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Coinbase Global Inc
NASDAQ:COIN

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Coinbase Global Inc Logo
Coinbase Global Inc
NASDAQ:COIN
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Price: 61.37 USD +15.75% Market Closed
Updated: Jan 29, 2023

Intrinsic Value

The intrinsic value of one COIN stock under the Base Case scenario is 98.49 USD. Compared to the current market price of 61.37 USD, Coinbase Global Inc is Undervalued by 38%.

The Intrinsic Value is calculated as the average of the two valuation methods:

COIN Intrinsic Value
Base Case
98.49 USD
Undervaluation 38%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

COIN Profitability Score
Profitability Due Diligence

Coinbase Global Inc's profitability score is 58/100. The higher the profitability score, the more profitable the company is.

Negative ROE
Negative Revenue Growth Forecast
Negative 1-Year Revenue Growth
Negative ROIC
58/100
Profitability
Score

Coinbase Global Inc's profitability score is 58/100. The higher the profitability score, the more profitable the company is.

COIN Solvency Score
Solvency Due Diligence

Coinbase Global Inc's solvency score is 34/100. The higher the solvency score, the more solvent the company is.

Low Interest Coverage
Low Altman Z-Score
Long-Term Liabilities
Short-Term Liabilities
34/100
Solvency
Score

Coinbase Global Inc's solvency score is 34/100. The higher the solvency score, the more solvent the company is.

Financials
Efficiency
79%
Gross Margin
-12%
Operating Margin
-24%
Net Margin
-94%
FCF Margin
-22%
ROE
-1%
ROIC
Other

COIN Capital Structure
Coinbase Global Inc

Market Capitalization 13.9B USD
Total Debt 3.4B USD
Minority Interest 0 USD
Preferred Equity 0 USD
Cash and Equivalents 5B USD
Short-Term Investments 0 USD
Enterprise Value 12.3B USD

Wall St
Price Targets

COIN Price Targets Summary
Coinbase Global Inc

Wall Street analysts forecast COIN stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for COIN is 66.06 USD with a low forecast of 30.3 USD and a high forecast of 210 USD.

Lowest
Price Target
30.3 USD
51% Downside
Average
Price Target
66.06 USD
8% Upside
Highest
Price Target
210 USD
242% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

COIN Competitors
Coinbase Global Inc

COIN Suppliers & Customers
Coinbase Global Inc

Coinbase Global Inc has 5 key suppliers from 2 countries and 1 industries. The majority of these suppliers are located in the United States of America, with the largest number of suppliers in the Technology industry.

Coinbase Global Inc has 1 key customers from 1 countries and 1 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Technology industry.

United States of America
1
Customers Map

Ownership

COIN Insider Trading
Buy and sell transactions by insiders

Coinbase Global Inc insiders have bought more shares than they have sold in the past 12 months.

During the last 12 months Coinbase Global Inc insiders bought 86.2M USD , and sold 25.3M USD worth of shares. The last transaction was made on Jan 29, 2023 by Lutke Tobias (Director), who bought 360k USD worth of COIN shares.

Sold
0-3
months
24.4M USD
4
3-6
months
595k USD
1
6-9
months
73.3k USD
1
9-12
months
210k USD
1
Bought
0-3
months
1
4.9M USD
3-6
months
1
4.5M USD
6-9
months
1
76.8M USD
9-12
months
0
0 USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
24.4M USD
4.9M USD
-19.6M
6 Months
25M USD
9.3M USD
-15.7M
9 Months
25.1M USD
86.2M USD
61.1M
12 Months
25.3M USD
86.2M USD
60.9M
Purchases
28
Sales
59
Why is insider trading important?

Shareholder Return

COIN Price
Coinbase Global Inc

1M 1M
+76%
6M 6M
-3%
1Y 1Y
-68%
3Y 3Y
-75%
5Y 5Y
-75%
Annual Price Range
61.37
52w Low
32.53
52w High
214.5
Price Metrics
Average Annual Return 0.42%
Standard Deviation of Annual Returns
N/A
Max Drawdown -91%
Shares Statistics
Market Capitalization 13.9B USD
Shares Outstanding 226 965 152
Percentage of Shares Shorted 19.66%

Company Profile

Coinbase Global Inc

Country

United States of America

Industry

Financial Services

Market Cap

13.9B USD

Dividend Yield

0%

Description

Coinbase Global, Inc. operates as a secure hosted bitcoin wallet to purchase and use bitcoin. The company is headquartered in Wilmington, Delaware and currently employs 3,730 full-time employees. The company went IPO on 2021-04-14. The firm offers retail users the primary financial account for the crypto economy, institutions a marketplace with a liquidity for transacting in crypto assets, and ecosystem partners technology and services that enable them to build crypto-based applications and accept crypto assets as payment. The firm is engaged in building technology and financial infrastructure products and services that enable any person or business with an Internet connection to discover, transact, and engage with crypto assets and decentralized applications. The company offers Coinbase Prime, a one-stop shop for institutions to participate in the cryptoeconomy. Its Coinbase Prime combines advanced trading, custody, real-time market data and analytics, and financing products to help customers access and transact in crypto markets.

Contact

DELAWARE
Wilmington
C/O The Corporation Trust Company, 1209 Orange Street
+13027770200.0
https://www.coinbase.com/

IPO

2021-04-14

Employees

3 730

Officers

Co-Founder, Chairman & CEO
Mr. Brian Armstrong
Pres & COO
Ms. Emilie M. Choi
Co-Founder & Director
Mr. Frederick Ernest Ehrsam III
Chief Financial Officer
Ms. Alesia Jeanne Haas
Chief Legal Officer & Corp. Sec.
Mr. Paul Grewal
Chief Accounting Officer
Jennifer N. Jones
Show More
VP of Investor Relations
Mr. Anil K. Gupta
Chief People Officer
Mr. L.J. Brock
Chief Policy Officer
Mr. Faryar Shirzad
Sr. Director of Product
Mr. Prakash Hariramani
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one COIN stock?

The intrinsic value of one COIN stock under the Base Case scenario is 98.49 USD.

Is COIN stock undervalued or overvalued?

Compared to the current market price of 61.37 USD, Coinbase Global Inc is Undervalued by 38%.