Overview Dividends

(COIN) Coinbase Global - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US19260Q1076

Exchange, Wallet, Custody, Staking, Developer

COIN EPS (Earnings per Share)

EPS Growth (3Y CAGR): 321.99%
EPS Trend (3Y Correlation): 74.1%

COIN Revenue

Revenue Growth (3Y CAGR): 48.57%
Revenue Trend (3Y Correlation): 87.5%

Risk via 10d forecast
Volatility	77.1%
Value at Risk 5%th	114%
Relative Tail Risk	-8.15%

Reward TTM
Sharpe Ratio	0.16
Alpha	-36.84

Character TTM
Hurst Exponent	0.575
Beta	2.122
Beta Downside	1.815

Drawdowns 3y
Max DD	55.92%
Mean DD	21.65%
Median DD	22.97%

Description: COIN Coinbase Global September 25, 2025

Coinbase Global, Inc. (NASDAQ: COIN) operates a comprehensive cryptocurrency platform that serves both retail consumers and institutional clients worldwide. The firm provides a primary financial account for everyday crypto users, a brokerage with deep liquidity for institutional traders, and developer tools that enable on-chain application building. Founded in 2012 and headquartered in New York, Coinbase is classified under the GICS sub-industry “Diversified Capital Markets.”

Key recent metrics highlight the company’s scale and growth trajectory: Q2 2024 revenue reached $1.2 billion, up 18% YoY, driven by a 32% increase in verified monthly transacting users (≈13 million) and a 45% rise in total transaction volume to $1.9 trillion. The platform’s earnings are increasingly tied to macro-level crypto market volatility and the pace of regulatory clarity in the United States, while institutional adoption of digital assets-evidenced by a 27% jump in institutional net inflows-remains a primary growth catalyst. Sector-wide, the expansion of decentralized finance (DeFi) and the emergence of “crypto-native” corporate treasuries are boosting demand for the on-chain developer services Coinbase offers.

For a deeper, data-driven view of Coinbase’s valuation dynamics, you may find it worthwhile to explore the analytical dashboards on ValueRay, which aggregate real-time market, on-chain, and regulatory data. 

COIN Stock Overview

Market Cap in USD	83,358m
Sub-Industry	Diversified Capital Markets
IPO / Inception	2021-04-14
Return 12m vs S&P 500	-12.7%
Analyst Rating	3.69 of 5

COIN Dividends

Currently no dividends paid

COIN Growth Ratios

CAGR 3y	80.69%
CAGR/Max DD Calmar Ratio	1.44
CAGR/Mean DD Pain Ratio	3.73
Current Volume	11109.5k
Average Volume	8949.8k

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (3.22b TTM) > 0 and > 6% of Revenue (6% = 460.3m TTM)

FCFTA 0.01 (>2.0%) and ΔFCFTA 0.50pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 168.2% (prev 169.2%; Δ -1.04pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.01 (>3.0%) and CFO 325.9m <= Net Income 3.22b (YES >=105%, WARN >=100%)

Net Debt (-996.7m) to EBITDA (4.12b) ratio: -0.24 <= 3.0 (WARN <= 3.5)

Current Ratio 2.40 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (292.0m) change vs 12m ago 9.17% (target <= -2.0% for YES)

Gross Margin 77.35% (prev 77.67%; Δ -0.31pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 4.77% (prev 1.80%; Δ 2.97pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 47.61 (EBITDA TTM 4.12b / Interest Expense TTM 83.4m) >= 6 (WARN >= 3)

Altman Z'' 4.05

(A) 0.41 = (Total Current Assets 22.09b - Total Current Liabilities 9.19b) / Total Assets 31.35b

(B) 0.22 = Retained Earnings (Balance) 6.89b / Total Assets 31.35b

(D) 0.45 = Book Value of Equity 6.89b / Total Liabilities 15.33b

Total Rating: 4.05 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 73.37

1. Piotroski 4.0pt = -1.0

2. FCF Yield 0.41% = 0.21

3. FCF Margin 4.25% = 1.06

4. Debt/Equity 0.48 = 2.39

5. Debt/Ebitda -0.24 = 2.50

6. ROIC - WACC (= 4.60)% = 5.75

7. RoE 26.34% = 2.20

8. Rev. Trend 87.52% = 6.56

9. EPS Trend 74.12% = 3.71

What is the price of COIN shares?

As of November 14, 2025, the stock is trading at USD 283.14 with a total of 11,109,537 shares traded.
Over the past week, the price has changed by -4.09%, over one month by -20.69%, over three months by -13.42% and over the past year by -0.55%.

Is Coinbase Global a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Coinbase Global (NASDAQ:COIN) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 73.37 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of COIN is around 275.16 USD . This means that COIN is currently overvalued and has a potential downside of -2.82%.

Is COIN a buy, sell or hold?

Coinbase Global has received a consensus analysts rating of 3.69. Therefor, it is recommend to hold COIN.

Strong Buy: 10
Buy: 3
Hold: 14
Sell: 1
Strong Sell: 1

What are the forecasts/targets for the COIN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	385.3	36.1%
Analysts Target Price	385.3	36.1%
ValueRay Target Price	330.2	16.6%

COIN Fundamental Data Overview November 09, 2025

Market Cap USD = 83.36b (83.36b USD * 1.0 USD.USD)
P/E Trailing = 26.7422
P/E Forward = 54.0541
P/S = 11.3097
P/B = 7.9041
P/EG = 11.5304
Beta = 3.675
Revenue TTM = 7.67b USD
EBIT TTM = 3.97b USD
EBITDA TTM = 4.12b USD
Long Term Debt = 4.23b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.65b USD (from shortTermDebt, last quarter)
Debt = 7.76b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -996.7m USD (from netDebt column, last quarter)
Enterprise Value = 78.66b USD (83.36b + Debt 7.76b - CCE 12.45b)
Interest Coverage Ratio = 47.61 (Ebit TTM 3.97b / Interest Expense TTM 83.4m)
FCF Yield = 0.41% (FCF TTM 325.9m / Enterprise Value 78.66b)
FCF Margin = 4.25% (FCF TTM 325.9m / Revenue TTM 7.67b)
Net Margin = 41.95% (Net Income TTM 3.22b / Revenue TTM 7.67b)
Gross Margin = 77.35% ((Revenue TTM 7.67b - Cost of Revenue TTM 1.74b) / Revenue TTM)
Gross Margin QoQ = 86.44% (prev 71.53%)
Tobins Q-Ratio = 2.51 (Enterprise Value 78.66b / Total Assets 31.35b)
Interest Expense / Debt = 0.28% (Interest Expense 21.8m / Debt 7.76b)
Taxrate = 13.86% (69.6m / 502.1m)
NOPAT = 3.42b (EBIT 3.97b * (1 - 13.86%))
Current Ratio = 2.40 (Total Current Assets 22.09b / Total Current Liabilities 9.19b)
Debt / Equity = 0.48 (Debt 7.76b / totalStockholderEquity, last quarter 16.02b)
Debt / EBITDA = -0.24 (Net Debt -996.7m / EBITDA 4.12b)
Debt / FCF = -3.06 (Net Debt -996.7m / FCF TTM 325.9m)
Total Stockholder Equity = 12.22b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.27% (Net Income 3.22b / Total Assets 31.35b)
RoE = 26.34% (Net Income TTM 3.22b / Total Stockholder Equity 12.22b)
RoCE = 24.13% (EBIT 3.97b / Capital Employed (Equity 12.22b + L.T.Debt 4.23b))
RoIC = 22.52% (NOPAT 3.42b / Invested Capital 15.18b)
WACC = 17.92% (E(83.36b)/V(91.12b) * Re(19.56%) + D(7.76b)/V(91.12b) * Rd(0.28%) * (1-Tc(0.14)))
Discount Rate = 19.56% (= CAPM, Blume Beta Adj.) -> capped to 17.95%
Shares Correlation 3-Years: 100.0 | Cagr: 10.89%
[DCF Debug] Terminal Value 38.99% ; FCFE base≈825.9m ; Y1≈542.3m ; Y5≈248.0m
Fair Price DCF = 8.41 (DCF Value 1.92b / Shares Outstanding 228.2m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 74.12 | EPS CAGR: 322.0% | SUE: 0.19 | # QB: 0
Revenue Correlation: 87.52 | Revenue CAGR: 48.57% | SUE: 0.08 | # QB: 0

Additional Sources for COIN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle