After moving 5.1% during today's evening session, Coinbase Global is now trading at a price of $75.16 per share. On average, analysts give it a target price of $0.41.
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally.
Potential Coinbase Global Investors Should Analyze the Following:
-
Coinbase Global has moved 21.0% over the last year.
-
Its Price to Book (P/B) ratio is 3.09
Understanding Coinbase Global's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-21 | 3,194,208 | -5,233,833 | -84 | -315.38 |
| 2022-02-25 | 7,839,444 | -3,494,950 | 39 |
Averaging out to -22.5% over the last 2 years, Coinbase Global's operating margins also have a high coefficient of variability, which stands at 386.6%. The firm's margins are declining at a -36.3% compounded yearly rate.
