Coinbase Global Inc (COIN) Stock Forecast & Price Target
Coinbase Global Inc · NASDAQ
$167.86+0.37 (+0.22%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 26 firms covering Coinbase Global Inc, 17 rate it Buy or better, 7 sit at Hold, and 2 rate it Sell or worse, a moderate buy consensus. The target range is very wide, $99.00 to $330.00 (about 3.3x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $237.00 sits 41% above the current $167.86. The rating mix has stayed broadly stable, with Buy-side ratings easing from 20 to 17 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.55 next quarter toward $4.77 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS26 ratings
Moderate Buy
Strong Buy00%
Buy1765%
Hold727%
Sell28%
Strong Sell00%
Based on 26 analysts giving stock ratings to Coinbase Global Inc.
As of Jul, 17 of 25 firms rate COIN a Buy (6 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
COIN EPS & revenue forecast
EPS · NEXT QUARTER
$0.55
Range $0.10 – $0.90 · 14 analysts · -63% YoY
Next period, 14 analysts expect Coinbase Global Inc to earn $0.55 a share (range $0.10 – $0.90), versus $1.50 a year earlier. Full-year consensus is $1.14, growing to $4.77 the year after.
REVENUE · NEXT QUARTER
$1.5B
Range $1.2B – $1.7B · 14 analysts · -21% YoY
Revenue is expected to reach $1.5B (range $1.2B – $1.7B), -21.2% year-over-year. Full-year consensus is $5.9B, rising to $7.6B next year.
Top analysts covering Coinbase Global Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on COIN.
#1
Devin Ryan
JMP Securities · Rank #6
Buy
$355.00+111.5% to target
Overall win rate
61%
+ Follow
#2
Patrick Moley
Piper Sandler · Rank #92
Hold
$155.00-7.7% to target
Overall win rate
42%
+ Follow
#3
Benjamin Budish
Barclays · Rank #101
Sell
$99.00-41.0% to target
Overall win rate
48%
+ Follow
#4
Mark Palmer
Benchmark · Rank #307
Buy
$270.00+60.8% to target
Overall win rate
31%
+ Follow
#5
Joseph Vafi
Canaccord Genuity · Rank #316
Buy
$300.00+78.7% to target
Overall win rate
32%
+ Follow
COIN stock forecast FAQ
What is COIN's average 12-month price target?+
The 18 analysts with a live target average $237.00 for Coinbase Global Inc over the next 12 months, ranging from a $330.00 high to a $99.00 low.
Is COIN stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 26 analyst ratings, 17 are Buy or Strong Buy, 7 are Hold, and 2 are Sell or Strong Sell.
What are the highest and lowest price targets for COIN?+
The Street-high target is $330.00 (Bernstein), and the Street-low is $99.00 (Barclays). The average of all 18 active targets is $237.00.
How many Wall Street analysts cover COIN?+
26 analysts have an active rating on Coinbase Global Inc, and 18 firms carry a live 12-month price target.
Who is the most accurate analyst covering COIN?+
Among analysts who currently cover COIN, Devin Ryan of JMP Securities has the strongest overall Quantellect track record (Rank #6). Their current call is Buy with a $355.00 target.
What is Coinbase Global Inc's projected EPS for next quarter?+
The consensus estimate is $0.55 per share (range $0.10 – $0.90) across 14 analysts. Full-year EPS is projected at $1.14, rising to $4.77 the following year.
How much revenue is Coinbase Global Inc expected to report next quarter?+
Consensus revenue is $1.5B (range $1.2B – $1.7B). Full-year revenue is projected at $5.9B, growing to $7.6B next year.
Have analysts been upgrading or downgrading COIN lately?+
As of Jul, 17 of 25 firms rate COIN a Buy (6 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their COIN calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.