Coinbase (COIN) stock rises slightly, outperforming market, but has dropped significantly in past month.
From Nasdaq
March 20, 2025 05:45:16 PM:
In the latest trading session, Coinbase Global, Inc. (COIN) closed at $190.38, up +0.33%, outperforming the S&P 500 and Nasdaq. The stock has dropped by 26.64% in the past month. Analysts expect EPS of $2.18 and revenue of $2.2 billion in the upcoming release, with a Zacks Rank of #1 (Strong Buy).
Coinbase Global, Inc. is currently trading at a Forward P/E ratio of 25.92, higher than the industry average of 9.48. The company’s PEG ratio is 9.67, compared to the industry average of 1.02. The Financial – Miscellaneous Services industry has a Zacks Industry Rank of 32, in the top 13% of industries.
Zacks names #1 semiconductor stock with huge growth potential in AI, ML, and IoT. Global semiconductor manufacturing is projected to grow from $452 billion in 2021 to $803 billion by 2028. This stock is positioned for significant growth and is a top pick for investors seeking exposure to this booming sector.
Read more at Nasdaq: Coinbase Global, Inc. (COIN) Advances While Market Declines: Some Information for Investors