Currently, there are 209.76M common shares owned by the public and among those 199.71M shares have been available to trade.
The company’s stock has a 5-day price change of -12.89% and -45.84% over the past three months. COIN shares are trading -27.82% year to date (YTD), with the 12-month market performance down to -24.87% lower. It has a 12-month low price of $146.12 and touched a high of $349.75 over the same period. COIN has an average intraday trading volume of 9.15 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -24.34%, -31.23%, and -23.95% respectively.
Institutional ownership of Coinbase Global Inc (NASDAQ: COIN) shares accounts for 45.84% of the company’s 209.76M shares outstanding.
It has a market capitalization of $45.50B and a beta (3y monthly) value of 3.61. The stock’s trailing 12-month PE ratio is 18.88, while the earnings-per-share (ttm) stands at $9.49. The company has a debt-to-equity ratio at 0.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.28% over the week and 7.76% over the month.
Earnings per share for the fiscal year are expected to decrease by -20.79%, and 6.77% over the next financial year.
Looking at the support for the COIN, a number of firms have released research notes about the stock. Rosenblatt stated their Buy rating for the stock in a research note on March 07, 2025, with the firm’s price target at $305. Mizuho coverage for the Coinbase Global Inc (COIN) stock in a research note released on January 29, 2025 offered a Outperform rating with a price target of $290. Monness Crespi & Hardt was of a view on December 19, 2024 that the stock is Buy, while Oppenheimer gave the stock Outperform rating on November 25, 2024, issuing a price target of $265- $358. Monness Crespi & Hardt on their part issued Buy rating on October 28, 2024.
