Coinbase Global Inc [NASDAQ: COIN] slipped around -38.22 points on Monday, while shares priced at $179.23 at the close of the session, down -17.58%.
Compared to the average trading volume of 9.15M shares, COIN reached a trading volume of 18527404 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Coinbase Global Inc [COIN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for COIN shares is $330.35 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on COIN stock is a recommendation set at 2.32. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Rosenblatt have made an estimate for Coinbase Global Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 07, 2025. While these analysts kept the previous recommendation, Mizuho raised their target price from $250 to $290. The new note on the price target was released on January 29, 2025, representing the official price target for Coinbase Global Inc stock. Previously, the target price had yet another raise from $245 to $390, while Monness Crespi & Hardt kept a Buy rating on COIN stock. On November 25, 2024, analysts increased their price target for COIN shares from 265 to 358.
The Average True Range (ATR) for Coinbase Global Inc is set at 19.46, with the Price to Sales ratio for COIN stock in the period of the last 12 months amounting to 6.29. The Price to Book ratio for the last quarter was 4.42, with the Price to Cash per share for the same quarter was set at 38.70. Price to Free Cash Flow for COIN in the course of the last twelve months was 14.66.
How has COIN stock performed recently?
Coinbase Global Inc [COIN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.89. With this latest performance, COIN shares dropped by -33.71% in over the last four-week period, additionally plugging by 12.23% over the last 6 months – not to mention a drop of -24.87% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for COIN stock in for the last two-week period is set at 28.80, with the RSI for the last a single of trading hit 24.69, and the three-weeks RSI is set at 32.80 for Coinbase Global Inc [COIN]. The present Moving Average for the last 50 days of trading for this stock 260.62, while it was recorded at 209.17 for the last single week of trading, and 235.68 for the last 200 days.
Earnings analysis for Coinbase Global Inc [COIN]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for COIN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Coinbase Global Inc go to -9.22%.
Insider trade positions for Coinbase Global Inc [COIN]
The top three institutional holders of COIN stocks are: VANGUARD GROUP INC with ownership of 17.66 million shares, which is approximately 7.2725%. BLACKROCK INC., holding 10.98 million shares of the stock with an approximate value of $$2.44 billion in COIN stocks shares; and BLACKROCK INC., currently with $$2.45 billion in COIN stock with ownership which is approximately 4.4795%.
