From Nasdaq

April 3, 2025 3:00 PM:

Coinbase (COIN) and Robinhood (HOOD) are closely tied to cryptocurrency, with President Donald Trump’s crypto support affecting both stocks. Increased Bitcoin movement impacts their performance. Regulatory ease boosts optimism for crypto adoption, but cyber threats remain a concern. COIN benefits from high US revenues and strong fundamentals, while HOOD diversifies products and focuses on cost control.

COIN’s revenue doubled in 2024, driven by increased trading volume and infrastructure investments. The company’s strong financial position and improving debt ratios are positive indicators. However, rising expenses and crypto price risks pose challenges for future earnings. Management aims to make Coinbase a leading platform for integrating cryptocurrency for companies.

HOOD is expanding its product base and market reach, focusing on becoming a leader in the active trader market. Efforts to increase retail participation and improve net interest revenues are driving revenue growth. Cost control measures have positively impacted margins, but regulatory risks and high stock-based compensation expenses are concerns for profitability.

COIN’s forward earnings multiple is lower than its historical median, while HOOD’s is higher. COIN relies heavily on crypto movements, while HOOD offers a diverse portfolio including stocks and options. Both companies are expanding internationally, with HOOD shares outperforming COIN recently. HOOD currently carries a Zacks Rank #2 (Buy), making it a potentially safer investment option.

Read more at Nasdaq: COIN vs. HOOD: Which Crypto Player is a Safe Investment Bet?