Large-cap finance company Coinbase Global has moved -2.9% this evening, reaching $77.35 per share. In contrast, the average analyst target price for the stock is $0.39.
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company is based in the United States.
Make Sure to Consider the Following Before Buying Coinbase Global:
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Coinbase Global has moved 11.0% over the last year.
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COIN has a forward P/E ratio of -3867.5 based on its EPS guidance of -0.02.
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Over the last 2 years, earnings per share (EPS) have been growing at a compounded average rate of -53.2%.
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Its Price to Book (P/B) ratio is 3.18
Coinbase Global Has Irregular Cash Flows
| Date Reported | Cash Flow from Operations ($ 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%.
