COIN Chart
About

Coinbase Global, Inc. operates platform for crypto assets in the United States and internationally. It provides the primary financial account in the crypto economy for consumers; a brokerage platform with a pool of liquidity across the crypto marketplace for institutions; and a suite of products granting access to build onchain for developers. The company was founded in 2012 and is based in New York, New York.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Financial Data & Stock E Market Cap 44.31B
Enterprise Value 39.66B Income 1.26B Sales 6.88B
Book/sh 55.23 Cash/sh 43.91 Dividend Yield —
Payout 0.00% Employees 4951 IPO —
P/E 36.93 Forward P/E 26.04 PEG —
P/S 6.44 P/B 2.98 P/C —
EV/EBITDA 23.73 EV/Sales 5.76 Quick Ratio 1.38
Current Ratio 2.34 Debt/Eq 53.12 LT Debt/Eq —
EPS (ttm) 4.45 EPS next Y 6.31 EPS Growth —
Revenue Growth -22.20% Earnings 2026-05-07 ROA 3.55%
ROE 10.05% ROIC — Gross Margin 85.18%
Oper. Margin 11.30% Profit Margin 18.31% Shs Outstand 223.04M
Shs Float 220.12M Short Float 9.87% Short Ratio 2.22
Short Interest — 52W High 444.65 52W Low 139.36
Beta 3.70 Avg Volume 10.34M Volume 32.41M
Target Price $273.67 Recom Buy Prev Close $141.09
Price $164.32 Change 16.46%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$273.67
Mean price target
2. Current target
$167.96
Latest analyst target
3. DCF / Fair value
$104.78
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$167.96
Low
$148.00
High
$440.00
Mean
$273.67

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-17 main Mizuho Neutral → Neutral $170
2026-02-13 main Barclays Equal-Weight → Equal-Weight $148
2026-02-13 main Piper Sandler Neutral → Neutral $150
2026-02-13 main Benchmark Buy → Buy $267
2026-02-13 main Canaccord Genuity Buy → Buy $300
2026-02-13 main Rosenblatt Buy → Buy $240
2026-02-13 main Needham Buy → Buy $230
2026-02-13 main BTIG Buy → Buy $280
2026-02-11 main HC Wainwright & Co. Buy → Buy $350
2026-02-10 main JP Morgan Overweight → Overweight $290
2026-02-09 main Citigroup Buy → Buy $400
2026-02-09 main Cantor Fitzgerald Overweight → Overweight $221
2026-02-05 main BTIG Buy → Buy $340
2026-01-14 main Piper Sandler Neutral → Neutral $270
2026-01-12 main Oppenheimer Outperform → Outperform $370
2026-01-08 main Barclays Equal-Weight → Equal-Weight $258
2026-01-08 up B of A Securities Neutral → Buy $340
2025-12-18 main Cantor Fitzgerald Overweight → Overweight $320
2025-12-18 reit BTIG Buy → Buy $420
2025-12-17 init Deutsche Bank — → Buy $340
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 696101 1421990.0 — Conversion of Exercise of derivative security at price 18.13 per share. HAAS ALESIA J Chief Financial Officer — 2026-02-06 00:00:00 D
1 364600 56496307.0 — Sale at price 152.10 - 156.72 per share. HAAS ALESIA J Chief Financial Officer — 2026-02-06 00:00:00 D
2 321588 nan — — CHOI EMILIE MONICA President — 2026-01-15 00:00:00 D
3 4125 1059373.0 — Sale at price 250.27 - 260.09 per share. EHRSAM FREDERICK ERNEST III Director — 2026-01-15 00:00:00 I
4 4125 nan — — EHRSAM FREDERICK ERNEST III Director — 2026-01-15 00:00:00 I
5 8050 2012532.0 — Sale at price 249.56 - 250.44 per share. HAAS ALESIA J Chief Financial Officer — 2026-01-15 00:00:00 D
6 1375 343796.0 — Sale at price 250.03 per share. EHRSAM FREDERICK ERNEST III Director — 2026-01-05 00:00:00 I
7 1375 nan — — EHRSAM FREDERICK ERNEST III Director — 2026-01-05 00:00:00 I
8 40000 9958268.0 — Sale at price 248.53 - 250.01 per share. ARMSTRONG BRIAN Chief Executive Officer — 2026-01-05 00:00:00 D
9 40000 748400.0 — Conversion of Exercise of derivative security at price 18.71 per share. ARMSTRONG BRIAN Chief Executive Officer — 2026-01-05 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems22.52M92.32M-17.55M-147.21M
TaxRateForCalcs0.170.120.210.14
NormalizedEBITDA1.66B2.40B229.11M-1.80B
TotalUnusualItems130.96M747.23M-83.55M-1.03B
TotalUnusualItemsExcludingGoodwill130.96M747.23M-83.55M-1.03B
NetIncomeFromContinuingOperationNetMinorityInterest1.26B2.58B94.87M-2.62B
ReconciledDepreciation188.43M127.52M139.64M154.07M
ReconciledCostOfRevenue1.82B1.66B1.14B629.88M
EBITDA1.80B3.15B145.56M-2.82B
EBIT1.61B3.02B5.92M-2.98B
NetInterestIncome-85.41M-80.64M-82.77M-88.90M
InterestExpense85.41M80.64M82.77M88.90M
NormalizedIncome1.15B1.92B160.88M-1.75B
NetIncomeFromContinuingAndDiscontinuedOperation1.26B2.58B94.87M-2.62B
TotalExpenses5.73B4.33B3.16B5.14B
TotalOperatingIncomeAsReported1.44B2.31B-161.66M-2.71B
DilutedAverageShares287.21M273.38M254.39M222.34M
BasicAverageShares260.09M247.37M235.80M222.31M
DilutedEPS4.459.480.37-11.83
BasicEPS4.8510.420.40-11.81
DilutedNIAvailtoComStockholders1.28B2.59B94.75M-2.63B
AverageDilutionEarnings16.99M13.49M-1.00K-6.23M
NetIncomeCommonStockholders1.26B2.58B94.75M-2.62B
OtherunderPreferredStockDividend0.001.31M119.00K0.00
NetIncome1.26B2.58B94.87M-2.62B
NetIncomeIncludingNoncontrollingInterests1.26B2.58B94.87M-2.62B
NetIncomeContinuousOperations1.26B2.58B94.87M-2.62B
TaxProvision261.74M363.58M-171.72M-439.63M
PretaxIncome1.52B2.94B-76.84M-3.06B
OtherIncomeExpense151.33M787.85M59.66M-1.03B
OtherNonOperatingIncomeExpenses20.37M40.63M143.22M-2.50M
SpecialIncomeCharges0.000.00-107.92M-762.91M
OtherSpecialCharges-117.38M
ImpairmentOfCapitalAssets0.000.00-34.67M722.21M
RestructuringAndMergernAcquisition0.000.00142.59M40.70M
GainOnSaleOfSecurity130.96M747.23M24.37M-262.97M
NetNonOperatingInterestIncomeExpense-85.41M-80.64M-82.77M-88.90M
InterestExpenseNonOperating85.41M80.64M82.77M88.90M
OperatingIncome1.46B2.24B-53.74M-1.95B
OperatingExpense3.90B2.67B2.03B4.51B
OtherOperatingExpenses356.13M7.93M10.26M74.59M
ResearchAndDevelopment1.67B1.47B1.32B2.33B
SellingGeneralAndAdministration1.88B1.20B691.77M2.11B
SellingAndMarketingExpense922.35M503.41M188.55M510.09M
GeneralAndAdministrativeExpense954.88M693.70M503.23M1.60B
OtherGandA954.88M693.70M503.23M1.60B
SalariesAndWages642.39M760.82M470.62M
GrossProfit5.36B4.91B1.97B2.56B
CostOfRevenue1.82B1.66B1.14B629.88M
TotalRevenue7.18B6.56B3.11B3.19B
OperatingRevenue6.88B6.29B2.93B3.15B
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber267.84M253.64M242.05M230.87M
ShareIssued267.84M253.64M242.05M230.87M
TotalDebt7.83B4.69B2.98B3.49B
TangibleBookValue9.23B9.09B5.06B4.25B
InvestedCapital22.45B14.89B9.26B8.87B
WorkingCapital11.69B10.17B5.87B5.63B
NetTangibleAssets9.23B9.09B5.06B4.25B
CapitalLeaseObligations172.74M85.79M3.82M75.78M
CommonStockEquity14.79B10.28B6.28B5.45B
TotalCapitalization20.73B14.51B9.26B8.85B
TotalEquityGrossMinorityInterest14.79B10.28B6.28B5.45B
StockholdersEquity14.79B10.28B6.28B5.45B
GainsLossesNotAffectingRetainedEarnings4.97M-50.05M-30.27M-38.61M
OtherEquityAdjustments4.97M-50.05M-30.27M-38.61M
RetainedEarnings6.22B4.96B1.82B1.73B
AdditionalPaidInCapital8.57B5.37B4.49B3.77B
CapitalStock3.00K2.00K2.00K2.00K
CommonStock3.00K2.00K2.00K2.00K
PreferredStock0.000.000.00
TotalLiabilitiesNetMinorityInterest14.88B12.27B8.47B84.27B
TotalNonCurrentLiabilitiesNetMinorityInterest6.18B4.32B2.99B3.46B
OtherNonCurrentLiabilities67.72M3.92M3.40M19.53M
PreferredSecuritiesOutsideStockEquity0.000.000.00
LongTermDebtAndCapitalLeaseObligation6.11B4.32B2.98B3.44B
LongTermCapitalLeaseObligation172.74M85.79M3.82M42.04M
LongTermDebt5.94B4.23B2.98B3.39B
CurrentLiabilities8.70B7.94B5.49B80.82B
OtherCurrentLiabilities6.17B6.95B4.99B80.39B
CurrentDeferredLiabilities197.15B80.24B10.48B
CurrentDeferredRevenue197.15B80.24B10.48B
CurrentDebtAndCapitalLeaseObligation1.72B374.27M10.90M54.25M
CurrentCapitalLeaseObligation10.90M33.73M32.37M
CurrentDebt1.72B374.27M20.52M20.06M
OtherCurrentBorrowings1.72B374.27M20.52M20.06M
PayablesAndAccruedExpenses805.28M615.98M496.18M366.76M
CurrentAccruedExpenses425.24M331.52M313.49M192.66M
Payables380.05M284.46M182.69M174.10M
OtherPayable196.46M130.23M126.03M112.52M
TotalTaxPayable65.98M90.91M17.37M5.53M
IncomeTaxPayable65.98M90.91M17.37M5.53M
AccountsPayable117.61M63.32M39.29M56.04M
TotalAssets29.67B22.54B14.75B89.72B
TotalNonCurrentAssets9.28B4.43B3.40B3.28B
OtherNonCurrentAssets55.51M33.13M19.84M17.26M
NonCurrentPrepaidAssets16.25M10.99M13.35M
NonCurrentDeferredAssets570.82M941.30M1.27B1.05B
NonCurrentDeferredTaxesAssets570.82M941.30M1.27B1.05B
NonCurrentAccountsReceivable62.23M60.00M
InvestmentsAndAdvances2.62B1.93B673.65M751.08M
OtherInvestments2.62B1.93B673.65M751.08M
LongTermEquityInvestment17.26M1.46M
GoodwillAndOtherIntangibleAssets5.57B1.19B1.23B1.21B
OtherIntangibleAssets1.40B46.80M86.42M135.43M
Goodwill4.17B1.14B1.14B1.07B
NetPPE406.20M281.23M205.29M241.21M
AccumulatedDepreciation-271.51M-184.62M-120.73M-85.02M
GrossPPE677.71M465.85M326.01M326.23M
Leases17.13M45.26M43.05M
ConstructionInProgress163.00K535.00K
OtherProperties223.39M104.09M32.55M69.36M
MachineryFurnitureEquipment454.32M361.76M293.47M211.61M
Properties0.000.000.00
CurrentAssets20.39B18.11B11.36B86.45B
OtherCurrentAssets149.38M266.29M143.37M75.43B
HedgingAssetsCurrent0.00
RestrictedCash6.50B7.27B4.98B5.17B
PrepaidAssets94.89M88.50M79.55M98.20M
Receivables1.73B914.95M631.09M464.82M
ReceivablesAdjustmentsAllowances-3.16M-29.43M-22.56M-11.50M
OtherReceivables133.20M167.92M109.36M28.84M
TaxesReceivable63.73M5.53M63.73M60.44M
AccruedInterestReceivable223.41M85.20M
LoansReceivable1.35B644.16M399.07M184.03M
AccountsReceivable177.08M126.76M81.49M203.01M
AllowanceForDoubtfulAccountsReceivable-22.56M-11.50M
GrossAccountsReceivable177.08M126.76M81.49M203.01M
CashCashEquivalentsAndShortTermInvestments11.91B9.57B5.53B5.29B
OtherShortTermInvestments628.61M261.05M386.02M861.15M
CashAndCashEquivalents11.29B9.31B5.14B4.43B
CashEquivalents6.61B3.68B
CashFinancial1.94B1.46B
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow2.43B3.10B673.38M-1.59B
RepurchaseOfCapitalStock-790.20M0.000.00
RepaymentOfDebt-580.66M-48.41M-355.65M-191.07M
IssuanceOfDebt3.58B1.37B31.64M190.96M
CapitalExpenditure-63.20M-63.97M-82.87M
InterestPaidSupplementalData68.54M76.14M82.40M3.79M
IncomeTaxPaidSupplementalData164.87M140.34M0.0035.89M
EndCashPosition16.89B15.68B9.93B9.43B
BeginningCashPosition15.68B9.93B10.29B17.68B
EffectOfExchangeRateChanges92.85M-48.37M8.77M-163.26M
ChangesInCash1.12B5.81B-371.00M-8.09B
FinancingCashFlow740.28M2.90B-838.21M-5.84B
CashFlowFromContinuingFinancingActivities740.28M2.90B-838.21M-5.84B
NetOtherFinancingCharges-1.58B1.44B-578.43M-5.91B
ProceedsFromStockOptionExercised111.40M142.56M64.24M76.02M
NetCommonStockIssuance-790.20M0.000.00
CommonStockPayments-790.20M0.000.00
NetIssuancePaymentsOfDebt3.00B1.32B-324.01M-117.00K
NetShortTermDebtIssuance45.76M74.16M-20.48M-117.00K
ShortTermDebtPayments-580.66M-48.41M-52.12M-191.07M
ShortTermDebtIssuance626.43M122.57M31.64M190.96M
NetLongTermDebtIssuance2.96B1.25B-303.53M0.00
LongTermDebtPayments0.000.00-303.53M0.00
LongTermDebtIssuance2.96B1.25B0.000.00
InvestingCashFlow-2.05B-201.00M-206.18M-663.82M
CashFlowFromContinuingInvestingActivities-2.05B-201.00M-206.18M-663.82M
NetOtherInvestingChanges-899.11M-202.83M-346.58M-46.83M
NetInvestmentPurchaseAndSale-408.40M1.83M171.14M-430.85M
SaleOfInvestment756.84M96.93M469.84M969.18M
PurchaseOfInvestment-1.17B-95.10M-298.70M-1.40B
NetBusinessPurchaseAndSale-742.04M0.00-30.73M-186.15M
PurchaseOfBusiness-742.04M0.00-30.73M
NetIntangiblesPurchaseAndSale0.000.00-60.80M
PurchaseOfIntangibles0.000.00-60.80M
NetPPEPurchaseAndSale-2.85M-2.88M
SaleOfPPE83.00K31.00K
PurchaseOfPPE-2.93M-2.91M
CapitalExpenditureReported-63.20M-61.04M-22.07M
OperatingCashFlow2.43B3.10B673.38M-1.59B
CashFlowFromContinuingOperatingActivities2.43B3.10B673.38M-1.59B
ChangeInWorkingCapital-31.41M69.09M48.65M-1.03B
ChangeInOtherWorkingCapital-90.30M123.93M-106.84M-1.03B
ChangeInOtherCurrentLiabilities108.10M-2.83M43.44M-110.99M
ChangeInOtherCurrentAssets-47.23M48.56M28.03M-828.90M
ChangeInPayablesAndAccruedExpense18.61M27.33M
ChangeInPayable18.61M27.33M
ChangeInAccountPayable18.61M27.33M
ChangeInPrepaidAssets28.95M-36.53M
ChangeInReceivables-1.98M-100.57M84.02M-139.12M
ChangesInAccountReceivables-1.98M-100.57M84.02M-141.02M
OtherNonCashItems62.25M11.34M-11.51M-2.92M
StockBasedCompensation839.44M912.84M780.67M1.57B
UnrealizedGainLossOnInvestmentSecurities0.00-145.59M-36.67M-178.23M
ProvisionandWriteOffofAssets11.06M-13.05M22.39M
AssetImpairmentCharge0.000.0096.78M858.70M
DeferredTax238.31M151.31M-216.33M-468.04M
DeferredIncomeTax238.31M151.31M-216.33M-468.04M
DepreciationAmortizationDepletion188.43M127.52M139.64M154.07M
DepreciationAndAmortization188.43M127.52M139.64M154.07M
OperatingGainsLosses-130.96M-747.23M-259.40M38.92M
GainLossOnInvestmentSecurities-130.96M-747.23M-24.37M10.47M
NetForeignCurrencyExchangeGainLoss17.19M28.52M-14.94M
GainLossOnSaleOfPPE-58.00K1.43M
NetIncomeFromContinuingOperations1.26B2.58B94.87M-2.62B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for COIN
Date User Asset Broker Type Position Size Entry Price Patterns