Coinbase Global, Inc. (NASDAQ:COIN) Stock Update a…
From Financial Modeling Prep: 2025-05-08 14:10:00
Coinbase Global, Inc. (NASDAQ:COIN) is a top cryptocurrency exchange platform, competing with Binance and Kraken. Citigroup updated COIN’s rating to Neutral on May 8, 2025, with a stock price of $208.34.
Analysts anticipate Coinbase’s Q1 earnings at $2.11 per share, with expected revenue of $2.12 billion, a rise from last year’s $1.64 billion. Coinbase has surpassed revenue estimates in eight of the last ten quarters.
Despite projections, COIN shares dipped 0.2% to $196.56, but have rebounded to $208.92, up 6.29%. Stock has seen volatility, trading between $202.81 and $210.45.
COIN’s 52-week range is $142.58 to $349.75, with a market cap of around $53.24 billion. Trading volume on NASDAQ is 9,144,353 shares, indicating active investor engagement.
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