Coinbase Global stock price prediction is an act of determining the future value of Coinbase Global shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Coinbase Global's future price could yield a significant profit.
Is it safe to buy Coinbase stock?
Is Coinbase Safe? If we define safety as bitcoin security, then we can say that Coinbase is pretty safe. So far, the exchange has a pretty good security record. Some of the last reported incidents date back to 2014. At the time, individual user accounts were getting phished. Since then, the API vulnerabilities received significant fixes.
Should you buy coin stock?
It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. COIN is ... If you don't buy now, you may kick ...
Is Coinbase traded on the stock market?
Generally speaking, as the cryptocurrency market goes, so goes the stock price of Coinbase Global (NASDAQ: COIN). For the most part, Thursday was a good day for cryptos, so Coinbase shares got a natural lift.
What to expect from Coinbase earnings?
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What will Coinbase stock be worth in 2022?
(NASDAQ: COIN) Coinbase's current Earnings Per Share (EPS) is $11.60. On average, analysts forecast that COIN's EPS will be -$8.46 for 2022, with the lowest EPS forecast at -$12.48, and the highest EPS forecast at -$5.54.
What is the target price for Coinbase?
Stock Price TargetHigh$290.00Low$42.00Average$106.05Current Price$75.27
Will Coinbase stock ever go back up?
Coinbase is “unlikely to return to recent levels of profitability in the near term absent a significant increase in crypto prices or volatility,” Will Nance, an analyst at Goldman Sachs Group Inc. wrote in a note. “We believe COIN's stock will struggle to outperform in the near term.”
What will Coinbase stock be in 2025?
According to Wallet Investor, Coinbase stock price prediction for 2025 is rather bearish. The firm expects the crypto exchange's share price to be at a maximum of $155.40 at the beginning of 2025. By mid-2025, it forecasts a further decline to $147.12 and $137.11 by the end of the year.
Is Coinbase losing market share?
The firm's market value has shrunk by about $51 billion since the end of its first day of trading last April. Coinbase shares fell to an all-time low earlier in May, and even after recovering somewhat are still down about 80% from their debut. That's a steeper drop than Bitcoin's 53% slump in the same period.
Why is Coinbase falling?
Shares of Coinbase closed down 26% on Wednesday after the company reported shrinking revenue and declining users. Coinbase said Tuesday that revenue fell 27% year-over-year to $1.17 billion, which was below Wall Street's projected $1.48 billion. It also said it lost $430 million in the first quarter.
Is Coinbase a good long term stock?
So, is it time to buy Coinbase stock following this big sell-off? The stock currently trades at just about 4x our consensus 2022 revenue, which is not exactly a rich valuation for a highly profitable and futuristic stock with solid long-term earnings potential.
Is Coinbase a good investment right now?
As the crypto market increases in value throughout the next decade, Coinbase will continue attracting a good chunk of those assets. The number of users Coinbase has will go up as well, thanks to the company's brand recognition, focus on security, and exceptional customer experience.
Is it good to invest in Coinbase?
Coinbase stock trades 50% lower than its first day of trading. The stock trades at 10x trailing earnings, but earnings are likely to be highly volatile moving forward. The company is projecting to increase its headcount by nearly 200% in 2022.
What will bitcoin be worth in 2030?
Therefore, on average, you can expect the BTC price to be around $798,474.46 in 2030.
What will be the price of Bitcoin in 2022?
Coin Price Forecast expects bitcoin prices to to hit $32,812 by the end of 2022 and $41,885 by the end of 2023.
How much is ethereum worth in 2021?
Conclusion: Is Ethereum a Good Investment and How Much Will ETH Be Worth?YearPotential HighPotential Low2021$14,000$1,4402022$10,000$1,4402023$7,200$2,6002024 – 2025$41,000$4,500
Is Coinbase a good buy stock?
So, is it time to buy Coinbase stock following this big sell-off? The stock currently trades at just about 4x our consensus 2022 revenue, which is not exactly a rich valuation for a highly profitable and futuristic stock with solid long-term earnings potential.
Is it good to invest in Coinbase?
As the crypto market increases in value throughout the next decade, Coinbase will continue attracting a good chunk of those assets. The number of users Coinbase has will go up as well, thanks to the company's brand recognition, focus on security, and exceptional customer experience.
How much is ethereum worth in 2021?
Conclusion: Is Ethereum a Good Investment and How Much Will ETH Be Worth?YearPotential HighPotential Low2021$14,000$1,4402022$10,000$1,4402023$7,200$2,6002024 – 2025$41,000$4,500
What is Nio price target?
NIO Inc (NYSE:NIO) The 32 analysts offering 12-month price forecasts for NIO Inc have a median target of 29.96, with a high estimate of 66.35 and a low estimate of 21.78. The median estimate represents a +55.62% increase from the last price of 19.25.
Should I buy or sell Coinbase Global stock right now?
21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coinbase Global in the last twelve months. There are currently 4 hold rat...
What is Coinbase Global's stock price forecast for 2022?
21 equities research analysts have issued 12-month price objectives for Coinbase Global's shares. Their forecasts range from $60.00 to $455.00. On...
How has Coinbase Global's stock performed in 2022?
Coinbase Global's stock was trading at $252.37 at the beginning of the year. Since then, COIN shares have decreased by 76.7% and is now trading at...
When is Coinbase Global's next earnings date?
Coinbase Global is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022. View our earnings forecast for Coinb...
How were Coinbase Global's earnings last quarter?
Coinbase Global, Inc. (NASDAQ:COIN) announced its quarterly earnings results on Tuesday, May, 10th. The cryptocurrency exchange reported ($1.98) EP...
Who are Coinbase Global's key executives?
Coinbase Global's management team includes the following people: Mr. Brian Armstrong , Co-Founder, Chairman & CEO (Age 39, Pay $2.99M) ( LinkedI...
Who are some of Coinbase Global's key competitors?
Some companies that are related to Coinbase Global include NU (NU) , Synchrony Financial (SYF) , Lufax (LU) , SoFi Technologies (SOFI) , Hargr...
When did Coinbase Global IPO?
(COIN) raised $0 in an initial public offering (IPO) on Wednesday, April 14th 2021. The company issued 114,900,000 shares at $0.00 per share. Goldm...
What is Coinbase Global's stock symbol?
Coinbase Global trades on the NASDAQ under the ticker symbol "COIN."
Is Coinbase Stock a good buy in 2022, according to Wall Street analysts?
The consensus among 16 Wall Street analysts covering ( NASDAQ : COIN ) stock is to Buy COIN stock. Out of 16 analysts , 7 ( 43.75% ) are...
What is COIN's earnings growth forecast for 2022-2024?
( NASDAQ : COIN ) Coinbase 's forecast annual earnings growth rate of -73.6% is not forecast to beat the US Software - Application industry...
What is COIN's revenue growth forecast for 2022-2024?
( NASDAQ : COIN ) Coinbase 's forecast annual revenue growth rate of 2.24% is not forecast to beat the US Software - Application industry's...
What is COIN's forecast return on assets (ROA) for 2022-2025?
(NASDAQ: COIN) forecast ROA is -0.86%, which is lower than the forecast US Software - Application industry average of 4.87%.
What is COIN's Price Target?
According to 14 Wall Street analyst s that have issued a 1 year COIN price target, the average COIN price target is $224.79 , with the high...
What is COIN's Earnings Per Share (EPS) forecast for 2022-2024?
(NASDAQ: COIN) Coinbase's current Earnings Per Share (EPS) is $11.60. On average, analysts forecast that COIN's EPS will be -$7.60 for 2022, with t...
What is COIN's forecast return on equity (ROE) for 2022-2025?
(NASDAQ: COIN) forecast ROE is -2.77%, which is considered weak.
What is Coinbase Global?
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy. The company provides primary financial account for the cryptoeconomy, a platform to invest, store, spend, earn, and use crypto assets; an online marketplace for hedge funds, money managers, and corporations; and a platform with technology and services to developers, merchants, and asset issuers that enables them to build applications that leverage crypto protocols. It serves retail users, institutions, and ecosystem partners. The company was founded in 2012 and is based in Wilmington, Delaware.
What is the official website of Coinbase?
The official website for Coinbase Global is www.coinbase.com.
What is MarketBeat ratings?
MarketBeat's community ratings are surveys of what our community members think about Coinbase Global and other stocks. Vote “Outperform” if you believe COIN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe COIN will underperform the S&P 500 over the long term. You may vote once every thirty days.
When did Coinbase lock up end?
Coinbase Global's lock-up period expired on Monday, October 11th. Coinbase Global had issued 114,850,769 shares in its public offering on April 14th. The total size of the offering was $28,712,692,250 based on an initial share price of $250.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.
Does Coinbase pay dividends?
Coinbase Global does not currently pay a dividend.
What is Coinbase market capitalization?
Market capitalization is a crucial parameter in evaluating a firm’s valuation. It is attained by multiplying the outstanding shares with the firm’s share price. According to Yahoo Finance, Coinbase has a market capitalization of $51.13 billion.
Is Coinbase profitable?
Besides, amid the recent market sell-off, its share price has declined significantly in recent months. As indicated in the chart below, the company is still profitable even with the turbulence.
Stock Price Forecast
The 19 analysts offering 12-month price forecasts for Coinbase Global Inc have a median target of 300.00, with a high estimate of 600.00 and a low estimate of 220.00. The median estimate represents a +69.97% increase from the last price of 176.50.
Analyst Recommendations
The current consensus among 23 polled investment analysts is to Buy stock in Coinbase Global Inc. This rating has held steady since February, when it was unchanged from a Buy rating. Move your mouse over past months for detail
COIN earnings per share forecast
What is COIN 's earnings per share in the next 3 years based on estimates from 6 analyst s?
COIN revenue forecast
What is COIN 's revenue in the next 3 years based on estimates from 5 analyst s?
Who is the CEO of Coinbase?
He also pointed to the strong management team at Coinbase and the “aura” around them. Coinbase is led by CEO Brian Armstrong who sold over $290 million worth of COIN stock on listing day. Source: Coinbase Twitter.
Why is Coinbase stock dropping?
Why is Coinbase stock dropping? The reason could be attributed to its sky-high valuations. The stock was valued higher than many stock exchanges including Nasdaq. Another reason for the fall in COIN stock could be the plunge in bitcoin prices.
Did Jim Cramer sell bitcoins?
Recently, CNBC Mad Money host Jim Cramer said that he has sold some bitcoins to pay a mortgage. He also sounds optimistic about Coinbase stock. He pointed to the “scarcity premium,” which means a lack of other major listed crypto exchanges for his bullish thesis. He also pointed to the strong management team at Coinbase and the “aura” around them. Coinbase is led by CEO Brian Armstrong who sold over $290 million worth of COIN stock on listing day.
Is Coinbase a direct listing?
Coinbase is the second major company to opt for a direct listing in 2021 after Roblox. In 2020, Palantir and Asana also went public through a direct listing. In a direct listing, a company shuns the underwriting process and selling stockholders sell their stocks on the exchange.
Is the cryptocurrency market in favor?
The cryptocurrency market is currently in the favor with investors even as some of the other themes like green energy and fintech, which made waves in 2020, have been out of favor with investors. Looking at the strong investor appetite for crypto assets and the recent fall in Coinbase stock, I would expect some buying support for COIN stock, which would help aid the recovery.
Is Bitcoin above $32,500?
Bitcoin has been humbly oscillating above the $32,500 support level since the beginning of this month. However, BTC’s value slumped by almost 5% in two days and was soon testing the said level again at press time. While BTC’s spot market is still more or less dormant amid t...
Is Coinbase a profitable investment?
Investment in Coinbase tokenized stock FTX (COIN) is profitable or loss-making? Yes, Coinbase tokenized stock FTX ( COIN) is profitable investment based on our forecasting.
Is the price of FTX going down?
No, Coinbase tokenized stock FTX (COIN) price will not be downward based on our estimated prediction.
Will the price of FTX increase?
Yes, Coinbase tokenized stock FTX (COIN) price will increase according to our predicted data in future.
Does Binance allow crypto?
Binance allows you easy fiat to crypto purchase & Sell pay with lowest trading fees.
How does Coinbase forecast stock?
We forecast Coinbase Global stock performance using neural networks based on historical data on Coinbase Global stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
How often are Coinbase stock forecasts adjusted?
Coinbase Global stock forecasts are adjusted once a day based on the closing price of the previous trading day.
What is Coinbase Global Inc?
Coinbase Global Inc is a provider of end-to-end financial infrastructure and technology for the crypto economy. He generates almost all of his net income from the transaction fees that take place on his platform. Geographically, it derives most of its income from the United States, followed by the rest of the world.
How to calculate market capitalization?
It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
Is Pandaforecast.com a call to action?
All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.
