.65% while over the next 5 years, the company’s earnings are expected to decrease by -2.88%.
COIN Dividends
Coinbase Global Inc is expected to release its next earnings report on 2025-May-08 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 2.03% of the company shares, while shares held by institutions stand at 58.04% with a share float percentage of 59.24%. Investors are also buoyed by the number of investors in a company, with Coinbase Global Inc having a total of 1415.0 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 7.169% 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.
