Streetbeat News

COIN

Coinbase Global, Inc.

https://www.coinbase.com

Industry

Software - Application

Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company offers the primary financial account in the cryptoeconomy for retailers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware.

Open

282.51

Mkt cap

77B

Volume

18M

High

306.45

P/E Ratio

52.02

52-wk high

334.86

Low

276.02

Div yield

N/A

52-wk low

94.90

The article discusses the potential impact of a Donald Trump presidency on Coinbase (NASDAQ:COIN), a leading centralized crypto exchange in the U.S. It explores whether Coinbase's stock could double under such a political scenario.

Portfolio Pulse from

November 06, 2024 | 11:45 pm

Coinbase shares surged 31% following a favorable Election Day for the company's candidates, significantly boosting CEO Brian Armstrong's wealth by over $2 billion.

Portfolio Pulse from

November 06, 2024 | 9:30 pm

Coinbase's recent stock dip presents a potential investment opportunity for those who can see the long-term potential beyond the current setback.

Portfolio Pulse from

November 06, 2024 | 2:30 pm

Coinbase's growth has decelerated, yet it remains well-positioned for long-term success in the blockchain sector.

Portfolio Pulse from

November 05, 2024 | 3:30 pm

Coinbase Global, Inc. (COIN) is gaining significant attention from investors, as it is one of the most watched stocks on Zacks.com. This indicates a growing interest in the company's future prospects.

Portfolio Pulse from

November 05, 2024 | 3:30 pm

A class action lawsuit has been filed against Coinbase Global, Inc. (NASDAQ:COIN) by Bronstein, Gewirtz & Grossman, LLC. The lawsuit alleges violations of federal securities laws for those who acquired Coinbase securities between April 14, 2021, and July 25, 2024.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Piper Sandler analyst Patrick Moley has reiterated a Neutral rating on Coinbase Global (NASDAQ:COIN) and maintained a price target of $245.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 8:16 pm

Peter Schiff criticizes MicroStrategy's $42 billion Bitcoin investment strategy, likening it to a market trap. MicroStrategy plans to fund this investment by issuing $21 billion in debt and $21 billion in equity over three years. Coinbase also holds a significant cryptocurrency portfolio.

Portfolio Pulse from Ananya Gairola

November 01, 2024 | 6:54 am

Ark Innovation ETF (ARKK) and Ark Genomic Revolution ETF (ARKG), both managed by Cathie Wood's Ark Funds, celebrate their 10th anniversaries. Despite strong growth in the past, both ETFs have underperformed the S&P 500 in recent years. ARKK focuses on disruptive innovation, while ARKG targets the genomics revolution. The funds' active management style and focus on long-term growth mean returns can take years to materialize.

Portfolio Pulse from Chris Katje

October 31, 2024 | 7:23 pm

Coinbase Global Inc (NASDAQ:COIN) shares fell sharply after poor Q3 results, with analysts divided on its future. Goldman Sachs maintained a Neutral rating, Needham raised its price target, and H.C. Wainwright lowered its target but remained bullish. Analysts noted potential positive regulatory changes.

Portfolio Pulse from Hayden Buckfire

October 31, 2024 | 5:40 pm

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