What Are the Fundamentals of Coinbase Global (COIN)?

Large-cap finance company Coinbase Global has moved 0.9% this evening, reaching $81.32 per share. In contrast, the average analyst target price for the stock is $0.4.

Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company is based in the United States.

Make Sure to Consider the Following Before Buying Coinbase Global:

  • Coinbase Global has moved 8.0% over the last year.

  • COIN has a forward P/E ratio of -4066.0 based on its EPS guidance of -0.02.

  • Over the last 2 years, earnings per share (EPS) have been growing at a compounded average rate of -52.6%.

  • Its Price to Book (P/B) ratio is 3.35

Coinbase Global Has Irregular Cash Flows

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023-02-21 -1,646,457 -2,850 -1,643,607 -140.9
2022-02-25 4,016,099 -2,879 4,018,978

Coinbase Global's free cash flows have a decent average of $1.19 Billion over the last 2 years, but they are highly variable since their coefficient of variability is 5683537618.9%. The compounded average growth rate over this period is -0.0%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.