From Nasdaq: 2024-04-04 17:45:20

Coinbase Global, Inc. (COIN) closed trading at $249.61, down 0.78% from the previous day. Its shares have risen 5.46% in the last month, outperforming the Finance sector and the S&P 500. Earnings per share is projected to be $0.60, with revenue expected to reach $1.14 billion.

Investors wait for Coinbase Global, Inc.’s earnings report. Forecasts predict EPS to increase 300% from last year, with revenue growing 47.5%. Annual estimates suggest earnings per share of $1.80 and revenue of $4.43 billion, showing significant growth. Analysts recommend a Strong Buy rating for Coinbase Global, Inc.

Coinbase Global, Inc. currently trades at a Forward P/E ratio of 139.48, higher than the industry average of 22.28. The Securities and Exchanges industry is in the top 26% of over 250 industries according to Zacks Industry Rank. Analysts recommend monitoring these metrics closely for future trading.

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Read more at Nasdaq.: Coinbase Global, Inc. (COIN) Stock Moves -0.78%: What You Should Know