Coinbase Global (COIN) Stock Forecast, Price Target & Predictions
COIN Stock Forecast
Coinbase Global stock forecast is as follows: an average price target of $277.00 (represents a -9.07% downside from COIN’s last price of $304.64) and a rating consensus of 'Buy', based on 44 wall street analysts offering a 1-year stock forecast.
COIN Price Target
The average price target for Coinbase Global (COIN) is $277.00 based on 1-year price targets from 44 Wall Street analysts in the past 3 months, with a price target range of $875.00 to $11.00. This represents a potential -9.07% downside from COIN's last price of $304.64.
COIN Analyst Ratings
According to 44 Wall Street analysts, Coinbase Global's rating consensus is 'Buy'. The analyst rating breakdown for COIN stock is 0 'Strong Buy' (0.00%), 25 'Buy' (56.82%), 17 'Hold' (38.64%), 2 'Sell' (4.55%), and 0 'Strong Sell' (0.00%).
Coinbase Global Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 31, 2024 | John Todaro | Needham | - | - | 36.96% | -4.81% |
| Oct 29, 2024 | Mike Colonnese | H.C. Wainwright | - | - | 33.64% | -3.16% |
| Oct 28, 2024 | Gus Galá | Monness | - | - | 14.40% | -19.58% |
| Oct 23, 2024 | Hal Goetsch | B.Riley Financial | - | - | -12.21% | -39.27% |
| Oct 16, 2024 | Bo Pei | US Tiger Securities | - | - | 80.54% | 24.74% |
| Sep 06, 2024 | Benjamin Budish | Barclays | - | - | 5.82% | -44.52% |
| Aug 21, 2024 | Trevor Williams | Jefferies | - | - | 11.30% | -27.78% |
| Aug 02, 2024 | Patrick Moley | Piper Sandler | - | - | 19.80% | -19.58% |
| Jul 23, 2024 | Peter Christiansen | Citigroup | - | - | 29.12% | 13.25% |
| Jul 23, 2024 | Eric Luebchow | Wells Fargo | - | - | 227.48% | 187.22% |
The latest Coinbase Global stock forecast, released on Oct 31, 2024 by John Todaro from Needham, set a price target of $290.00, which represents a 36.96% increase from the stock price at the time of the forecast ($211.74), and a -4.81% decrease from COIN last price ($304.64).
Coinbase Global Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 4 | 6 | 29 |
| Avg Price Target | $253.75 | $260.67 | $253.97 |
| Last Closing Price | $304.64 | $304.64 | $304.64 |
| Upside/Downside | -16.70% | -14.43% | -16.63% |
In the current month, the average price target of Coinbase Global stock is $253.75, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a -16.70% decrease as opposed to Coinbase Global's last price of $304.64. This month's average price target is down -2.65% compared to last quarter, and down -0.09% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | UBS | Buy | Buy | Hold |
| Oct 31, 2024 | Monness | Buy | Buy | Hold |
| Oct 31, 2024 | Needham | Buy | Buy | Hold |
| Oct 31, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Oct 29, 2024 | H.C. Wainwright | Buy | Buy | Hold |
| Oct 28, 2024 | Monness | Buy | Initialise | |
| Oct 23, 2024 | CLSA | Underperform | Initialise | |
| Oct 23, 2024 | B. Riley Securities | Neutral | Initialise | |
| Oct 23, 2024 | Citigroup | Buy | Neutral | Initialise |
| Oct 23, 2024 | Daiwa | Buy | Outperform | Initialise |
Coinbase Global's last stock rating was published by UBS on Oct 31, 2024. The company gave COIN a "Buy" rating, the same as its previous rate.
Coinbase Global Financial Forecast
Coinbase Global Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $953.79M | $674.15M | $707.91M | $772.53M | $629.11M | $590.34M | $808.33M | $1.17B | $2.50B | $1.31B | $2.23B | $1.80B |
| Avg Forecast | $1.26B | $1.24B | $1.23B | $1.22B | $1.46B | $1.44B | $1.47B | $1.37B | $1.26B | $1.26B | $1.40B | $1.34B | $826.10M | $650.94M | $627.60M | $655.31M | $587.81M | $639.03M | $873.82M | $1.50B | $1.97B | $1.61B | $1.79B | $1.82B |
| High Forecast | $1.53B | $1.51B | $1.51B | $1.49B | $1.78B | $1.76B | $1.80B | $1.65B | $1.45B | $1.28B | $1.41B | $1.35B | $934.27M | $651.38M | $766.12M | $799.94M | $717.55M | $639.03M | $873.82M | $1.50B | $1.97B | $1.61B | $1.79B | $1.82B |
| Low Forecast | $1.08B | $1.06B | $1.06B | $1.05B | $1.25B | $1.23B | $1.26B | $1.12B | $1.17B | $1.24B | $1.39B | $1.33B | $716.69M | $650.51M | $536.89M | $560.59M | $502.85M | $639.03M | $873.82M | $1.50B | $1.97B | $1.61B | $1.79B | $1.82B |
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 11 | 5 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.04% | 1.13% | 1.18% | 1.07% | 0.92% | 0.93% | 0.78% | 1.27% | 0.81% | 1.25% | 0.99% |
Coinbase Global's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.34B, with a low forecast of $1.33B, and a high forecast of $1.35B. COIN's average Quarter revenue forecast represents a 40.60% increase compared to the company's last Quarter revenue of $953.79M (Dec 23).
Coinbase Global EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 11 | 5 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $41.43M | $-79.83M | $-73.58M | $41.56M | $-509.45M | $-583.30M | $-1.13B | $-555.73M | $913.56M | $287.96M | $881.49M | $1.01B |
| Avg Forecast | $-44.73M | $-44.12M | $-43.95M | $-43.59M | $-51.94M | $-51.24M | $-52.40M | $-48.76M | $-44.75M | $-44.89M | $-49.78M | $-5.00B | $-29.41M | $-23.17M | $-22.34M | $-5.34B | $-20.92M | $-15.38M | $-21.03M | $-5.72B | $-47.37M | $-38.85M | $-43.04M | $1.02B |
| High Forecast | $-38.27M | $-37.74M | $-37.60M | $-37.29M | $-44.44M | $-43.83M | $-44.82M | $-39.93M | $-41.50M | $-44.14M | $-49.34M | $-4.00B | $-25.51M | $-23.16M | $-19.11M | $-4.28B | $-17.90M | $-15.38M | $-21.03M | $-4.57B | $-47.37M | $-38.85M | $-43.04M | $1.22B |
| Low Forecast | $-54.60M | $-53.86M | $-53.65M | $-53.21M | $-63.41M | $-62.55M | $-63.96M | $-58.74M | $-51.60M | $-45.65M | $-50.22M | $-6.00B | $-33.26M | $-23.19M | $-27.27M | $-6.41B | $-25.54M | $-15.38M | $-21.03M | $-6.86B | $-47.37M | $-38.85M | $-43.04M | $816.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.41% | 3.44% | 3.29% | -0.01% | 24.35% | 37.93% | 53.85% | 0.10% | -19.28% | -7.41% | -20.48% | 0.99% |
2 analysts predict COIN's average Quarter EBITDA for Mar 24 to be $-5.00B, with a high of $-4.00B and a low of $-6.00B. This is -12160.71% lower than Coinbase Global's previous annual EBITDA (Dec 23) of $41.43M.
Coinbase Global Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 11 | 5 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $273.44M | $-2.27M | $-97.41M | $-78.90M | $-557.00M | $-544.63M | $-1.09B | $-429.66M | $840.21M | $406.10M | $1.61B | $771.46M |
| Avg Forecast | $104.97M | $100.29M | $88.92M | $98.28M | $217.16M | $214.20M | $298.71M | $246.49M | $159.07M | $119.63M | $253.69M | $-3.86B | $5.87M | $-146.85M | $-202.10M | $-4.13B | $636.46M | $-634.21M | $-659.55M | $-4.42B | $518.71M | $463.10M | $619.83M | $781.45M |
| High Forecast | $135.09M | $129.07M | $114.44M | $126.48M | $279.47M | $275.65M | $384.42M | $529.06M | $384.10M | $153.96M | $258.72M | $-3.09B | $40.11M | $-119.26M | $-164.13M | $-3.31B | $763.75M | $-634.21M | $-659.55M | $-3.54B | $525.71M | $463.10M | $619.83M | $937.74M |
| Low Forecast | $85.25M | $81.45M | $72.22M | $79.82M | $176.36M | $173.95M | $242.58M | $12.02M | $38.80M | $97.15M | $248.67M | $-4.64B | $-16.63M | $-188.99M | $-260.09M | $-4.96B | $509.17M | $-634.21M | $-659.55M | $-5.30B | $511.72M | $463.10M | $619.83M | $625.16M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 46.58% | 0.02% | 0.48% | 0.02% | -0.88% | 0.86% | 1.66% | 0.10% | 1.62% | 0.88% | 2.59% | 0.99% |
Coinbase Global's average Quarter net income forecast for Mar 24 is $-3.86B, with a range of $-4.64B to $-3.09B. COIN's average Quarter net income forecast represents a -1512.94% decrease compared to the company's last Quarter net income of $273.44M (Dec 23).
Coinbase Global SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 11 | 5 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $387.23M | $330.81M | $342.84M | $312.74M | $470.79M | $415.05M | $611.06M | $613.78M | $541.90M | $348.04M | $443.93M | $239.22M |
| Avg Forecast | $514.38M | $507.33M | $505.40M | $501.22M | $597.31M | $589.21M | $602.51M | $560.67M | $514.55M | $516.24M | $572.44M | $548.92M | $338.15M | $266.45M | $256.90M | $268.24M | $410.49M | $261.58M | $357.69M | $613.80M | $805.73M | $660.76M | $732.01M | $242.32M |
| High Forecast | $627.91M | $619.30M | $616.94M | $611.85M | $729.14M | $719.25M | $735.49M | $675.45M | $593.39M | $524.92M | $577.48M | $552.86M | $382.43M | $266.63M | $313.60M | $327.44M | $492.59M | $261.58M | $357.69M | $613.80M | $805.73M | $660.76M | $732.01M | $290.78M |
| Low Forecast | $440.04M | $434.01M | $432.35M | $428.78M | $510.98M | $504.05M | $515.43M | $459.13M | $477.20M | $507.57M | $567.40M | $544.99M | $293.37M | $266.28M | $219.77M | $229.47M | $328.39M | $261.58M | $357.69M | $613.80M | $805.73M | $660.76M | $732.01M | $193.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.24% | 1.33% | 1.17% | 1.15% | 1.59% | 1.71% | 1.00% | 0.67% | 0.53% | 0.61% | 0.99% |
Coinbase Global's average Quarter SG&A projection for Mar 24 is $548.92M, based on 2 Wall Street analysts, with a range of $544.99M to $552.86M. The forecast indicates a 41.75% rise compared to COIN last annual SG&A of $387.23M (Dec 23).
Coinbase Global EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 11 | 5 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.16 | $-0.01 | $-0.42 | $-0.34 | $-2.49 | $-2.43 | $-4.95 | $-1.98 | $4.01 | $1.92 | $7.77 | $3.92 |
| Avg Forecast | $0.39 | $0.38 | $0.33 | $0.37 | $0.81 | $0.80 | $1.12 | $0.92 | $0.59 | $0.45 | $0.95 | $1.15 | $0.02 | $-0.55 | $-0.76 | $-1.45 | $-2.52 | $-2.38 | $-2.47 | $0.08 | $1.94 | $1.74 | $2.32 | $3.00 |
| High Forecast | $0.51 | $0.48 | $0.43 | $0.47 | $1.04 | $1.03 | $1.44 | $1.98 | $1.44 | $0.58 | $0.97 | $1.15 | $0.15 | $-0.45 | $-0.61 | $-1.18 | $-2.05 | $-2.38 | $-2.47 | $0.08 | $1.97 | $1.74 | $2.32 | $3.00 |
| Low Forecast | $0.32 | $0.30 | $0.27 | $0.30 | $0.66 | $0.65 | $0.91 | $0.04 | $0.15 | $0.36 | $0.93 | $1.15 | $-0.06 | $-0.71 | $-0.97 | $-1.86 | $-3.25 | $-2.38 | $-2.47 | $0.08 | $1.92 | $1.74 | $2.32 | $3.00 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 52.85% | 0.02% | 0.56% | 0.23% | 0.99% | 1.02% | 2.00% | -25.92% | 2.06% | 1.11% | 3.34% | 1.31% |
According to 2 Wall Street analysts, Coinbase Global's projected average Quarter EPS for Mar 24 is $1.15, with a low estimate of $1.15 and a high estimate of $1.15. This represents a -0.73% decrease compared to COIN previous annual EPS of $1.16 (Dec 23).