Is Coinbase Global Inc (NASDAQ:COIN) A Strong Comeback Candidate At 1.58% Off Its High?

In last trading session, Coinbase Global Inc (NASDAQ:COIN) saw 29.95 million shares changing hands with its beta currently measuring 3.68. Company’s recent per share price level of $355.37 trading at $10.55 or 3.06% at ring of the bell on the day assigns it a market valuation of $90.51B. That closing price of COIN’s stock is at a premium of 1.58% from its 52-week high price of $349.75 and is indicating a premium of 59.88% from its 52-week low price of $142.58.

For Coinbase Global Inc (COIN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.19. 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.

Coinbase Global Inc (NASDAQ:COIN) trade information

Upright in the green during last session for gaining 3.06%, in the last five days COIN remained trading in the green while hitting it’s week-highest on Wednesday, 06/25/25 when the stock touched $355.37 price level, adding 3.77% to its value on the day. Coinbase Global Inc’s shares saw a change of 57.34% in year-to-date performance and have moved 39.99% in past 5-day. Coinbase Global Inc (NASDAQ:COIN) showed a performance of 35.04% in past 30-days.

Wall Street analysts have assigned a consensus price target of 293 to the stock, which implies a fall of -21.29% to its current value. Analysts have been projecting 217 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 jump 38.94% in reaching the projected high whereas dropping to the targeted low would mean a gain of 38.94% for stock’s current value.

In 2025, company’s earnings growth rate is likely to be around -44.28% while estimates for its earnings growth in next 5 years are of -1.50%.

Coinbase Global Inc (NASDAQ:COIN)’s Major holders

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 7.169 of the company’s outstanding shares.

The second largest institutional holder is FMR LLC, which was holding about 11.03 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.4795 of outstanding shares, having a total worth of $2.45 billion.

Marketing Sentinel
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.