← Portfolio summary

COIN

Coinbase Global, Inc.
Crypto Exchange
55
RISK / 100
HIGH
HIGH RISKMODERATELOW RISK
Last close
$186.49
Day chg
+8.2%
Market cap
$49.2B
P/E
n/a
Rev growth
-9%
Div yield

12-month price

Indicative · 52-wk rangeNo dividend
$402$139

Risk factor breakdown

Valuation
Multiples & price

Rich after the rip

Forward P/E ~165xRan +26% in a weekStill -54% off high
Rating

Hold · B/S 42/100

PT upside only ~+5%Priced for the rallyBeta ~3.4
vs Sector medianThisMedian
Fwd P/E165x~30x
EV/Sales~8x~6x
Beta3.41.2
Financial Health
Balance sheet

Strong liquidity

Ample cash & USDC economicsManageable debtEarnings crypto-linked
Profitability

Volatile P&L

Net loss ttm (-$988M)Revenue -9% ttmSubscription/stablecoin rev growing
Growth
Top-line

Product momentum

Stablecoin (USDC) revenue risingTokenisation & prediction marketsTrading volume cyclical
Outlook

Regulation swings both ways

Clarity Act tailwindBase / onchain growthNYC probe, policy risk

Score breakdown

Valuation risk · 35%58
Financial Health risk · 35%52
Growth risk · 30%54
Weighted risk = Valuation 35% · Financial Health 35% · Growth 30% → 55/100
PAGE 2

Quarterly trend

QuarterRevenue (idx)Adj EPS (idx)QoQ
Q3 25120110
Q4 25135125
Q1 2611895
Q2 2611085
Green rows = improving QoQ · red rows = declining. Figures indicative, drawn from reported results & guidance.

Latest earnings / delivery

Crypto rally re-rates the stock

COIN jumped +8.2% to $186.49 on Aug 21 (up ~26% in a week) as Bitcoin reclaimed $70K and President Trump backed the Clarity Act. Shares now sit near the $195 average analyst target.

Business mix

Growth is shifting toward stablecoins, tokenisation and prediction markets, but reported revenue is still down ~9% YoY and the company posted a trailing net loss.

Catalysts vs Risks

▲ Catalysts

  • Passage of the Clarity ActHIGH IMPACT
  • Sustained crypto bull marketHIGH IMPACT
  • Stablecoin / tokenisation scalingMEDIUM

▼ Risks

  • Beta ~3.4 — swings violentlyHIGH IMPACT
  • Rich ~165x forward multipleHIGH IMPACT
  • Regulatory / legal probesMEDIUM

Bottom line

Hold · Buy/Sell 42/100 · PT +5%
SELL / AVOIDHOLDATTRACTIVE BUY
Coinbase has strong product momentum, but after a ~26% weekly surge to $186 it is priced for the rally — trading near its analyst target on a ~165x forward multiple with a beta above 3. The risk/reward has tilted to Hold: the upside is largely in the price while the crypto-cycle downside is undiminished. Size or hedge the beta.
Generated August 24, 2026. Prices reflect the last completed session (August 21, 2026), sourced via AlphaVantage & web research; some quotes carry data-provider lag — verify live prices before acting. 12-month charts are indicative. Risk score = Valuation 35% · Financial Health 35% · Growth 30% (0 = low risk, 100 = high risk). Buy/Sell weighs current price level against fundamentals (0 = avoid, 100 = attractive). For informational purposes only — not investment advice.