From Nasdaq Corporation

April 21, 2025 5:45 pm:

In the latest market close, Coinbase Global, Inc. (COIN) saw a -0.02% movement to $175, narrower than the S&P 500’s 2.36% loss. Over the past month, COIN shares fell by 7.81%, trailing the Finance sector’s 4.85% loss and the S&P 500’s 5.6% dip.

Coinbase Global, Inc. is set to release its earnings on May 8, 2025, with an expected EPS of $2.09, a 26.67% increase from the previous year. Revenue is projected to reach $2.22 billion, a 35.63% rise year-over-year. Zacks Consensus Estimates predict full-year earnings of $7.18 per share and revenue of $8.04 billion.

COIN currently has a Forward P/E ratio of 24.37, higher than the industry average of 8.87. The company’s PEG ratio stands at 9.09, significantly above the industry average of 0.97. The Financial – Miscellaneous Services industry is in the top 31% of all industries with a Zacks Industry Rank of 76.

Zacks’ Research Chief has identified 5 stocks likely to double in value, with one standing out as the top pick. This innovative financial firm has a growing customer base and cutting-edge solutions, making it a strong contender for significant gains. Previous Zacks recommendations have seen substantial returns, such as Nano-X Imaging’s +129.6% increase in 9 months.

For more information on Coinbase Global, Inc. and other stock analysis reports, visit Zacks Investment Research’s website.

Read more at Nasdaq, Inc.: Coinbase Global, Inc. (COIN) Stock Moves -0.02%: What You Should Know