What Should Investors Know About Coinbase Global (COIN) Stock?

After moving 0.0% during today's afternoon session, Coinbase Global is now trading at a price of $92.9 per share. On average, analysts give it a target price of $0.4.

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

Coinbase Global Investors Should Consider This:

  • Coinbase Global has moved 62.0% over the last year.

  • Its Price to Book (P/B) ratio is 3.75

Understanding Coinbase Global's Operating Margins

Date Reported Total Revenue ($ k) Operating Expenses ($ k) Operating Margins (%) YoY Growth (%)
2023 2,699,887 4,008,693 -48 43.53
2022 3,194,208 5,904,416 -85 -317.95
2021 7,839,444 4,762,874 39

Averaging out to -31.3% over the last 3 years, Coinbase Global's operating margins also have a high coefficient of variability, which stands at 815.8%. The firm's margins are declining at a -29.1% compounded yearly rate.

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.