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): 40.27%
Revenue Trend (3Y Correlation): 89.2%

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	84,407m
Sub-Industry	Diversified Capital Markets
IPO / Inception	2021-04-14

COIN Stock Ratings

Growth Rating	65.3%
Fundamental	75.7%
Dividend Rating	-
Return 12m vs S&P 500	1.13%
Analyst Rating	3.69 of 5

COIN Dividends

Currently no dividends paid

COIN Growth Ratios

Growth Correlation 3m	52.3%
Growth Correlation 12m	48.2%
Growth Correlation 5y	27.4%
CAGR 5y	80.63%
CAGR/Max DD 3y (Calmar Ratio)	1.44
CAGR/Mean DD 3y (Pain Ratio)	3.63
Sharpe Ratio 12m	-0.29
Alpha	-0.49
Beta	3.684
Volatility	72.80%
Current Volume	12191.2k
Average Volume 20d	9341.7k
Stop Loss	274.5 (-7%)
Signal	-1.28

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (2.86b TTM) > 0 and > 6% of Revenue (6% = 420.5m TTM)

FCFTA 0.08 (>2.0%) and ΔFCFTA 7.28pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 132.1% (prev 181.9%; Δ -49.79pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.08 (>3.0%) and CFO 1.81b <= Net Income 2.86b (YES >=105%, WARN >=100%)

Net Debt (-3.13b) to EBITDA (3.68b) ratio: -0.85 <= 3.0 (WARN <= 3.5)

Current Ratio 2.13 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (278.9m) change vs 12m ago 4.53% (target <= -2.0% for YES)

Gross Margin 73.84% (prev 80.66%; Δ -6.82pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 4.52% (prev 1.63%; Δ 2.88pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 43.28 (EBITDA TTM 3.68b / Interest Expense TTM 82.1m) >= 6 (WARN >= 3)

Altman Z'' 4.23

(A) 0.39 = (Total Current Assets 17.49b - Total Current Liabilities 8.23b) / Total Assets 23.48b

(B) 0.27 = Retained Earnings (Balance) 6.46b / Total Assets 23.48b

(D) 0.57 = Book Value of Equity 6.46b / Total Liabilities 11.38b

Total Rating: 4.23 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 75.71

1. Piotroski 5.0pt = 0.0

2. FCF Yield 2.28% = 1.14

3. FCF Margin 25.78% = 6.45

4. Debt/Equity 0.36 = 2.43

5. Debt/Ebitda -0.85 = 2.50

6. ROIC - WACC (= 0.40)% = 0.50

7. RoE 27.53% = 2.29

8. Rev. Trend 89.23% = 6.69

9. EPS Trend 74.12% = 3.71

What is the price of COIN shares?

As of November 07, 2025, the stock is trading at USD 295.22 with a total of 12,191,181 shares traded.
Over the past week, the price has changed by -10.13%, over one month by -23.53%, over three months by -2.75% and over the past year by +16.09%.

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 75.71 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 289.48 USD . This means that COIN is currently overvalued and has a potential downside of -1.94%.

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	383.2	29.8%
Analysts Target Price	383.2	29.8%
ValueRay Target Price	347.4	17.7%

COIN Fundamental Data Overview November 01, 2025

Market Cap USD = 84.41b (84.41b USD * 1.0 USD.USD)
P/E Trailing = 31.6484
P/E Forward = 54.0541
P/S = 12.5867
P/B = 7.9041
P/EG = 11.5304
Beta = 3.684
Revenue TTM = 7.01b USD
EBIT TTM = 3.55b USD
EBITDA TTM = 3.68b USD
Long Term Debt = 2.97b USD (from longTermDebt, last quarter)
Short Term Debt = 1.27b USD (from shortTermDebt, last quarter)
Debt = 4.41b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -3.13b USD (from netDebt column, last quarter)
Enterprise Value = 79.27b USD (84.41b + Debt 4.41b - CCE 9.55b)
Interest Coverage Ratio = 43.28 (Ebit TTM 3.55b / Interest Expense TTM 82.1m)
FCF Yield = 2.28% (FCF TTM 1.81b / Enterprise Value 79.27b)
FCF Margin = 25.78% (FCF TTM 1.81b / Revenue TTM 7.01b)
Net Margin = 40.83% (Net Income TTM 2.86b / Revenue TTM 7.01b)
Gross Margin = 73.84% ((Revenue TTM 7.01b - Cost of Revenue TTM 1.83b) / Revenue TTM)
Gross Margin QoQ = 71.53% (prev 75.29%)
Tobins Q-Ratio = 3.38 (Enterprise Value 79.27b / Total Assets 23.48b)
Interest Expense / Debt = 0.47% (Interest Expense 20.5m / Debt 4.41b)
Taxrate = 21.65% (394.9m / 1.82b)
NOPAT = 2.78b (EBIT 3.55b * (1 - 21.65%))
Current Ratio = 2.13 (Total Current Assets 17.49b / Total Current Liabilities 8.23b)
Debt / Equity = 0.36 (Debt 4.41b / totalStockholderEquity, last quarter 12.09b)
Debt / EBITDA = -0.85 (Net Debt -3.13b / EBITDA 3.68b)
Debt / FCF = -1.73 (Net Debt -3.13b / FCF TTM 1.81b)
Total Stockholder Equity = 10.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.19% (Net Income 2.86b / Total Assets 23.48b)
RoE = 27.53% (Net Income TTM 2.86b / Total Stockholder Equity 10.39b)
RoCE = 26.59% (EBIT 3.55b / Capital Employed (Equity 10.39b + L.T.Debt 2.97b))
RoIC = 19.03% (NOPAT 2.78b / Invested Capital 14.63b)
WACC = 18.64% (E(84.41b)/V(88.82b) * Re(19.59%) + D(4.41b)/V(88.82b) * Rd(0.47%) * (1-Tc(0.22)))
Discount Rate = 19.59% (= CAPM, Blume Beta Adj.) -> capped to 17.95%
Shares Correlation 3-Years: 100.0 | Cagr: 3.34%
[DCF Debug] Terminal Value 38.99% ; FCFE base≈1.56b ; Y1≈1.03b ; Y5≈468.8m
Fair Price DCF = 16.87 (DCF Value 3.63b / Shares Outstanding 215.2m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 74.12 | EPS CAGR: 322.0% | SUE: 0.19 | # QB: 0
Revenue Correlation: 89.23 | Revenue CAGR: 40.27% | SUE: -0.12 | # QB: 0

Additional Sources for COIN Stock

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