Coinbase (COIN)
NASDAQFinancialsFinancial - Data & Stock ExchangesSnapshot 2026-10-29
$143.54-10.62%
Close 2026-10-30 · 1-day change
NASDAQFinancialsFinancial - Data & Stock ExchangesSnapshot 2026-10-29
Research Workspace
Put COIN beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Financials is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Derivatives trading volume growth: Comparison needs review.
View ThesisRevenue is contracting — down about 10% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens weak on capital allocation, earnings delivery, margins, market reaction to earnings.
View ManagementExpectations look high — the market is pricing in about 46% growth a year, above the roughly 8% analysts expect, leaving little room for error.
View ValuationThis stock is highly volatile — it swings about 3% on a typical day and fell roughly 60% in its worst 12-month stretch.
View RiskCoinbase’s case rests on its crypto platform and payments growth, despite sharply declining revenue. The latest quarter’s GAAP earnings beat, but revenue fell 35% year over year. Its shares trade at 7× P/S versus 3× for peers, while matching its own history. The market prices in more growth than our forecast. Fragile cash backing and a 54% next-quarter miss probability threaten that premium. The derivatives-volume pillar needs review, so its pressure remains unverified. Peer multiples imply a price about 46% below where it trades; the thesis is on watch. This read is provisional.
Trailing returns as of 2026-10-30. COIN is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 38 analysts currently covering COIN (as of Oct 2026).
Based on 19 Wall Street analysts offering 12-month price targets for COIN in the last 4 months.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| COIN Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 5 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Financial Exchanges & Data — fair value, gap to price, and forward P/E.
Compare the value case
Put COIN next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Grow the Everything Exchange
Agentic trading growth supports Everything Exchange adoption, though one-week growth is not yet evidence of durable scale.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $143.54
The last 12 months of price, then the range of analyst 12-month targets from today’s $143.54.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Around the middle on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Grow the Everything Exchange platform
EPS beat and prediction-markets growth support platform expansion, though quarterly results are not structural proof.
Advances: Maintain disciplined expense management and narrow 2026 adjusted expenses guida…
Profit on lower expenses supports cost discipline, alongside a trading rebound.
Higher net income is positive, but bitcoin investment gains may be volatile and nonrecurring.
Advances: Grow the Everything Exchange platform
Trading rebound and return to profit support exchange momentum, but may be cyclical.
Confirmed regulatory fine creates compliance and reputational costs, but appears limited in scale.
Threatens: Grow the Everything Exchange platform
Retail revenue fell sharply, raising concerns about platform growth and greater reliance on institutional activity.
Advances: Scale stablecoins and payments infrastructure
Stablecoin-backed card payments support Coinbase’s payments infrastructure, but the partnership’s scale and economic impact are unspecified.
