Stock Analysis
Coinbase Global, Inc. Class A Common StockCOIN
Sector: Financial Services · Industry: Finance Services
AnalystsStrong Buy45 analystsPrice is 15% of the way from the year's low to its high.
Cash covers 132% of debt · Q2 2026.
PMP Verdict
Weak fundamentals
Strengths
- Financial Health93
Risks
- Growth0
- Profitability17
Weak fundamentals — valuation is the only support.
Market context
-5.8% today· Z 2.0σ
Bull Case
- ✓Interest coverage 39.9× — debt well covered
What's happening with COIN
Profile
Strong financial health; growth, moat, profitability, earnings quality and valuation lag behind.
How is each axis scored?
- Valuation42/100 · Weak
- P/E vs own history (n/a)10/25
- FCF yield (5.8%)20/25
- P/S (7.3x)12/25
- EV/EBIT (70.2x)0/25
- Growth0/100 · Weak
- Revenue CAGR (-2.2%)0/25
- Net income CAGR (-23.2%)0/25
- EPS CAGR 5Y (-28.2%)0/25
- Fwd implied growth (n/a)0/25
- Profitability17/100 · Weak
- ROIC (4.5%)5/25
- ROE (-7.6%)0/25
- Net margin (-15.7%)0/25
- Operating margin (9.9%)12/25
- Financial Health93/100 · Strong
- Altman Z (2.88)18/25
- Current ratio (2.42)25/25
- Interest coverage (39.9x)25/25
- Net cash / debt (Net cash)25/25
- Quality30/100 · Weak
- Piotroski F (4/9)10/25
- Beneish M (-2.26)20/25
- FCF conversion (n/a)0/25
- Margin stability (σ 41.6%)0/25
- Moat6/100 · Weak
- ROIC >12% years (2/5 yrs)6/25
- Median gross margin (n/a)0/25
- FCF-positive years (n/a)0/25
- Worst-year net margin (worst -82.2%)0/25
Risk Flags
- ⚠SBC 14.9% of revenue — real dilution cost
- ⚠Revenue shrinking 2.2%/yr
About Coinbase Global, Inc. Class A Common Stock
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. Show more
The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
Headquarters: NEW YORK, NY · Employees: 4,951 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
42D+P/E (TTM)—
Price / TTM EPS (own statements)
P/FCF15.3xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield5.8%A
Grade A: ValueLatest stored TTM FCF / Market Cap — vs own 5Y history: -25.5%–59.9% · 40th pct
P/S (TTM)7.26xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 1.4x–25.6x · 43rd pct
EV/EBIT70.2xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 5.3x–102.1x · 82nd pct
EV/Sales7.4xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E161.4xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio3.49xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio12.16D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
17EROIC4.5%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE-7.6%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA-3.4%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin-15.7%D
Grade D: LowNet Income / Revenue
Operating Margin9.9%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin86.3%A
Grade A: PremiumGross Profit / Revenue
FCF Margin—
FCF / Revenue
True FCF Margin—
TTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
0ERevenue CAGR-2.2%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-23.2%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-28.2%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth—
Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+40.4%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue14.9%D
Grade D: HighTTM stock-based comp / TTM Revenue
Financial Health
93A+Altman Z-Score2.88C
Grade C: Gray zoneBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.42xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio2.41xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage39.9xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.51xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt1.32xA
Grade A: CoveredCash covers how much of total debt. >1 = could repay all debt from cash
Quality
30DPiotroski F-Score4/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.26A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability41.6%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue—
TTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.22xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Andreessen Marc L Filed | Andreessen Marc L | SellOpen market sale | -6838 | |
Andreessen Marc L Filed | Andreessen Marc L | SellOpen market sale | -13676 | |
HAAS ALESIA J Filed | HAAS ALESIA J | SellOpen market sale | -1371 | |
HAAS ALESIA J Filed | HAAS ALESIA J | SellOpen market sale | -1409 | |
HAAS ALESIA J Filed | HAAS ALESIA J | SellOpen market sale | -35840 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
HAAS ALESIA J Filed | HAAS ALESIA J | SellOpen market sale | -410 | |
Andreessen Marc L Filed | Andreessen Marc L | SellOpen market sale | -6838 | |
Andreessen Marc L Filed | Andreessen Marc L | SellOpen market sale | -13676 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
6EROIC >12% Years2/5 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)—
Median annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years—
Share of completed fiscal years with positive free cash flow
Net Margin Floor-82.2%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)—
TTM net income per share (Finnhub fallback)
Cash / Share$33.32
Cash & short-term investments per share (Finnhub)
Book Value / Share$49.59
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$6.67B
Total debt obligations (short + long term)
Cash & Equiv.$8.79B
Cash and short-term investments
Net Debt$-2.12BA
Grade A: Net CashTotal Debt minus Cash. Negative = Net Cash position
Total Equity$13.08B
Shareholders' equity (book value)
Asset / Liability1.98xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$45.60B
Current Market Capitalization
Beta3.34D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Coinbase Global, Inc. Class A Common Stock (COIN)
COIN is down 5.79% at the last close. Piotroski F-Score of 4/9 indicates mixed fundamentals for Coinbase Global, Inc. Class A Common Stock. Altman Z-Score of 2.88 falls in the grey zone (1.81–2.99) — financial distress is unlikely but not ruled out.
- Beneish M-Score of -2.26 suggests a low likelihood of earnings manipulation.
- Revenue has been contracting (CAGR ≈ -2%), which weighs on the growth outlook.
- Coinbase Global, Inc. Class A Common Stock posted a net loss in 1 of 5 available completed fiscal years (2021–2025).
See how COIN ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all COIN moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 170.85 | -7.05% | -2.43 |
| Oct 16 | After-hours | 172.85 | -5.96% | -2.03 |
Frequently Asked Questions about COIN
What is the current Coinbase Global, Inc. Class A Common Stock (COIN) stock price?
COIN is trading at $173.16 at the last market close, down 5.79% on the session. PreMarketPrice tracks COIN pre-market, intraday and after-hours prices.
Is COIN stock a buy right now?
PreMarketPrice's quantitative model rates Coinbase Global, Inc. Class A Common Stock's financial health at 93/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is COIN stock overvalued?
Coinbase Global, Inc. Class A Common Stock trades at a trailing P/E of n/a and our valuation score rates it 42/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Coinbase Global, Inc. Class A Common Stock report earnings?
No confirmed earnings date is currently scheduled for COIN. The Earnings section lists recent reports and updates as dates are announced.
What sector does Coinbase Global, Inc. Class A Common Stock operate in?
Coinbase Global, Inc. Class A Common Stock operates in the Financial Services sector, within the Finance Services industry. The Related Stocks section lists sector peers for comparison.
What does Coinbase Global, Inc. Class A Common Stock do?
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States.
About Coinbase Global, Inc. Class A Common Stock (COIN) Stock
Coinbase Global, Inc. Class A Common Stock (COIN) is a US-listed stock operating in the Financial Services sector, specifically the Finance Services industry. As of the latest update, Coinbase Global, Inc. Class A Common Stock is trading at $173.16, down 5.79% on the day with a market capitalization of $45.6 billion. The financial health score for COIN is 93/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for COIN stock.
COIN Stock Analysis & Key Metrics
On PreMarketPrice, you can track Coinbase Global, Inc. Class A Common Stock (COIN) across multiple dimensions:
- Pre-market price & movement: Real-time COIN stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for COIN with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Coinbase Global, Inc. Class A Common Stock across multiple reporting periods.
- Financial health score: A composite score of 93/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for COIN.
- Sector peers: Compare COIN against 6 other financial services stocks on key financial metrics.
Is COIN a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Coinbase Global, Inc. Class A Common Stock (COIN) as an investment. The financial health score of 93/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Coinbase Global, Inc. Class A Common Stock (COIN) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.